NOT LISTED FOR SALE

242 5th Ave New York, NY 10001

NoMad Neighborhood

Estimated Value: $13,385,427

-- Bed
-- Bath
12,162 Sq Ft
$1,101/Sq Ft Est. Value

About This Home

This home is located at 242 5th Ave, New York, NY 10001 and is currently estimated at $13,385,427, approximately $1,100 per square foot. 242 5th Ave is a home located in New York County with nearby schools including P.S. 33 Chelsea Prep, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2012
Sold by
242 Fifth Realty Llc
Bought by
242 Gramercy Fifth Llc
Current Estimated Value
$13,385,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,384,368
Interest Rate
3.35%
Mortgage Type
Commercial
Estimated Equity
$12,001,059

Purchase Details

Closed on
Jan 5, 1998
Sold by
C T Wan & Co
Bought by
242 Fifth Realty Llc
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
242 Gramercy Fifth Llc $10,275,000 --
242 Fifth Realty Llc $1,440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 242 Gramercy Fifth Llc $2,000,000
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
2025 $177,030 $1,529,291 $299,101 $1,230,190
2024 $177,030 $1,416,010 $486,000 $1,194,470
2023 $160,835 $1,311,120 $220,837 $1,090,283
2022 $166,847 $3,125,700 $486,000 $2,639,700
2021 $154,892 $2,500,650 $486,000 $2,014,650
2020 $155,285 $2,427,750 $486,000 $1,941,750
2019 $158,047 $2,255,040 $486,000 $1,769,040
2018 $147,920 $1,160,321 $300,083 $860,238
2017 $136,649 $1,074,372 $315,562 $758,810
2016 $110,343 $855,900 $486,000 $369,900
2015 $25,355 $792,684 $486,000 $306,684
2014 $25,355 $562,500 $486,000 $76,500
Source: Public Records

Map

New York New York County New York 10001 NoMad

242 5th Ave, New York, NY

This home is located at 242 5th Ave, New York, NY 10001 and is currently estimated at $13,385,427, approximately $1,100 per square foot. 242 5th Ave is a home located in New York County with nearby schools including P.S. 33 Chelsea Prep, Clinton School, and Middle School 297.

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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