$1,395,000
SOLD JAN 8, 2025
2 Beds
2 Baths
1,149 Sq Ft
$1,061/mo HOA Fee

Recently Sold

$1,214 Per Sq Ft

33 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Garage
  • River School (The) Rated A
  • Central Heating and Cooling System
  • 4-minute walk to Vincent F Albano Jr Playground

About This Home

As of January 2025

Spacious 2 bedroom 2 bath condo at I.M. Pei’s Kips Bay Towers condominium. This home faces south and the condo’s private garden making it the most desirable 2 bed line in the complex. Pin drop quiet. Featuring wall-to-wall windows with open south facing treetop views of the condo's lush private garden below. Great direct sunlight all day long. Generously proportioned rooms with large combined living and dining area. The renovated galley kitchen features a pass through, granite countertops, shaker style cabinetry, and stainless steel appliances. The kitchen can be completely opened up to the living space. Both bedrooms are king-sized also with garden views. Two full baths, many closets, and built-in heating and cooling. All this, plus amazingly low common charges and taxes. Gas is included. There is currently an ongoing capital assessment of $375 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: 09/06/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,320

Year Built

  • Built in 1961

HOA Fees

  • $1,061 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,149 Sq Ft Home
  • Wood Flooring

Kitchen

  • Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4087 / 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

$13,320

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,061 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 7
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Granite Counters
  • Appliances: Cooktop, Dryer, Dishwasher, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1149.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

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: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1061.0
  • 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: 4087
  • Tax Annual: 13320.0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $1,395,000 0.0% $1,214 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $1,395,000 -- $1,214 / 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 $16,132 $133,497 $25,674 $107,823
2024 $16,132 $131,357 $25,675 $105,682
2023 $15,703 $130,330 $25,676 $104,654
2022 $12,510 $132,134 $25,676 $106,458
2021 $14,496 $120,633 $25,676 $94,957
2020 $11,978 $133,613 $25,676 $107,937
2019 $11,411 $130,609 $25,676 $104,933
2018 $13,109 $114,580 $25,676 $88,904
2017 $12,852 $121,644 $25,676 $95,968
2016 $12,168 $100,531 $25,676 $74,855
2015 $6,659 $94,253 $25,676 $68,577
2014 $6,659 $94,106 $25,676 $68,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11007140

Real Estate Board of New York (REBNY)

APN: 0936-4087