NOT LISTED FOR SALE

212 5th Ave Unit 10A New York, NY 10010

NoMad Neighborhood

Estimated Value: $5,016,000 - $8,598,000

3 Beds
3.5 Baths
3,008 Sq Ft
$4,240/mo HOA Fee

Last Sold February 04, 2020

Last sale price $9,975,000 $3,316 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $45,976/month

234 Days on Market

Highlights

  • City View
  • 2-minute walk to 28 Street (N,R Line)
  • Pre War Building
  • P.S. 11 Sarah J. Garnet School Rated A
  • 8,180 Sq Ft lot
  • 2-minute walk to Madison Square Park

About This Home

As of February 2020

SPONSOR SALE. PARK VIEW. Ready for immediate occupancy, 212 Fifth Avenue is touted as "the city's most powerful address" and the finest boutique luxury condominium on Madison Square Park. Framed with spectacular views of Madison Square Park from oversized windows, this 3-bedroom, 3.5 bath residence harmonizes contemporary living with classic prewar design. The creation of Pembrooke & Ives and architect David Helpern, the residence offers a carefully crafted floorplan, high ceilings and numerous gallery walls.

The foyer – complete with coffered ceilings and bookmatched slabs of marble -- is the classic focal point from which every room radiates. The kitchen, dining and living spaces take on a loft-like, open floor plan and provide a stunning vista of Madison Square Park and its surrounding historic buildings. The result is a celebration of space and light. The bedroom suites are kept intentionally separate for privacy in a classic configuration and feature upgraded custom closets.

Only the finest quality materials coupled with the best craftsmanship were chosen for 212 Fifth Avenue, including 4-inch thick Calacatta marble countertops, milled wood cabinets and top-of-the-line Gaggenau appliances in the kitchen. The master bathroom features radiant-heated Thassos stone floors, fluted Carrara marble walls, solid surface Lacava tub and Waterworks fixtures. Solid hardwood floors are in an oversized version of the stylish Chevron pattern throughout. A Savant home automation system is ready for expansion and controls multiple HVAC system zones, window shades and lobby-connected security.

Come home to best-in-class services and amenities, including 24-hour doorman, concierge, premier building manager, valet parking, Jay Wright-designed fitness center with adjoining yoga studio and private treatment room, golf simulator, screening room, boardroom, game room, children's playroom, lounge and cold storage for fresh food deliveries. Storage rooms are available for purchase. www.212fifthavenue.com.

Last Agent to Sell the Property

Bradley Ingalls

Sothebys International Realty License #30IN0781441 Listed on: 04/11/2019

Sothebys International Realty

Co-Listed By

Mara Flash Blum

Sothebys International Realty License #30BL0760099

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,944

Year Built

  • Built in 1912

Lot Details

  • 8,189

HOA Fees

  • $4,240 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 10th floor

Interior Spaces

  • 3,008 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00827

Community Details

Overview

  • 48 Units
  • Nomad Subdivision
  • 24-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$61,944

Year Built

Built in 1912

Lot Details

0

HOA Fees

$4,240 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 24

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 3008.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

  • View: City, Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4240.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 8180.0
  • Lot Size Dimensions: 56.42 x 155.58

Building Info

  • New Construction: No
  • Units: 48
  • Total Stories: 24
  • Year Built: 1912

Tax Info

  • Tax Block: 00827
  • Tax Annual: 61944.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
Feb 4, 2020
Sold by
212 Fifth Avenue Venture Llc
Bought by
Madisonpark Dec 2019 Llc
Seller's Agent
Bradley Ingalls
Sothebys International Realty
List Price
$11,600,000
Sold Price
$9,975,000
Premium/Discount to List
-$1,625,000
-14.01%
Current Estimated Value
$6,816,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,158,412
Avg. Annual Appreciation
-6.45%

Purchase Details

Closed on
May 1, 2019
Sold by
Oram Kevin and Pappas Iliana
Bought by
212 Fifth Avenue Venture Llc

Purchase Details

Closed on
Apr 27, 2017
Sold by
212 Fifth Avenue Venture Llc
Bought by
Oram Kevin and Pappas Iliana

Purchase Details

Closed on
Jan 20, 2015
Sold by
212 Fifth Avenue Holder Llc
Bought by
212 Fifth Avenue Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,134,416
Interest Rate
3.96%
Mortgage Type
Commercial
Source: Public Records

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
Madisonpark Dec 2019 Llc $9,975,000 --
212 Fifth Avenue Venture Llc $11,400,000 --
Oram Kevin $11,300,000 --
212 Fifth Avenue Venture Llc $260,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 212 Fifth Avenue Venture Llc $71,134,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2020 02/04/20 Sold $9,975,000 -14.0% $3,316 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $11,600,000 +5.6% $3,856 / Sq Ft
03/15/2018 03/15/18 Sold $10,980,775 -4.5% $3,651 / Sq Ft View Prior Sale
02/13/2018 02/13/18 Pending -- -- --
03/21/2017 03/21/17 For Sale $11,500,000 -- $3,823 / 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
2025 $68,426 $546,087 $62,521 $483,566
2024 $68,426 $547,318 $62,521 $484,797
2023 $66,959 $545,848 $62,521 $483,327
2022 $65,528 $535,581 $62,521 $473,060
2021 $63,790 $520,012 $62,521 $457,491
2020 $65,817 $575,976 $62,521 $513,455
2019 $61,947 $563,030 $62,521 $500,509
2018 $34,499 $377,015 $62,521 $314,494
2017 $29,803 $356,888 $62,521 $294,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10903942

Real Estate Board of New York (REBNY)

APN: 0827-1023