NOT LISTED FOR SALE

Estimated Value: $818,000 - $906,000

1 Bed
1 Bath
723 Sq Ft
$706/mo HOA Fee

Last Sold June 24, 2020

Last sale price $800,000 $1,107 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,536/month

110 Days on Market

Highlights

  • Garage
  • 4-minute walk to 51 Street
  • 3-minute walk to Greenacre Park
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of June 2020

HIGHEST AND BEST OFFERS ARE DUE BY 12PM ON TUESDAY, 2/18. PLEASE EMAIL OFFERS

Nestled on a tree lined street in the heart of Turtle Bay, you will find residence 2A at 245 East 50th Street. This 2 bedroom condo features brilliant natural light through its enormous Southeastern facing windows in each room and a seemingly never ending amount of storage options throughout. Upon entering the home, a nook provides storage and creates an inviting entryway. A brand new galley kitchen with high end stainless steel appliances and a custom tile backsplash provides abundant prep space and storage. Off of the living room, double pocket doors open to a well-proportioned additional room that can easily be used as a comfortable bedroom or home office.

The master bedroom bookends the home and features an oversized walk-in closet with a combination washer/dryer. The marble bathroom can be accessed from the hall or directly from the master bedroom and showcases a large soaking tub, well lit vanity, and a wall of cabinetry to provide extra storage space.

You will enjoy all of Midtown East in this convenient location between 2nd and 3rd Avenues. The 6 train can be accessed via the 51st Street station and the East River is only a short distance away. You'll never tire of the abundance of shopping, dining, and entertainment options the neighborhood has to offer.

Please note this unit is legally listed as a one bedroom in the Offering Plan.

Non-Primary Residence Taxes $13,684.32 Annually.

Last Agent to Sell the Property

Ari Harkov

Brown Harris Stevens Residential Sales LLC License #10301202788 Listed on: 02/04/2020

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Warner Lewis

Brown Harris Stevens Residential Sales LLC License #30LE1035095

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,292

Year Built

  • Built in 1980

Lot Details

  • 3,311

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 723 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 16 Units
  • Ile St. Louis Condo
  • Middle East Side Subdivision
  • 9-Story Property

Listing and Financial Details

  • Tax Block 7501

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,292

Year Built

Built in 1980

Lot Details

0

HOA Fees

$706 per month

Listing Details

  • Cross Street: 2nd/3rd
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Living Area: 723.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 706.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Ile St. Louis Condo
  • Units: 16
  • Total Stories: 9
  • Year Built: 1980

Tax Info

  • Tax Block: 7501
  • Tax Annual: 11292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2025
Sold by
Chen Leah
Bought by
Malayev Robert
Current Estimated Value
$868,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$674,410
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$194,393

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jun 24, 2020
Sold by
Faedda Gianni L
Bought by
Chen Leah
Seller's Agent
Ari Harkov
Brown Harris Stevens Residential Sales LLC
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$560,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Malayev Robert $855,000 --
Chen Leah $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malayev Robert $675,000
Previous Owner Chen Leah $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $800,000 -- --
06/24/2020 06/24/20 Sold $800,000 +6.8% $1,107 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $749,000 -- $1,036 / 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 $15,288 $125,602 $26,908 $98,694
2024 $15,288 $122,284 $26,908 $95,376
2023 $12,179 $120,338 $26,908 $93,430
2022 $12,047 $124,223 $26,908 $97,315
2021 $14,210 $116,666 $26,908 $89,758
2020 $6,418 $128,191 $26,908 $101,283
2019 $11,290 $116,734 $26,908 $89,826
2018 $13,350 $119,290 $26,908 $92,382
2017 $12,643 $114,603 $26,908 $87,695
2016 $11,995 $112,787 $26,908 $85,879
2015 $6,872 $95,365 $26,908 $68,457
2014 $6,872 $90,700 $26,908 $63,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10625668

Real Estate Board of New York (REBNY)

APN: 1324-1002