NOT LISTED FOR SALE

Estimated Value: $592,000 - $652,000

-- Bed
1 Bath
486 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $599,000 $1,233 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,759/month

Highlights

  • Basketball Court
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • River School (The) Rated A
  • No HOA
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of March 2024

All viewings are by appointment only
Available March 1st.
Sorry no dogs allowed.

Sun drenched, sweeping open views, extra-large alcove studio at Kips Bay Towers. Floor-to-ceiling wall-to-wall windows facing south provide sunshine all day long and beautiful open city views. Hardwood floors throughout. Extra large living area with separate dining or home office area. Large kitchen with plenty of storage and counter space, dishwasher, and microwave. Separate dressing area with four closets!

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 services, 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: 01/30/2024

Compass

Co-Listed By

Zhou Chen

Compass License #10401357463

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,175

Year Built

  • Built in 1961

Parking

  • Garage

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 1 Full Bathroom
  • 486 Sq Ft Home
  • Wood Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • Basketball Court
  • South Facing Home

Listing and Financial Details

  • Property Available on 3/1/24

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,175

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-03-01

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Kips Bay
  • Entry Level: 17
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 21

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 486.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 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: Baseboard
  • Heating: Yes

Condo/Co-op/Association

  • Association: No
  • Common Interest: None

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

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 5, 2021
Sold by
Galler Marvin
Bought by
Gao Sophie and Geng Yuhong
Seller's Agent
Beatriz Moitinho
Serhant
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$616,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,102
Avg. Annual Appreciation
0.62%
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
Gao Sophie $599,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Rented $3,000 0.0% --
02/21/2024 02/21/24 Under Contract -- -- --
01/30/2024 01/30/24 For Rent $3,000 -3.2% --
08/14/2023 08/14/23 Rented $3,100 0.0% --
07/12/2023 07/12/23 For Rent $3,100 +19.2% --
08/19/2021 08/19/21 For Rent $2,600 -99.6% --
08/19/2021 08/19/21 Rented -- -- --
05/05/2021 05/05/21 Sold $599,000 0.0% $1,235 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $599,000 -- $1,235 / 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 $6,175 $50,199 $9,655 $40,544
2024 $6,175 $49,395 $9,655 $39,740
2023 $6,012 $49,008 $9,655 $39,353
2022 $5,811 $49,687 $9,655 $40,032
2021 $5,565 $45,363 $9,655 $35,708
2020 $4,594 $50,243 $9,655 $40,588
2019 $4,381 $49,114 $9,655 $39,459
2018 $5,040 $43,087 $9,656 $33,431
2017 $4,915 $45,743 $9,656 $36,087
2016 $4,689 $37,804 $9,656 $28,148
2015 $2,572 $35,443 $9,655 $25,788
2014 $2,572 $35,387 $9,655 $25,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10954785

Real Estate Board of New York (REBNY)

APN: 0936-2218