NOT LISTED FOR SALE

Estimated Value: $5,934,000 - $7,486,000

3 Beds
3.5 Baths
2,723 Sq Ft
$5,399/mo HOA Fee

Last Sold August 19, 2024

Last sale price $7,400,000 $2,718 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $47,350/month

138 Days on Market

Highlights

  • Indoor Pool
  • 2-minute walk to 23 Street (N,R Line)
  • High Ceiling
  • Sixth Avenue Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Madison Square Park

About This Home

As of August 2024

One of the largest, private, park-facing, wrap-around terraces in all of downtown for under $9mm!!

This home truly has it all three bedrooms, three and a half bathrooms, 2,723 interior square feet, full-floor residence with a 2,431 square foot wrap-around terrace offering magical views of Madison Square Park, Empire State Building, and Met Life Clocktower. All while being located in the CetraRuddy designed One Madison- a 60-story luxury condominium situated in the core of Flatiron, the city’s most magnetic and vibrant neighborhood.

A private windowed elevator landing opens directly into your full-floor residence from your keyed elevator. As you continue through the entry gallery, you are welcomed with an open great room with floor-to-ceiling windows overlooking your private, massive landscaped four-exposure terrace, which fully captivates the homes indoor/outdoor feel.

You will not find a better home designed for entertaining. This open plan kitchen offers Louro Preto customized rosewood cabinetry, Calcutta marble countertops, Vola fixtures and a full set of Gaggenau appliances. When you’re not entertaining, you are relaxing in your spacious master bedroom with corner exposures overlooking your private terrace. Pamper yourself in your luxurious master bathroom with a multitude of features such as a marble-clad double vanity, separate glass enclosed shower stall with Vola fixtures, wall mounted Duravit toilet, deep soaking Zuma tub, and floors and walls adorned with honed finished Italian travertine. Your secondary bedrooms with double exposures have windowed en-suite bathrooms clad in floor-to-ceiling marble and wall-mounted toilets. One of the secondary bathrooms has a deep soaking Zuma tub, while the other has a glass-enclosed shower stall. An in-unit Bosch washer/dryer in the hallway adds to your many conveniences.

One Madison’s luxurious services, unparalleled amenities, and attentive staff come together to form One Club, a private residents-only two-story 10,000 square foot wellness-focused amenity space designed by Yabu Pushelberg that sets the bar for amenitized living. With great attention to aesthetic integrity, One Madison brings an atmosphere of intimacy to urban living. White-glove amenities include 24hr doorman and concierge, 50 foot heated indoor swimming pool and spa with a glass-enclosed steam room overlooking Madison Square Park, children’s playroom, yoga room, private movie room, state-of-the-art gym, lounge, butler-served parlor lounge with gas fireplace, recording studio, great room with dining room and staffed catering kitchen. One Madison is an exceptional building situated in the nexus of all of Flatiron’s shopping, five-star restaurants, daily conveniences, such as Eataly and Whole Foods, and the charming street fairs on Broadway and Union Square taking place during all times of the year.

Last Agent to Sell the Property

Philip Scheinfeld

Compass License #10401258398 Listed on: 10/16/2023

Compass

Co-Listed By

Sam Dahdal

Compass License #10401283236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,940

Year Built

  • Built in 2009

HOA Fees

  • $5,399 Monthly HOA Fees

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 2,723 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Indoor Pool
  • Terrace
  • Wrap Around Porch

Utilities

  • Central Air
  • No Heating

Community Details

  • 53 Units
  • High-Rise Condominium
  • Flatiron Subdivision
  • 60-Story Property

Listing and Financial Details

  • Legal Lot and Block 1907 / 00851

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,940

Year Built

Built in 2009

Lot Details

0

HOA Fees

$5,399 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 8
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 60

Interior Features

  • Interior Features: Chandelier, Double Vanity, High Ceilings, Kitchen Island, Recessed Lighting, Soaking Tub
  • Appliances: Dishwasher, Freezer, Gas Cooktop, Gas Oven, Range, Refrigerator, Stainless Steel Appliance(s), Wine Cooler, Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2723.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • Pool Features: Indoor
  • Patio/Porch Features: Terrace, Wrap Around

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5399.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 53
  • Total Stories: 60
  • Year Built: 2009

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00851
  • Tax Lot: 1907
  • Tax Annual: 62940.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Aug 19, 2024
Sold by
Xando Enterprises Llc
Bought by
Dfm 3 Llc
Seller's Agent
Philip Scheinfeld
Compass
List Price
$7,995,000
Sold Price
$7,400,000
Premium/Discount to List
-$595,000
-7.44%
Views
48
Current Estimated Value
$6,841,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$558,123
Avg. Annual Appreciation
-3.35%

Purchase Details

Closed on
Jun 28, 2019
Sold by
Ho Sin Hang Llc
Bought by
Xando Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2014
Sold by
Madison R/A Sub Llc
Bought by
Ho Sin Hang Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.12%
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
Dfm 3 Llc $7,400,000 --
Xando Enterprises Llc $7,900,000 --
Xando Enterprises Llc $7,900,000 --
Ho Sin Hang Llc $8,250,000 --
Ho Sin Hang Llc $8,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xando Enterprises Llc $3,200,000
Previous Owner Ho Sin Hang Llc $1,000,000
Previous Owner Ho Sin Hang Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $7,400,000 +21042.9% $2,718 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
04/15/2024 04/15/24 Rented $35,000 -99.6% --
02/27/2024 02/27/24 Under Contract -- -- --
02/08/2024 02/08/24 For Sale $7,995,000 0.0% $2,936 / Sq Ft
02/07/2024 02/07/24 Price Changed $7,995,000 -11.1% $2,936 / Sq Ft
02/07/2024 02/07/24 For Sale $8,995,000 0.0% $3,303 / Sq Ft
12/15/2023 12/15/23 Price Changed $35,000 0.0% $13 / Sq Ft
11/28/2023 11/28/23 Off Market $7,400,000 -- --
11/20/2023 11/20/23 For Rent $7,995,000 +22139.2% --
07/18/2022 07/18/22 Off Market $35,950 -- --
02/07/2022 02/07/22 Rented -- -- --
11/20/2017 11/20/17 Rented -- -- --
11/20/2017 11/20/17 Rented $35,950 -9.0% --
10/21/2017 10/21/17 Under Contract -- -- --
08/30/2017 08/30/17 For Rent $39,500 +49.1% --
05/04/2017 05/04/17 For Rent $26,500 -- --
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 $69,825 $570,112 $41,163 $528,949
2024 $69,825 $558,510 $41,163 $517,347
2023 $67,182 $547,666 $41,163 $506,503
2022 $66,517 $543,661 $41,163 $502,498
2021 $63,101 $514,396 $41,163 $473,233
2020 $65,376 $569,500 $41,163 $528,337
2019 $51,772 $556,696 $41,163 $515,533
2018 $49,365 $537,246 $41,164 $496,082
2017 $26,975 $502,281 $41,163 $461,118
2016 $25,016 $478,881 $41,163 $437,718
2015 $15,912 $430,316 $41,164 $389,152
2014 $15,912 $416,872 $41,163 $375,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10974332

Real Estate Board of New York (REBNY)

APN: 0851-1907