NOT LISTED FOR SALE

Estimated Value: $593,000 - $626,000

-- Bed
1 Bath
485 Sq Ft
1961 Built

Last Sold May 10, 2022

Last sale price $599,000 $1,235 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,727/month

Highlights

  • Garage
  • North Facing Home
  • 3-minute walk to Vincent F Albano Jr Playground
  • River School (The) Rated A

About This Home

As of January 2023

Be the very first to live in this triple mint renovated extra-large, high floor alcove studio at renowned I.M. Pei designed Kips Bay Towers, featuring wall-to-wall windows with beautiful light and amazing north facing views of the city.

The designer kitchen features quartz countertops and backsplash, modern cabinetry and stainless-steel appliances including Miele dishwasher, LG refrigerator, Caf microwave, and Jen Air gas range and oven. Dark grey porcelain tile and oil rubbed bronze fixtures were carefully selected for the brand-new bathroom in addition to large vanity, recessed medicine cabinet and tasteful lighting. Adjacent to the bathroom is a walk-in closet and dressing or home office area.

Gorgeous dark stained hardwood parquet flooring throughout, four large closets providing ample storage, all new LED light fixtures, and built-in a/c and heating round out this well laid out space.

Kips Bay Towers is a full service condominium with myriad amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, state of the art fitness center, large laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, beautifully renovated lobby, and 3+ acre private garden for residents which features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, playground with sprinkler, and full-size basketball court. Within blocks of Fairway, Trader Joes, Target and the 6 train, M15 across the street, East River ferry, and two Citibike stations just outside the building.

No pets allowed. Broker and condominium fees apply.

Last Agent to Rent the Property

Kathryn GODLEY

Corcoran Group License #10401296051 Listed on: 11/01/2022

Corcoran Group

Co-Listed By

Tom Ventura

Corcoran Group License #10401309681

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,002

Year Built

  • Built in 1961

Parking

  • Garage

Home Design

  • 485 Sq Ft Home
  • Entry on the 11th floor

Additional Features

  • 1 Full Bathroom
  • North Facing Home

Community Details

  • 538 Units
  • Kips Bay Towers Condos
  • Murray Hill Kips Bay Subdivision
  • 21-Story Property

Listing and Financial Details

  • Property Available on 10/18/22

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,002

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Available Date: 2022-10-18

Listing Details

  • Cross Street: 2 AVENUE and 1 AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Murray Hill Kips Bay
  • Entry Level: 11
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Living Area: 485.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: KIPS BAY TOWERS
  • Units: 538
  • Total Stories: 21
  • Year Built: 1961

Tax Info

  • Tax Block: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
May 10, 2022
Sold by
Westberg Maxine L
Bought by
West Fourth Partners Llc
Seller's Agent
Jason Lee
Compass
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$612,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,863
Avg. Annual Appreciation
0.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
West Fourth Partners Llc $599,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Rented $3,350 0.0% --
11/29/2022 11/29/22 Price Changed $3,350 -10.7% $7 / Sq Ft
11/01/2022 11/01/22 Price Changed $3,750 -10.7% $8 / Sq Ft
11/01/2022 11/01/22 For Rent $4,200 0.0% --
05/10/2022 05/10/22 Sold $599,000 0.0% $1,235 / Sq Ft View Prior Sale
02/23/2022 02/23/22 For Sale $599,000 -- $1,235 / 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 $6,002 $48,791 $9,384 $39,407
2024 $6,002 $48,008 $9,384 $38,624
2023 $5,843 $47,632 $9,384 $38,248
2022 $4,126 $48,293 $9,384 $38,909
2021 $4,697 $44,089 $9,384 $34,705
2020 $3,925 $48,833 $9,384 $39,449
2019 $3,682 $47,736 $9,384 $38,352
2018 $4,252 $41,877 $9,384 $32,493
2017 $4,308 $44,459 $9,384 $35,075
2016 $3,941 $36,743 $9,384 $27,359
2015 $2,141 $34,448 $9,384 $25,064
2014 $2,141 $34,394 $9,384 $25,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10823051

Real Estate Board of New York (REBNY)

APN: 0936-3147