NOT LISTED FOR SALE

22-24 W 38th St New York, NY 10018

Garment District Neighborhood

Estimated Value: $62,619,512

-- Bed
-- Bath
60,000 Sq Ft
$1,044/Sq Ft Est. Value

About This Home

This home is located at 22-24 W 38th St, New York, NY 10018 and is currently estimated at $62,619,512, approximately $1,043 per square foot. 22-24 W 38th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2019
Sold by
De 38Th Street Owners Llc As To 6 T and % : Dalan Management
Bought by
M & M 38Th Street De Llc
Current Estimated Value
$62,619,512

Purchase Details

Closed on
Feb 9, 2018
Sold by
38Th Street Owners Llc and Allerton Ave Associates Llc
Bought by
De 38Th Street Owners Llc and De Allerton Ave Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,750,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2015
Sold by
22 West 38Th Street Associates Llc
Bought by
38Th Street Owners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,250,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2014
Sold by
Alvin Jacobson Realty Corp
Bought by
22 West 38Th Street Associates Llc

Purchase Details

Closed on
Jan 27, 2009
Sold by
Alvin Jacobson Realty Corporation
Bought by
Alvin Jacobson Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
M & M 38Th Street De Llc $60,500,000 --
De 38Th Street Owners Llc -- --
38Th Street Owners Llc $43,500,000 --
22 West 38Th Street Associates Llc $36,350,000 --
Alvin Jacobson Realty Corp -- --
Alvin Jacobson Realty Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner De 38Th Street Owners Llc $4,750,000
Previous Owner 38Th Street Owners Llc $17,250,000
Previous Owner Alvin Jacobson Realty Corp $1,000,000
Source: Public Records

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 $572,371 $5,505,230 $1,647,000 $3,858,230
2024 $572,371 $5,403,800 $1,647,000 $3,756,800
2023 $550,856 $5,174,300 $1,647,000 $3,527,300
2022 $544,569 $6,229,350 $1,647,000 $4,582,350
2021 $406,784 $3,803,850 $1,647,000 $2,156,850
2020 $492,932 $5,589,000 $1,647,000 $3,942,000
2019 $457,801 $4,861,350 $1,647,000 $3,214,350
2017 $387,863 $4,125,150 $1,647,000 $2,478,150
2016 $360,384 $3,981,600 $1,647,000 $2,334,600
2015 $138,126 $3,969,450 $1,647,000 $2,322,450
2014 $138,126 $3,303,450 $1,647,000 $1,656,450
Source: Public Records

Map

New York New York County New York 10018 Garment District

22-24 W 38th St, New York, NY

This home is located at 22-24 W 38th St, New York, NY 10018 and is currently estimated at $62,619,512, approximately $1,043 per square foot. 22-24 W 38th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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