NOT LISTED FOR SALE

Estimated Value: $590,000 - $707,000

-- Bed
1 Bath
482 Sq Ft
$394/mo HOA Fee

Last Sold April 25, 2024

Last sale price $675,000 $1,400 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,363/month

Highlights

  • Basketball Court
  • River View
  • Breakfast Bar
  • River School (The) Rated A
  • Granite Countertops
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of April 2024

Extra-large alcove studio at renowned I.M. Pei designed Kips Bay Towers condominium. This home features wall-to-wall windows allowing great light and fantastic open views of the city, the United Nations building, and the East River. There's a large living area that accommodates a variet of furniture arrangements. The renovated kitchen is open to the living area and has a large granite breakfast bar and stainless steel appliances including dishwasher and microwave. The renovated bath is lined in natural stone tiles, has a recessed medicine cabinet, and glass shower doors. There are four closets, and a separate dressing area. All this, plus amazingly low common charges and taxes! There is currently an ongoing capital assessment of $139 per month.

Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, beautifully renovated lobby, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball court. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside.

Last Agent to Sell the Property

Jason Lee

Compass License #10401216147 Listed on: 03/26/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1961

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1 Full Bathroom
  • 482 Sq Ft Home
  • River Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Utilities

  • Central Air
  • No Heating

Additional Features

  • Basketball Court
  • Garden

Listing and Financial Details

  • Legal Lot and Block 4204 / 00936

Community Details

Overview

  • 280 Units
  • High-Rise Condominium
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,048

Year Built

Built in 1961

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 16
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Breakfast Bar, Granite Counters
  • Appliances: Dishwasher, Stainless Steel Appliance(s)
  • Fireplace: No
  • Living Area: 482.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Basketball Court, Garden

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air, Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 394.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 0.000000x0.000000

Building Info

  • New Construction: No
  • Units: 280
  • Total Stories: 21
  • Year Built: 1961

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00936
  • Tax Lot: 4204
  • Tax Annual: 6048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Apr 25, 2024
Sold by
Jill F Paskal As Trustee and Steven B Paskal As Trustee
Bought by
Serrano Gomez Llc
Seller's Agent
Jason Lee
Compass
List Price
$675,000
Sold Price
$675,000
Views
2
Current Estimated Value
$657,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,656
Avg. Annual Appreciation
-1.64%

Purchase Details

Closed on
Oct 29, 2019
Sold by
Paskal Jill F and Paskal Steven B
Bought by
Jill F Paskal As Trustee and Paskal Restated And Amended Trust /2

Purchase Details

Closed on
Jul 7, 2016
Sold by
Galizia Henry H and Paskal Jill F
Bought by
Paskal Jill F and Paskal Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 1995
Sold by
Paskal Steven B
Bought by
Paskal Steven B and Paskal Jill F
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
Serrano Gomez Llc $675,000 --
Serrano Gomez Llc $675,000 --
Jill F Paskal As Trustee -- --
Jill F Paskal As Trustee -- --
Paskal Jill F $300,000 --
Paskal Jill F $300,000 --
Paskal Steven B -- --
Paskal Steven B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paskal Jill F $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $675,000 0.0% $1,400 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $675,000 -- $1,400 / 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 $6,101 $49,597 $9,539 $40,058
2024 $6,101 $48,800 $9,539 $39,261
2023 $5,939 $48,418 $9,539 $38,879
2022 $5,727 $49,090 $9,539 $39,551
2021 $5,498 $44,817 $9,539 $35,278
2020 $5,459 $49,639 $9,539 $40,100
2019 $5,159 $48,523 $9,539 $38,984
2018 $4,846 $42,568 $9,539 $33,029
2017 $4,910 $45,193 $9,539 $35,654
2016 $4,744 $37,349 $9,539 $27,810
2015 $2,540 $35,017 $9,539 $25,478
2014 $2,540 $34,962 $9,539 $25,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10957509

Real Estate Board of New York (REBNY)

APN: 0936-4204