NOT LISTED FOR SALE

Estimated Value: $3,525,000 - $4,348,000

3 Beds
3 Baths
2,400 Sq Ft
$678/mo HOA Fee

Last Sold May 06, 2016

Last sale price $3,775,000 $1,573 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $24,959/month

74 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (4,6 Line)
  • 4-minute walk to Madison Square Park
  • Sixth Avenue Elementary School Rated A

About This Home

As of May 2016

Situated just off Park Ave South on one of the most desirable blocks in the Gramercy District, this intimate pre-war loft condominium is nestled on a discreet tree-lined street. The elevator arrives directly into this stunning residence, opening to a sprawling home whose proportions and depth are unrivaled. This loft has dramatic ceiling heights in excess of 10.5, a living room that spans over 30 feet, and includes 6 deep-set windows running the entire length of the room that floods this loft with superb light and exposes beautiful tree top views. Every detail has been thought about and customized, including brand new central air conditioning units, gleaming five inch plank tongue and groove white oak museum-style flooring. Crisp and linear kitchen is outfitted with ebony "Arclinea" cabinetry complimented by a sleek steel trim detail, top of the line Gaggenau convection ovens, an impressive 6-burner gas range that vents out and a four refrigerator system plus garbage disposal. The kitchen also has gleaming stainless steel counter tops that run the entire length of the preparation area with beautiful thick Black stone bar and counter top. This residence has all two bedrooms and a home office that functions as another bedroom, located away from the great room providing excellent privacy, and like the living room, receives superb light. Each is well proportioned, and includes thoughtfully designed closet space. Two spa-level bathrooms, with the master bathroom featuring a state-of-the-art "Toto" toilet and a deep soaking tub with separate dramatic ceiling rain shower and a great custom ipe-slatted shower insert, two separate sinks that are all clad with big stunning large slab custom cut Carrara marble. These bathrooms all come equipped with stunning "Dornbracht" fixtures. This is just one example of the level of finish that sets this residence apart. An additional powder room is discretely located just off the great room, which also is outfitted in large slab Carrara marble and a "Duravit" toilet. A vented-out washer and dryer is situated in the gallery hallway. This is an understated yet beautiful home. Located next to some of the best dining experiences in New York City, as well as all major transportation. A stone throws away from some of the best parks and green markets downtown. This residence comes with one's own very large private storage space. This loft is for the discerning buyer and not to be missed. Sorry not pets allowed

Last Agent to Sell the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 01/21/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,272

Year Built

  • Built in 1920

Lot Details

  • 3,311

HOA Fees

  • $678 Monthly HOA Fees

Home Design

  • 2,400 Sq Ft Home
  • Pre War Building
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling

Community Details

  • 10 Units
  • L'elysee Condo
  • Flatiron Subdivision
  • 10-Story Property

Listing and Financial Details

  • Tax Block 851

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,272

Year Built

Built in 1920

Lot Details

0

HOA Fees

$678 per month

Listing Details

  • Cross Street: Park Avenue So. & Broadway
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: FLATIRON
  • Architectural Style: Prewar
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Living Area: 2400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 678.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: L'Elysee Condo
  • Units: 10
  • Total Stories: 10
  • Year Built: 1920

Tax Info

  • Tax Block: 851
  • Tax Annual: 34272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
May 6, 2016
Sold by
Fisher Dramov Llc and % Roma Design Group
Bought by
Surajani Suraj
Seller's Agent
Frances Katzen
Douglas Elliman Real Estate
List Price
$3,950,000
Sold Price
$3,775,000
Premium/Discount to List
-$175,000
-4.43%
Current Estimated Value
$3,836,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,745
Avg. Annual Appreciation
0.17%
Original Mortgage
$1,000,000
Outstanding Balance
$789,913
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,046,832

Purchase Details

Closed on
Nov 14, 2011
Sold by
Stopnik Heather and Stopnik Matthew Ross
Bought by
Fisher Dramov Llc

Purchase Details

Closed on
Sep 16, 2009
Sold by
Stopnik Matthew Ross
Bought by
Stopnik Heather and Stopnik Matthew Ross

Purchase Details

Closed on
Sep 2, 2003
Sold by
Dillulio Raymond and Interdonato Lisa
Bought by
Stopnik Matthew Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1998
Sold by
Alexander Priscilla and Fink Tova C
Bought by
Dillulio Ray and Dillulio Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.37%
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
Surajani Suraj $3,775,000 --
Fisher Dramov Llc $2,800,000 --
Fisher Dramov Llc $2,800,000 --
Stopnik Heather -- --
Stopnik Heather -- --
Stopnik Matthew Ross $1,672,000 --
Stopnik Matthew Ross $1,672,000 --
Dillulio Ray $750,000 Chicago Title Insurance Co
Dillulio Ray $750,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surajani Suraj $1,000,000
Previous Owner Stopnik Matthew Ross $1,100,000
Previous Owner Dillulio Ray $525,000
Closed Stopnik Matthew Ross $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $3,775,000 -4.4% $1,573 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $3,950,000 -- $1,646 / 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 $48,946 $391,112 $41,041 $350,071
2024 $48,946 $391,503 $41,041 $350,462
2023 $38,743 $389,787 $41,041 $348,746
2022 $37,641 $400,641 $41,041 $359,600
2021 $43,924 $371,546 $41,041 $330,505
2020 $35,877 $411,476 $41,041 $370,435
2019 $34,647 $402,250 $41,041 $361,209
2018 $39,219 $343,633 $41,041 $302,592
2017 $36,549 $321,776 $41,041 $280,735
2016 $34,897 $316,052 $41,041 $275,011
2015 $17,320 $387,536 $41,040 $346,496
2014 $17,320 $348,010 $41,041 $306,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10081502

Real Estate Board of New York (REBNY)

APN: 0851-1502