NOT LISTED FOR SALE

260 Park Ave S, Unit 11G New York, NY 10010

Gramercy Park Neighborhood

Estimated Value: $2,138,000 - $2,550,000

2 Beds
2 Baths
1,340 Sq Ft
$1,607/mo HOA Fee

Last Sold March 06, 2018

Last sale price $2,700,000 $2,015 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $16,427/month

203 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (4,6 Line)
  • Garage
  • P.S. 40 Augustus Saint-Gaudens Rated A

About This Home

As of March 2018

Highly coveted and rarely available, this split two-bedroom residence with views of the iconic MetLife clocktower from the eleventh floor is now being offered for sale after over a decade of use as an investment property. Graciously proportioned with soaring beamed ceilings, exceptional natural light from both Northern and Western exposures though seven windows, this is truly an incredible find in one of the Flatiron District's most sought after luxury pre-war condominiums. Opening into the living room is a well-designed kitchen outfitted with a SubZero refrigerator, Viking range, Bosch dishwasher, and a wine cooler. Both bedrooms feature en suite baths, beautifully appointed with marble, including a Zuma soaking tub, a separate glass shower stall, and double sinks in the spacious master suite. Additionally, the apartment features a powder room and a Bosch washer/dryer for added convenience. Built at the turn of the twentieth century, 260 Park Avenue South is a meticulously renovated neoclassical building, which maintains a perfect balance of prewar elegance and modern features. A dramatic lobby attended by 24-hour doormen, a fitness center, two roof decks, and a resident superintendent are amenities that define this unique and prestigious address. Located near Union Square, the farmers' market, Madison Square Park, public transportation, and some of Manhattan's finest dining, and shopping. Investors, pets, and pieds-a-terre are welcome. Shown exclusively by appointment only.

Last Listed By

Amanda Rosenberg

The Heller Organization Inc License #30RO1021394 Listed on: 07/14/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,936

Year Built

  • Built in 1910

HOA Fees

  • $1,607 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,340 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • No Cooling

Community Details

  • 109 Units
  • Flatiron Subdivision
  • 12-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,936

Year Built

Built in 1910

Lot Details

0

HOA Fees

$1,607 per month

Listing Details

  • Cross Street: 21st Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: FLATIRON
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Living Area: 1340.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1607.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 109
  • Total Stories: 12
  • Year Built: 1910

Tax Info

  • Tax Block: 0
  • Tax Annual: 21936.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Mar 2, 2018
Sold by
Park Avenue Property Llc
Bought by
Schwartz Anna and Schwartz Sarah
Seller's Agent
Amanda Rosenberg
The Heller Organization Inc
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Total Days on Market
203
Current Estimated Value
$2,256,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$443,395
Avg. Annual Appreciation
-2.30%
Original Mortgage
$2,100,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2006
Sold by
Shachar Avner
Bought by
Park Avenue Property Llc

Purchase Details

Closed on
May 10, 2006
Sold by
260 Park Avenue South Llc
Bought by
Shachar Avner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Schwartz Anna $2,700,000 --
Park Avenue Property Llc $1,850,000 --
Shachar Avner $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Anna $2,100,000
Previous Owner Shachar Avner $975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $2,700,000 -9.8% $2,015 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
07/15/2017 07/15/17 For Sale $2,995,000 0.0% $2,235 / Sq Ft
04/06/2016 04/06/16 Rented -- -- --
03/07/2016 03/07/16 Under Contract -- -- --
01/04/2016 01/04/16 For Rent $10,000 -- --
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
2024 $26,270 $210,123 $44,259 $165,864
2023 $20,877 $206,293 $44,259 $162,034
2022 $19,961 $217,219 $44,259 $172,960
2021 $23,066 $188,033 $44,259 $143,774
2020 $18,942 $208,268 $44,259 $164,009
2019 $18,139 $203,585 $44,259 $159,326
2018 $21,862 $187,878 $44,259 $143,619
2017 $21,645 $178,433 $44,260 $134,173
2016 $21,439 $166,297 $44,259 $122,038
2015 $13,906 $159,563 $44,259 $115,304
2014 $13,906 $167,242 $44,260 $122,982
Source: Public Records

Agents Affiliated with this Home

  • Amanda Rosenberg

    Seller's Agent in 2018

    Amanda Rosenberg

    The Heller Organization Inc

    (917) 923-3066

    1 in this area

    8 Total Sales

    Amanda Rosenberg
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10070341

Real Estate Board of New York (REBNY)

APN: 0849-1297

New York New York County New York 10003 Gramercy Park

260 Park Ave S Unit 11G, New York, NY

This home is located at 260 Park Ave S Unit 11G, New York, NY 10010 since 14 July 2017 and is currently estimated at $2,256,605, approximately $1,684 per square foot. This property was built in 1910. 260 Park Ave S Unit 11G is a home located in New York County with nearby schools including P.S. 40 Augustus Saint-Gaudens, Simon Baruch Middle School 104, and Clinton School.

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