NOT LISTED FOR SALE

Estimated Value: $1,083,000 - $1,657,000

1 Bed
2 Baths
947 Sq Ft
$1,530/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $1,775,000 $1,874 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $9,172/month

About This Home

As of April 2016

Please contact listing team to schedule a viewing. Available starting September 22, 2023 for a minimum of one year term. No pets.

Rarely available for lease, presenting a stunning 947 sq. ft. one bedroom, one and one half bathroom residence at the newly constructed luxury condominium, 301 East 50th Street.

Residence 8B features open Western views and gracious interiors including a top of the line professional-grade kitchen, radiant light, spacious room sizes, in-unit laundry and gorgeous bathrooms.

The spacious open kitchen is equipped with professional-grade Gaggenau appliances, a Dornbracht faucet with filtered instant hot/cold water spout and a U-line wine refrigerator, all complemented by Caesarstone countertops and Bianco Dolemiti marble backsplash.

The en-suite primary bathroom is lavishly appointed with Bianco Dolomiti marble, Waterworks bath and fixtures, Calacatta Gold bow-tie mosaic flooring and lighting fixtures designed by CookFox Architects. The additional powder room offers Waterworks bath and fixtures and mosaic white marble flooring.

This sunny home is an exceptional lifestyle with 5 inch wide plank solid oak wood floors, 10 foot ceilings, 8 foot solid core doors, a high performance multi-zone heat and cooling system, motorized shades, side-by-side Bosch washer/dryers and city-quiet low-e glass windows.

Designed by CookFox in 2014, this full-service condo building displays an incredible range of amenities to meet your every need, including 24-hour doorman and concierge, state-of-the-art fitness center with soaring 30 foot ceilings, an elegant spa with a private treatment room, steam room, sauna, tea lounge and a terrace/yoga deck. Additional central laundry room, cold storage, and bike storage are also available.

Poised between the quiet residential enclaves of Sutton and Beekman place and near many popular restaurants, 301 East 50th Street is steps from both the natural beauty of the East River as well as the cosmopolitan centers of business and all the conveniences that midtown Manhattan delivers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Apr 5, 2016
Sold by
303 Development Partners Llc
Bought by
Alavi Alia Hosseini and Alavi Feriedoon Hosseini
Seller's Agent
Bertrand Buchin
Douglas Elliman Real Estate
List Price
$1,725,000
Sold Price
$1,775,000
Premium/Discount to List
$50,000
2.9%
Current Estimated Value
$1,448,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$326,387
Avg. Annual Appreciation
-2.21%
Original Mortgage
$887,500
Outstanding Balance
$713,646
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$734,967

Range of Values:

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
Alavi Alia Hosseini $1,809,394 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alavi Alia Hosseini $887,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Rented $6,950 0.0% --
08/03/2023 08/03/23 Price Changed $6,950 -4.1% $7 / Sq Ft
07/21/2023 07/21/23 For Rent $7,250 +23.9% --
09/14/2020 09/14/20 Rented -- -- --
08/15/2020 08/15/20 Under Contract -- -- --
04/20/2016 04/20/16 For Rent $5,850 0.0% --
04/05/2016 04/05/16 Sold $1,775,000 +2.9% $1,874 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
05/13/2014 05/13/14 For Sale $1,725,000 -- $1,822 / Sq Ft

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
2024 $13,686 $169,792 $22,254 $147,538
2023 $13,481 $170,514 $22,254 $148,260
2022 $9,591 $167,509 $22,254 $145,255
2021 $9,146 $157,929 $22,254 $135,675
2020 $9,029 $176,349 $22,254 $154,095
2019 $9,462 $182,461 $22,254 $160,207
2018 $9,324 $176,085 $22,255 $153,830
2017 $9,840 $162,172 $22,254 $139,918
2016 $2,450 $137,994 $22,251 $115,743
Source: Public Records

Agents Affiliated with this Home

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

Map