NOT LISTED FOR SALE

21 E 26th St Unit 3 New York, NY 10010

NoMad Neighborhood

Estimated Value: $2,583,000 - $11,476,304

5 Beds
6.5 Baths
4,967 Sq Ft
$7,248/mo HOA Fee

Last Sold June 22, 2023

Last sale price $10,625,000 $2,139 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $53,834/month

255 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to 28 Street (4,6 Line)
  • 2-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • Pre War Building

About This Home

As of June 2023

At nearly 5,000 sq feet, this stunning 4-bedroom, 5.5-bathroom loft is complete with soaring 12'4" foot ceilings, and offers direct, picture-perfect views of Madison Square Park. This full floor residence is in the luxury, prewar boutique condominium known as The Whitman.

Accessed by a private elevator landing, this stunning home features wide plank rift oak floors, a Crestron smart home system, key-locked elevator access, a side-by-side washer/dryer with linen closet, and dramatic large windows with northern, southern, and western exposures.

The loft features high-end decor designed for both everyday living and grand entertaining. Upon entering the apartment through an elegant foyer and gallery, one encounters a dramatic long hallway spanning 100 feet, to then arrive to an open concept living room, dining room, and kitchen. The living room is adorned with three large windows with tree lined views of the famed park and is sun-drenched with natural light. The kitchen is outfitted with exquisite finishes, a large eat-island, custom Arclinea cabinets, modern countertops, and the best of the best Miele and Sub-Zero appliances throughout. Adjacent to the kitchen is a warm media room that with a private office and an attached full bathroom.

On the opposite side of the apartment is a gracious, grand primary suite. The suite includes two vast closets, and a large ensuite bathroom, which features a two-person walk-in shower, deep soaking tub, and two separate powder rooms with private vanities and enclosed toilets. The other three bedrooms are outfitted with generous closet space and full ensuite bathrooms, decadently finished in Italian marble. This stately home is also complete with a spacious laundry room with two double-stacked washer dryers and an interior office with an ensuite bathroom that is currently being utilized as a gym.

Built in 1924, The Whitman is a boutique condominium nestled directly across the street from Madison Square Park. The building features a full-time doorman, gym, and private storage. Located in one of Manhattan's most vibrant neighborhoods, NoMad, The Whitman is surrounded by trendy restaurants, bars, cafes, and shops, and is just steps from The Flatiron District and Chelsea. Amenities include a full-time doorman, a private gym, a refrigerated package room, and large, basement-level storage.

Co-exclusive with Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,040

Year Built

  • Built in 1924 | Newly Remodeled

HOA Fees

  • $7,248 Monthly HOA Fees

Home Design

  • 4,967 Sq Ft Home
  • Pre War Building

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • 4 Units
  • The Whitman Condos
  • Downtown Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 00856

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,040

Year Built

Built in 1924 | Newly Remodeled

Lot Details

0

HOA Fees

$7,248 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dishwasher
  • Living Area: 4967.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bathrooms Integer: 7
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7248.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE WHITMAN
  • Units: 4
  • Total Stories: 5
  • Year Built: 1924

Tax Info

  • Tax Block: 00856
  • Tax Annual: 65040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jun 22, 2023
Sold by
Deon Silvetz Wilda and Silvetz John
Bought by
Whitmanunit3 Llc
List Price
$13,750,000
Sold Price
$10,625,000
Premium/Discount to List
-$3,125,000
-22.73%
Total Days on Market
255
Views
16
Current Estimated Value
$7,125,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,499,232
Avg. Annual Appreciation
-11.45%
Original Mortgage
$6,000,000
Outstanding Balance
$5,889,518
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,575,122

Purchase Details

Listed on
Feb 12, 2013
Closed on
Jul 29, 2013
Sold by
Madison Park Real Estate Company Llc
Bought by
Silvetz John and Silvetz Wilda Deon
Sold Price
$10,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$6,500,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Whitmanunit3 Llc $10,625,000 --
Silvetz John $10,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitmanunit3 Llc $6,000,000
Previous Owner Silvetz John $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2023 08/06/23 Off Market $10,625,000 -- --
06/22/2023 06/22/23 Sold $10,625,000 0.0% $2,139 / Sq Ft
03/13/2023 03/13/23 Rented $55,000 0.0% --
03/10/2023 03/10/23 Pending -- -- --
01/18/2023 01/18/23 For Rent $55,000 0.0% --
12/06/2022 12/06/22 Price Changed $11,995,000 -7.7% $2,415 / Sq Ft
09/23/2022 09/23/22 Price Changed $12,995,000 +0.3% $2,616 / Sq Ft
09/23/2022 09/23/22 Price Changed $12,950,000 -5.8% $2,607 / Sq Ft
06/27/2022 06/27/22 For Sale $13,750,000 +37.5% $2,768 / Sq Ft
07/29/2013 07/29/13 Sold $10,000,000 0.0% $2,013 / Sq Ft
07/24/2013 07/24/13 Off Market $10,000,000 -- --
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 $84,959 $679,562 $124,813 $619,922
2023 $83,362 $679,562 $64,206 $615,356
2022 $66,308 $1,400,922 $124,813 $1,276,109
2021 $74,795 $1,400,940 $124,813 $1,276,127
2020 $69,694 $1,597,639 $124,813 $1,472,826
2019 $65,369 $1,484,130 $124,813 $1,359,317
2018 $66,487 $522,740 $37,585 $485,155
2017 $64,427 $506,539 $41,355 $465,184
2016 $60,466 $469,018 $40,493 $428,525
2015 -- $434,276 $37,494 $396,782
2014 -- $402,108 $34,716 $367,392
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10861123

Real Estate Board of New York (REBNY)

APN: 0856-1404