$1,260,531 - $2,555,000
RENTED DEC 2, 2024

240 Park Ave S Unit 14D New York, NY 10003

Gramercy Park Neighborhood
1 Bed
1 Bath
805 Sq Ft
$2,318 Price per Sq Ft

Last Sold June 02, 2014

Last sale price $1,575,000 $1,957 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,867/month

About This Home

As of June 2014

Amazing sun flooded 805 SF one bedroom with 10'2' ceilings and south exposure!

The open kitchen is outfitted with top-of-the-line finishes including honed granite counter-tops Sub-Zero refrigerator, Viking wine refrigerator and a Kuppersbusch cooktop.

Other notable features include custom Oak floors throughout, built in surround sound and a washer dyer. The Beautiful bathroom is tiled in pure white marble wall tiles, has a cast iron tub with marble top, carved Limestone Stone sinks, Limestone floor, Dornbracht fixtures and Toto water closet.

The bedroom easily accommodates a king size bed and has a large walk in closet.

240 Park Avenue South is a 52 unit full service condominium designed by renowned architect Gwathmey Siegel and constructed in 2008 . Amenities 24-hour doorman, concierge, fitness room, playroom, lounge/library, and private courtyard.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2014
Closed on
May 15, 2014
Sold by
Klauss Gerd H
Bought by
Iron Advance Llc
List Price
$1,795,000
Sold Price
$1,575,000
Premium/Discount to List
-$220,000
-12.26%
Current Estimated Value
$1,866,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,383
Avg. Annual Appreciation
1.55%
Original Mortgage
$1,000,000
Outstanding Balance
$769,456
Interest Rate
4.2%
Estimated Equity
$1,096,927

Purchase Details

Closed on
Apr 10, 2008
Sold by
240 Park Avenue South Lp and % Tessler Developments
Bought by
Klauss Gerd H and Klauss Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
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
Iron Advance Llc $1,575,000 --
Klauss Gerd H $1,305,000 --
Klauss Gerd H $1,305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iron Advance Llc $1,000,000
Previous Owner Klauss Gerd H $6,634
Previous Owner Klauss Gerd H $7,076
Previous Owner Klauss Gerd H $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Rented $6,500 +649900.0% --
11/06/2024 11/06/24 For Rent $1 0.0% --
06/02/2014 06/02/14 Sold $1,575,000 -12.3% $1,957 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $1,795,000 -- $2,230 / Sq Ft

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 $16,676 $133,387 $9,467 $123,920
2023 $16,264 $132,584 $9,467 $123,117
2022 $16,060 $132,465 $9,467 $122,998
2021 $15,372 $125,315 $9,467 $115,848
2020 $15,471 $138,742 $9,467 $129,275
2019 $14,366 $135,621 $9,467 $126,154
2018 $11,126 $130,884 $9,467 $121,417
2017 $10,513 $120,085 $9,467 $110,618
2016 $7,903 $110,022 $9,467 $100,555
2015 $2,736 $88,129 $9,467 $78,662
2014 $2,736 $92,115 $9,468 $82,647
Source: Public Records

Agents Affiliated with this Home

  • Nathaniel Faust

    Seller's Agent in 2024

    Nathaniel Faust

    Corcoran Group

    (917) 774-1473

    2 in this area

    61 Total Sales

    Nathaniel Faust
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Map

New York New York County New York 10003 Gramercy Park

240 Park Ave S Unit 14D, New York, NY

This home is located at 240 Park Ave S Unit 14D, New York, NY 10003 and is currently estimated at $1,866,383, approximately $2,318 per square foot. 240 Park Ave S Unit 14D is a home located in New York County with nearby schools including P.S. 40 Augustus Saint-Gaudens, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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