$1,775,000
SOLD APR 5, 2016
1 Bed
1.5 Baths
947 Sq Ft
$1,659/mo HOA Fee

Recently Sold

$1,874 Per Sq Ft

3% Above List Price

662 Days on Market

Highlights

  • Full Time Lobby Attendant
  • Newly Remodeled
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • Rooftop Deck
  • 3-minute walk to Greenacre Park

About This Home

As of April 2016

Superior 947 SF one bedroom, one and one half bath residence at 301 East 50th Street. Gracious interiors feature 5" wide plank solid oak wood floors, 10' ceilings, 8' solid core doors, high performance multi-zone heat and cooling system, motorized shades, side-by-side Bosch washer/dryers, and city-quiet low-e glass windows. The CookFox designed kitchen is equipped with professional-grade Gaggenau appliances, Dornbracht faucet with filtered instant hot/cold water spout and U-line wine refrigerator, and is complemented by Caesarstone countertops and Bianco Dolemiti marble backsplash. The en-suite Master bath is lavishly appointed with Bianco Dolomiti marble, Waterworks bath and fixtures, Calacatta Gold bow-tie mosaic flooring, and lighting fixtures designed by CookFox. The additional powder room offers Waterworks bath and fixtures and mosaic white marble or limestone flooring. Spacious bedrooms, a stately foyer and gallery and streaming sunlight provide for an exceptional lifestyle.

301 East 50th Street, a stunning new 29 story luxury limestone condominium, offers a timeless yet contemporary approach to living. Designed by CookFox, this full-service 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 ceilings, elegant spa with private treatment room, steam room, sauna, tea lounge and a terrace/yoga deck, all complimentary for residents. Additional central laundry room, cold storage, pet grooming room and bike storage are also available. State of the art air filtration and storm ready features for peace of mind. Poised between the quiet residential enclaves of Sutton and Beekman place, 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. 421A/Tax Abatement pending.

Last Agent to Sell the Property

Bertrand Buchin

Douglas Elliman Real Estate License #10301202558 Listed on: 05/13/2014

Douglas Elliman Real Estate

Co-Listed By

Joan Swift

Douglas Elliman Real Estate License #10301202913

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,686

Year Built

  • Built in 2015 | Newly Remodeled

HOA Fees

  • $1,659 Monthly HOA Fees

Home Design

  • 947 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1.5 Bathrooms

Additional Features

  • Rooftop Deck
  • No Cooling

Community Details

Overview

  • 57 Units
  • 5 Elevators
  • Turtlbay Subdivision
  • Rental Restrictions
  • 29-Story Property

Amenities

  • Full Time Lobby Attendant
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,686

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$1,659 per month

Listing Details

  • Cross Street: 1st/2nd Aves
  • Delivered Vacant: No
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TURTLBAY
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 29

Interior Features

  • Living Area: 947.0
  • Living Area Units: Square Feet
  • Floor Number: 8

Beds/Baths

  • Bathrooms Total: 1.5
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1659.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Elevators: 5
  • Units: 57
  • Total Stories: 29
  • Year Built: 2015
  • Lobby Attendance Type: LobbyAttendantFullTime

Rental Info

  • Renting Allowed: No

Tax Info

  • Tax Block: 0
  • Building Tax Lot: 0

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
$1,444,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$330,003
Avg. Annual Appreciation
-2.35%
Original Mortgage
$887,500
Outstanding Balance
$709,860
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$712,285
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,809,394 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $887,500 Purchase Money Mortgage
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
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 $13,686 $168,288 $22,254 $146,034
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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10079503

Real Estate Board of New York (REBNY)

APN: 1343-1520