NOT LISTED FOR SALE

Estimated Value: $1,189,000 - $1,456,000

2 Beds
2 Baths
1,149 Sq Ft
$1,041/mo HOA Fee

Last Sold November 09, 2023

Last sale price $1,325,000 $1,153 Per Sq Ft

Current estimated payment $9,383/month

22 Days on Market

Highlights

  • River View
  • Garage
  • High-Rise Condominium
  • River School (The) Rated A
  • South Facing Home
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of November 2023

Sponsor Sale. No board package required.

Incredibly spacious and bright 2 bedroom, 2 bathroom at the highly sought after Kips Bay Towers Condominiums. This roughly 1200 SF home will fit all of your needs and allows for seamless separation between the living and dining room. Enjoy all day light from your south facing wall to wall windows overlooking the buildings private park. The galley kitchen provides ample counter and cabinet space and can be opened to the dining area if so desired. Both bedrooms are generous in size and can easily fit king sized beds, with the primary bedroom having its own en-suite bathroom. The kitchen and bathrooms are in original but well kept condition. There are newly updated HVAC units in the apartment including two in the living room allowing for the potential of a flexible third bedroom. There are hardwood floors throughout which remain in excellent condition and plentiful closet space.

Please contact the listing agent as all open houses are by appointment per building rules.

Kips Bay Towers Condominium was designed by World famous architect I.M. Pei. The building amenities include a 24/7 doorman with concierge service, a recently renovated lobby, state of the art fitness center, laundry room with on-site valet and dry cleaning service, bike room, storage and trunk rooms. Best of all the building is host to one of New York City's largest private parks, at three acres this is one of the most coveted amenities in all of NYC. The park includes many seating areas, a full basketball court and a playground all of which are exclusive to building residents. Sorry, no dogs permitted. There is a current capital assessment of $210.93 . Please note that the taxes listed are before any potential abatement discount.

Open Houses by appointment only per building rules. Please see the video at the end of the ad.

Last Agent to Sell the Property

Joseph Somerstein

Brown Harris Stevens Residential Sales LLC License #10401276399 Listed on: 09/05/2023

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,056

Year Built

  • Built in 1961

HOA Fees

  • $1,041 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1,149 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • South Facing Home
  • No Cooling

Community Details

  • 838 Units
  • High-Rise Condominium
  • Kips Bay Towers Condos
  • Kips Subdivision
  • 21-Story Property

Listing and Financial Details

  • Legal Lot and Block 0002 / 00936

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,056

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,041 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: KIPS
  • Entry Level: 8
  • Structure Type: High Rise
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 1149.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: River
  • View: Yes
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1041.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: KIPS BAY TOWERS
  • Units: 838
  • Total Stories: 21
  • Year Built: 1961

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00936
  • Tax Lot: 0002
  • Tax Annual: 16056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 9, 2023
Sold by
Jober Bh Eastside Condo Llc
Bought by
Bernales Trustee Robert G and Chan Trustee Sylvia W
Seller's Agent
Joseph Somerstein
Brown Harris Stevens Residential Sales LLC
List Price
$1,325,000
Sold Price
$1,325,000
Views
9
Current Estimated Value
$1,323,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,709
Avg. Annual Appreciation
-0.22%
Original Mortgage
$1,060,000
Outstanding Balance
$1,041,083
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$277,890

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
Bernales Trustee Robert G $1,337,090 --
Tremada Bh Eastside Condo Llc $19,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernales Trustee Robert G $1,060,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $1,325,000 0.0% $1,153 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,325,000 -- $1,153 / 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 $16,496 $134,102 $25,790 $108,312
2024 $16,496 $131,950 $25,791 $106,159
2023 $16,060 $130,919 $25,792 $105,127
2022 $15,524 $132,732 $25,792 $106,940
2021 $14,865 $121,179 $25,792 $95,387
2020 $14,877 $134,217 $25,792 $108,425
2019 $14,189 $131,199 $25,792 $105,407
2018 $13,465 $115,098 $25,792 $89,306
2017 $13,130 $122,194 $25,792 $96,402
2016 $12,529 $100,986 $25,792 $75,194
2015 $8,331 $94,680 $25,793 $68,887
2014 $8,331 $94,532 $25,793 $68,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10916917

Real Estate Board of New York (REBNY)

APN: 0936-3101