NOT LISTED FOR SALE

Estimated Value: $657,000 - $887,506

1 Bed
1 Bath
588 Sq Ft
$462/mo HOA Fee

Last Sold September 20, 2019

Last sale price $810,000 $1,378 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,484/month

146 Days on Market

About This Home

As of September 2019

OPEN HOUSE IS BY APPOINTMENT ONLY, KINDLY EMAIL AGENT FOR TIMING!

Welcome home to Residence 5B at The Altes House. This is the first resale of this gorgeous and affordable one bedroom condo. As you enter into the open layout, you will find a full bathroom to the left. The spacious bathroom is detailed with Carrara marble tile, a walnut bathroom vanity with added storage and a large soaking tub and shower. To the right of the foyer is a stacked washer and dryer with enough room for additional storage. Enter into the open living area where you will find a luxurious chef's kitchen complete with a BertazzoniPro gas range, Fisher Paykel refrigerator, and an enormous Carrara marble island which is perfect for entertaining.

The spacious living room looks out through the oversized windows to a gracious private balcony overlooking neighboring backyards. The master bedroom also features oversized windows bringing natural light into the space. Plenty of storage can be found in the walk-in closet. Other details of the apartment include LED lighting, oak hardwood floors and central A/C and heat throughout.

The Altes House is a boutique condominium that features modern conveniences including an elevator and a virtual doorman. The common rooftop is the perfect place to enjoy warm days and evenings while overlooking the city's skyline. The location is only minutes from the East River Promenade as well as the shopping and nightlife of the East Village.

Last Agent to Sell the Property

Tedy Ma

Sothebys International Realty License #10301219507 Listed on: 03/27/2019

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 2015

HOA Fees

  • $462 Monthly HOA Fees

Interior Spaces

  • 588 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 11 Units
  • Altes House Condos
  • East Village Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,232

Year Built

Built in 2015

Lot Details

0

HOA Fees

$462 per month

Listing Details

  • Cross Street: Avenue C/Avenue D
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Village
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 588.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 462.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: ALTES HOUSE
  • Units: 11
  • Total Stories: 4
  • Year Built: 2015

Tax Info

  • Tax Block: NA
  • Tax Annual: 8232.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Sep 20, 2019
Sold by
324E4 Llc
Bought by
324 E4 5B Llc
Seller's Agent
Tedy Ma
Sothebys International Realty
List Price
$875,000
Sold Price
$810,000
Premium/Discount to List
-$65,000
-7.43%
Current Estimated Value
$787,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,873
Avg. Annual Appreciation
-0.47%
Original Mortgage
$486,000
Outstanding Balance
$425,698
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,429
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
324 E4 5B Llc $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 324 E4 5B Llc $486,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $810,000 -7.4% $1,378 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $875,000 0.0% $1,488 / Sq Ft
01/04/2017 01/04/17 Rented -- -- --
12/05/2016 12/05/16 Under Contract -- -- --
12/01/2016 12/01/16 For Rent -- -- --
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 $10,185 $80,437 $12,351 $68,086
2024 $10,185 $81,468 $12,351 $69,117
2023 $9,865 $80,416 $12,351 $68,065
2022 $9,840 $81,178 $12,351 $68,827
2021 $9,610 $78,343 $12,351 $65,992
2020 $9,819 $86,786 $12,351 $74,435
2019 $9,323 $84,847 $12,351 $72,496
2018 $8,356 $81,893 $12,351 $69,542
2017 $7,386 $77,508 $12,351 $65,157
2016 $3,934 $47,069 $12,351 $34,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10556943

Real Estate Board of New York (REBNY)

APN: 0373-1008