NOT LISTED FOR SALE

Estimated Value: $880,000 - $1,047,000

1 Bed
1 Bath
855 Sq Ft
$813/mo HOA Fee

Last Sold July 17, 2024

Last sale price $990,000 $1,158 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,951/month

70 Days on Market

Highlights

  • Basketball Court
  • Wood Flooring
  • Garden
  • River School (The) Rated A
  • Courtyard
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of July 2024

Sponsor Sale. No board approval or condo application.

Easily convert this massive 1 bedroom apartment at I.M. Pei’s Kips Bay Towers Condominium into your legal 2 bedroom dream home!

This corner unit features 50 linear sq ft of nearly floor to ceiling windows, with great light all day, and open city views. There's an enormous living room, separate dining area, king-size bedroom, and four closets. All this, plus amazingly low common charges and taxes. There is currently an ongoing capital assessment of $288 per month.

Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball and pickleball courts. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside.

Last Agent to Sell the Property

Jason Lee

Compass License #10401216147 Listed on: 04/22/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,296

Year Built

  • Built in 1961

HOA Fees

  • $813 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 855 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • Basketball Court
  • Courtyard

Additional Features

  • Garden
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3039 / 00936

Community Details

Overview

  • 280 Units
  • High-Rise Condominium
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,296

Year Built

Built in 1961

Lot Details

0

HOA Fees

$813 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 3
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 855.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Basketball Court, Courtyard, Garden

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 813.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 280
  • Total Stories: 21
  • Year Built: 1961

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00936
  • Tax Lot: 3039
  • Tax Annual: 10296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 17, 2024
Sold by
Jober Bh Eastside Condo Llc and Tremada Bh Eastside Condo Llc
Bought by
Lee Christine Yu-Feng
Seller's Agent
Jason Lee
Compass
List Price
$1,000,000
Sold Price
$990,000
Premium/Discount to List
-$10,000
-1%
Views
26
Current Estimated Value
$966,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,339
Avg. Annual Appreciation
-1.73%

Purchase Details

Closed on
Feb 17, 2022
Sold by
Kips Bay Llc
Bought by
Tremada Bh Eastside Condo Llc
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
Lee Christine Yu-Feng $990,000 --
Tremada Bh Eastside Condo Llc $19,350,000 --
Tremada Bh Eastside Condo Llc $19,350,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $990,000 -1.0% $1,158 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $1,000,000 -- $1,170 / 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 $12,586 $102,313 $19,677 $82,636
2024 $12,586 $100,671 $19,677 $80,994
2023 $12,253 $99,884 $19,678 $80,206
2022 $11,844 $101,267 $19,678 $81,589
2021 $11,341 $92,452 $19,678 $72,774
2020 $11,350 $102,400 $19,678 $82,722
2019 $10,825 $100,098 $19,678 $80,420
2018 $10,273 $87,813 $19,678 $68,135
2017 $10,018 $93,227 $19,678 $73,549
2016 $9,559 $77,046 $19,678 $57,368
2015 $6,356 $72,235 $19,678 $52,557
2014 $6,356 $72,122 $19,678 $52,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10993783

Real Estate Board of New York (REBNY)

APN: 0936-3039