NOT LISTED FOR SALE

Estimated Value: $2,790,000 - $3,435,344

3 Beds
2.5 Baths
2,700 Sq Ft
1910 Built

Sale Details

Date Sold: July 21, 2022

Last sale price $3,175,000 $1,176 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $21,010 / mo

83 Days on Market

Highlights

  • Pre War Building
  • Terrace
  • 2-minute walk to Peter's Field
  • P.S. 40 Augustus Saint-Gaudens Rated A

About This Home

As of July 2022

Townhouse Living in Chic Gramercy Condo! Gramercy East, 312 East 22nd Street, Penthouse A!

2,498 sq ft interior + 2 Terraces!
3 large bedrooms, 2.5 large baths
Vented washer/dryer Wood Burning Fireplace
Lux Chef's Kitchen - Loft-like feel!
Low monthlies & RE Taxes make this the perfect home!
Move in condition
RE Taxes for primary residents $2,250/month with rebate, non-primary residents $2,726/month.

Welcome home and move right in to Penthouse A - townhouse living in Gramercy Park! Lux, sun-filled Penthouse Triplex with 2 outdoor spaces, wood burning fireplace, glorious oversized windows, hardwood floors, 3 bedrooms, 2.5 large baths, Chef's kitchen with center island, lux appliances, bar with wine fridge, incredible closet space, washer/dryer, zoned Central AC, custom sound system, large storage space, bike storage and more!

From the moment you enter Penthouse A, you'll revel in this unique, open loft-like condo with a floor through wall of oversized windows, high ceilings, expansive living & dining area with wood burning fireplace, open kitchen with Sub-Zero, Viking stove with grill, Miele dishwasher, wine fridge, gorgeous custom cabinetry, center island and large breakfast dining area. Tucked away on the 1st floor is a 1/2 bath with full-sized washer & dryer. Complete with oak striped floors, overhead lighting, surround sound, flat screen TV & rustic wood details ... fabulous for living & entertaining!

Wide stairs lead to the 2nd floor with king-sized bedroom, large sitting room & office (easily adapted to a 3rd bedroom), floor-to-ceiling built-in's, 2 flat screen TVs, additional closets plus a full bathroom with deep tub.

The 3rd floor master suite features a bright king-sized bedroom with 4 skylights, huge walk in closet, large spa bathroom with walk-in shower and separate office nook.

2 terraces complete the top floor for enjoying the outdoors from your sofa - perfect for entertaining! The 2nd outdoor terrace perfect for a dining table & chairs!

The apartment conveys with a large storage closet which measures 7' x 4' x 4' in the basement. Pied a Terre's, Investors and Pets Welcome. Only 3 apartments on the Penthouse floor.

312 East 22nd Street, Gramercy East is a pre-war condo boutique elevator building with 15 units, a virtual doorman & building super available 24/7. which offers downtown style in a prime Gramercy location. Built in 1919 and converted in 1995. Gramercy Park, National Arts Club, Gramercy Tavern, Trader Joe's, Eataly, 11 Madison Park, the Union Square Farmer's Market, Natural Frontier Market, Whole Foods and more!

Last Agent to Sell the Property

Cindy Plehn

Corcoran Group License #10301209752 Listed on: 03/01/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,000

Year Built

  • Built in 1910

HOA Fees

  • $1,728 Monthly HOA Fees

Home Design

  • 2,700 Sq Ft Home
  • Pre War Building
  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Terrace

Community Details

  • 15 Units
  • Gramercy East Condo
  • Downtown Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 00927

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,000

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

HOA Fees

$1,728 per month

Listing Details

  • Cross Street: 2 AVENUE and 1 AVENUE
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Architectural Style: Prewar
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2700.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1728.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: GRAMERCY EAST CONDO
  • Units: 15
  • Total Stories: 6
  • Year Built: 1910

Tax Info

  • Tax Block: 00927
  • Tax Annual: 27000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jul 21, 2022
Sold by
Zeltzer Ross
Bought by
Driscoll Allegra and Driscoll Michael
Seller's Agent
Cindy Plehn
Corcoran Group
List Price
$3,895,000
Sold Price
$3,175,000
Premium/Discount to List
-$720,000
-18.49%
Current Estimated Value
$3,067,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,664
Avg. Annual Appreciation
-0.92%
Original Mortgage
$2,540,000
Outstanding Balance
$2,430,904
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$636,432

Purchase Details

Closed on
Jun 28, 2000
Sold by
Shardanand Upendra
Bought by
Zeltzer Ross

Purchase Details

Closed on
Jan 12, 2000
Sold by
Oved Yhonatan
Bought by
Shardanand Upendra

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
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1998
Sold by
Smith Stephen J
Bought by
Oved Yhonatan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1996
Sold by
El Ad Hotels Ltd
Bought by
Smith Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Driscoll Allegra $3,175,000 --
Driscoll Allegra $3,175,000 --
Zeltzer Ross $1,575,000 --
Zeltzer Ross $1,575,000 --
Shardanand Upendra $1,525,000 First American Title
Shardanand Upendra $1,525,000 First American Title
Oved Yhonatan $895,000 Fidelity National Title Ins
Oved Yhonatan $895,000 Fidelity National Title Ins
Smith Stephen J $691,500 --
Smith Stephen J $691,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll Allegra $2,540,000
Closed Driscoll Allegra $2,540,000
Previous Owner Shardanand Upendra $1,000,000
Previous Owner Oved Yhonatan $626,500
Previous Owner Smith Stephen J $102,750
Closed Smith Stephen J $102,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2023 06/21/23 Off Market $3,175,000 -- --
07/21/2022 07/21/22 Sold $3,175,000 -3.6% $1,176 / Sq Ft
04/21/2022 04/21/22 Price Changed $3,295,000 -8.5% $1,220 / Sq Ft
03/22/2022 03/22/22 Price Changed $3,600,000 -7.6% $1,333 / Sq Ft
03/02/2022 03/02/22 For Sale $3,895,000 -- $1,443 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $34,881 $289,372 $52,618 $236,754
2024 $34,881 $279,007 $52,618 $226,389
2023 $34,094 $277,931 $52,618 $225,313
2022 $32,645 $267,372 $52,618 $214,754
2021 $31,770 $258,989 $52,618 $206,371
2020 $18,267 $277,712 $52,618 $225,094
2019 $34,155 $299,003 $52,618 $246,385
2018 $34,098 $301,634 $52,618 $249,016
2017 $31,794 $313,687 $52,618 $261,069
2016 $29,607 $250,852 $52,618 $198,234
2015 $19,695 $239,166 $52,618 $186,548
2014 $19,695 $286,705 $52,617 $234,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10785390

Real Estate Board of New York (REBNY)

APN: 0927-1013

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