NOT LISTED FOR SALE

Estimated Value: $1,176,000 - $2,060,267

2 Beds
2 Baths
1,313 Sq Ft
$1,424/mo HOA Fee

Last Sold August 08, 2017

Last sale price $2,195,000 $1,672 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $12,168/month

415 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to 50 Street (A,C,E Line)
  • 3-minute walk to Ramon Aponte Park
  • Clinton School Rated A

About This Home

As of August 2017

Model Apartment Now Open. Occupancy Spring 2017.

A keyed elevator opens directly into this full-floor, two-bedroom home. The generous open-plan layout spans over 1,300 square feet and includes a private balcony off the great room. Designed by Katch I.D., the tailored finishes feature classic materials that speak to the authentic, untouched nature of the neighborhood, updated with modern details and interpretation. Thoughtful details include smoked European white oak floors in 7-inch-wideplanks, a spacious utility room, and pre-wiring for cable/telephone/data/audio systems/window shades. The impressive custom kitchen includes an all-Miele appliance package, Arabescato Cervaiole honed marble slab countertop, Ann Sacks Foundation Brick backsplash, and a Blanco undermount stainless steel sink with Grohe satin nickel faucet.

Refined, the master bathroom features full-height Calacatta Gold honed marble walls with Ann Sacks London Grey limestone flooring, custom-designed lacquer vanity with Calacatta Gold honed marble, Lacava fixtures in polished chrome finish, a walk-in steam shower with rain shower head and hand shower, 60-inch Zuma soaking tub with Calacatta Gold honed marble deck, and radiant floor heating. Even the secondary bathrooms are delivered tailored with harmonious and tranquil finishes including Ann Sacks Saint Louis linen stone floor paired with white ceramic wall tile, 60-inch Zuma soaking tub with rain shower head and hand shower, Lacava fixtures in polished chrome finish and custom-designed vanity with Corian Glacier White countertop and Lacava sink.

318 West 47 is located in Hell's Kitchen, one of Manhattan's most storied neighborhoods. This area maintains its traditional New York character with stretches of historic Brownstones lining its side streets. It also offers easy access to virtually every subway line, Central Park and Midtown Manhattan. The faade at 318 West 47th features a tasteful blend of bluestone brick with carefully curated edges accented by simulated wood spandrels. Building amenities include a welcoming lobby, 24-hour virtual doorman service, private storage, and bicycle storage.

The complete offering terms are in an offering plan available from Sponsor. File No. CD16-0009. Sponsor: 318 West 47th Street LLC, 19 West 21st Street, Suite 902, New York, NY 10010

Last Agent to Sell the Property

Elise Zuckerman

Brown Harris Stevens Residential Sales LLC License #30WI0803795 Listed on: 09/19/2016

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 2016 | Newly Remodeled

HOA Fees

  • $1,424 Monthly HOA Fees

Home Design

  • 1,313 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 5 Units
  • Middle West Side Subdivision
  • 6-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,196

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$1,424 per month

Listing Details

  • Cross Street: Eighth & Ninth Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 1313.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1424.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 5
  • Total Stories: 6
  • Year Built: 2016

Tax Info

  • Tax Block: NA
  • Tax Annual: 5196.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jul 26, 2017
Sold by
318 West 47Th Street Llc
Bought by
Hemmaplardh Texas Surachez and Mccarter Robert Kyle
Seller's Agent
Elise Zuckerman
Brown Harris Stevens Residential Sales LLC
List Price
$2,495,000
Sold Price
$2,195,000
Premium/Discount to List
-$300,000
-12.02%
Current Estimated Value
$1,855,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,895
Avg. Annual Appreciation
-1.99%
Original Mortgage
$1,743,750
Outstanding Balance
$1,460,024
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$408,535
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
Hemmaplardh Texas Surachez $2,367,431 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemmaplardh Texas Surachez $1,743,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $2,195,000 -12.0% $1,672 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
05/19/2016 05/19/16 For Sale $2,495,000 -- $1,900 / 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 $7,629 $63,422 $4,427 $58,995
2024 $7,629 $61,025 $25,730 $55,913
2023 $5,718 $56,505 $5,680 $50,825
2022 $5,299 $277,314 $25,731 $251,583
2021 $5,985 $221,828 $25,731 $196,097
2020 $5,020 $215,393 $25,731 $189,662
2019 $4,926 $200,064 $25,731 $174,333
2018 $5,251 $41,631 $5,553 $36,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10098069

Real Estate Board of New York (REBNY)

APN: 1037-1103