NOT LISTED FOR SALE

Estimated Value: $3,053,092 - $4,393,000

3 Beds
3 Baths
2,023 Sq Ft
$2,667/mo HOA Fee

Last Sold May 02, 2018

Last sale price $4,450,000 $2,200 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $26,707/month

67 Days on Market

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-
  • Terrace

About This Home

As of May 2018

Upon entering this quintessential three-bedroom, three-bathroom Duplex Penthouse, you are swept away by the soaring 11ft ceilings and oversized south-facing windows, inviting plenty of light throughout the home. The beautifully appointed chef's kitchen is perfect for entertaining and fully equipped with a Viking oven and stove, Viking Refrigerator, Bosch dishwasher, InSinKerator garbage disposal, Poppenpohl cabinetry and custom led lighting. Wide plank oak floors lead you to the expansive master suite accompanied by a large custom built out walk in closet and dressing area leading to an en-suite marble bath with a double vanity, soaking tub and shower. Also on this level, a second bedroom offers ample closet space with a posh bathroom alongside.

Follow the beautiful stairwell to the upper level with a sundrenched family room and bedroom, overlooking a 252ft terrace that is accessible from both living and bedroom areas and is large enough to enjoying lounging and dining. Views of the Empire State Building and the Flatiron Building are just some of the many iconic buildings to savor from your terrace. This Penthouse is equipped with every luxury in a turn of the century building. Complete with an abundance of close space,centralized heating and cooling systems, custom lighting, and electronic shades in every room as well as a Crestron home system for controlling all systems.



The Grand Madison prides itself on providing the highest level of service. The luxurious amenities include a fitness room, 24-hour doorman, concierge, in-house dry cleaner and tailor, daily housekeeping service, full-time superintendent, and two handymen. Downtown's hottest neighborhood is right outside your door. Opportunities for fine dining abound, with Eataly, the Edition Hotel's Clocktower, Eleven Madison Park, and the original Shake Shack across the street, and The Nomad Hotel's restaurants, the Ace Hotel's Breslin and John Dory Oyster Bar, ABC Kitchen, Upland, and Gramercy Tavern all within blocks. Pet-friendly and convenient to subways, Grand Central, and Penn Station, the Grand Madison is truly a magnificent place to live and enjoy the best of what this city has to offer.

Last Agent to Sell the Property

Holly Parker

Compass License #30PA0869832 Listed on: 01/23/2018

Compass

Co-Listed By

Jamie Gagliano

Douglas Elliman Real Estate License #10401257389

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,572

Year Built

  • Built in 1900

HOA Fees

  • $2,667 Monthly HOA Fees

Home Design

  • 2,023 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Community Details

  • Nomad Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 856

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,572

Year Built

Built in 1900

Lot Details

0

HOA Fees

$2,667 per month

Listing Details

  • Cross Street: East 26th & 27th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NOMAD
  • Architectural Style: Prewar
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2023.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2667.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 856
  • Tax Annual: 28572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 27, 2018
Sold by
Furniss Daniel and Vigano Ilaria
Bought by
Culas Rahul and Deng Dongyu Jena
Seller's Agent
Holly Parker
Compass
List Price
$4,500,000
Sold Price
$4,450,000
Premium/Discount to List
-$50,000
-1.11%
Current Estimated Value
$3,807,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$642,477
Avg. Annual Appreciation
-2.11%
Original Mortgage
$3,000,000
Outstanding Balance
$2,596,471
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,211,052

Purchase Details

Closed on
Nov 15, 2007
Sold by
225 5Th Llc
Bought by
Furniss Daniel E and Vigano Ilaria

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
6.48%
Mortgage Type
Purchase Money Mortgage
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
Culas Rahul $4,450,000 --
Furniss Daniel E $2,850,000 --
Furniss Daniel E $2,850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culas Rahul $3,000,000
Previous Owner Furniss Daniel E $370,000
Previous Owner Furniss Daniel E $1,000,000
Previous Owner Furniss Daniel E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $4,450,000 -1.1% $2,200 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $4,500,000 -- $2,224 / 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 $39,523 $315,439 $135,379 $180,060
2024 $39,523 $316,131 $135,379 $180,752
2023 $31,795 $314,168 $135,379 $178,789
2022 $31,335 $313,552 $135,379 $178,173
2021 $36,499 $297,539 $135,379 $162,160
2020 $30,933 $329,555 $135,379 $194,176
2019 $30,302 $322,146 $135,379 $186,767
2017 $34,172 $300,074 $135,379 $164,695
2016 $33,545 $273,758 $135,379 $138,379
2015 $12,845 $272,698 $135,379 $137,319
2014 $12,845 $233,759 $135,379 $98,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10468867

Real Estate Board of New York (REBNY)

APN: 0856-1292