NOT LISTED FOR SALE

250 E 31st St Unit 5A New York, NY 10016

Kips Bay Neighborhood

Estimated Value: $838,000 - $1,077,230

2 Beds
1.5 Baths
-- Sq Ft
1983 Built

Last Sold June 20, 2014

Current estimated payment $6,668/month

Highlights

  • Wood Flooring
  • No HOA
  • 2-minute walk to Vincent F Albano Jr Playground
  • P.S. 116 Mary Lindley Murray Rated A-
  • No Heating

About This Home

As of June 2024

*Showings and Open House are by Appointment, Please Schedule in Advance*

This is a sunny and spacious true 2 bedroom, 1.5 bathroom apartment in a boutique elevator building.

Apartment Features:
- Two large bedrooms; the primary bedroom can fit a king bed, and second bedroom can fit a queen bed, both bedrooms have ample closet space
- XL living area; spacious enough for a dining table or additional desk as a workspace
- Open kitchen with a ton of countertop and cabinetry space, as well as a dishwasher
- In-unit washer dryer, hardwood floors, additional closet space and north east exposures with lots of sky and open views

Building Features:
- Elevator building
- Conveniently located; Fairway Market across the street, Trader Joe's a couple of blocks away, and the neighborhood's best restaurants, cafes, and bars all just minutes away

Last Agent to Rent the Property

Adam Berke

Compass License #10401281146 Listed on: 05/22/2024

Compass

Co-Listed By

Katherine Berke

MNS License #10401348328

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,789

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 77.000000x40.000000

Home Design

  • Entry on the 5th floor

Interior Spaces

  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Property Available on 7/1/24
  • Tax Block 00911

Community Details

Overview

  • No Home Owners Association
  • 25 Units
  • Kips Bay Subdivision
  • 9-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,789

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-01

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Kips Bay
  • Entry Level: 5
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 9

Interior Features

  • Appliances: Dishwasher
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area, In Unit
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 77.000000x40.000000

Building Info

  • New Construction: No
  • Units: 25
  • Total Stories: 9
  • Year Built: 1983

Tax Info

  • Tax Block: 00911
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2014
Sold by
Erkulvrawatr Edson and Penaco Marilyn W
Bought by
Erkulvrawatrpenaco Llc
Current Estimated Value
$974,808

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jun 19, 2014
Sold by
Swaminathan Andrea Krisan and Swaminathan Rajesh
Bought by
Erkulvrawatr Edson and Penaco Marilyn W
Seller's Agent
Joel Shapiro
Corcoran Group
List Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2008
Sold by
Swaminathan Rajesh
Bought by
Swaminathan Andrea Krisan and Swaminathan Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,251
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Skhane Andrea E and Zee Yuan P
Bought by
Swaminathan Rajesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1998
Sold by
Zee Pah Kong and Zee Oi Chun
Bought by
Zee Yuan P and Shkane Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.09%
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
Erkulvrawatrpenaco Llc -- --
Erkulvrawatr Edson $975,000 --
Swaminathan Andrea Krisan -- --
Swaminathan Rajesh $585,000 --
Zee Yuan P $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erkulvrawatr Edson $682,500
Previous Owner Swaminathan Andrea Krisan $140,251
Previous Owner Swaminathan Rajesh $300,000
Previous Owner Zee Yuan P $187,500
Closed Swaminathan Rajesh $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Rented $5,400 0.0% --
06/03/2024 06/03/24 Under Contract -- -- --
05/22/2024 05/22/24 For Rent $5,400 +20.0% --
06/24/2022 06/24/22 Rented $4,500 0.0% --
06/02/2022 06/02/22 Price Changed $4,500 0.0% --
06/02/2022 06/02/22 For Rent $4,500 0.0% --
01/21/2021 01/21/21 Rented -- -- --
11/11/2020 11/11/20 For Rent $4,500 0.0% --
06/20/2014 06/20/14 Sold -- -- -- View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $975,000 -- $1,117 / 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 $18,789 $151,544 $16,675 $134,869
2024 $18,789 $150,290 $16,675 $133,615
2023 $18,344 $146,727 $16,675 $130,052
2022 $17,880 $157,543 $16,675 $140,868
2021 $17,836 $146,846 $16,675 $130,171
2020 $17,646 $163,201 $16,675 $146,526
2019 $16,822 $153,892 $16,675 $137,217
2018 $16,081 $146,682 $16,676 $130,006
2017 $15,423 $147,686 $16,676 $131,010
2016 $14,602 $131,658 $16,675 $114,983
2015 $7,862 $117,860 $16,676 $101,184
2014 $7,862 $110,948 $16,675 $94,273
Source: Public Records

Agents Affiliated with this Home

  • Adam Berke

    Landlord's Agent in 2024

    Adam Berke

    Compass

    (415) 218-0151

    21 Total Sales

    Adam Berke
    Section Image
  • Katherine Berke

    Landlord's Co-Listing Agent in 2024

    Katherine Berke

    MNS

    (646) 934-3126

    5 Total Sales

    Katherine Berke
    Section Image

  • J

    Seller's Agent in 2014

    Joel Shapiro

    Corcoran Group

    (917) 538-5935

    1 Total Sale

    Joel Shapiro
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10975915

Real Estate Board of New York (REBNY)

APN: 0911-1051

New York New York County New York 10016 Kips Bay

250 E 31st St Unit 5A, New York, NY

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