NOT LISTED FOR SALE

Estimated Value: $1,796,000 - $2,193,000

2 Beds
3 Baths
1,284 Sq Ft
$1,799/mo HOA Fee

Last Sold October 30, 2017

Last sale price $2,525,000 $1,967 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $15,271/month

700 Days on Market

Highlights

  • Newly Remodeled
  • 3-minute walk to 50 Street (A,C,E Line)
  • South Facing Home
  • P.S. 111 Adolph S. Ochs Rated A-

About This Home

As of October 2017

Duplex 4F is a bright, South-facing duplex with a great room spanning over 22 feet in length opening onto an oversized terrace. The kitchen features a Miele appliance package including state-of-the-art induction cooktop and hood, wine refrigerator, custom island design, Italian marble slab kitchen countertops and backsplash, and an oversized walk-in pantry with a custom storage shelving system. Each bedroom has an en-suite bathroom, including the master bedroom suite with a walk-in closet leading to its five-fixture bathroom clad in honed limestone.

Additional features include a washer/dryer, up to 10' ceiling heights in living spaces, 5 white oak flooring, and oversized casement windows. Building amenities include a common roof deck, fitness room with yoga studio, private and bicycle storage, a part-time doorman supplemented by a virtual concierge.

The Sorting House, located at 318 West 52nd Street, is a new condominium featuring sizable private outdoor spaces and ingenious, flexible design solutions for dynamic living. Designed by Architecture Outfit, the condominium comprises three stories of residences, expansive terraces, and a full level of common and private outdoor space atop a 1926 post office. The sleek brickwork and blackened steel casement windows of the renovated facade echo the preserved red brick and mullioned windows of the historic building, with the new residential entry and the updated post office entrance elegantly harmonizing.

The complete offering terms are available in an offering plan from Sponsor. File No. CD15-0051.

Last Agent to Sell the Property

Tasha Trice

Corcoran Group License #40TR1134471 Listed on: 10/30/2015

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,292

Year Built

  • Built in 1926 | Newly Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $1,799 Monthly HOA Fees

Interior Spaces

  • 1,284 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Community Details

  • 30 Units
  • The Sorting House Condos
  • Middle West Side Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,292

Year Built

Built in 1926 | Newly Remodeled

Lot Details

0

HOA Fees

$1,799 per month

Listing Details

  • Cross Street: Eighth & Ninth Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Living Area: 1284.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1799.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE SORTING HOUSE
  • Units: 30
  • Total Stories: 3
  • Year Built: 1926

Tax Info

  • Tax Block: NA
  • Tax Annual: 20292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Oct 19, 2017
Sold by
Rc 51 Development Llc
Bought by
Macdonald 2016 Family Trust U/A Dated 2/
Seller's Agent
Tasha Trice
Corcoran Group
List Price
$2,250,000
Sold Price
$2,525,000
Premium/Discount to List
$275,000
12.22%
Current Estimated Value
$1,972,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$552,343
Avg. Annual Appreciation
-3.42%
Original Mortgage
$1,893,750
Outstanding Balance
$1,591,518
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$339,092
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
Macdonald 2016 Family Trust U/A Dated 2/ $2,571,081 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald 2016 Family Trust U/A Dated 2/ $1,893,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $2,525,000 -- --
10/30/2017 10/30/17 Sold $2,525,000 +12.2% $1,967 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
10/30/2015 10/30/15 For Sale $2,250,000 -- $1,752 / 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 $30,930 $252,774 $57,186 $195,588
2024 $30,930 $247,397 $57,186 $190,211
2023 $30,730 $245,803 $57,186 $188,617
2022 $30,683 $266,758 $57,186 $209,572
2021 $28,891 $266,700 $57,186 $209,514
2020 $28,902 $295,407 $57,186 $238,221
2019 $26,110 $288,766 $57,186 $231,580
2018 $17,896 $223,389 $57,187 $166,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10050800

Real Estate Board of New York (REBNY)

APN: 1042-1623