NOT LISTED FOR SALE

Estimated Value: $3,769,000 - $5,096,000

3 Beds
3 Baths
2,500 Sq Ft
$3,401/mo HOA Fee

Last Sold April 17, 2024

Last sale price $4,350,000 $1,740 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $33,952/month

329 Days on Market

Highlights

  • City View
  • Terrace
  • High-Rise Condominium
  • Ps 198 Isador E Ida Straus Rated A
  • Children's Playroom
  • 3-minute walk to Ruppert Park

About This Home

As of April 2024

This spectacular penthouse sits atop the Metropolitan, Carnegie Hill's iconic Phillip Johnson designed condominium. Located on the 31st floor, this 2,500 square-foot, three bed, three bath home with private terrace has sweeping views of the City from every room.

A gracious entry foyer leads into a dramatic living room with 10'5" ceilings. Fourteen wrap-around windows flood the room with light and give breathtaking views over Central Park, the reservoir and as far as Long Island and New Jersey. Off the living room is a functionally-designed eat-in kitchen with high-end appliances, center island and a washer/dryer. The 550 square foot planted terrace is a Zen garden in the sky, facing North, West and East. It can be accessed from the living room as well as the primary bedroom.

The primary bedroom suite has an ensuite marble bathroom with dual sinks, infinity soaking tub and a separate spa shower. Huge wrap-around windows, access to the terrace and two walk-in closets complete the luxurious suite. Two more large bedrooms with full ensuite bathrooms and each with ample closets are located in this wing of the apartment.

The Metropolitan is one the most prestigious condominiums in Carnegie Hill. It is an intimate and meticulously maintained building with white-glove service. Building amenities include doorman, concierge, fitness center, playroom and laundry room. Carnegie Hill is a quiet and beautiful tree lined Upper East Side neighborhood, marked by the Central Park reservoir, charming shops and restaurants and cultural institutions including the Guggenheim Museum and the 92nd Street Y. Pets are welcome. Working Capital Contribution equal to two (2) months' common charges payable by purchaser.

Last Agent to Sell the Property

David Adler

Corcoran Group License #10301216838 Listed on: 08/31/2023

Corcoran Group

Co-Listed By

Deborah Grubman

Corcoran Group License #30GR0710144

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $71,820

Year Built

  • Built in 2004

HOA Fees

  • $3,401 Monthly HOA Fees

Home Design

  • Entry on the 31st floor

Interior Spaces

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Additional Features

  • Terrace
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1095 / 01519

Community Details

Overview

  • 94 Units
  • High-Rise Condominium
  • The Metropolitan Condos
  • Carnegie Hill Subdivision
  • 32-Story Property

Amenities

  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$71,820

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,401 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Carnegie Hill
  • Entry Level: 31
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 32

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2500.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, Washer Hookup, In Unit
  • Green Building Features: Common Playroom, Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3401.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE METROPOLITAN
  • Units: 94
  • Total Stories: 32
  • Year Built: 2004

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01519
  • Tax Lot: 1095
  • Tax Annual: 71820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Apr 17, 2024
Sold by
Societe Civil Immobiliere New York Ltd
Bought by
Derrick Bassey As Trustee and The Parkview Qualified Personal Residenc
Seller's Agent
David Adler
Corcoran Group
List Price
$5,900,000
Sold Price
$4,350,000
Premium/Discount to List
-$1,550,000
-26.27%
Views
46
Current Estimated Value
$4,552,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,367
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Sorman Guy and Sorman Marie-Dominique
Bought by
Societe Civil Immobiliere New York Ltd

Purchase Details

Closed on
Oct 15, 2008
Sold by
Mcfadden Carol O
Bought by
Sorman Guy and Sorman Marie Dominique

Purchase Details

Closed on
Nov 1, 2006
Sold by
Mcfadden George
Bought by
Mcfadden Carol O

Purchase Details

Closed on
Dec 13, 2004
Sold by
Sherwood Properties Llc
Bought by
Mcfadden George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Derrick Bassey As Trustee $4,350,000 --
Derrick Bassey As Trustee $4,350,000 --
Societe Civil Immobiliere New York Ltd -- --
Societe Civil Immobiliere New York Ltd -- --
Sorman Guy $5,100,000 --
Sorman Guy $5,100,000 --
Mcfadden Carol O -- --
Mcfadden Carol O -- --
Mcfadden George $5,009,790 --
Mcfadden George $5,009,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcfadden George $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $4,350,000 -8.4% $1,740 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $4,750,000 -3.1% $1,900 / Sq Ft
08/31/2023 08/31/23 Price Changed $4,900,000 -10.1% $1,960 / Sq Ft
06/19/2023 06/19/23 Price Changed $5,450,000 -7.6% $2,180 / Sq Ft
04/04/2023 04/04/23 For Sale $5,900,000 -- $2,360 / Sq Ft
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 $78,982 $668,973 $33,385 $635,588
2024 $78,982 $631,755 $33,385 $598,370
2023 $75,194 $620,103 $33,385 $586,718
2022 $73,150 $697,546 $33,385 $664,161
2021 $67,523 $550,447 $33,385 $517,062
2020 $37,418 $609,412 $33,385 $576,027
2019 $34,568 $595,707 $33,385 $562,322
2018 $64,610 $536,251 $33,385 $502,866
2017 $62,627 $548,324 $33,385 $514,939
2016 $60,868 $531,730 $33,385 $498,345
2015 $18,726 $460,704 $33,385 $427,319
2014 $18,726 $462,892 $33,385 $429,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10949675

Real Estate Board of New York (REBNY)

APN: 1519-1095