NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,161,000

1 Bed
1 Bath
624 Sq Ft
$607/mo HOA Fee

Last Sold June 11, 2019

Last sale price $1,230,000 $1,971 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $7,374/month

374 Days on Market

Highlights

  • Newly Remodeled
  • Rooftop Deck
  • Laundry Facilities
  • P.S. 110 Florence Nightingale Rated A
  • Central Air
  • 2-minute walk to ABC Playground

About This Home

As of June 2019

OPEN HOUSE BY APPOINTMENT ONLY - SUNDAY March 3RD - 3:30PM - 5:00PM Please email/call for an appointmentResidence 5D is skillfully designed one bedroom with an southern exposure, city skyline views and beautiful light thru floor to ceiling windows. With airy 10 ceilings, the living/dining area offers a comfortable space to relax and entertain. The open kitchen please all cooks and features Alta custom Italian cabinetry topped with honed Carrara marble counters and slab backsplash and a full complement of Meile appliances. The sunny master bedroom boasts a generous walk in closet and ensuite master bath. The bath is spa-like with a custom vanity, walls finished in Bianco Dolomite marble tile and a luxurious, glass enclosed shower with walls and floor in Gray Danube marble tiles and slab. Completing this home are 7 whitewashed oak floors, a Meile washer and dryer and ample closets. Building amenities include a part-time doorman with virtual doorman technology, a fitness center, a landscaped common roof terrace with outdoor kitchen, bike storage, supplemental laundry and private storage (for purchase). Located on East Houston Street between Clinton and Suffolk streets, 287LES is situated in the heart of the Lower East Side and is convenient to the best shopping, restaurants, galleries and nightlife. Public transportation is nearby with the F,M, J, Z and 6 subways all easily accessible. Occupancy is anticipated for late 2018. All showings are by appointment. **"Purchasers are advised that it is estimated that the real estate taxes for the Building will total approximately $494,000 once the NYC Department of Finance assesses the fully constructed Building. This estimate, and the assumptions upon which it is based, are explained in more detail in the August 30, 2018 real estate tax projection opinion provided by Tuchman, Korngold, Weiss, Liebman & Lindemann LLP (a copy of which is included as Exhibit G in the Fifth Amendment to the Offering Plan. The monthly common charges stated reflect a 3-year subsidy paid by the sponsor. The complete offeringterms are in an offering plan available from the sponsor. File No CD15-0389. Sponsor: 287 LES JV, LLC, 535 Madison Avenue, 37th Fl, NY, NY 10022

Last Agent to Sell the Property

Shelley OKeefe

Corcoran Sunshine Marketing Group License #10301203231 Listed on: 05/02/2018

Corcoran Sunshine Marketing Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $607 Monthly HOA Fees

Home Design

  • 624 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Tax Block 350

Community Details

Overview

  • 27 Units
  • 287/Les Condos
  • Lower East Side Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,716

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Cross Street: Suffolk Street & Clinton Street
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lower East Side
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Living Area: 624.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 607.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 100.0 x 50.0

Building Info

  • New Construction: Yes
  • Building Name: 287/LES
  • Units: 27
  • Total Stories: 11
  • Year Built: 2018

Tax Info

  • Tax Block: 350
  • Tax Annual: 1716.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 12, 2019
Sold by
287 Les Jv Llc
Bought by
Smith Mark and Tzuang Sharon
Seller's Agent
Shelley OKeefe
Corcoran Sunshine Marketing Group
List Price
$1,230,000
Sold Price
$1,230,000
Current Estimated Value
$1,036,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,964
Avg. Annual Appreciation
-2.86%
Original Mortgage
$800,000
Outstanding Balance
$710,633
Interest Rate
4.1%
Mortgage Type
Unknown
Estimated Equity
$322,157
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
Smith Mark $1,184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mark $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $1,230,000 0.0% $1,971 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,230,000 -- $1,971 / 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
2024 $11,939 $95,498 $26,351 $69,147
2023 $13,354 $106,818 $26,351 $80,467
2022 $12,145 $99,730 $26,352 $73,378
2021 $11,532 $99,730 $26,352 $73,378
2020 $10,597 $110,417 $26,352 $84,065
2019 $3,282 $62,953 $26,352 $36,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415186

Real Estate Board of New York (REBNY)

APN: 0350-1414