NOT LISTED FOR SALE

Estimated Value: $5,239,000 - $7,395,000

3 Beds
4 Baths
3,310 Sq Ft
$6,255/mo HOA Fee

Last Sold July 08, 2017

Last sale price $12,900,000 $3,897 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $48,040/month

90 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to 23 Street (N,R Line)
  • 3-minute walk to Madison Square Park
  • Sixth Avenue Elementary School Rated A

About This Home

As of July 2017

Residence 52-A is a full-floor condo unit with spectacular 360 degree skyline views. This 3-bedroom, 3.5-bath home offers an exceptional approx. 3,310-square-foot of living space in one of the most desired neighborhoods in Manhattan. One Madison is an iconic residential tower composed of 53 residences with soaring floor-to-ceiling glass windows exposing breathtaking panoramic New York City skyline and water views and considered by most, as one of the top buildings in Manhattan. The building is perfectly situated at the center of New York City's most dynamic neighborhoods-Flatiron, Gramercy, NoMad and Chelsea. This absolute dream home offers luxurious and top of the line finishes throughout. The north-west corner features an open-chef's kitchen designed with Calcutta Marble, along with custom cabinetry and top of the line appliances. The master suite is situated in the North East corner complete with a personal study area, two walk-in-closets, a master bathroom with a large deep soaking tub, double marble vanity and free-standing shower. Additionally, there are two bedrooms that are nothing short of magnificent and spacious each personally and architecturally designed. An elegant lounge, parlor and screening room offer space for relaxation or entertaining, featuring beautiful views of Madison Square Park through floor-to-ceiling windows, and private parties in the dining room are facilitated with ease from the catering kitchen and enhanced with butler service. An additional floor offers a 50-foot indoor pool with bold marble-clad walls, state-of-the-art fitness center, yoga room, a sculptural glass-enclosed steam room, and children's playroom. One Club also offers 24-hour service including on-site expert concierge and butler staff, to support everyday needs as well as access to the most desirable entertainment destinations, coveted restaurants and lifestyle experiences in New York City and worldwide. The owner is willing to accept currency in US dollar, British Pound Sterling or Singapore Dollars.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,264

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $6,255 Monthly HOA Fees

Home Design

  • 3,310 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

  • 73 Units
  • One Madison Park Condos
  • Flatiron Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,264

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$6,255 per month

Listing Details

  • Cross Street: Broadway & Park Avenue
  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 3310.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 6255.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: ONE MADISON PARK
  • Units: 73
  • Year Built: 2008

Tax Info

  • Tax Block: NA
  • Tax Annual: 24264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Nyc Bound Llc
Bought by
Lcm52 Llc
Total Days on Market
90
Current Estimated Value
$6,577,904

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jun 30, 2017
Sold by
Idzik Paul T and Idzik Ruth V
Bought by
Nyc Bound Llc
List Price
$14,750,000
Sold Price
$12,900,000
Premium/Discount to List
-$1,850,000
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%
Original Mortgage
$6,450,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2014
Sold by
Madison R/A Sub Llc
Bought by
Idzik Paul

Purchase Details

Closed on
Apr 4, 2013
Sold by
Mad52 Llc
Bought by
Madison R/A Sub Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Fkf Madison Group Owner Llc
Bought by
Mad52 Llc
Source: Public Records

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Range of Values:

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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
Lcm52 Llc $12,500,000 --
Nyc Bound Llc $12,900,000 --
Idzik Paul $14,250,000 --
Madison R/A Sub Llc $350,000 --
Mad52 Llc $5,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nyc Bound Llc $6,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2017 07/08/17 Sold $12,900,000 -12.5% $3,897 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $14,750,000 -- $4,456 / 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
2024 $82,511 $659,981 $48,642 $611,339
2023 $79,388 $647,166 $48,642 $598,524
2022 $78,602 $642,434 $48,642 $593,792
2021 $74,565 $607,852 $48,642 $559,210
2020 $77,958 $672,967 $48,642 $624,325
2019 $61,177 $657,837 $48,642 $609,195
2018 $58,334 $634,853 $48,642 $586,211
2017 $38,556 $593,536 $48,642 $544,894
2016 $36,333 $565,885 $48,642 $517,243
2015 $10,115 $508,496 $48,642 $459,854
2014 $10,115 $492,609 $48,642 $443,967
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10103286

Real Estate Board of New York (REBNY)

APN: 0851-1966