NOT LISTED FOR SALE

Estimated Value: $788,000 - $848,164

1 Bed
1 Bath
726 Sq Ft
1962 Built

Last Sold February 16, 2021

Last sale price $849,000 $1,169 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,262/month

Highlights

  • Basketball Court
  • Wood Flooring
  • No HOA
  • River School (The) Rated A
  • Granite Countertops
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of August 2024

Available for mid-July.
No pets allowed. No flex walls allowed.
Broker and condominium fees apply.

Renovated Extra large one bedroom condo at I.M. Pei’s Kips Bay Towers condominium. Enjoy serene views overlooking the condo’s lush three acre private garden. This home features wall-to-wall and floor-to-ceiling windows to soak in the views and light all day, an expansive living room, king-size bedroom, plus plenty of closet space. The renovated kitchen has granite countertops, marble backsplash, stainless steel appliances, including dishwasher and microwave. The kitchen has been opened up to the living room with plenty of counter space and a large island that’s perfect for entertaining. The bathroom has been renovated with Carrara marble tile, deep soaking tub, and recessed medicine cabinet.

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, state of the art fitness center, large laundry room, on site valet with dry cleaning service, attached underground 24-hour parking, beautifully renovated lobby, and of course the 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, playground with sprinkler, and full-size basketball court. Conveniently located steps to Fairway, Trader Joes, restaurants, night life, and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike station just outside.

Last Agent to Rent the Property

Jason Lee

Compass License #10401216147 Listed on: 05/22/2024

Compass

Co-Listed By

Zhou Chen

Compass License #10401357463

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,754

Year Built

  • Built in 1962

Parking

  • Garage

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 726 Sq Ft Home
  • Wood Flooring

Kitchen

  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Additional Features

  • Basketball Court
  • North Facing Home

Listing and Financial Details

  • Property Available on 7/8/24
  • Tax Block 00936

Community Details

Overview

  • No Home Owners Association
  • 1,120 Units
  • High-Rise Condominium
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,754

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-08

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Kips Bay
  • Entry Level: 15
  • Structure Type: High Rise, Mixed Use
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Granite Counters, Kitchen Island
  • Appliances: Dishwasher, Range Hood, Stainless Steel Appliance(s)
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 726.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Basketball Court

Garage/Parking

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

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Other, Wall Unit(s)
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 672.830000x611.250000

Building Info

  • New Construction: No
  • Units: 1120
  • Total Stories: 21
  • Year Built: 1962

Tax Info

  • Tax Block: 00936
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 11, 2021
Sold by
Foox Uri
Bought by
Lau Kin Hang and Leung Shuk Han
Seller's Agent
Jason Lee
Compass
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$829,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,709
Avg. Annual Appreciation
-0.49%
Original Mortgage
$430,000
Outstanding Balance
$383,709
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$445,582

Purchase Details

Closed on
Sep 21, 2009
Sold by
Downey David and Musho Suzanne
Bought by
Foox Uri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Estate Of Joseph A Malejka
Bought by
Downey David and Musho Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Lau Kin Hang $810,000 --
Foox Uri $630,000 --
Downey David $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Kin Hang $430,000
Previous Owner Foox Uri $504,000
Previous Owner Downey David $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2024 08/07/24 Rented $3,900 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
05/22/2024 05/22/24 For Rent $3,900 0.0% --
02/16/2021 02/16/21 Sold $849,000 0.0% $1,169 / Sq Ft View Prior Sale
11/12/2020 11/12/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $849,000 -- $1,169 / 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 $10,754 $87,422 $16,813 $70,609
2024 $10,754 $86,021 $16,814 $69,207
2023 $10,470 $85,347 $16,814 $68,533
2022 $10,120 $86,529 $16,814 $69,715
2021 $9,691 $78,998 $16,814 $62,184
2020 $7,761 $87,498 $16,814 $70,684
2019 $7,389 $85,531 $16,814 $68,717
2018 $8,482 $75,034 $16,814 $58,220
2017 $8,341 $79,660 $16,814 $62,846
2016 $7,863 $65,834 $16,814 $49,020
2015 $4,478 $61,723 $16,814 $44,909
2014 $4,478 $61,626 $16,814 $44,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10971943

Real Estate Board of New York (REBNY)

APN: 0936-1195