NOT LISTED FOR SALE

Estimated Value: $3,170,468 - $4,190,000

Studio
-- Bath
3,400 Sq Ft
$1,111/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2023

Last sale price $3,495,000 $1,028 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $23,161 / mo

740 Days on Market

Highlights

  • City View
  • Pre War Building
  • Intercom
  • P.S. 116 Mary Lindley Murray Rated A-
  • Balcony
  • 1-minute walk to Vincent F Albano Jr Playground

About This Home

As of December 2023

This flexible, three-family townhouse will be delivered vacant and ready to be reimagined into a single-family home or an updated version of the current configuration. This townhouse is the perfect candidate to create a live-with-income scenario. The three units include: a one-bedroom floor-through and two duplexes with double-height ceilings in the main rooms. A unique offering of this townhouse is the Street Level/Garden duplex that is commercially zoned and has the potential to be used as office space.

Once dubbed “an anonymous neighborhood with fringe benefits,” Kips Bay continues to offer luxury, character, and convenience. The townhouse is located a short walk from the 6 Train, diverse restaurants, and larger commercial stores.

Garden Level (Duplex 1):
Configured as part of a two-bedroom duplex unit, the garden level contains a spacious front bedroom, full bathroom, L-shaped kitchen, and bi-level great room. The great room is open to the floor above and receives spectacular sunlight from a wall of windows and a glass door, which lead to a private triple-level garden.

Street Level (Duplex 1):
The main townhouse vestibule has a staircase to the upper floor apartments and is also the entry point to Duplex 1. The front door opens to reveal soaring ceilings and a sitting area overlooking a sunken, bi-level great room. The remainder of this level is occupied by a large bedroom with an ensuite bath.

Parlour Floor (Floor Through):
The parlour floor has a delightful, sunny one bedroom, floor-through apartment. It features a front facing living room with three windows, exposed brick walls, a large brick mantelpiece and hearth, and original parquet floors.

A generous kitchen with bar counter and passthrough is configured at the center of the floor. The bedroom is located at the rear of the apartment. It boasts two tall windows, a full ensuite bath, and a walk-in closet plus another separate closet for linens and storage.

Third Floor (Duplex 2):
Duplex 2 is also a two-bedroom unit, and it includes the third and fourth floors of the townhouse. The front room is double height with six windows, exposed brick walls, a large brick fireplace, and a unique catwalk balcony. A staircase, with storage under the risers, leads up to the upper floor of the duplex.

Identical to the parlour floor layout, a large kitchen with new, full size-appliances is situated between the living room and third floor master bedroom with ensuite bath.

Fourth Floor (Duplex 2):
The top floor hosts the second bedroom with an ensuite bath and garden view. A spacious den or home office as well as access to the catwalk with a charming built-in library completes the unit.

Last Agent to Sell the Property

Dexter Guerrieri

Vandenberg Inc License #31GU0753145 Listed on: 09/30/2021

Co-Listed By

Nicole Kats

Serhant License #10401315960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,305

Year Built

  • Built in 1901

Lot Details

  • 1,496 Sq Ft Lot
  • Lot Dimensions are 17.00 x 88.00

Home Design

  • Pre War Building

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property
  • City Views
  • Intercom

Outdoor Features

  • Balcony

Community Details

  • Kips Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 38 / 910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,305

Year Built

Built in 1901

Lot Details

1,496 Sq Ft Lot

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 3400.0
  • Living Area Units: Square Feet

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: See Remarks

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1496.0
  • Lot Size Dimensions: 17.00 x 88.00

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 910
  • Tax Lot: 38
  • Tax Annual: 33305.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 18, 2023
Sold by
Peaches & Richie Llc
Bought by
R Townhouse Llc
Seller's Agent
Dexter Guerrieri
Vandenberg Inc
List Price
$3,495,000
Sold Price
$3,495,000
Views
196
Current Estimated Value
$3,777,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,617
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Dec 2, 2022
Sold by
Wilhelm Kenneth A
Bought by
Peaches And Richie Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
R Townhouse Llc $3,225,000 --
Peaches And Richie Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $3,495,000 0.0% $1,028 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $3,495,000 0.0% $1,028 / Sq Ft
06/08/2023 06/08/23 Off Market $3,495,000 -- --
04/18/2023 04/18/23 Price Changed $3,495,000 -7.9% $1,028 / Sq Ft
03/01/2023 03/01/23 For Sale $3,795,000 +8.6% $1,116 / Sq Ft
03/01/2023 03/01/23 Off Market $3,495,000 -- --
11/15/2022 11/15/22 For Sale $3,795,000 0.0% $1,116 / Sq Ft
07/19/2022 07/19/22 Price Changed $3,795,000 -5.0% $1,116 / Sq Ft
07/05/2022 07/05/22 For Sale $3,995,000 +14.3% $1,175 / Sq Ft
07/01/2022 07/01/22 Off Market $3,495,000 -- --
06/13/2022 06/13/22 For Sale $3,995,000 +14.3% $1,175 / Sq Ft
06/04/2022 06/04/22 Off Market $3,495,000 -- --
05/04/2022 05/04/22 For Sale $3,995,000 +14.3% $1,175 / Sq Ft
05/01/2022 05/01/22 Off Market $3,495,000 -- --
10/01/2021 10/01/21 For Sale $3,795,000 -- $1,116 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
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
2025 $35,938 $179,159 $98,586 $80,573
2024 $35,938 $178,932 $134,640 $73,601
2023 $34,283 $168,805 $85,643 $83,162
2022 $31,791 $281,460 $134,640 $146,820
2021 $33,305 $241,380 $134,640 $106,740
2020 $31,602 $267,540 $134,640 $132,900
2019 $31,192 $239,580 $134,640 $104,940
2018 $28,676 $140,671 $53,831 $86,840
2017 $27,053 $132,710 $75,738 $56,972
2016 $26,364 $131,880 $88,817 $43,063
2015 $15,100 $124,416 $112,268 $12,148
2014 $15,100 $124,259 $112,208 $12,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10923091

Real Estate Board of New York (REBNY)

APN: 0910-0038

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