The Empire 188 E 78th St Unit 16A New York, NY 10075
Metropolitan Hill Neighborhood
3
Beds
2.5
Baths
2,068
Sq Ft
$3,022/mo
HOA Fee
Highlights
- City View
- 2-minute walk to 77 Street (4,6 Line)
- Garden
- P.S. 158 The Bayard Taylor School Rated A
- Juliet Balcony
- Garage
About This Home
As of December 2024Priced to SELL Mint corner three bedroom and two and a half bath condo with high ceilings and large windows on the 16th floor now available at 188 East 78th Street, The Empire Condominium. This full of light jewel has three exposures with open city views. As one enters, there is a prewar feel with 9' 7" ceilings and large foyer with a marble floor mosaic inlay which opens to the many rooms in this lovely home. A gracious living room with a large bay window (facing west), formal dining room (facing south), three bedrooms, kitchen( facing south), and marble bathrooms make up this spacious home. There is a Juliette balcony with a large window-door in the kitchen, which is equipped with wooden cabinetry and granite countertops. There is a washer- dryer in the apartment. Closets are abundant, including a walk-in. All of the windows are very large. This luxury apartment is in the Empire Condominium which opened in 2001 designed by architects Schuman Lichtenstein Clamon-Efron. The lobby is elegant and impressive with double height ceilings and a beautiful spiral staircase leading to the mezzanine where all amenities are found. There is a magnificent planted garden on the second floor ,as well as a well-equipped gym, children's play room, business center, private dining salon, and laundry. The condo staff is superb. This apartment and building have it all. Priced to sell, apartment 16A with light, views, and location will not be on the market long.There is an assessment of $304 until 12/19. The tax per month of $2,092 listed above is with the primary resident abatement. Without the abatement, the tax is $2,536 . There is also a large storage unit which can be purchased separately or which will be part of the negotiation for the buyer of 16A. The storage unit is 7 and 1/2 feet high, 5 feet wide, and 5 feet deep.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices New York Properties License #30EL0966205 Listed on: 03/26/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,104
Year Built
- Built in 2000
HOA Fees
- $3,022 Monthly HOA Fees
Parking
- Garage
Interior Spaces
- 2,068 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Juliet Balcony
- Garden
- No Cooling
Community Details
Overview
- 72 Units
- The Empire Condos
- Upeast Subdivision
- 32-Story Property
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Dec 23, 2024
Sold by
Chen Bian
Bought by
Bachir P Karam As Trustee and The Elm Property Trust
Seller's Agent
Li Chun Kuo
Corcoran Group
List Price
$4,125,000
Sold Price
$3,850,000
Premium/Discount to List
-$275,000
-6.67%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$343,013
Avg. Annual Appreciation
-15.39%
Purchase Details
Listed on
Mar 26, 2018
Closed on
Feb 6, 2019
Sold by
Andrzej Barnowski Residence Trust and Andrzej Barnowski As Trustee
Bought by
Chen Bian
Seller's Agent
Anne Ellington
Berkshire Hathaway HomeServices New York Properties
List Price
$3,985,000
Sold Price
$3,450,000
Premium/Discount to List
-$535,000
-13.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Purchase Details
Closed on
Jul 3, 2002
Sold by
Fiduciary Trust Company
Bought by
Barnowksi Danuta
Purchase Details
Closed on
Apr 10, 2001
Sold by
Barnowski Andrzej
Bought by
Fiduciary Trust Company and Malanchuk Maria Trus
Purchase Details
Closed on
Jan 9, 2001
Sold by
Rfd Third Avenue I Associates Llc
Bought by
Barnowski Andrzej
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.37%
Similar Homes in New York, NY
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,850,000 | -- | |
| Deed | $3,450,000 | -- | |
| Deed | $3,450,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Condominium Deed | $2,072,500 | Stewart Title | |
| Condominium Deed | $2,072,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $3,850,000 | 0.0% | $1,862 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/27/2024 11/27/24 | Price Changed | $3,850,000 | -6.7% | $1,862 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $4,125,000 | +19.6% | $1,995 / Sq Ft |
| 02/06/2019 02/06/19 | Sold | $3,450,000 | -13.4% | $1,668 / Sq Ft |
| 09/06/2018 09/06/18 | Pending | -- | -- | -- |
| 03/27/2018 03/27/18 | For Sale | $3,985,000 | -- | $1,927 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $36,261 | $304,341 | $47,565 | $256,776 |
| 2024 | $36,261 | $290,042 | $47,565 | $242,477 |
| 2023 | $34,470 | $280,998 | $47,565 | $233,433 |
| 2022 | $33,476 | $295,247 | $47,565 | $247,682 |
| 2021 | $31,139 | $253,845 | $47,565 | $206,280 |
| 2020 | $33,210 | $281,036 | $47,565 | $233,471 |
| 2019 | $26,338 | $274,719 | $47,565 | $227,154 |
| 2018 | $30,427 | $263,223 | $47,565 | $215,658 |
| 2017 | $29,471 | $263,314 | $47,565 | $215,749 |
| 2016 | $28,908 | $248,997 | $47,565 | $201,432 |
| 2015 | $17,963 | $215,419 | $47,565 | $167,854 |
| 2014 | $17,963 | $205,211 | $47,565 | $157,646 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Li Chun Kuo
Corcoran Group
-
A
Seller's Agent in 2019
Anne Ellington
BHHS New York Prop
About The Empire
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10439691
APN: 1412-1142
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