$987,500
SOLD JUL 19, 2017
1 Bed
1 Bath
698 Sq Ft
$820/mo HOA Fee

Recently Sold

$1,415 Per Sq Ft

1% Below List Price

136 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 72 Street (1,2,3 Line)
  • 3-minute walk to Matthew P. Sapolin Playground
  • PS 199 Jessie Isador Straus Rated A

About This Home

As of July 2017

Condo-Prewar-High Floor-Views-Location HAVE IT ALL!

The Gemstone is a charming Prewar Condominium located on a desirable street on the West Side.

This spacious one bedroom is gracious and has high beamed ceilings and tons of light. Situated on a high floor this home has open city and Western Hudson River views. Enter through a generous foyer with two closets and prewar detail. The grand living room boasts large windows and has plenty of space for dining and living. The kitchen has an oversized window facing the water and was renovated approximately 10 years ago with a dining nook. The centrally located bath has new marble and old world details including a pedestal sink with a large window and southern exposure. Hardwood floors run throughout and great deep prewar closet space cannot go unmissed.

This 1928 building is located on the corner of 71st within blocks of subways, buses, shopping, restaurants, theatre and two magnificent parks- Riverside Park and Central Park. The Gemstone consists of a Landscaped roof deck with views of the Hudson, 24-hour doorman, resident manager, 24-hour laundry room, gym, bike storage, bin storage (wait listed) and finally is pet friendly! There is an assessment of $240.83 through December 31, 2020. 24 hr Doorman, laundry in basement, security access, bike room and roof garden.

Last Agent to Sell the Property

Heather Stein

Sothebys International Realty License #40ST0831909 Listed on: 02/02/2017

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1928

HOA Fees

  • $820 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

  • 143 Units
  • The Gemstone Condos
  • Upper West Side Subdivision
  • 17-Story Property

Listing and Financial Details

  • Tax Block 01182

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,500

Year Built

Built in 1928

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • Cross Street: W. 70th St/W. 71st St
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 820.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE GEMSTONE
  • Units: 143
  • Total Stories: 17
  • Year Built: 1928

Tax Info

  • Tax Block: 01182
  • Tax Annual: 10500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Jul 10, 2017
Sold by
Garver Abram B
Bought by
235 We 16E Llc
Seller's Agent
Heather Stein
Sothebys International Realty
List Price
$999,000
Sold Price
$987,500
Premium/Discount to List
-$11,500
-1.15%
Current Estimated Value
$883,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,723
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Kohn Eugene
Bought by
Garver Abram B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1999
Sold by
Roddy John and Roddy Elizabeth
Bought by
Kohn Eugene

Purchase Details

Closed on
Nov 13, 1995
Sold by
Baia Paulo
Bought by
Roddy John F and Nanni Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.53%
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 Type Sale Price Title Company
Deed $987,500 --
Deed $795,000 --
Bargain Sale Deed $324,000 First American Title Ins Co
Condominium Deed $195,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $636,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $175,500 No Value Available
Closed $79,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2023 01/01/23 Rented $4,500 0.0% --
10/29/2022 10/29/22 Under Contract -- -- --
10/15/2022 10/15/22 For Rent $4,500 0.0% --
04/20/2022 04/20/22 Off Market $987,500 -- --
11/08/2021 11/08/21 Rented -- -- --
10/09/2021 10/09/21 Under Contract -- -- --
09/17/2021 09/17/21 For Rent $3,200 0.0% --
07/19/2017 07/19/17 Sold $987,500 -1.2% $1,415 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $999,000 -- $1,431 / 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 $16,191 $134,945 $21,023 $113,922
2024 $16,191 $129,508 $21,023 $108,485
2023 $15,029 $122,519 $21,023 $101,496
2022 $14,681 $143,139 $21,023 $122,116
2021 $13,851 $112,912 $21,023 $91,889
2020 $13,847 $125,059 $21,023 $104,036
2019 $13,217 $122,246 $21,023 $101,223
2018 $12,253 $111,073 $21,023 $90,050
2017 $11,338 $104,518 $21,022 $83,496
2016 $10,683 $99,636 $21,023 $78,613
2015 $5,486 $86,553 $21,023 $65,530
2014 $5,486 $79,936 $21,022 $58,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10012671

Real Estate Board of New York (REBNY)

APN: 1182-1132