NOT LISTED FOR SALE

Estimated Value: $806,000 - $876,000

1 Bed
1 Bath
741 Sq Ft
$579/mo HOA Fee

Last Sold August 12, 2021

Last sale price $875,000 $1,181 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,863/month

184 Days on Market

Highlights

  • Community Garden
  • Cooling Available
  • Laundry Facilities
  • River School (The) Rated A
  • Garage
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of August 2021

Large south facing 1-bedroom Condo faces Kips Bay towers fabulous 3-acre interior Park offering both great sunlight and a quiet respite from the bustling city. Apartment features a wall of ceiling to floor windows, central air conditioning, king size bedroom, large living room with dining alcove, plenty of closets. Low Common Charges and taxes with additional $137 assessment per month. Kips Bay Towers, designed by internationally renowned architect, I. M. Pei features 24 hour, a gorgeous, landscaped resident's park and garden where you can enjoy summer picnics or just hanging out with your friends. The park also has a playground, and a basketball court. The lobby has been recently renovated and air-conditioned. There is also a recently renovated central laundry, exercise room, community room, and package room. The building is conveniently located around the corner from Fairway Markets, the AMC Kips Bay Movie theater, and NYU Langone Hospital, just a block from the new Target and a couple of blocks from Trader Joes. Transportation options include the 6 train and the M15 and M34 SBS buses.

Last Agent to Sell the Property

Fern Hamberger

Corcoran Group License #30HA1040502 Listed on: 10/31/2020

Corcoran Group

Co-Listed By

Michael Hamberger

Corcoran Group License #40HA1083542

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,587

Year Built

  • Built in 1962

HOA Fees

  • $579 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 741 Sq Ft Home
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Cooling Available

Listing and Financial Details

  • Tax Block 936

Community Details

Overview

  • 1,120 Units
  • Kips Bay Towers Condos
  • Murray Hill Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,587

Year Built

Built in 1962

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • Cross Street: Second Avenue & First Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill
  • Entry Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Living Area: 741.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 578.84
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 611.0 x 672.0

Building Info

  • New Construction: No
  • Building Name: KIPS BAY TOWERS
  • Units: 1120
  • Total Stories: 21
  • Year Built: 1962

Tax Info

  • Tax Block: 936
  • Tax Annual: 7586.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Aug 12, 2021
Sold by
Plummer William A
Bought by
Stroh Joachim and Wang Xiaoning
Seller's Agent
Fern Hamberger
Corcoran Group
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$842,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,888
Avg. Annual Appreciation
-0.88%
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
Stroh Joachim $830,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $875,000 0.0% $1,181 / Sq Ft
10/31/2020 10/31/20 For Sale $875,000 -- $1,181 / 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 $10,197 $82,895 $15,943 $66,952
2024 $10,197 $81,565 $15,943 $65,622
2023 $9,927 $80,928 $15,944 $64,984
2022 $9,596 $82,049 $15,944 $66,105
2021 $9,189 $74,908 $15,944 $58,964
2020 $7,587 $82,967 $15,944 $67,023
2019 $7,235 $81,102 $15,944 $65,158
2018 $8,323 $71,149 $15,944 $55,205
2017 $8,116 $75,535 $15,944 $59,591
2016 $7,744 $62,425 $15,944 $46,481
2015 $4,247 $58,527 $15,944 $42,583
2014 $4,247 $58,435 $15,943 $42,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10679706

Real Estate Board of New York (REBNY)

APN: 0936-4043