NOT LISTED FOR SALE

Estimated Value: $866,000 - $978,000

1 Bed
1 Bath
831 Sq Ft
$712/mo HOA Fee

Last Sold December 15, 2020

Last sale price $808,000 $972 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,565/month

50 Days on Market

Highlights

  • City View
  • Garage
  • South Facing Home
  • River School (The) Rated A
  • Laundry Facilities
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of December 2020

Large, bright 1 bedroom apartment at the highly sought-after Kips Bay Towers.
This spacious home with sunny southern exposure features oversized windows facing the New York City skyline. The foyer entrance leads into the open living room with extra space for a dining area. The adjacent eat-in kitchen showcases custom wood cabinetry, stainless steel appliances and custom lighting. The kitchen also includes a washer/dryer. Additional features of this home include hardwood flooring throughout and great closet space.
Designed by renowned architect I.M. Pei, Kips Bay Towers Condominium offers top-of-the-line amenities - full-time doorman and concierge, live-in super and a full support staff, fitness center, community room, bike and private storage, laundry room and a parking garage. Residents can also enjoy the large private park with a playground and basketball court. Surrounded by an abundance of shopping, dining, entertainment and transportation all in the heart of Murray Hill.
Capital Assessment of $105.38/mo in place for 19B, as well as a Special Assessment of $63.38/mo in place until 1/31/21.

Last Agent to Sell the Property

Steven Cohen

Corcoran Group License #10301216895 Listed on: 08/18/2020

Corcoran Group

Co-Listed By

Timothy Malone

Compass License #10401312770

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,328

HOA Fees

  • $712 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 19th floor

Interior Spaces

  • 831 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • No Cooling

Community Details

Overview

  • 838 Units
  • Kipsbay Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,328

Lot Details

0

HOA Fees

$712 per month

Listing Details

  • Cross Street: First & Second Avenues
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: KIPSBAY
  • Entry Level: 19
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 831.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 712.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 838
  • Total Stories: 21

Tax Info

  • Tax Block: 0
  • Tax Annual: 11328.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Dec 15, 2020
Sold by
Floco Realty Corp
Bought by
Xiao Yuchen
Seller's Agent
Steven Cohen
Corcoran Group
List Price
$850,000
Sold Price
$808,000
Premium/Discount to List
-$42,000
-4.94%
Current Estimated Value
$912,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,953
Avg. Annual Appreciation
2.49%
Original Mortgage
$488,000
Outstanding Balance
$433,464
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,489

Purchase Details

Closed on
Oct 18, 1996
Sold by
Zahn Irwin
Bought by
Floco Realty Corp
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
Xiao Yuchen $808,000 --
Floco Realty Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Yuchen $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $808,000 -4.9% $972 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $850,000 -- $1,023 / 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 $12,549 $102,011 $19,619 $82,392
2024 $12,549 $100,373 $19,619 $80,754
2023 $10,079 $99,589 $19,620 $79,969
2022 $9,742 $100,968 $19,620 $81,348
2021 $11,308 $92,180 $19,620 $72,560
2020 $11,317 $102,098 $19,620 $82,478
2019 $10,793 $99,802 $19,620 $80,182
2018 $10,243 $87,554 $19,620 $67,934
2017 $9,988 $92,952 $19,620 $73,332
2016 $9,530 $76,819 $19,620 $57,199
2015 $5,225 $72,022 $19,620 $52,402
2014 $5,225 $71,909 $19,620 $52,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10659226

Real Estate Board of New York (REBNY)

APN: 0936-3240