$795,000
SOLD JAN 17, 2025
1 Bed
1 Bath
803 Sq Ft
$721/mo HOA Fee

Recently Sold

$990 Per Sq Ft

1% Below List Price

95 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Laundry Facilities
  • River School (The) Rated A
  • Garage
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of January 2025

Second floor apartment facing the condo's 3 acre private garden.

Bring your contractor and create your dream 1 bedroom home at I.M. Pei's Kips Bay Towers Condominium. This over sized 1 bed features wall-to-wall and nearly floor-to-ceiling windows with serene through the tree views of the condo’s lush three acre private garden. Pin drop quiet. Nearly 30 linear feet of south facing windows provide amazing direct sunlight all day. There's an expansive combined living and dining alcove, a kitchen that can be completely opened up to the living space, a king-size bedroom which also has garden views, plus tons of closet space. All this, plus amazingly low common charges and taxes! There is currently an ongoing capital assessment of $255 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, 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 and pickleball courts. 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: 07/18/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,204

Year Built

  • Built in 1961

Lot Details

  • South Facing Home

HOA Fees

  • $721 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 803 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4002 / 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

$9,204

Year Built

Built in 1961

Lot Details

0

HOA Fees

$721 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 1
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 803.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: No

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: 721.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 4002
  • Tax Annual: 9204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
Pardal Vijay
Bought by
Pardal Raj
Current Estimated Value
$934,932
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 Type Sale Price Title Company
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $795,000 0.0% $990 / Sq Ft
10/31/2024 10/31/24 Off Market $795,000 -- --
10/22/2024 10/22/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $800,000 -- $996 / 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 $11,163 $90,742 $17,451 $73,291
2024 $11,163 $89,286 $17,452 $71,834
2023 $8,965 $88,588 $17,452 $71,136
2022 $8,576 $89,816 $17,453 $72,363
2021 $10,059 $81,998 $17,453 $64,545
2020 $8,305 $90,821 $17,453 $73,368
2019 $9,601 $88,779 $17,453 $71,326
2018 $9,111 $77,884 $17,453 $60,431
2017 $8,885 $82,685 $17,453 $65,232
2016 $8,477 $68,334 $17,452 $50,882
2015 $4,649 $64,067 $17,453 $46,614
2014 $4,649 $63,967 $17,453 $46,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10991749

Real Estate Board of New York (REBNY)

APN: 0936-4002