NOT LISTED FOR SALE

Estimated Value: $651,000 - $717,000

-- Bed
1 Bath
550 Sq Ft
1961 Built

Last Sold July 21, 2021

Last sale price $657,000 $1,195 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,103/month

Highlights

  • Community Garden
  • Entrance Foyer
  • Garage
  • River School (The) Rated A
  • Central Air
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of August 2021

A gorgeous and meticulously renovated studio in one of Murray Hill's finest full-service, luxury condominiums.

5D is the largest studio layout in the building allowing for generous and separate living, dining and sleeping areas as well as a dedicated home office space.

The loft-sized chef's kitchen, rarely found in a studio apartment, is replete with marble countertops, stainless steel appliances and an island large enough to seat three.

Wide plank floors, a beautifully renovated bathroom swathed in limestone with custom vanity, numerous oversized closets, central air conditioning and a wall of oversized sun filled windows complete this special offering.

*Apartment can also be delivered fully furnished for an additional price.

Designed by I.M. Pei, Kips Bay Towers offer residents unbeatable amenities, including a private 3-acre protected park (with lush landscaping, basketball courts, enclosed children's playground, herb garden, sports field, and imported European sun loungers and dining furniture) private driveways, and a brand-new, fully-renovated lobby.

Kips Bay Towers offers 24-hour doormen, on-site building management and maintenance; in-house package, laundry, dry-cleaning, housekeeping, and concierge services; laundry facilities; state-of-the-art fitness center; bike storage; 24-hour full-service garage on premise; and a glass-walled community room overlooking the park for resident events, classes, and private parties.

Last Agent to Rent the Property

Daren Herzberg

Compass License #30HE1012667 Listed on: 08/03/2021

Compass

Co-Listed By

Sarah Jackson

Compass License #10401285222

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1961

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 550 Sq Ft Home
  • Entrance Foyer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Property Available on 8/1/21
  • The owner pays for all utilities
  • Legal Lot and Block 7501 / 936

Community Details

Overview

  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,287

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Owner Pays: All Utilities
  • Available Date: 2021-08-01

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Kips Bay
  • Entry Level: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 550.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 936
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Jul 21, 2021
Sold by
Mcguire Elizabeth
Bought by
Mime Is Money Llc
Seller's Agent
Daren Herzberg
Compass
Sold Price
$2,950
Current Estimated Value
$679,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,783
Avg. Annual Appreciation
0.78%
Original Mortgage
$525,600
Outstanding Balance
$477,119
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,614

Purchase Details

Closed on
Feb 10, 2020
Sold by
Dudwick Eileen and Leddy Eileen T
Bought by
Mcguire Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.72%
Mortgage Type
Unknown
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
Mime Is Money Llc $657,000 --
Mcguire Elizabeth $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mime Is Money Llc $525,600
Previous Owner Mcguire Elizabeth $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2021 08/03/21 For Rent $2,950 -99.6% --
08/03/2021 08/03/21 Rented -- -- --
07/21/2021 07/21/21 Sold $657,000 0.0% $1,195 / Sq Ft View Prior Sale
12/08/2020 12/08/20 For Sale $657,000 -- $1,195 / 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 $6,287 $51,105 $9,828 $41,277
2024 $6,287 $50,285 $9,829 $40,456
2023 $6,120 $49,892 $9,829 $40,063
2022 $5,916 $50,583 $9,829 $40,754
2021 $5,665 $46,180 $9,829 $36,351
2020 $5,669 $51,149 $9,829 $41,320
2019 $5,364 $50,000 $9,829 $40,171
2018 $5,132 $43,864 $9,830 $34,034
2017 $5,004 $46,568 $9,830 $36,738
2016 $4,775 $38,485 $9,829 $28,656
2015 $2,618 $36,082 $9,829 $26,253
2014 $2,618 $36,026 $9,830 $26,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10735015

Real Estate Board of New York (REBNY)

APN: 0936-4060