NOT LISTED FOR SALE

241 5th Ave Unit 20PH New York, NY 10016

NoMad Neighborhood

Estimated Value: $3,762,000 - $7,646,000

3 Beds
0.5 Bath
3,080 Sq Ft
$3,767/mo HOA Fee

Last Sold June 04, 2014

Last sale price $8,000,000 $2,597 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $41,579/month

334 Days on Market

About This Home

As of June 2014

Live in the center of NoMad, Manhattan's hottest new neighborhood, which boasts a bustling restaurant and hotel scene set against the lush, green landscape of Madison Square Park. Merging the best of old and new, the classic New York-style of this area includes Beaux-Arts architecture and iconic cast-iron buildings. 241 Fifth stands out as a new boutique residence designed with modern simplicity.Penthouse 20 is a full-floor, 3-bedroom, 3.5-bathroom residence offering 3,080-square feet of interior space and stairway access to a private 958-square foot rooftop terrace boasting a full kitchen, hot tub, and views of the Flatiron district. The modern design influence features an open flow living room and a neutral palette that can be seen through the use of stained white oak flooring and white-finished fixtures from the Zuchetti-Kos Faraway Collection. The master bathroom is designed with a deep soaking tub, glass-enclosed shower, solid teak wall detailing and honed stone tile floor. Additionally, this residence offers entrance through a key locked elevator, a Miele washer and dryer and oversized windows throughout. 241 Fifth's lobby boasts wire-brushed, white oak walls and a polished concrete floor, conveying the modern simplicity of this boutique condominium. In addition to a 24/7 concierge, 241 Fifth's amenities include a rooftop terrace, a fitness center equipped with state-of-the-art cardio and weightlifting equipment, a Zen tranquility room for yoga, Pilates or meditation, a residence lounge and private wellness treatment room, which offers a serene space for massage or beauty treatments.These photos may represent the unit or similar units in the building.

Co-Listed By

Sean Attebury

Compass License #40AT1102632

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,776

Year Built

  • Built in 2013

HOA Fees

  • $3,767 Monthly HOA Fees

Home Design

  • 3,080 Sq Ft Home
  • Entry on the 20th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Community Details

  • 46 Units
  • Nomad Subdivision
  • 20-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,776

Year Built

Built in 2013

Lot Details

0

HOA Fees

$3,767 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NoMad
  • Entry Level: 20
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Living Area: 3080.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3767.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 5200.0

Building Info

  • New Construction: No
  • Units: 46
  • Total Stories: 20
  • Year Built: 2013

Tax Info

  • Tax Block: 0
  • Tax Annual: 34776.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2013
Closed on
Apr 29, 2014
Sold by
Victor At Fifth Llc
Bought by
Vero And Fifth Llc
List Price
$9,750,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,750,000
-17.95%
Current Estimated Value
$6,094,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,905,882
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
Vero And Fifth Llc $8,146,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2014 06/04/14 Sold $8,000,000 -17.9% $2,597 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/30/2014 04/30/14 Sold -- -- -- View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
06/05/2013 06/05/13 For Sale $9,750,000 +22.6% $3,166 / Sq Ft
06/05/2013 06/05/13 For Sale $7,950,000 -- $2,581 / 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 $67,170 $545,139 $129,077 $416,062
2024 $67,170 $537,271 $129,077 $408,194
2023 $65,526 $534,165 $129,077 $405,088
2022 $61,708 $571,398 $129,077 $442,321
2021 $69,867 $574,175 $129,077 $445,098
2020 $76,124 $642,591 $129,077 $513,514
2019 $74,286 $653,566 $129,077 $524,489
2018 $71,293 $602,128 $129,076 $473,052
2017 $67,996 $591,100 $129,076 $462,024
2016 $65,862 $562,168 $129,077 $433,091
2015 -- $536,118 $129,076 $407,042
2014 -- $558,624 $129,076 $429,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10482908

Real Estate Board of New York (REBNY)

APN: 0857-1047