NOT LISTED FOR SALE

Estimated Value: $650,000 - $742,000

-- Bed
1 Bath
550 Sq Ft
$396/mo HOA Fee

Last Sold February 01, 2024

Last sale price $700,000 $1,273 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,500/month

8 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 February 2024

Extra-large alcove studio at renowned I.M. Pei designed Kips Bay Towers condominium. This is the largest studio layout in the building. This home features wall-to-wall windows allowing great light and open city views, a large living area with plenty of room for a variety of furniture arrangements, and many closets. The large kitchen can be completely opened to the living area to create a huge loft like feel. All this, plus amazingly low common charges and taxes! There is currently an ongoing capital assessment of $143 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, beautifully renovated lobby, 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 court. 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: 11/20/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 1961

Lot Details

  • North Facing Home
  • Garden

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 550 Sq Ft Home
  • Wood Flooring

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • Basketball Court
  • Courtyard

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3060 / 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

$4,812

Year Built

Built in 1961

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 5
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 550.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 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: 396.0
  • 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: 3060
  • Tax Annual: 4812.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 1, 2024
Sold by
Elizabeth Griffith As Trustee and The Harry Macy Revocable Trust
Bought by
Sussman Marc Steven and Sussman Michele Eileen
Seller's Agent
Jason Lee
Compass
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Views
414
Current Estimated Value
$684,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,575
Avg. Annual Appreciation
-1.24%

Purchase Details

Closed on
Sep 6, 2023
Sold by
Macy Harry and Macy Harry
Bought by
Elizabeth Griffith Trustee and Harry Macy Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sussman Marc Steven $700,000 --
Sussman Marc Steven $700,000 --
Elizabeth Griffith Trustee -- --
Elizabeth Griffith Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $700,000 +7.7% $1,273 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $650,000 0.0% $1,182 / Sq Ft
08/02/2021 08/02/21 For Rent $2,950 -- --
08/02/2021 08/02/21 Rented -- -- --
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 $5,997 $51,105 $9,828 $41,277
2024 $5,997 $50,285 $9,829 $40,456
2023 $4,814 $49,892 $9,829 $40,063
2022 $4,641 $50,583 $9,829 $40,754
2021 $5,363 $46,180 $9,829 $36,351
2020 $4,437 $51,149 $9,829 $41,320
2019 $4,218 $50,000 $9,829 $40,171
2018 $4,836 $43,864 $9,830 $34,034
2017 $4,785 $46,568 $9,830 $36,738
2016 $4,470 $38,485 $9,829 $28,656
2015 $2,438 $36,082 $9,829 $26,253
2014 $2,438 $36,026 $9,830 $26,196
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10933191

Real Estate Board of New York (REBNY)

APN: 0936-3060