NOT LISTED FOR SALE

Estimated Value: $744,000 - $921,000

1 Bed
1 Bath
740 Sq Ft
2008 Built

Last Sold January 06, 2022

Last sale price $768,000 $1,038 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,162/month

Highlights

  • Balcony
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • North Facing Home
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Garage
  • 3-minute walk to Gantry Plaza State Park

About This Home

As of May 2023

With 740 interior square feet plus a large balcony, unit 2L is an excellent place to call home, located on a quiet block in the Hunters Point waterfront area of Long Island City.

Unit 2L features large floor-to-ceiling windows, beautiful strip flooring, and a high-efficiency Bosch washer and dryer. The chef's kitchen offers a large black quartz island and a full-height glass backsplash.

There is a Jenn-Air stainless steel appliance package, including a 4-burner free-standing vented gas range, an over-the-range microwave, a KitchenAid refrigerator with a large freezer drawer, and a Bosch dishwasher. The kitchen has premium cabinets with upper open cabinets and underlighting facing the living room. The bedroom comfortably accommodates a king-size bed and includes a closet with a custom shelving system. The bath offers a deep soaking tub, Kohler fixtures, and tile-clad floors and walls. The ceiling height in the main rooms is approximately 9 feet.

The Foundry Condominium was built in 2008. The building consists of 4 floors and 57 residential units. Building amenities include an expansive lobby with high ceilings, a concierge, an on-site resident manager, a package room, a large fitness center on the ground floor, bicycle storage, and an expansive common outdoor terrace on the mezzanine level. The Foundry is pet-friendly.

Location. Location. Location. You are located on a quiet street on 51st Avenue west of 5th Street. You are only 2 blocks to the NYC Ferry, 2 blocks to the number 7 train (one stop to Grand Central Terminal) and 2 blocks to the award-winning Gantry Plaza State Park, Hunters Point South Park, and the Steven Holl Architects designed Hunters Point Library. You are one block to Vernon Boulevard with all its great shops, bars, and restaurants including Casa Enrique, Cafe Henri, Domaine, Tournesol and so many others such as Trader Joe's and Target.

Last Agent to Rent the Property

Patrick Smith

Corcoran Group License #10301214708 Listed on: 05/01/2023

Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 2008

Parking

  • Garage

Interior Spaces

  • 740 Sq Ft Home
  • 4-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Balcony
  • North Facing Home

Community Details

  • 57 Units
  • Foundry At Hunters Condos
  • Hunters Point Subdivision

Listing and Financial Details

  • Property Available on 7/1/23
  • Tax Block 00443

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,815

Year Built

Built in 2008

Lot Details

0

Rental Info

  • Available Date: 2023-07-01

Listing Details

  • Cross Street: 2nd Street and 5th Street
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Hunters Point
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 740.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: FOUNDRY AT HUNTERS
  • Units: 57
  • Total Stories: 4
  • Year Built: 2008

Tax Info

  • Tax Block: 00443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jan 6, 2022
Sold by
Chen Talida and Chen Timothy
Bought by
Kim Seil and Park Jihwon
Seller's Agent
Patrick Smith
Corcoran Group
Sold Price
$3,250
Current Estimated Value
$854,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$851,018
Avg. Annual Appreciation
2.72%
Original Mortgage
$214,433
Outstanding Balance
$198,834
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$647,355

Purchase Details

Closed on
Sep 8, 2010
Sold by
Fe 51St Avenue Llc
Bought by
Chen Timothy and Urwongse Talida
Source: Public Records

Range of Values:

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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
Kim Seil $768,000 --
Chen Timothy $475,566 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seil $214,433
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2023 05/29/23 Under Contract -- -- --
05/09/2023 05/09/23 Rented $3,700 0.0% --
05/01/2023 05/01/23 For Rent $3,700 +13.8% --
01/18/2022 01/18/22 For Rent $3,250 -99.6% --
01/18/2022 01/18/22 Rented -- -- --
01/06/2022 01/06/22 Sold $768,000 -9.1% $1,038 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $845,000 0.0% $1,142 / Sq Ft
06/19/2019 06/19/19 For Rent $3,200 -- --
06/19/2019 06/19/19 Rented -- -- --
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 $5,815 $47,299 $10,933 $36,366
2024 $4,797 $46,510 $10,933 $35,577
2023 $4,704 $45,396 $10,933 $34,463
2022 $3,486 $43,125 $10,933 $32,192
2021 $2,529 $41,717 $10,933 $30,784
2020 $1,707 $48,180 $10,933 $37,247
2019 $826 $44,629 $10,933 $33,696
2018 $833 $36,388 $10,932 $25,456
2017 $833 $33,900 $10,933 $22,967
2016 $844 $33,900 $10,933 $22,967
2015 $660 $33,552 $11,703 $21,849
2014 $660 $34,495 $12,090 $22,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10857030

Real Estate Board of New York (REBNY)

APN: 00015-1021