NOT LISTED FOR SALE

Estimated Value: $4,419,000 - $6,619,000

4 Beds
4 Baths
4,800 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $7,025,000 $1,464 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $39,063/month

99 Days on Market

Highlights

  • Garden
  • 2-minute walk to Lexington Avenue-59 Street
  • 2-minute walk to Tramway Plaza
  • East Side Elementary School, P.S. 267 Rated A

About This Home

As of February 2017

220 East 61st Street is a 20'-wide, 4-story house with 10 rooms, 4 bedrooms, 4,800 interior square feet and a sunny south-facing garden. Built in 1871 in the late Anglo-Italianate style this elegant brownstone is in the heart of the charming Treadwell Farm Historic District. The property retains many original details and the classic single family layout. With 4,000 square feet of air rights intact, it is ready for restoration and renovation.

Last Agent to Sell the Property

George Vanderploeg

Douglas Elliman Real Estate License #30VA0599615 Listed on: 06/11/2016

Douglas Elliman Real Estate

Co-Listed By

Michael Kotler

Douglas Elliman Real Estate License #10301201927

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $79,549

Lot Details

  • Garden

Interior Spaces

  • 4,800 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units
  • Upeast Subdivision

Listing and Financial Details

  • Tax Block 1415

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$79,549

Lot Details

0

Listing Details

  • Cross Street: Third Ave
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: UPEAST
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 4

Interior Features

  • Living Area: 4800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Garden

Condo/Co-op/Association

  • Common Interest: Condop

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2016
Closed on
Feb 24, 2017
Sold by
Mccaffrey Seligman & Von Simson Inc
Bought by
Burri Rao-Kathi Prasanth and Komer Milu E
Seller's Agent
George Vanderploeg
Douglas Elliman Real Estate
List Price
$7,500,000
Sold Price
$7,025,000
Premium/Discount to List
-$475,000
-6.33%
Current Estimated Value
$5,952,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,072,398
Avg. Annual Appreciation
-2.18%
Original Mortgage
$5,700,000
Outstanding Balance
$4,738,953
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,087,476
Source: Public Records

Range of Values:

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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
Burri Rao-Kathi Prasanth $7,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burri Rao-Kathi Prasanth $5,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $7,025,000 -6.3% $1,464 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $7,500,000 -- $1,563 / 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 $79,549 $412,080 $227,211 $184,869
2024 $79,549 $396,060 $223,020 $162,220
2023 $84,338 $415,275 $195,464 $219,811
2022 $78,883 $410,280 $223,020 $187,260
2021 $78,452 $410,520 $223,020 $187,500
2020 $74,441 $442,860 $223,020 $219,840
2019 $69,404 $432,360 $223,020 $209,340
2018 $67,633 $331,776 $141,569 $190,207
2017 $67,126 $329,289 $159,912 $169,377
2016 $62,102 $310,652 $150,822 $159,830
2015 $24,978 $293,068 $159,511 $133,557
2014 $24,978 $276,480 $164,557 $111,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10473682

Real Estate Board of New York (REBNY)

APN: 1415-0039