NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,232,769

2 Beds
2 Baths
1,133 Sq Ft
$1,875/mo HOA Fee

Last Sold June 09, 2021

Last sale price $965,000 $852 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,232/month

6,412 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Central Air
  • P.S. 116 Mary Lindley Murray Rated A-
  • Entrance Foyer
  • 1-minute walk to Vincent F Albano Jr Playground

About This Home

As of June 2021

BEST value in Kips Bay!!! Move right into this bright and beautiful 2 bedroom, 2 bathroom home boasting 10' ceilings! Enjoy the expansive city views, including the iconic Empire State building, through the oversized windows that flood the apartment with light throughout the day. The well-designed floor plan offers a gracious foyer that opens into a spacious living room with a pass-through kitchen and accompanying pantry. Both of the 2 bedrooms are generous in size and the master includes an en suite bathroom with a shower and a tub, plus abundant closet space throughout too! The beautifully, just refinished, solid-wood floors and the 'highly desirable' washer/dryer(vented), makes this home complete.

The Sycamore is a full-service condominium with a 24-hour doorman/concierge, a landscaped roof terrace with stunning panoramic Manhattan skyline views, a residential lounge and a fitness center. All amenities are free of charge!

Located in the quiet, residential neighborhood of Murray Hill and conveniently located across the street from Fairway Market, the Kips Bay Movie theatre and just blocks from Trader's Joes. The building is also in proximity to some of the best eateries NYC has to offer, many wonderful boutiques and easily accessible to all ?public transportation.

*Note: current RE Taxes do not reflect STAR tax exemption- Any primary resident would be eligible for this discount (apt 14D pays $1670)

Last Agent to Sell the Property

Stacey Kanbar

Compass License #30GE0871008 Listed on: 10/02/2020

Compass

Co-Listed By

Julie Kopel

Compass License #10301212269

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,624

Year Built

  • Built in 2003

HOA Fees

  • $1,875 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,133 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 910

Community Details

Overview

  • Kips Bay Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,624

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,875 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Entrance Foyer, Pantry
  • Appliances: Dryer, Washer
  • Living Area: 1133.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1875.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 15
  • Year Built: 2003

Tax Info

  • Tax Block: 910
  • Tax Lot: 7501
  • Tax Annual: 24624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
May 27, 2021
Sold by
Gerard M Ruvo As Trustee
Bought by
Mavs Holdings Plc
Seller's Agent
Stacey Kanbar
Compass
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,106,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,192
Avg. Annual Appreciation
3.20%
Original Mortgage
$675,000
Outstanding Balance
$611,128
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$495,064

Purchase Details

Closed on
Feb 8, 2014
Sold by
Ruvo Michael
Bought by
The Ruvo 2006 Living Trust and Sue S Ruvo, Trustee

Purchase Details

Closed on
Dec 23, 2011
Sold by
Ruvo Gerard M and Ruvo Sue S
Bought by
Ruvo Michael

Purchase Details

Closed on
Dec 12, 2007
Sold by
Ruvo Gerard M and Ruvo Sue S
Bought by
Gerard M Ruvo As Trustee Of The Ruvo 20 and Sue S Ruvo As Trustee Of The Ruvo 2006

Purchase Details

Closed on
Jan 9, 2007
Sold by
Bonanno Philip A and Whalen Dorothy E
Bought by
Ruvo Gerard M and Ruvo Sue S

Purchase Details

Closed on
Sep 25, 2003
Sold by
250 East 30Th Street Owners Llc
Bought by
Bonanno Philip A and Whalen Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mavs Holdings Plc $965,000 --
The Ruvo 2006 Living Trust $1,347,000 --
Ruvo Michael -- --
Gerard M Ruvo As Trustee Of The Ruvo 20 -- --
Ruvo Gerard M $1,350,000 --
Bonanno Philip A $916,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mavs Holdings Plc $675,000
Previous Owner Bonanno Philip A $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $965,000 +19200.0% $852 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
06/18/2014 06/18/14 Rented -- -- --
05/19/2014 05/19/14 Under Contract -- -- --
02/28/2014 02/28/14 For Rent $5,000 0.0% --
07/22/2003 07/22/03 For Sale $965,000 -- $852 / 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 $29,905 $266,115 $17,218 $248,897
2024 $29,905 $239,202 $17,218 $221,984
2023 $26,248 $213,976 $17,218 $196,758
2022 $25,374 $217,113 $17,218 $199,895
2021 $24,188 $197,182 $17,218 $179,964
2020 $24,631 $220,172 $17,218 $202,954
2019 $23,769 $207,531 $17,218 $190,313
2018 $22,886 $194,935 $17,218 $177,717
2017 $22,198 $192,453 $17,218 $175,235
2016 $22,566 $222,905 $17,218 $205,687
2015 $9,361 $175,121 $17,218 $157,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10672509

Real Estate Board of New York (REBNY)

APN: 0910-1070