NOT LISTED FOR SALE

Estimated Value: $3,869,000 - $6,213,000

4 Beds
3.5 Baths
2,845 Sq Ft
$5,161/mo HOA Fee

Last Sold July 07, 2022

Last sale price $6,000,000 $2,109 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $40,554/month

70 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 77 Street (4,6 Line)
  • 17,304 Sq Ft lot
  • P.S. 158 The Bayard Taylor School Rated A
  • River View
  • Den

About This Home

As of July 2022

First Offer! A prime opportunity to own a fabulous fully-renovated, high-floor 4 bed 3.5 bath condominium at the white-glove Empire Condominium featuring gorgeous interiors, panoramic views, and coveted location in the heart of the Upper East Side.

This rare, expansive apartment, accessed by a semi-private landing, will impress the discerning resident with exquisite finishes & details, new, stained oak hardwood floors & a gracious floorplan for entertaining. Beyond an elegant oval-shaped, wood-paneled entry gallery accented by custom plaster moldings & tray ceiling, a grand living room awaits graced by Venetian plaster walls, impeccable millwork, a Juliet balcony & breathtaking open northern views. An adjoining library/family room styled with designer carpeting & custom built-ins also has stretching vistas to the north. Off the living room to the east sits a beautiful formal dining room with thoughtful built-ins, brightened by huge corner bay windows capturing the East River. Connected for easy serving is the top-of-the-line custom eat-in kitchen that faces the river as well, designed for the chef with hand-painted solid wood cabinets, honed soapstone countertops & breakfast bar, a 6-burner Viking range with griddle & double oven, Sub-Zero refrigerator, 2 Miele dishwashers & wine fridge.

Proceed to the sleeping wing that affords optimal serenity. This is highlighted by a privately situated master suite offering awing open south & west views from the bedroom that extend from the Empire State Building to Central Park & the Reservoir. Completing the luxury experience is a separate sitting room with desk, custom closets & Juliet balcony, large dressing room, and opulent marble & Waterworks bath clad in mother of pearl walls with a dual vanity, Jacuzzi tub, spa shower & water closet. The sizable 2nd bedroom with corner bay window gazes at Central Park; the 3rd looks north with a Juliet balcony; and the 4th is en-suite. An integrated sound system heightens the allure.

The Empire at 188 East 78th between Third & Lexington Avenues is a premier full-service building with upscale amenities. Enhancing the sophisticated lifestyle is a 24-hour doorman, concierge, state-of-the-art fitness center, 2 outdoor gardens, parking garage, cinema room, business center, lounge with catering kitchen, children's playroom, roof deck, wine cellars, laundry, bike room & onsite storage. The location is supreme, near Central Park, the Metropolitan Museum of Art, fine shops & restaurants, transportation & more.

Last Agent to Sell the Property

Leslie Modell

Sothebys International Realty License #10301200832 Listed on: 01/20/2022

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $57,756

Year Built

  • Built in 2000

Lot Details

  • 0.4

HOA Fees

  • $5,161 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River

Interior Spaces

  • 2,845 Sq Ft Home
  • Entrance Foyer
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Balcony
  • Garden
  • Central Air

Community Details

Overview

  • 72 Units
  • Upper East Side Subdivision
  • 32-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,756

Year Built

Built in 2000

Lot Details

0

HOA Fees

$5,161 per month

Listing Details

  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 28
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 32

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Living Area: 2845.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City, Park/Greenbelt, River
  • View: Yes
  • Exterior Features: Building Garden, Balcony, Building Roof Deck, Garden
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5161.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 17304.0
  • Lot Size Dimensions: 120.0 x 204.33

Building Info

  • New Construction: No
  • Units: 72
  • Total Stories: 32
  • Year Built: 2000

Tax Info

  • Tax Block: 0
  • Tax Annual: 57756.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Phillips Candace R
Bought by
Jgk Holdings Llc
Current Estimated Value
$5,344,586

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jul 6, 2022
Sold by
Tearmann Llc
Bought by
Jgk Holdings Llc
Seller's Agent
Leslie Modell
Sothebys International Realty
List Price
$6,495,000
Sold Price
$6,000,000
Premium/Discount to List
-$495,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.85%
Original Mortgage
$3,900,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2017
Sold by
Anderman Drew and Mandelbaum Danielle
Bought by
Tearmann Llc

Purchase Details

Closed on
Jan 23, 2001
Sold by
Rfd Third Avenue I Associates Llc
Bought by
Famous Five Empire 281 Llc
Source: Public Records

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Range of Values:

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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
Jgk Holdings Llc $20,000 --
Jgk Holdings Llc $6,000,000 --
Tearmann Llc $5,950,000 --
Famous Five Empire 281 Llc $3,941,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jgk Holdings Llc $3,900,000
Previous Owner Tearmann Llc $2,999,999
Previous Owner Anderman Drew $7,000
Previous Owner Anderman Drew $13,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $6,000,000 -7.6% $2,109 / Sq Ft
01/20/2022 01/20/22 For Sale $6,495,000 -- $2,283 / 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
2024 $67,427 $539,333 $88,447 $450,886
2023 $64,097 $522,516 $88,447 $434,069
2022 $62,249 $549,010 $88,447 $460,563
2021 $57,903 $472,023 $88,447 $383,576
2020 $61,100 $522,586 $88,447 $434,139
2019 $58,889 $510,840 $88,447 $422,393
2018 $56,580 $489,463 $88,447 $401,016
2017 $54,801 $489,632 $88,447 $401,185
2016 $53,754 $463,009 $88,447 $374,562
2015 $22,199 $400,571 $88,447 $312,124
2014 $22,199 $381,588 $88,447 $293,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10781695

Real Estate Board of New York (REBNY)

APN: 1412-1167