$895,000
SOLD JAN 17, 2022
1 Bed
1 Bath
825 Sq Ft
$733/mo HOA Fee

Recently Sold

$1,085 Per Sq Ft

81 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 January 2022

Extra large one bedroom condo with washer and dryer at I.M. Pei's Kips Bay Towers condominium. Currently a part of a larger combination of units, this apartment is being restored to it's original layout. Amazing opportunity to create the perfect 1 bedroom home. This top floor apartment is 825 sq ft and the largest 1 bedroom in the building. Enjoy serene open city views overlooking the condo's lush three acre private garden. Featuring wall-to-wall and floor-to-ceiling windows to soak in the views and light all day, and an expansive living room with separate dining area with hardwood plank flooring. The kitchen can easily be opened up to the living space creating the perfect open concept layout. The enormous master suite features a separate dressing area, loads of closet space, and a king-size bedroom. The en-suite spa-like bathroom has been completely renovated and enlarged with marble tile, walk in shower with rain shower head, extra large vanity, recessed medicine cabinet, stylish high-end finishes, and radient heated floors. The unit is complete with it's very own washer and dryer! All this, plus amazingly low common charges and taxes! There is currently an ongoing capital assessment of $160 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: 04/29/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,204

Year Built

  • Built in 1961

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 825 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

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

$9,204

Year Built

Built in 1961

Lot Details

0

HOA Fees

$733 per month

Listing Details

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

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 825.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 733.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

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: 9204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jan 7, 2022
Sold by
Iven R. Taub Executor and Jessica Eisen Executor
Bought by
Dee Deborah
Seller's Agent
Jason Lee
Compass
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$834,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,455
Avg. Annual Appreciation
-0.15%
Original Mortgage
$696,000
Outstanding Balance
$646,230
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,968

Purchase Details

Closed on
Mar 11, 1998
Sold by
Eisen Leonard
Bought by
Eisen Leonard and Eisen Ricky I
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Deed $870,000 --
Deed $870,000 --
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Interfamily Deed Transfer -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $696,000 Purchase Money Mortgage
Closed $696,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Rented $4,500 0.0% --
08/03/2022 08/03/22 For Rent $4,500 0.0% --
01/17/2022 01/17/22 Sold $895,000 0.0% $1,085 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $895,000 -- $1,085 / 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 $12,586 $102,313 $19,677 $82,636
2024 $12,586 $100,671 $19,677 $80,994
2023 $10,109 $99,884 $19,678 $80,206
2022 $9,771 $101,267 $19,678 $81,589
2021 $11,341 $92,452 $19,678 $72,774
2020 $9,364 $102,400 $19,678 $82,722
2019 $8,931 $100,098 $19,678 $80,420
2018 $10,273 $87,813 $19,678 $68,135
2017 $10,018 $93,227 $19,678 $73,549
2016 $9,559 $77,046 $19,678 $57,368
2015 $5,241 $72,235 $19,678 $52,557
2014 $5,241 $72,122 $19,678 $52,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10716044

Real Estate Board of New York (REBNY)

APN: 0936-2269