NOT LISTED FOR SALE

165 Lexington Ave Unit 5-D New York, NY 10016

Rose Hill Neighborhood

Estimated Value: $1,158,000 - $1,401,000

1 Bed
1 Bath
-- Sq Ft
$776/mo HOA Fee

Last Sold August 09, 2022

Last sale price $1,405,000

Est. 9% decrease in value since last sale

Current estimated payment $9,274/month

1 Day on Market

Highlights

  • Full Time Doorman
  • 4-minute walk to 28 Street (4,6 Line)
  • Kitchen is in excellent condition
  • P.S. 116 Mary Lindley Murray Rated A-
  • New Construction
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of August 2022

A brand new Kips Bay condo with a private balcony and an abundance of natural light, this inviting 1-bedroom, 1-bathroom home is an effortless blend of classic city elegance and contemporary design. Features of this 730 sq. ft. apartment include beautiful white oak floors, floor-to-ceiling windows, custom light fixtures, and a convenient in-unit Miele washer/dryer.

A welcoming foyer adorned with a large coat closet flows into an open-concept living room, dining room, and kitchen filled with northeast light. The living room has access to the balcony, while the kitchen is equipped with an eat-in peninsula, custom Italian walnut cabinets, marble countertops and backsplash, and a suite of fully-integrated high-end Miele appliances. The bedroom has a private reach-in closet, and the bathroom combines a soothing palette with refined fixtures and finishes.

Imagined by Isaac & Stern Architects and DNArc P& Design Studios, 165 Lexington Avenue is an enticing Kips Bay condominium with Empire State Building views and luxurious interiors. Residents will enjoy a state-of-the-art fitness center with high-end equipment, a bright lounge, a convenient co-working space, a children's playroom, a bicycle room, and a furnished rooftop deck with lush planters, a barbecue, and stunning city views. Private storage units are also available.

Located in the northwestern corner of Kips Bay, the building is moments from a wide variety of restaurants, bars, cafes, and shops. It is a block away from Park Avenue, and it is close to Murray Hill, Koreatown, and NoMad. Madison Square Park is also close by. Nearby subway lines include the R/W/6.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD20-0066. SPONSOR: 165 LEXINGTON PARTNERS LLC, 354 MARCUS GARVEY BOULEVARD, BROOKLYN, NY 11220. EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Yitzchak Khaimov

REAVIS PARTNERS LLC License #10401270591 Listed on: 05/11/2022

Co-Listed By

Natanel Malkoukian

REAVIS PARTNERS LLC License #10401307136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,472

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Southeast Facing Home
  • Property is in excellent condition

HOA Fees

  • $776 Monthly HOA Fees

Home Design

  • Sponsor Unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Kitchen is in excellent condition
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 28 / 886

Community Details

Overview

  • Kips Bay Subdivision
  • The community has rules related to allowing pied a terres
  • 11-Story Property

Amenities

  • Full Time Doorman
  • Full Time Lobby Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,472

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$776 per month

Listing Details

  • Cross Street: East 30th Street/East 31st Street
  • Exposures: South, East
  • SponsorUnitYN: Yes
  • BuildingRules: BuildingWasherDryerAllowed, PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer
  • Living Area Units: Square Feet
  • Kitchen Condition: Excellent
  • Floor Number: 5

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building RoofDeck
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 776.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Landmark Status: No
  • Total Stories: 11
  • Year Built: 2021
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Tax Info

  • Tax Block: 886
  • Tax Lot: 28
  • Building Tax Lot: 28
  • Tax Annual: 11472.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Aug 9, 2022
Sold by
165 Lexington Partners
Bought by
Huang William
Seller's Agent
Yitzchak Khaimov
REAVIS PARTNERS LLC
List Price
$1,455,000
Sold Price
$1,405,000
Premium/Discount to List
-$50,000
-3.44%
Current Estimated Value
$1,272,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,749
Avg. Annual Appreciation
-3.33%
Original Mortgage
$1,124,000
Outstanding Balance
$1,077,253
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,030
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huang William $1,405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang William $1,124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $1,405,000 -3.4% --
06/12/2022 06/12/22 Off Market $1,455,000 -- --
06/05/2022 06/05/22 For Sale $1,455,000 0.0% --
05/13/2022 05/13/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,455,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,662 $143,289 $33,796 $109,493
2024 $17,662 $141,275 $33,796 $107,479
2023 $16,918 $135,319 $29,773 $105,546
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10791531

Real Estate Board of New York (REBNY)

APN: 0886-1322