NOT LISTED FOR SALE

Estimated Value: $3,763,101 - $5,366,000

3 Beds
2 Baths
2,168 Sq Ft
1900 Built

Sale Details

Date Sold: May 29, 2013

Current estimated payment $29,597 / mo

Highlights

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

About This Home

As of May 2013

Amazing South facing park views from this rarely available 3 bedroom home in the highly coveted L line at the Grand Madison. Own one of the best views in Manhattan, a real collectors item with majestic Southern views of Madison Square Park and the historic Flatiron Building. The Grand Madison, one of downtown's top buildings is s a newly converted turn of the century full service prewar condo building on Fifth Avenue. This stunning 3 bed/2.5 bath home is sunsplashed with 10ft ceilings. The well laid out floor plan features a graceful entry gallery that leads to an open, light-filled living/dining room with a wall of windows facing the park. The open chef's kitchen has been outfitted with Poggenpohl cabinetry, blue stone countertops and Viking and Bosch appliances. The master suite is truly luxurious with fantastic closet space and a huge marble ensuite bath with two sinks, a soaking tub and separate shower. This extraordinary home highlights the elegance of prewar living while having all the modern comforts; extra wide hallways, hardwood floors, central heat and air, a washer/dryer and an enormous storage room right down the hall for everything you have never been able to fit in an apartment before.
The Grand Madison is a full service building with a full time doorman, concierge, in house dry cleaning, maid service, and a gym. All located on Fifth Avenue and Madison Square Park with Eataly, The Shake Shack, Au Voce and Nomad right at your fingertips.

Last Agent to Sell the Property

Holly Parker

Compass License #30PA0869832 Listed on: 05/29/2013

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,632

Year Built

  • Built in 1900

HOA Fees

  • $2,347 Monthly HOA Fees

Home Design

  • 2,168 Sq Ft Home
  • Pre War Building
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Washer and Dryer Hookup

Community Details

  • Nomad Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 856

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,632

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

HOA Fees

$2,347 per month

Listing Details

  • Cross Street: East 26th & 27th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NOMAD
  • Architectural Style: Prewar
  • Entry Level: 10
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Living Area: 2168.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2347.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 13
  • Year Built: 1900

Tax Info

  • Tax Block: 856
  • Tax Annual: 28632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
May 22, 2013
Sold by
Bing Trustee Hetty L and The Hetty L Bing Trust Dated May 27 20
Bought by
Graves Michael and Graves Suzanne
Seller's Agent
Holly Parker
Compass
Current Estimated Value
$4,430,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,388,786
Outstanding Balance
$2,389,853
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,040,672

Purchase Details

Closed on
Oct 28, 2008
Sold by
Bing Arthur G H
Bought by
Bing Trustee Hetty L and The Hetty L Bing Trust Dated May 27 20

Purchase Details

Closed on
Dec 14, 2006
Sold by
225 5Th Llc
Bought by
Bing Arthur G H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Graves Michael $4,841,124 --
Graves Michael $4,841,124 --
Bing Trustee Hetty L -- --
Bing Trustee Hetty L -- --
Bing Arthur G H $3,332,500 --
Bing Arthur G H $3,332,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Michael $3,388,786
Closed Graves Michael $3,388,786
Previous Owner Bing Arthur G H $2,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold -- -- --
Source: Real Estate Board of New York (REBNY)

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 $44,841 $357,885 $153,600 $204,285
2024 $44,841 $358,670 $153,600 $205,070
2023 $36,073 $356,444 $153,600 $202,844
2022 $35,551 $355,744 $153,600 $202,144
2021 $41,410 $337,576 $153,600 $183,976
2020 $35,096 $373,899 $153,600 $220,299
2019 $34,380 $365,495 $153,600 $211,895
2018 $40,150 $352,725 $153,600 $199,125
2017 $38,770 $340,452 $153,600 $186,852
2016 $38,059 $310,596 $153,600 $156,996
2015 $14,590 $309,393 $153,600 $155,793
2014 $14,590 $265,207 $153,600 $111,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10030248

Real Estate Board of New York (REBNY)

APN: 0856-1249

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