NOT LISTED FOR SALE

Estimated Value: $3,391,538 - $5,089,000

3 Beds
3 Baths
1,957 Sq Ft
7,884 Sq Ft Lot

Last Sold May 09, 2019

Last sale price $6,425,000 $3,283 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $25,300/month

Highlights

  • New Construction
  • 2-minute walk to 79 Street (1,2 Line)
  • City View
  • P.S. 9 Sarah Anderson Rated A
  • Rooftop Deck
  • 4-minute walk to Riverside Park

About This Home

As of January 2021

This sprawling three bed, three bathroom home is the finest example of Upper West Side living. 250 West 81st Street is a new construction condominium designed by the critically-acclaimed Robert A.M. Stern, who is known for his affinity for pre-war details and luxurious layouts.

16B is meticulously designed, with 10' high ceilings, oversized windows, and private outdoor space, with a separation of living and entertaining. The great Room and kitchen positioned on the east side of the home, and the bedroom suites on the west side. The primary bedroom features a custom walk-in closet and a stunning ensuite five-fixture windowed marble bath. The second bedroom faces south and also features an ensuite bath, and the third bedroom opens up directly onto the private terrace, which would be lovely for a home office. The great room 25.5' long with hand-laid herringbone oak floors, Juliet balcony facing north, and another entrance to the private terrace. The kitchen is cleverly incorporated into the space, set back from the living area to give a sense of distinction, but also opens to the great room to create a wonderful flow. The kitchen is outfitted with custom cabinetry by Smallbone of Devizes, Gagganau appliances, and generous pantry storage.

250 West 81st St is a boutique collection of thirty-one units, home to an enviable amenity package: fitness center outfitted with Technogym and Peloton, multi-purpose sports court with basketball hoop, children's playroom, golf simulator, music recording and practice studio which includes a mixing board and recording booth, residents' lounge with catering kitchen, and roof deck with an outdoor grill and fantastic views of the skyline and Hudson River.

Located in the heart of the Upper West Side, the neighborhood is at your disposal: Riverside Park and Central Park, Zabar's, Citarella, and Hudson & Charles; The Strand, Books of Wonder, and Westsider; a plethora of restaurants and fine dining; the Children's Museum, Natural History Museum and New York Historical Society; and the 1 train two blocks away.

Last Agent to Rent the Property

Julia Nimchuk

Compass License #10401254510 Listed on: 12/03/2020

Compass

Co-Listed By

Kira Chien

Compass License #10401324329

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,079

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,884

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,957 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Juliet Balcony
  • Terrace

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 12/3/20
  • Legal Lot and Block 7504 / 1228

Community Details

Overview

  • Upper West Side Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$37,079

Year Built

Built in 2019 | New Construction

Lot Details

0

Rental Info

  • Available Date: 2020-12-03

Listing Details

  • Cross Street: West End Avenue/Broadway
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Upper West Side
  • Entry Level: 16
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Pantry
  • Appliances: Dryer, Washer
  • Living Area: 1957.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, Juliet Balcony
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: Yes
  • Total Stories: 18
  • Year Built: 2019

Tax Info

  • Tax Block: 1228
  • Tax Lot: 7504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 9, 2019
Sold by
2255 Broadway Property Owner Llc
Bought by
Li Yuanshen and Zhang Jinzhu
Seller's Agent
Timothy McCarthy
Alchemy Properties Inc
List Price
$6,425,000
Sold Price
$6,425,000
Current Estimated Value
$4,189,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,235,865
Avg. Annual Appreciation
-6.42%
Original Mortgage
$1,500,000
Outstanding Balance
$1,313,419
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,875,716
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
Li Yuanshen $6,545,856 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yuanshen $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Rented -- -- --
12/03/2020 12/03/20 For Rent $16,750 0.0% --
05/09/2019 05/09/19 Sold $6,425,000 0.0% $3,283 / Sq Ft View Prior Sale
03/26/2018 03/26/18 For Sale $6,425,000 -- $3,283 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
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 $37,079 $301,908 $90,288 $211,620
2024 $37,079 $296,585 $90,288 $206,297
2023 $36,590 $292,675 $90,288 $202,387
2022 $32,422 $275,630 $90,288 $185,342
2021 $29,584 $275,630 $90,288 $185,342
2020 $28,603 $305,154 $90,288 $214,866
2019 $18,310 $262,955 $90,288 $172,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10686192

Real Estate Board of New York (REBNY)

APN: 1228-1427