NOT LISTED FOR SALE

Estimated Value: $5,089,000 - $6,540,000

3 Beds
3 Baths
4,713 Sq Ft
$2,750/mo HOA Fee

Last Sold May 04, 2021

Last sale price $4,750,000 $1,008 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $39,460/month

306 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 23 Street (N,R Line)
  • Eat-In Kitchen
  • P.S. 11 Sarah J. Garnet School Rated A
  • Den
  • 4-minute walk to Chelsea Green

About This Home

As of May 2021

Spectacular 4,713 square foot loft with towering 11?-5? high ceilings, three exposures and twenty-four double-sets of Citiquiet windows is in a highly sought after boutique prewar condominium. A keyed elevator opens to a stunning residence with a 45 foot x 36 foot entertaining space, a pocket home office, grand dining space and open professional sized kitchen. The newly renovated kitchen has two preparation islands with 2? thick marble countertops that cascade to the polished concrete floor. The Rejuvenation lighting is thoroughly original. A breakfast bar seats four, and overlooks the sprawling counter tops, custom designed cabinetry with soft-close drawers and doors, interior lighting, four pull-out pantry cabinets with rotating Hafele interiors, two pot drawers and incredible amount of storage. Appliances include two full-size ovens, a wall steam oven and microwave and 5-burner cook top all by Wolf. The oversized Sub-Zero refrigerator is finished to matched the cabinetry and there are two separate Sub-Zero freezer drawers, and a Bosch dishwasher. The back splash is French antiqued silver mirrored tiles and the face of the underlit breakfast bar is finished with distressed gold-leaf tiles, all from Ann Sacks. This is an ideal space for those who love to entertain.



The guest powder room cleverly becomes a second en-suite full bathroom for the corner primary suite, giving it two full baths. There are two walk-in closets large enough to function as dressing rooms. The spa-like primary bath has dual sinks, an enormous walk-in steam shower with rain head and multiple wall jets, and an oversized whirlpool tub. There is a large study complete with built in bookcases, and cabinets creating a perfect reading room or home office. The current layout has a partitioned guest bedroom and an enormous media room, which can easily become three proper sized bedrooms. Additionally, there is a separate office and a third full bath. The mechanical room houses the central air and humidification systems plus additional storage. Leading to the laundry room, there is a second large refrigerator, tons of storage cabinets and shelves. The laundry room has plenty of storage as well as a utility closet that houses an extra water heater for the unit.

This boutique condominium, built in 1910 and converted to a condominium in 2001, has 12 floors and 11 residences. The building has a managing superintendent and two elevators?one passenger and one large service. Perfectly situated in the heart of the Flatiron District, near Madison Square Park, Union Square, Trader Joes, Whole Foods, Eataly, fine dining, wonderful shopping and convenient transportation.

Last Agent to Sell the Property

Amy Katcher

Corcoran Group License #30KA0478833 Listed on: 04/24/2019

Corcoran Group

Co-Listed By

Curtis Rhine

Corcoran Group License #10301206692

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,040

Year Built

  • Built in 1907

Lot Details

  • 5,489

HOA Fees

  • $2,750 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 4th floor

Interior Spaces

  • 4,713 Sq Ft Home
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • 11 Units
  • Flatiron Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 823

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,040

Year Built

Built in 1907

Lot Details

0

HOA Fees

$2,750 per month

Listing Details

  • Cross Street: 5 AVENUE and AVENUE OF THE AMERICAS
  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 4713.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2750.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 98.0 x 56.0

Building Info

  • New Construction: No
  • Units: 11
  • Total Stories: 11
  • Year Built: 1907

Tax Info

  • Tax Block: 823
  • Tax Annual: 56040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Shapero Amy E and Shapero Andrew W
Bought by
Amy Elizabeth Shapero Ttee / Amy Shaper and Andrew William Shapero Ttee / Andrew Sh
Current Estimated Value
$5,643,144

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 4, 2021
Sold by
Gruberg Adrienne Y
Bought by
Shapero Amy E and Shapero Andrew W
Seller's Agent
Amy Katcher
Corcoran Group
List Price
$6,250,000
Sold Price
$4,750,000
Premium/Discount to List
-$1,500,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Ronald Scheinberg
Bought by
Gruberg Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Adrienne Youngstein Gruberg Executrix and Adrienne Youngstein Gruberg Adrienne Youngstein
Bought by
Gruberg Adrienne Youngstein

Purchase Details

Closed on
Mar 19, 2008
Sold by
Gruberg Steve
Bought by
Gruberg Stephen M

Purchase Details

Closed on
Apr 2, 2002
Sold by
31 W 21 Llc
Bought by
Gruberg Steve
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 Buyer Sale Price Title Company
Amy Elizabeth Shapero Ttee / Amy Shaper -- --
Shapero Amy E $4,750,000 --
Gruberg Adrienne $7,000,000 --
Gruberg Adrienne Youngstein -- --
Gruberg Stephen M -- --
Gruberg Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gruberg Adrienne $1,000,000
Previous Owner Gruberg Adrienne --
Previous Owner Gruberg Adrienne $1,001,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $4,750,000 -24.0% $1,008 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
03/28/2019 03/28/19 For Sale $6,250,000 -- $1,326 / 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 $80,085 $639,272 $39,327 $599,945
2024 $80,085 $640,577 $39,327 $601,250
2023 $78,775 $630,099 $39,327 $590,772
2022 $61,578 $642,481 $39,327 $603,154
2021 $74,265 $613,649 $39,327 $574,322
2020 $61,154 $679,664 $39,327 $640,337
2019 $60,440 $664,371 $39,327 $625,044
2018 $68,513 $626,674 $39,328 $587,346
2017 $65,319 $599,869 $39,327 $560,542
2016 $60,926 $580,934 $39,327 $541,607
2015 $20,214 $528,769 $39,327 $489,442
2014 $20,214 $477,909 $39,328 $438,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10607555

Real Estate Board of New York (REBNY)

APN: 0823-1205