NOT LISTED FOR SALE

Estimated Value: $1,141,000 - $1,186,000

1 Bed
1 Bath
750 Sq Ft
$868/mo HOA Fee

Last Sold August 02, 2024

Last sale price $1,135,000 $1,513 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,116/month

11 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to 23 Street (4,6 Line)
  • Central Air
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Entrance Foyer
  • Garage

About This Home

As of August 2024

We have an accepted offer with 9 days on market!

Gramercy Place offers for sale this elegant and private one bedroom home with brand new wood floor and base molding, recessed lighting, and interior doors with a spacious living room that accommodates a dining area. The bedroom easily fits a king size bed and has a walk-in closet. The kitchen features stone floor, pass-through breakfast bar, all maple wood cabinetry, stone counter tops, a Bosch dishwasher, and stainless-steel appliances. The full-size bathroom is nicely tiled and has a bathtub shower combo. This home features ample closets with the option for a washer dryer conversion allowed by the building.

As a primary residence condominium with all newly renovated roof top decks with glass panels, lighting, furnishings, planters, and a state-of-the-art gym, pool, Jacuzzi, sauna, steam rooms for a luxurious lifestyle, a perfect pied-a-terre, or desirable investment property. Amenities include 24hr Concierge, doorman services, garden level playground, bike room, storage, and on-site laundry. The operational equipment recently upgraded a new water filtration system, conversion of boilers to high tech computerized boilers, and an emergency generator.

The Gramercy Place Condominium located in Gramercy Park a highly desirable neighborhood near the Iconic Flatiron building, Union Square Park, Fifth Avenue’s luxury retail shops, Madison Ave Park, Museums, Elementary and High Schools, Higher Education, NYU Hospitals, fine dining and amazing food markets and neighboring Chelsea, the Meatpacking District, Midtown and Grand Central.

Last Agent to Sell the Property

Maritza Diaz

R New York License #10401225510 Listed on: 05/30/2024

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,946

Year Built

  • Built in 1986

HOA Fees

  • $868 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 750 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 850

Community Details

Overview

  • High-Rise Condominium
  • Flatiron District Subdivision
  • 27-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,946

Year Built

Built in 1986

Lot Details

0

HOA Fees

$868 per month

Listing Details

  • Cross Street: East 21st Street/East 22nd Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron District
  • Entry Level: 3
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 750.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Storage, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 867.67
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 27
  • Year Built: 1986

Tax Info

  • Tax Block: 850
  • Tax Lot: 7503
  • Tax Annual: 10946.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 2, 2024
Sold by
Kwak Alice Jeungha and Kwak Kwak
Bought by
280 Litzsinger Park Avenue South Llc
Seller's Agent
Maritza Diaz
R New York
List Price
$1,175,000
Sold Price
$1,135,000
Premium/Discount to List
-$40,000
-3.4%
Views
4
Current Estimated Value
$1,159,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,465
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Nov 29, 2022
Sold by
Alice Jeungha Kwak Co-Trustee and Michelle Kwak Co-Trustee
Bought by
Kwak Alice Jeungha and Kwak Kwak

Purchase Details

Closed on
Apr 30, 2020
Sold by
Kwak Sang J
Bought by
Alice Jeungha Kwak As Co-Trustee and Michelle Kwak As Co-Trustee
Source: Public Records

Range of Values:

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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
280 Litzsinger Park Avenue South Llc $1,135,000 --
Kwak Alice Jeungha -- --
Kwak Alice Jeungha -- --
Alice Jeungha Kwak As Co-Trustee -- --
Alice Jeungha Kwak As Co-Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $1,135,000 -3.4% $1,513 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $1,175,000 0.0% $1,567 / Sq Ft
06/10/2024 06/10/24 Off Market $1,175,000 -- --
05/31/2024 05/31/24 For Sale $1,175,000 0.0% $1,567 / Sq Ft
04/01/2021 04/01/21 For Rent $3,400 -22.7% --
04/01/2021 04/01/21 Rented -- -- --
07/23/2018 07/23/18 Rented -- -- --
06/23/2018 06/23/18 Under Contract -- -- --
06/18/2018 06/18/18 For Rent -- -- --
09/10/2015 09/10/15 For Rent $4,400 -- --
09/10/2015 09/10/15 Rented -- -- --
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 $12,916 $103,646 $14,610 $89,036
2024 $12,916 $103,310 $14,610 $88,700
2023 $9,690 $105,349 $14,610 $90,739
2022 $9,902 $103,391 $14,610 $88,781
2021 $12,025 $103,831 $14,610 $89,221
2020 $10,313 $115,575 $14,610 $100,965
2019 $9,966 $109,136 $14,610 $94,526
2018 $11,905 $108,132 $14,610 $93,522
2017 $11,934 $110,706 $14,610 $96,096
2016 $11,083 $103,187 $14,610 $88,577
2015 $5,428 $93,126 $14,610 $78,516
2014 $5,428 $101,913 $14,610 $87,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10978142

Real Estate Board of New York (REBNY)

APN: 0850-1214