NOT LISTED FOR SALE

241 5th Ave Unit 5-B New York, NY 10016

NoMad Neighborhood

Estimated Value: $2,670,000 - $3,092,699

3 Beds
3.5 Baths
1,722 Sq Ft
2013 Built

Highlights

  • City View
  • 2-minute walk to 28 Street (N,R Line)
  • Zoned Cooling
  • P.S. 116 Mary Lindley Murray Rated A-
  • No HOA
  • 2-minute walk to Madison Square Park

About This Home

As of April 2024

Welcome home to a stunning three bedroom, three and a half bathroom loft style condominium in the center of Manhattan's Downtown NoMad neighborhood.

Kitchen Features:
-Sub Zero Fridge & Wine Cooler
-Miele Dishwasher
-Miele Stove
-Garbage Disposal with Filter
-Significant storage behind high end cabinetry
-Open plan and West facing floor to ceiling windows

Primary Bedroom:
-Suite includes very large closet, room for a king size bed and additional furnishings
-High end Spa like bathroom with dual sinks, radiant heat floors, bathtub and separate shower

Second Bedroom:
-Room for a Queen size bed
-Full closet
-Pin drop quiet facing East

Third Bedroom:
-Room for a king size bed and office set up
-En suite bathroom

Additional Features:
-In unit Bosch washer/dryer
-Abundant closet space
-Hardwood floors
-High ceilings
-True Foyer
-Individually zoned Nest Air conditioning
-Remote controlled window coverings

241 5th Avenue is a full service boutique building located only two blocks from Madison Square Park. Amenities include: roof deck with extraordinary views down Fifth Avenue (including the Empire State Building!), a high end fitness center, residents lounge with Yoga Room and a Zen Courtyard. The additional Full time concierge, dog washing room, bike room, package room and storage options truly make 241 5th one of a kind. The surrounding area offers abundant grocery store options, high end hotels, various restaurants and easy access to all neighborhood in NYC!

Last Agent to Rent the Property

Meris Blumstein

Corcoran Group License #30BL0798434 Listed on: 03/12/2024

Corcoran Group

Co-Listed By

Sydney Blumstein

Corcoran Group License #10301207701

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,554

Year Built

  • Built in 2013

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,722 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Zoned Cooling

Community Details

  • No Home Owners Association
  • 46 Units
  • High-Rise Condominium
  • Nomad Subdivision
  • 20-Story Property

Listing and Financial Details

  • Property Available on 4/30/24
  • Tax Block 00857

Condo Details

Home Type

Condominium

Est. Annual Taxes

$37,554

Year Built

Built in 2013

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-04-30

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: NOMAD
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: ,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1722.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Green Building
  • Cooling: Zoned
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 00857
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2017
Sold by
Almeida Dunston and Cheng Eleana
Bought by
Hwang David S and Son Sungyon
Current Estimated Value
$2,886,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,086,057
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$800,618

Purchase Details

Closed on
Sep 30, 2013
Sold by
Victor At Fifth Llc
Bought by
Almeida Dunston and Cheng Eleana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.61%
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
Hwang David S $3,125,000 --
Almeida Dunston $2,545,625 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang David S $2,500,000
Previous Owner Almeida Dunston $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Rented $14,100 +0.7% --
04/08/2024 04/08/24 Under Contract -- -- --
03/12/2024 03/12/24 For Rent $14,000 -- --
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 $37,554 $304,781 $72,166 $232,615
2024 $37,554 $300,383 $72,166 $228,217
2023 $36,635 $298,646 $72,166 $226,480
2022 $30,848 $319,464 $72,166 $247,298
2021 $39,062 $321,016 $72,166 $248,850
2020 $35,112 $359,267 $72,166 $287,101
2019 $35,243 $365,403 $72,166 $293,237
2018 $41,055 $336,644 $72,165 $264,479
2017 $39,212 $330,479 $72,166 $258,313
2016 $37,732 $314,303 $72,166 $242,137
2015 -- $299,739 $72,166 $227,573
2014 -- $312,322 $72,166 $240,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10952456

Real Estate Board of New York (REBNY)

APN: 0857-1009