NOT LISTED FOR SALE

Estimated Value: $1,943,000 - $2,319,000

3 Beds
2 Baths
1,496 Sq Ft
$1,755/mo HOA Fee

Last Sold January 28, 2021

Last sale price $2,295,000 $1,534 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,017/month

150 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 1 Avenue
  • 3-minute walk to Lower East Side Playground
  • P.S. 110 Florence Nightingale Rated A

About This Home

As of January 2021

INVESTOR UNIT. Lease in place until August 2021. Perfect for 1031. Cap rate to be determined. Low Carrying Costs.

Built originally as a 3 bedroom, experience loft-like living in this spacious 2-bedroom, double living room (24' x 23') apartment that offers lots of light and three exposures. Start or end your day with incredible views of the Chrysler building, One World Trade and Empire State right from your very own private wrap around terrace.

The open chef's kitchen is equipped with stainless steel appliances and flows seamlessly into the large living and dining area, perfect for entertaining. The corner master bedroom features a large walk in closet and an en-suite bathroom with double sinks, soaking tub and shower allowing for a spa like experience. The second bedroom can easily fit a king sized bed and has a walk in closet answering to all your storage needs. The apartment also has a washer/dryer unit.

The New Theatre Building is full-service condominium located in the heart of the East Village. It has a 24 hour doorman and features a modern lobby. It's conveniently located in close proximity to all major public transportation and some of the top restaurants and bars the village has to offer.

Last Agent to Sell the Property

Louise Philips

Brown Harris Stevens Residential Sales LLC License #30PH0944567 Listed on: 05/29/2020

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,088

Year Built

  • Built in 2001

HOA Fees

  • $1,755 Monthly HOA Fees

Home Design

  • 1,496 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 35 Units
  • The New Theatre Condos
  • East Village Subdivision
  • 16-Story Property

Listing and Financial Details

  • Tax Block 00451

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,088

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,755 per month

Listing Details

  • Cross Street: First Avenue & Second Avenue
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Village
  • Architectural Style: Prewar
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1496.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • 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: 1755.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE NEW THEATRE
  • Units: 35
  • Total Stories: 16
  • Year Built: 2001

Tax Info

  • Tax Block: 00451
  • Tax Annual: 26088.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jan 27, 2021
Sold by
Barnard James
Bought by
Charles Eric Rosenblum As Trustee and Mina Ti Liu As Trustee
Seller's Agent
Louise Philips
Brown Harris Stevens Residential Sales LLC
List Price
$1
Sold Price
$2,295,000
Premium/Discount to List
$2,294,999
229499900%
Current Estimated Value
$2,141,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,839
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Jun 23, 2005
Sold by
Evans Demanus Marlena and Evans Derek Robert
Bought by
Barnard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
King Gregory
Bought by
Evans Marlena and Evans Derek Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%

Purchase Details

Closed on
May 22, 2002
Sold by
New City Associates Llc and Gerald Rosengarten L L
Bought by
King Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.27%
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
Charles Eric Rosenblum As Trustee $2,150,000 --
Barnard James $1,802,000 --
Barnard James $1,802,000 --
Evans Marlena -- --
Evans Marlena -- --
King Gregory -- --
King Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnard James $253,436
Previous Owner Barnard James C $23,000
Previous Owner Barnard James $999,000
Previous Owner Barnard James $350,000
Previous Owner King Gregory J $500,000
Previous Owner King Gregory J $90,000
Previous Owner King Gregory $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Off Market $2,295,000 -- --
06/13/2023 06/13/23 Off Market $6,900 -- --
01/28/2021 01/28/21 Sold $2,295,000 +33160.9% $1,534 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/01/2020 09/01/20 Rented -- -- --
09/01/2020 09/01/20 Rented $6,900 +689900.0% --
08/02/2020 08/02/20 Under Contract -- -- --
05/29/2020 05/29/20 For Sale $1 0.0% $0 / Sq Ft
05/29/2020 05/29/20 For Rent $6,900 -- --
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 $29,240 $232,769 $56,315 $176,454
2024 $29,240 $233,879 $56,315 $177,564
2023 $28,686 $233,844 $56,315 $177,529
2022 $27,889 $228,519 $56,315 $172,204
2021 $27,114 $221,031 $56,315 $164,716
2020 $26,089 $244,710 $56,315 $188,395
2019 $23,436 $239,207 $56,315 $182,892
2018 $20,616 $230,849 $56,316 $174,533
2017 $18,119 $177,283 $56,315 $120,968
2016 $17,141 $153,770 $56,315 $97,455
2015 $10,480 $128,018 $56,315 $71,703
2014 $10,480 $120,545 $56,315 $64,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10024609

Real Estate Board of New York (REBNY)

APN: 0451-1123