NOT LISTED FOR SALE

Estimated Value: $1,778,000 - $2,406,288

2 Beds
2 Baths
1,385 Sq Ft
$1,459/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2020

Last sale price $1,692,100 $1,222 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $14,032 / mo

135 Days on Market

Highlights

  • New Construction
  • 3-minute walk to Lexington Avenue-53 Street
  • 4-minute walk to Greenacre Park
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of June 2020

245 E 53rd Street is a boutique, ground-up new development condominium characterized by its innovative design and openness to light.

The most striking façade detail is the remarkable scale and portion of the casement windows. This six-story residential building consists of five floor-through homes of 1,385 Square feet, each with private outdoor space, a private keyed-locked elevator and direct secure access to each home as well as a storage room. the homes are pre-wire for a smart home system.

The residence comes complete with a washer and dryer, a balcony and storage space. Each residence has high ceilings and is finished with 10 inch-wide oak flooring. Open custom kitchen has quartz countertops and is equipped with German imported Baurformat cabinets, integrated Wolf range oven and hood, Sub-Zero fridge, dishwasher and microwave. Spacious bedrooms are each complemented by ample closet space. Master bedroom reveals a spacious walk in closet as well as radiant heated floors.

Apartment #3 could be offered as a Three Bedroom unit or as a Two Bedroom and a home office home.

This beautiful building lies between Second and Third Avenue, a half block from Lexington Ave/53rd Street Subway Station. The neighborhood is bustling with amazing restaurants, bars, shops and parks. Come and see all that New York City has to offer.

The complete offering terms are in an offering plan available from the sponsor.File No. CD18-0166Sponsor: 245 East 53rd Street Realty, LLC 41 Avenue A, New York, NY 10009

Last Agent to Sell the Property

Ariel Tirosh

Douglas Elliman Real Estate License #30TI0896855 Listed on: 04/29/2019

Douglas Elliman Real Estate

Co-Listed By

Dana Sapir

Compass License #10401300619

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $22,128

HOA Fees

  • $476 Monthly HOA Fees

Home Design

  • 1,385 Sq Ft Home
  • New Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • Turtle Bay Subdivision

Listing and Financial Details

  • Tax Block 1327

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$22,128

Lot Details

0 Sq Ft Lot

HOA Fees

$476 per month

Listing Details

  • Cross Street: Second Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Special Features: NewHome
  • Property Sub Type: Coop
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1385.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 476.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop

Building Info

  • New Construction: Yes

Tax Info

  • Tax Block: 1327
  • Tax Annual: 22128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 26, 2020
Sold by
245 East 53Rd Street Realty Llc
Bought by
Lei Yang and Wang Shangjia
Seller's Agent
Ariel Tirosh
Douglas Elliman Real Estate
List Price
$1,995,000
Sold Price
$1,692,100
Premium/Discount to List
-$302,900
-15.18%
Current Estimated Value
$2,020,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,972
Avg. Annual Appreciation
3.05%
Original Mortgage
$600,000
Outstanding Balance
$522,453
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,497,619
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Lei Yang $1,733,570 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Lei Yang $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $1,692,100 -15.2% $1,222 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $1,995,000 -- $1,440 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2026 $33,397 $261,343 $59,517 $201,826
2025 $34,103 $267,176 $64,152 $203,024
2024 $34,103 $272,781 $77,625 $202,918
2023 $25,561 $252,575 $77,625 $174,950
2022 $32,674 $267,752 $77,625 $190,127
2021 $32,856 $267,837 $77,625 $190,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10616465

Real Estate Board of New York (REBNY)

APN: 1327-1303

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