NOT LISTED FOR SALE

Estimated Value: $2,033,000 - $3,647,564

5 Beds
4.5 Baths
3,602 Sq Ft
$3,284/mo HOA Fee

Last Sold January 12, 2018

Last sale price $4,925,000 $1,367 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $20,862/month

73 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 3 Avenue
  • Building Terrace
  • P.S. 110 Florence Nightingale Rated A-
  • Terrace
  • 2-minute walk to Stuyvesant Square

About This Home

As of January 2018

Residence 5A at The Abbey Condominium, located at 205 East 16th Street between Third Avenue and Rutherford Place, is a distinctive, exceptional offering in a striking, historic landmark. Constructed in 1888, the Romanesque Revival-style building originally functioned as a parish house for St. George's Church next door. While the historical character and integrity of the building is maintained throughout, the home has been thoroughly modernized and updated through a thoughtful, meticulous renovation. A proper foyer and adjacent extra-large mud room/walk-in coat closet set the tone for the size and scope of this spacious home. An expansive great room, with dramatic ceiling heights of 11'9”, sits at the center of the residence and is the ideal entertaining space. This spectacular dining/living area features the original coffered ceilings and stained glass windows, highlighting bright, southern exposures. Tucked to the side, the open, eat-in kitchen boasts custom oak cabinetry, a mosaic tile backsplash, hammered stone countertops, terra cotta tiled floors, stainless steel appliances and a Shaws original farmhouse sink. A roomy walk-in pantry offers additional kitchen storage space. The entrance to the grand master suite opens to a spacious, windowed home office with large built-in desk. Stairs lead down to the private, airy master bedroom with soaring 10'9” ceilings and a lovely, sunny solarium and terrace. The master bathroom, clad in elaborate mosaic tile, showcases original, exposed brownstone columns. The main level features three additional bedrooms, one of which is located off the living room and could also function as a den. The oversized, corner bedroom offers both southern and eastern exposures over St. George's Church, and has a deep closet and en-suite bathroom. Also on this floor is a suburban-sized laundry room/service entrance, which includes two full-sized washers and dryers, and ample shelving and hanging space. On the upper level, the fifth bedroom is a secluded retreat, with more breathtaking stained glass windows (and views), a walk-in closet and an en-suite marble bathroom. All of the unique 4.5 bathrooms are appointed with high-end fixtures and TOTO Washlet toilets. Antique stained glass and exquisite vintage light fixtures are found throughout this extraordinary home. Other features include oak hardwood flooring and central HVAC throughout. The Abbey is situated on a quiet, tree-lined block with no through traffic, in the charming Stuyvesant Square Historic District. The full-service condo's staff consists of a 24/7 doorman, porter and live-in super. The building is just a half block from the historic four-acre Stuyvesant Square Park, which boasts magnificent old trees and plantings, a dog park, beautiful fountains, bluestone sidewalks and the original cast iron fence from 1847. The Abbey is also in close proximity to both Gramercy Park and Union Square, thereby providing several top-rated dining, shopping and entertainment options and is extremely accessible to several subway and bus lines.

Last Agent to Sell the Property

Henry Hershkowitz

Compass License #10301211458 Listed on: 09/12/2017

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52,884

Year Built

  • Built in 1888

HOA Fees

  • $3,284 Monthly HOA Fees

Home Design

  • 3,602 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

Overview

  • 32 Units
  • Gramercy Subdivision
  • 6-Story Property

Amenities

  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$52,884

Year Built

Built in 1888

Lot Details

0

HOA Fees

$3,284 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 3602.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3284.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 8878.0
  • Lot Size Dimensions: 86.5 x 115.0

Building Info

  • New Construction: No
  • Units: 32
  • Total Stories: 6
  • Year Built: 1888

Tax Info

  • Tax Block: 0
  • Tax Annual: 52884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Jan 12, 2018
Sold by
Rubin Laurel
Bought by
Anderson-Song Beth
Seller's Agent
Henry Hershkowitz
Compass
List Price
$5,250,000
Sold Price
$4,925,000
Premium/Discount to List
-$325,000
-6.19%
Current Estimated Value
$2,794,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,130,109
Avg. Annual Appreciation
-6.75%
Original Mortgage
$2,462,500
Outstanding Balance
$2,078,058
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$716,833

Purchase Details

Closed on
Oct 13, 2010
Sold by
Rutherford Place Llc
Bought by
Rubin Laurel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Anderson-Song Beth $4,925,000 --
Rubin Laurel $5,283,183 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson-Song Beth $2,462,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $4,925,000 -- --
01/12/2018 01/12/18 Sold $4,925,000 -6.2% $1,367 / Sq Ft
11/24/2017 11/24/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $5,250,000 -- $1,458 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $36,780 $299,107 $30,128 $268,979
2024 $36,780 $294,190 $30,128 $264,062
2023 $35,008 $290,509 $30,128 $260,381
2022 $37,106 $322,297 $30,128 $292,169
2021 $36,807 $309,601 $30,128 $279,473
2020 $38,393 $342,923 $30,128 $312,795
2019 $37,630 $335,220 $30,128 $305,092
2018 $35,395 $323,518 $30,129 $293,389
2017 $32,960 $302,245 $30,128 $272,117
2016 $31,264 $296,664 $30,129 $266,535
2015 $18,342 $266,354 $30,128 $236,226
2014 $18,342 $234,788 $30,128 $204,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10578250

Real Estate Board of New York (REBNY)

APN: 0897-1026

Your Personal Tour Guide

Ask me questions while you tour the home.