NOT LISTED FOR SALE

Estimated Value: $3,022,000 - $4,835,000

3 Beds
3 Baths
3,007 Sq Ft
$3,063/mo HOA Fee

Last Sold July 02, 2021

Last sale price $4,725,000 $1,571 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $29,531/month

29 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 14 Street (F Line)
  • Den
  • Sixth Avenue Elementary School Rated A
  • City View
  • 5-minute walk to Chelsea Green

About This Home

As of July 2021

Luxurious Loft Condominium This grand and bright 3 bedroom, 3 bath loft holds over 3,000 sq ft of meticulously maintained and elegantly appointed living and entertaining space. With high 10' ceilings and oversized mahogany clad picture windows overlooking a gorgeous Beaux-Arts building, all the way up to the Empire State Building and beyond into the classic NYC Skyline. Striking limestone flooring with radiant heat, a gas-burning fireplace, and floating gallery art wall, as well as custom lighting add to this chic and polished home. Off the perfectly proportioned living room, floor-to-ceiling sliding doors reveal a third bedroom or library/den, creating multiple usage from an already flexible loft space. Adjacent to a truly gracious dining area, the stunning open 18' foot Valcucine chefs kitchen features white-glass countertops and rosewood paneling providing an elevated and sophisticated aesthetic. The impeccable kitchen is fitted with all top of the line appliances by Miele and Sub Zero, including double ovens, a cappuccino maker, and a dual zone wine cooler. An expansive gallery leads South to the corner master suite and second bedroom, both with wide plank, oak flooring and radiant heat throughout. The impressive and well appointed master bedroom showcases a large finished walk-in-closet, with one additional closet and a refined spa-like en-suite bathroom. The master bedroom holds multiple augmented features such as two stainless steel ethanol fire boxes by Ecosmart, and motorized 81” drop down screen with high definition projector. The lavish master bathroom holds aleu de savoie and thassos marble, with accents of rich wood and highly articulated crigio carnico marble, a thermomasseur tub, Dornbracht fittings and Toto toilet. The sunny second bedroom features an en-suite bath, large closets, and an open city view of the Freedom Tower, flooded with Southern light. The two secondary baths highlight limestone, statuarietto fenetino marble, rich wood and glass accents. Additional highlights from this discerning home include a Washer/Dryer, three-zone A/C System, and Custom Poliform Italian closets throughout. An audiophile design element includes fully concealed “Stealth Acoustics” surround sound speakers coupled with Sonos sound system electronics. Originally, three bedrooms, this architecturally distinguished apartment is currently used as two bedrooms and a study with three full baths. The study is complete with an Italian customized wall unit with integrated murphy bed, in addition to motorized black out shades, effortlessly allowing for a complete third bedroom within moments. Within close proximity to lower Fifth Ave, AKA “Ladies Mile” Altair 18 is perfectly situated in the heart of Flatiron/Chelsea/Gramercy providing easy access to the best of downtown. Altair Lofts delivers a sophisticated and discreet lifestyle with only 22 unparalleled residences; 2 per floor. 32 West 18th Street, is one of Extell's premier condominium loft conversions, Designed in 2005 by the premier architectural firm of Centra Ruddy. This boutique luxury condominium with 24 hour doorman/concierge, gym, storage, and the building has a beautifully landscaped roof-deck.

Last Agent to Sell the Property

Erin Aries

Douglas Elliman Real Estate License #30AR1134386 Listed on: 02/17/2021

Douglas Elliman Real Estate

Co-Listed By

Nic Bottero

Douglas Elliman Real Estate License #30BO0938004

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,580

Year Built

  • Built in 1907

HOA Fees

  • $3,063 Monthly HOA Fees

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 3,007 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 00819

Community Details

Overview

  • 21 Units
  • Flatiron Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,580

Year Built

Built in 1907

Lot Details

0

HOA Fees

$3,063 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Loft
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Loft
  • Entry Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Den, Entrance Foyer
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3007.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3063.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 6900.0
  • Lot Size Dimensions: 75.0 x 92.0

Building Info

  • New Construction: No
  • Units: 21
  • Total Stories: 12
  • Year Built: 1907

Tax Info

  • Tax Block: 00819
  • Tax Annual: 41580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jul 1, 2021
Sold by
Raffin Paul J
Bought by
Aromin Romulo Alcalde and Safran Lawrence Ira
Seller's Agent
Erin Aries
Douglas Elliman Real Estate
List Price
$4,995,000
Sold Price
$4,725,000
Premium/Discount to List
-$270,000
-5.41%
Current Estimated Value
$4,252,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$472,085
Avg. Annual Appreciation
-2.34%
Original Mortgage
$3,250,000
Outstanding Balance
$2,936,053
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,316,862

Purchase Details

Closed on
Aug 8, 2013
Sold by
Erickson Gerald A
Bought by
Raffin Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,087,500
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2007
Sold by
Crp/Extell 18Th Street Llc
Bought by
Erickson Gerald A

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
6.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Aromin Romulo Alcalde $4,725,000 --
Raffin Paul J $4,750,000 --
Raffin Paul J $4,750,000 --
Erickson Gerald A $3,775,000 --
Erickson Gerald A $3,775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aromin Romulo Alcalde $3,250,000
Previous Owner Raffin Paul J $3,087,500
Previous Owner Erickson Gerald A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2023 06/11/23 Off Market $4,725,000 -- --
07/02/2021 07/02/21 Sold $4,725,000 -5.4% $1,571 / Sq Ft
02/17/2021 02/17/21 For Sale $4,995,000 -- $1,661 / 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 $49,955 $384,986 $90,404 $294,582
2024 $49,955 $399,579 $90,404 $309,175
2023 $41,052 $405,641 $90,404 $315,237
2022 $41,030 $406,486 $90,404 $316,082
2021 $49,977 $407,407 $90,404 $317,003
2020 $42,276 $451,228 $90,404 $360,824
2019 $40,227 $441,089 $90,404 $350,685
2018 $45,789 $425,355 $90,404 $334,951
2017 $44,605 $425,752 $90,404 $335,348
2016 $41,976 $398,490 $90,404 $308,086
2015 $15,122 $330,156 $90,404 $239,752
2014 $15,122 $290,158 $90,404 $199,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10842642

Real Estate Board of New York (REBNY)

APN: 0819-1418