NOT LISTED FOR SALE

Estimated Value: $597,000 - $626,000

Studio
1 Bath
485 Sq Ft
1961 Built

Sale Details

Date Sold: November 4, 2021

Last sale price $645,000 $1,330 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,193 / mo

21 Days on Market

Highlights

  • City View
  • Community Garden
  • Garage
  • River School (The) Rated A
  • Entrance Foyer
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of November 2021

Extra-large high floor alcove studio at renowned I.M. Pei designed Kips Bay Towers condominium. This home features wall-to-wall windows with sweeping open city views stretching all the way to the Financial District and Downtown Brooklyn. The south facing windows provide direct sunlight all day long. There's a large living area with a separate dining alcove or home office area. The kitchen has been updated with all white cabinetry with upper glass panel cabinets that go to the ceiling, dishwasher, and microwave. There is a separate dressing area and four closets provide plenty of storage. All this, plus amazingly low common charges and taxes! There is currently an ongoing capital assessment of $80 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. Cats are allowed. Sorry, no dogs.

Last Agent to Sell the Property

Jason Lee

Compass License #10401216147 Listed on: 08/13/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 1961

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 20th floor

Interior Spaces

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

Additional Features

  • South Facing Home
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 7501 / 936

Community Details

Overview

  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,996

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

HOA Fees

$365 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 20
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 485.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 365.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • 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
  • Tax Annual: 3996.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 4, 2021
Sold by
Bought by
Seller's Agent
Jason Lee
Compass
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$614,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,967
Avg. Annual Appreciation
-1.05%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$645,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/04/2021 11/04/21 Sold $645,000 0.0% $1,330 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $645,000 0.0% $1,330 / Sq Ft
08/19/2015 08/19/15 Rented -- -- --
07/20/2015 07/20/15 Under Contract -- -- --
05/18/2015 05/18/15 For Rent -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,376 $52,815 $9,809 $43,006
2025 $6,274 $51,004 $9,809 $41,195
2024 $6,274 $50,186 $9,810 $40,376
2023 $6,108 $49,793 $9,810 $39,983
2022 $5,904 $50,484 $9,810 $40,674
2021 $5,654 $46,090 $9,810 $36,280
2020 $5,658 $51,049 $9,810 $41,239
2019 $5,396 $49,901 $9,810 $40,091
2018 $5,121 $43,777 $9,810 $33,967
2017 $4,993 $46,476 $9,810 $36,666
2016 $4,764 $38,410 $9,810 $28,600
2015 $2,613 $36,011 $9,810 $26,201
2014 $2,613 $35,955 $9,810 $26,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10737025

Real Estate Board of New York (REBNY)

APN: 0936-1258

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