NOT LISTED FOR SALE

240 Park Ave S Unit 18PHD New York, NY 10003

Gramercy Park Neighborhood

Estimated Value: $4,295,624 - $8,733,000

-- Bed
-- Bath
2,911 Sq Ft
$1,907/Sq Ft Est. Value

About This Home

This home is located at 240 Park Ave S Unit 18PHD, New York, NY 10003 and is currently estimated at $5,552,156, approximately $1,907 per square foot. 240 Park Ave S Unit 18PHD 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Michael Braun As Trustee and The Un18phd Realty Trust
Bought by
Frandsen Mikkel Vestergaard
Current Estimated Value
$5,552,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,550,000
Outstanding Balance
$5,079,225
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,931

Purchase Details

Closed on
Mar 13, 2009
Sold by
240 Park Avenue South Lp and % Tessler Developments
Bought by
Herbert C Kantor As Trustee
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Frandsen Mikkel Vestergaard -- --
Frandsen Mikkel Vestergaard -- --
Herbert C Kantor As Trustee $6,295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frandsen Mikkel Vestergaard $5,550,000
Closed Vestergaard Frandsen Mikkel $5,550,000
Source: Public Records

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 $60,225 $481,725 $34,191 $447,534
2023 $48,458 $478,823 $34,191 $444,632
2022 $47,850 $478,392 $34,191 $444,201
2021 $55,517 $452,573 $34,191 $418,382
2020 $55,873 $501,060 $34,191 $466,869
2019 $51,884 $489,789 $34,191 $455,598
2018 $40,183 $472,682 $34,191 $438,491
2017 $37,968 $433,681 $34,190 $399,491
2016 $28,544 $397,341 $34,191 $363,150
2015 $6,588 $318,276 $34,191 $284,085
2014 $6,588 $332,668 $34,190 $298,478
Source: Public Records

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