NOT LISTED FOR SALE

Estimated Value: $603,000 - $663,000

-- Bed
1 Bath
475 Sq Ft
$350/mo HOA Fee

Last Sold November 08, 2021

Last sale price $600,000 $1,263 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,130/month

29 Days on Market

Highlights

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

About This Home

As of November 2021

This extra large alcove studio with LOW monthly maintenance is located in the I.M.Pei designed Kip's Bay Towers community on the most convenient block of Kip's Bay. The building sits up on a hill so this quiet 4th floor unit has an elevation closer to an 8th floor unit with bright North facing skyline views. The extra large windows spanning the entire wall in the main room give this studio TONS of natural light. This spacious unit boasts a truly impressive amount of storage with two hallways of CUSTOM CALIFORNIA CLOSETS and your own separate dressing area! The kitchen (with a dishwasher!) is separate from the main room which creates a separation of space and allows for tons of extra storage space. All appliances are in good working condition and the Air Conditioner/Heating unit is BRAND NEW. It gets better...the building has many great amenities including a PRIVATE OUTDOOR PARK! It is one of the largest private resident parks in Manhattan featuring a garden, lush landscaping, a playground, basketball court, ping-pong table, and plenty of space to lounge, picnic, or outdoor entertain, it's like having your own backyard! Don't miss this opportunity to own in one of the most sought after condo communities in the area.

Kip's Bay Towers has low monthly maintenance, 24-hour doorman services, live-in resident manager, live-in super, full staff of handymen, on-site management office, newly renovated lobby, laundry room, bike room, fitness center, concierge services, and a one of the largest private resident parks in the city. Fairway and Trader Joe's within a block, the M15 across the street, the 6 train within 3 blocks, the East River ferry nearby on 34th, and two Citibike stations outside...you are steps away from anywhere in the city!

Cats are allowed. Sorry, no dogs.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1961

Lot Details

  • North Facing Home
  • Garden

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Full Bathroom

Community Details

  • 538 Units
  • Kips Bay Towers Condos
  • Middle East Side Subdivision
  • 21-Story Property

Listing and Financial Details

  • Tax Block 00936

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,800

Year Built

Built in 1961

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Cross Street: 2 AVENUE and 1 AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • 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: 00936
  • Tax Annual: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 8, 2021
Sold by
Berkley Sarah
Bought by
Sun Angela
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Current Estimated Value
$628,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,686
Avg. Annual Appreciation
1.15%
Original Mortgage
$450,000
Outstanding Balance
$411,480
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,206

Purchase Details

Closed on
Dec 6, 2013
Sold by
Chatel Marie-Helene
Bought by
Berkley Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Rais Elliot
Bought by
Chatel Bertrand

Purchase Details

Closed on
May 22, 1996
Sold by
Wagner Gail Hope
Bought by
Rais Elliot

Purchase Details

Closed on
Sep 12, 1994
Sold by
Wagner Gail Hope and Wyman Belle
Bought by
Wagner Gail Hope
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
Sun Angela $600,000 --
Sun Angela $600,000 --
Berkley Sarah $427,000 --
Berkley Sarah $427,000 --
Chatel Bertrand $288,000 --
Chatel Bertrand $288,000 --
Rais Elliot $96,000 Chicago Title Insurance Co
Rais Elliot $96,000 Chicago Title Insurance Co
Wagner Gail Hope -- Commonwealth Land Title Ins
Wagner Gail Hope -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Angela $450,000
Closed Sun Angela $450,000
Previous Owner Berkley Sarah $277,000
Closed Chatel Bertrand $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $600,000 -- --
04/20/2022 04/20/22 Off Market $1,975 -- --
11/08/2021 11/08/21 Sold $600,000 -2.4% $1,263 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $615,000 0.0% $1,295 / Sq Ft
10/14/2020 10/14/20 Rented -- -- --
10/14/2020 10/14/20 Rented $1,975 -8.9% --
10/01/2020 10/01/20 Under Contract -- -- --
08/26/2020 08/26/20 For Rent $2,169 -- --
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 $5,643 $45,874 $8,823 $37,051
2024 $5,643 $45,138 $8,823 $36,315
2023 $4,532 $44,784 $8,823 $35,961
2022 $5,310 $45,405 $8,823 $36,582
2021 $5,085 $41,453 $8,823 $32,630
2020 $5,089 $45,914 $8,823 $37,091
2019 $4,853 $44,882 $8,823 $36,059
2018 $4,606 $39,374 $8,823 $30,551
2017 $4,491 $41,801 $8,823 $32,978
2016 $4,285 $34,546 $8,823 $25,723
2015 $2,360 $32,389 $8,823 $23,566
2014 $2,360 $32,338 $8,823 $23,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10028676

Real Estate Board of New York (REBNY)

APN: 0936-3048