NOT LISTED FOR SALE

27 Essex St Unit 5B New York, NY 10002

Chinatown Neighborhood

Estimated Value: $582,000 - $2,427,000

1 Bed
1 Bath
365 Sq Ft
$138/mo HOA Fee

Last Sold October 04, 2018

Last sale price $660,000 $1,808 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,446/month

122 Days on Market

Highlights

  • Pre War Building
  • 2-minute walk to East Broadway
  • East Facing Home
  • P.S. 42 Benjamin Altman Rated A
  • Cooling Available
  • 3-minute walk to Captain Jacob Joseph Playground

About This Home

As of October 2018

Unique LES 1 bedroom condo with ownership of partial roof rights! Envision your semi-private roof-terrace just in time for summer. Super low common charges of $138 per month and real estate taxes are equally as low at $325. 5B is a cheerful unit with three eastern facing windows overlooking lush Seward Park. The kitchen has undergone a recent renovation and features a Sub-Zero refrigerator, DeLonghi stove, and quartz counter tops. 27 Essex is at the cross section of Essex and Hester Street, in the heart of the LES. The Essex Crossing redevelopment is underway representing one of the most significant urban renewal developments in the history of New York City. There has never been a better time to call the LES home! This condo is investor and pet friendly. Located near the Hotel Indigo, Ian Schragers Public Hotel, the Essex Street Market and quick access to the F, J, M, and Z trains.

Last Agent to Sell the Property

Jill Letts

Corcoran Group License #10301207606 Listed on: 05/04/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1910

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • East Facing Home
  • Cooling Available

Community Details

  • 8 Units
  • Hessex Condos
  • Lower East Side Subdivision

Listing and Financial Details

  • Tax Block 310

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,900

Year Built

Built in 1910

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Cross Street: HESTER & GRAND
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Architectural Style: Prewar
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: Condos

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 138.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Hessex
  • Units: 8
  • Year Built: 1910

Tax Info

  • Tax Block: 310
  • Tax Annual: 3900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Oct 4, 2018
Sold by
Smith Wesley
Bought by
Plourde Roger
Seller's Agent
Jill Letts
Corcoran Group
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%
Current Estimated Value
$1,115,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,589
Avg. Annual Appreciation
7.72%
Original Mortgage
$528,000
Outstanding Balance
$460,489
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$655,100

Purchase Details

Closed on
Jun 26, 2007
Sold by
Dolatowski Kacper
Bought by
Smith Wesley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2005
Sold by
Wang Hui Zhen
Bought by
Dolatowski Kacper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2000
Sold by
Lam Pang Ching
Bought by
Wang Hui Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
7.64%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Plourde Roger $660,000 --
Smith Wesley M $435,000 --
Smith Wesley M $435,000 --
Dolatowski Kacper $257,000 --
Dolatowski Kacper $257,000 --
Wang Hui Zhen $122,000 --
Wang Hui Zhen $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plourde Roger $528,000
Previous Owner Smith Wesley M $348,000
Previous Owner Dolatowski Kacper $131,300
Previous Owner Wang Hui Zhen $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $660,000 -9.0% $1,808 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $725,000 -- $1,986 / 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 $5,626 $45,003 $4,564 $40,439
2024 $5,626 $45,002 $12,061 $39,525
2023 $5,349 $43,605 $6,370 $37,235
2022 $4,940 $89,454 $12,061 $77,393
2021 $4,586 $71,515 $12,061 $59,454
2020 $4,318 $69,437 $12,061 $57,376
2019 $4,362 $57,820 $12,061 $45,759
2018 $4,266 $33,542 $8,400 $25,142
2017 $3,950 $31,058 $9,041 $22,017
2016 $3,707 $28,758 $8,912 $19,846
2015 $2,407 $26,629 $7,335 $19,294
2014 $2,407 $26,629 $8,777 $17,852
Source: Public Records

Agents Affiliated with this Home

  • Jill Letts

    Seller's Agent in 2018

    Jill Letts

    Corcoran Group

    (917) 407-0480

    1 in this area

    62 Total Sales

    Jill Letts
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10440054

Real Estate Board of New York (REBNY)

APN: 0310-1010

New York New York County New York 10002 Chinatown

27 Essex St Unit 5B, New York, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes