$1,680,000
SOLD SEP 30, 2019
2 Beds
2 Baths
1,166 Sq Ft
$825/mo HOA Fee

Recently Sold

$1,441 Per Sq Ft

9% Below List Price

99 Days on Market

About This Home

As of September 2019

TRIPLEX CONDO 2BDR/2BTH PERFECTION

Offering the best TRUE 2-bedrom, 2-full bath layout at The Rutherford Place condominiums, Unit 501 is expertly laid out giving both bedrooms ultimate privacy as they are located on different levels of the triplex with a jaw-dropping living room space in between that boasts 16' ceilings and a 12' tall North facing portrait window. Both bedrooms feature bright Southern exposure with en suite or adjacent full bathrooms and excellent storage space. The piece de resistance is the 37' foot long main room that features a separate dining alcove, open kitchen with large granite island, home office and glamorous living space with incredible vertical storage through a floor-to-ceiling built-in replete with library ladder.

Additional features of the home include oak hardwood flooring throughout, customized California closets, Poggenpohl cherry cabinetry, integrated Sub Zero refrigerator, Viking gas range, Bosch dishwasher and custom bar area with wine refrigerator. The apartment is extremely quiet and peaceful while at the same time offering a grand entertaining space for dinner parties and having guests over.

Rutherford Place is a Pre-War condo building built by JP Morgan, and designed by architect Robert Henderson Robertson in 1902 in a classical Beaux Arts style. The building has a 24-hour doorman/concierge, laundry on every floor, bike storage, resident manager, rooftop fitness center and landscaped roof terrace, and on-site valet and housekeeping. Located in Gramercy between 17th and 18th Streets, across from Stuyvesant Park, within short proximity to Union Square, East Village and the Flatiron. Come experience this unique home today!

Last Agent to Sell the Property

Hunie Kwon

Compass License #30KW0967120 Listed on: 04/22/2019

Compass

Co-Listed By

Grace Steel

Compass License #10301204136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,108

Year Built

  • Built in 1950

HOA Fees

  • $825 Monthly HOA Fees

Home Design

  • 1,166 Sq Ft Home
  • Entry on the 99th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 127 Units
  • Rutherford Place Condos
  • Gramercy Subdivision
  • 10-Story Property

Listing and Financial Details

  • Tax Block 898

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,108

Year Built

Built in 1950

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Cross Street: East 17th & 18th Streets
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: GRAMERCY
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Living Area: 1166.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 825.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Rutherford Place
  • Units: 127
  • Total Stories: 10
  • Year Built: 1950

Tax Info

  • Tax Block: 898
  • Tax Annual: 24108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Sep 26, 2019
Sold by
Cohen Brian and Suchman Carol
Bought by
Cole Isabelle H and Kahan Steven E
Seller's Agent
Hunie Kwon
Compass
List Price
$1,850,000
Sold Price
$1,680,000
Premium/Discount to List
-$170,000
-9.19%
Current Estimated Value
$1,751,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,628
Avg. Annual Appreciation
0.06%
Original Mortgage
$1,000,000
Outstanding Balance
$879,904
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$806,214

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jun 17, 2015
Sold by
Earls Aaron and Earls Franceska Ratay
Bought by
Cohen Brian and Suchman Carol
List Price
$1,675,000
Sold Price
$1,800,000
Premium/Discount to List
$125,000
7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Rutherford Estates Llc
Bought by
Earls Aaron and Ratay Earls Franceska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$986,400
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,680,000 --
Deed $1,800,000 --
Deed $1,233,000 --
Deed $1,233,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Purchase Money Mortgage
Previous Owner $986,400 Purchase Money Mortgage
Previous Owner $4,500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $7,995 0.0% --
12/29/2023 12/29/23 Under Contract -- -- --
10/30/2023 10/30/23 For Rent $7,995 0.0% --
09/30/2019 09/30/19 Sold $1,680,000 -9.2% $1,441 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $1,850,000 +2.8% $1,587 / Sq Ft
06/18/2015 06/18/15 Sold $1,800,000 +7.5% $1,544 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $1,675,000 -- $1,437 / 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 $25,289 $207,114 $19,372 $187,742
2024 $25,289 $202,276 $19,372 $182,904
2023 $25,310 $206,326 $19,372 $186,954
2022 $25,332 $229,145 $19,372 $209,773
2021 $27,074 $224,227 $19,372 $204,855
2020 $26,642 $248,353 $19,372 $228,981
2019 $26,031 $242,771 $19,372 $223,399
2018 $24,315 $218,519 $19,372 $199,147
2017 $23,234 $215,641 $19,372 $196,269
2016 $21,619 $198,407 $19,372 $179,035
2015 $11,309 $186,492 $19,372 $167,120
2014 $11,309 $179,177 $19,373 $159,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10560528

Real Estate Board of New York (REBNY)

APN: 0898-1082