$1,575,000
SOLD JUN 2, 2014 RENTED DEC 2, 2024
1 Bed
1 Bath
805 Sq Ft
$1,047/mo HOA Fee

Recently Sold

$1,957 Per Sq Ft

12% Below List Price

93 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 23 Street (4,6 Line)
  • 4-minute walk to Union Square Park
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Laundry Facilities

About This Home

As of June 2014

This bright high-floor, one bedroom, one bathroom unit boasts southern exposures, 10 foot ceilings, oversized windows and an unparalleled downtown location for convenience and entertainment.

The chef's kitchen has honed Jet Mist granite countertops, Sub-Zero refrigerator, Viking wine cooler, Miele dishwasher, opaque white glass Kuealuminum frame cabinetry, Dornbracht faucets and a Kuppersbusch cooktop with a pot filler.

The master bedroom features a large walk in closet and a chic four-fixture en suite bathroom with floor-to-ceiling white Thassos marble tile, Positano limestone floor, stone sink, deep soaking tub and separate glass encased shower.

The Control4 intelligent home and entertainment system seamlessly operates universal audio, TV, iPod, lighting; motorized shades and climate control systems from built-in and wireless remote touch screens.

240 Park Avenue South is a full service building with 24-hour doorman, concierge, fitness room, playroom, lounge/library, and private courtyard.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 2008

HOA Fees

  • $1,047 Monthly HOA Fees

Home Design

  • 805 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Block 848

Community Details

Overview

  • Flatiron Subdivision
  • 17-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,496

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,047 per month

Listing Details

  • Cross Street: 19th Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: FLATIRON
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Living Area: 805.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1047.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 17
  • Year Built: 2008

Tax Info

  • Tax Block: 848
  • Tax Annual: 5496.0

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
$1,698,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,515
Avg. Annual Appreciation
1.53%
Original Mortgage
$1,000,000
Outstanding Balance
$765,054
Interest Rate
4.2%
Estimated Equity
$1,101,329

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

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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 $1,575,000 --
Deed $1,305,000 --
Deed $1,305,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 No Value Available
Previous Owner $6,634 No Value Available
Previous Owner $7,076 No Value Available
Previous Owner $417,000 Purchase Money Mortgage
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
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 $16,676 $133,715 $9,467 $124,248
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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10471438

Real Estate Board of New York (REBNY)

APN: 0848-1347