NOT LISTED FOR SALE

212 5th Ave Unit 18B New York, NY 10010

NoMad Neighborhood

Estimated Value: $5,133,000 - $7,657,000

3 Beds
3.5 Baths
3,078 Sq Ft
$3,854/mo HOA Fee

Last Sold April 02, 2018

Last sale price $9,450,000 $3,070 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $42,110/month

Highlights

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

About This Home

As of April 2018

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 historic Flatiron views from oversized windows, this high floor 3-bedroom, 3.5 bath residence sits on the axis of Broadway and offers three exposures that 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. The result is a celebration of space and light. The bedroom suites are kept intentionally separate for privacy in a classic configuration.

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, a steam shower 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 and staff quarters are available for purchase. www.212fifthavenue.com.

Last Agent to Sell the Property

Bradley Ingalls

Sothebys International Realty License #30IN0781441 Listed on: 02/09/2018

Sothebys International Realty

Co-Listed By

Mara Flash Blum

Sothebys International Realty License #30BL0760099

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,460

Year Built

  • Built in 1912 | Newly Remodeled

Lot Details

  • 8,189

HOA Fees

  • $3,854 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • 3,078 Sq Ft Home
  • Entry on the 18th floor

Bedrooms and Bathrooms

  • 3 Bedrooms

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

$32,460

Year Built

Built in 1912 | Newly Remodeled

Lot Details

0

HOA Fees

$3,854 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 18
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 24

Interior Features

  • Living Area: 3078.0
  • 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, River
  • 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: 3854.0
  • 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: Yes
  • Units: 48
  • Total Stories: 24
  • Year Built: 1912

Tax Info

  • Tax Block: 00827
  • Tax Annual: 32460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 2, 2018
Sold by
212 Fifth Avenue Venture Llc
Bought by
Canter Robin and Susman Sally
Seller's Agent
Bradley Ingalls
Sothebys International Realty
List Price
$9,950,000
Sold Price
$9,450,000
Premium/Discount to List
-$500,000
-5.03%
Current Estimated Value
$6,252,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,197,255
Avg. Annual Appreciation
-5.32%
Original Mortgage
$6,000,000
Outstanding Balance
$5,155,096
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,097,649
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
Canter Robin $9,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canter Robin $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2023 01/29/23 Off Market $9,450,000 -- --
04/02/2018 04/02/18 Sold $9,450,000 -5.0% $3,070 / Sq Ft
02/09/2018 02/09/18 For Sale $9,950,000 -- $3,233 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
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 $62,447 $498,374 $57,059 $441,315
2024 $62,447 $499,498 $57,059 $442,439
2023 $61,109 $498,156 $57,059 $441,097
2022 $59,651 $488,786 $57,059 $431,727
2021 $58,216 $474,578 $57,059 $417,519
2020 $59,443 $525,651 $57,059 $468,592
2019 $56,269 $513,836 $57,059 $456,777
2018 $31,485 $344,074 $57,059 $287,015
2017 $27,199 $325,706 $57,060 $268,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10904118

Real Estate Board of New York (REBNY)

APN: 0827-1042