291 7th Ave Unit 10 New York, NY 10001
NoMad NeighborhoodEstimated Value: $3,286,000 - $7,053,000
5
Beds
3
Baths
4,900
Sq Ft
$2,493/mo
HOA Fee
Highlights
- Pre War Building
- 1-minute walk to 28 Street (1,2 Line)
- 3-minute walk to Penn South Playground
- P.S. 33 Chelsea Prep Rated A
- Terrace
About This Home
As of January 2014Penthouse Duplex Loft in a Prewar boutique Condominium located in the heart of the Chelsea District. This beautiful 5 bedroom, 3 bathroom home has been tastefully renovated and upgraded offering superb light throughout the residence. Private keyed elevator arrives directly into formal skylit foyer that welcomes one into this soaring duplex loft. This space features approximately 12ft ceilings and generously proportioned rooms that are versatile in use. The total size of this loft is approximately 4,900 sq. ft with a phenomenal 36ft x 25ft Living room that is enhanced by a working fire place. Master corner bedroom receives superb light from oversized windows facing South and East. Large home office located off the foyer providing great function and views to the West. The windowed kitchen is sleek and equipped with Viking Professional appliances, custom cabinetry, double length drawers, Basalt stone counter tops and a sizeable eat-in area. This home is complimented by a private roof terrace with 4 sun-lit exposures. Laundry room is conveniently located in-residence.
The building features a video intercom system and additional storage. Low carry with a J-51 tax exemption in effect until 2018. Located in the heart of Chelsea, just a stone's throw away from all subway lines, high-end boutiques and in close proximity to The High Line, Whole Foods and the soon to-be-opened Fairway market. This loft residence is the epitome of versatility and contemporary style & function.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #30KA1018951 Listed on: 05/07/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $99,793
Year Built
- Built in 1907
Lot Details
- 4,008
HOA Fees
- $2,493 Monthly HOA Fees
Home Design
- 4,900 Sq Ft Home
- Pre War Building
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Terrace
Community Details
- 8 Units
- Chelsea Subdivision
- 10-Story Property
Listing and Financial Details
- Tax Block 802
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2018
Sold by
Cheng Tai-Heng
Bought by
291 7Th Avenue Ph-10-11 Llc
Current Estimated Value
Purchase Details
Listed on
May 7, 2013
Closed on
Jan 31, 2014
Sold by
Suskind Barnett J
Bought by
Cheng Tai-Heng
Seller's Agent
Frances Katzen
Douglas Elliman Real Estate
List Price
$4,950,000
Sold Price
$4,600,000
Premium/Discount to List
-$350,000
-7.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$1,100,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2001
Sold by
291 Seventh Avenue Realt
Bought by
Suskind Barnett J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
7.18%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 291 7Th Avenue Ph-10-11 Llc | -- | -- | |
| Cheng Tai-Heng | $4,600,000 | -- | |
| Suskind Barnett J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 291 7Th Avenue Ph-10-11 Llc | $1,500,000 | |
| Previous Owner | Cheng Tai-Heng | $1,100,000 | |
| Previous Owner | Cheng Tai-Heng | $1,011,750 | |
| Previous Owner | Cheng Tai-Heng | $163,250 | |
| Previous Owner | Cheng Tai-Heng | $1,175,000 | |
| Previous Owner | Suskind Barnett J | $17,317 | |
| Previous Owner | Suskind Barnett J | $1,010,174 | |
| Previous Owner | Suskind Barnett J | $1,387,500 | |
| Closed | Cheng Tai-Heng | $2,350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2014 01/31/14 | Sold | $4,600,000 | -7.1% | $939 / Sq Ft |
| 01/01/2014 01/01/14 | Pending | -- | -- | -- |
| 05/20/2013 05/20/13 | For Sale | $4,950,000 | -- | $1,010 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $99,793 | $798,219 | $70,222 | $727,997 |
| 2023 | $98,824 | $831,325 | $70,222 | $761,103 |
| 2022 | $100,919 | $825,442 | $70,222 | $755,220 |
| 2021 | $101,847 | $830,250 | $70,222 | $760,028 |
| 2020 | $2,781 | $919,617 | $70,222 | $849,395 |
| 2019 | $98,875 | $898,931 | $70,222 | $828,709 |
| 2018 | $92,998 | $867,539 | $70,222 | $797,317 |
| 2017 | $71,139 | $784,886 | $70,222 | $714,664 |
| 2016 | $53,827 | $747,053 | $70,222 | $676,831 |
| 2015 | -- | $647,070 | $70,222 | $576,848 |
| 2014 | -- | $609,329 | $70,222 | $539,107 |
Source: Public Records
Agents Affiliated with this Home
-
Frances Katzen
Seller's Agent in 2014
Frances Katzen
Douglas Elliman Real Estate
(212) 350-8575
1 in this area
117 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10042836
APN: 0802-1112
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