NOT LISTED FOR SALE

Estimated Value: $1,777,000 - $2,131,000

2 Beds
2.5 Baths
1,431 Sq Ft
$1,796/mo HOA Fee

Last Sold September 12, 2023

Last sale price $1,850,000 $1,293 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $15,286/month

112 Days on Market

Highlights

  • Balcony
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • 4-minute walk to Peter's Field

About This Home

As of September 2023

This 2-bedroom, 2.5 bath penthouse is the ultimate in luxury living - and offers spectacular sweeping views of the Empire State and Chrysler Buildings from the apartment's private 20' long balcony. The spacious main living area is complete with hardwood floors and noise-abating floor-to-ceiling windows. The modern kitchen is outfitted with a Sub-Zero refrigerator and a double freezer, Miele oven and cooktop, and Fisher Paykel drawer dishwasher. There's also a convenient in-unit Bosch washer/dryer. The spa-like master bath has Thassos white stone vanity and top-of-the-line Duravit and Axor Hansgrohe fixtures. In addition, the soothing step-in rain shower and oversized deep soaking tub create a true spa-like retreat. The apartment also includes walk-in closets and extensive storage space throughout.

Designed by world-renowned architect and designer, Philippe Starck, this full-service building features a 24-hour doorman, incredible amenities including a 2,600 sqft fitness center with sauna and steam room; a full floor lounge featuring a library, theater and billiard room, and landscaped roof deck with river and cityscape views with private cabanas for day and nighttime relaxing. The building is centrally located near subway and bus lines, and conveniently located near Gramercy Park, Union Square, Trader Joes, Whole Foods, Chase Bank, and an abundance of restaurants.

Last Agent to Sell the Property

Brian Morgan

Corcoran Group License #10301202091 Listed on: 04/06/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,776

Year Built

  • Built in 2008

HOA Fees

  • $1,796 Monthly HOA Fees

Home Design

  • 1,431 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Dishwasher
  • Balcony

Community Details

  • 207 Units
  • Gramercy Park Subdivision
  • 22-Story Property

Listing and Financial Details

  • Tax Block 00928

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,776

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,796 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 1431.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1796.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 207
  • Total Stories: 22
  • Year Built: 2008

Tax Info

  • Tax Block: 00928
  • Tax Annual: 28776.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Sep 12, 2023
Sold by
Cheng Tung W
Bought by
Sloane 23 Llc
Seller's Agent
Brian Morgan
Corcoran Group
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
76
Current Estimated Value
$1,905,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,244
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Victor At E 23 Llc
Bought by
Cheng Tung W and Chiang Katy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sloane 23 Llc $1,850,000 --
Cheng Tung W $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Tung W $795,000
Previous Owner Cheng Tung W $1,250,000
Previous Owner Cheng Tung W $11,825
Previous Owner Cheng Tung W $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $1,850,000 +3.4% $1,293 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $1,790,000 -8.2% $1,251 / Sq Ft
05/26/2023 05/26/23 For Sale $1,950,000 0.0% $1,363 / Sq Ft
05/21/2023 05/21/23 Off Market $1,950,000 -- --
04/06/2023 04/06/23 For Sale $1,950,000 -- $1,363 / 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 $36,693 $299,781 $19,633 $280,148
2024 $36,693 $293,494 $19,633 $273,861
2023 $29,119 $287,734 $19,633 $268,101
2022 $34,730 $292,175 $19,633 $272,542
2021 $34,873 $290,630 $19,633 $270,997
2020 $36,219 $323,082 $19,633 $303,449
2019 $27,980 $320,050 $19,633 $300,417
2018 $26,548 $291,193 $19,633 $271,560
2017 $19,775 $299,310 $19,632 $279,678
2016 $19,212 $298,918 $19,632 $279,286
2015 $5,276 $252,041 $19,632 $232,409
2014 $5,276 $242,726 $19,633 $223,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10889460

Real Estate Board of New York (REBNY)

APN: 0928-1392