NOT LISTED FOR SALE

Estimated Value: $1,011,000 - $1,945,000

2 Beds
2 Baths
1,140 Sq Ft
$1,073/mo HOA Fee

Last Sold November 08, 2024

Last sale price $1,427,500 $1,252 Per Sq Ft

Current estimated payment $9,962/month

Highlights

  • Community Garden
  • Window Unit Cooling System
  • Garage
  • River School (The) Rated A
  • Entrance Foyer
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of November 2024

Enjoy views overlooking the treetops in this high-floor, fully renovated two-bedroom, two-bath apartment within the iconic I.M. Pei-designed Kips Bay Towers Condominium. This exceptional unit features oversized north-facing windows that provide panoramic views of the private 3.5-acre garden below.

Enter the property through a spacious foyer, which draws you into the dining room and expansive living and entertaining space. The massive living room is twenty-five feet deep and offers sixteen feet of north-facing windows. The modern kitchen is ideal for entertaining, with an oversized GE Profile range, refrigerator, microwave, and Kitchen-Aid dishwasher. All the cabinetry has been custom-designed for a perfect fit, maximizing storage. Unique to C-line, the primary kitchen wall could be removed to create an open-plan kitchen if desired, opening the apartment even further. (see virtual renovation).

The generously proportioned bedrooms all include California Closet systems. The guest room offers two large closets and an integrated dual desk and shelving system ideal for a work-at-home situation and additional storage. The primary bedroom features an ensuite bathroom, three large closets, and two smaller pantries.

The apartment is completely move-in ready, with two fully renovated modern bathrooms, updated parquet floors, and freshly painted walls.

Kips Bay Towers is a full-service luxury condominium building offering a 24-hour doorman, on-site laundry, a fully equipped gym, and a newly renovated lobby. The private garden is adorned with over forty trees, manicured lawns, and firefly-filled flower beds that rival Gramercy Park. A full-size outdoor basketball/pickleball court and children’s playground are also equipped with slides and swings.

The entire property is currently undergoing Local Law 11 exterior work, with scaffolding surrounding it. Work on the 343 side of the South Tower has been completed, and the scaffolding is expected to be removed shortly, pending DOB approval.

The property encompasses three city blocks and is convenient to Fairway, Trader Joe’s, and the AMC Kips Bay movie theater. Great restaurants and shops abound. Accessible transportation options include the six train, M15, M15-SBS, and M34 buses, the recently upgraded NYC Ferry to Queens, Brooklyn, and Wall Street, the SeaStreak port, and multiple Citibike stations dot the neighborhood.

Last Agent to Sell the Property

Scott Laine

R New York License #10401298366 Listed on: 06/03/2024

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,596

Year Built

  • Built in 1961

HOA Fees

  • $1,073 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 1,140 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • North Facing Home
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 7501 / 936

Community Details

Overview

  • High-Rise Condominium
  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,596

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,073 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 9
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 1140.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Storage, Building Garden

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1073.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 21
  • Year Built: 1961

Tax Info

  • Tax Block: 936
  • Tax Lot: 7501
  • Tax Annual: 13596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Nov 8, 2024
Sold by
Emilie Tribich Revocable Trust and Emilie Tribich Co-Trustee
Bought by
Chen Yizhuo
Seller's Agent
Scott Laine
R New York
List Price
$1,575,000
Sold Price
$1,427,500
Premium/Discount to List
-$147,500
-9.37%
Views
38
Current Estimated Value
$1,429,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,440
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
May 1, 2020
Sold by
Tribich Jay S
Bought by
Jay Tribich Trustee and The Jay Tribich Revocable Trust Dtd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Yizhuo $1,420,000 --
Jay Tribich Trustee $10 --
Emilie Tribich Revocable Trust Dtd $10 --
Jay Tribich Trustee $10 --
Tribich Emilie M $10 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $1,427,500 -4.5% $1,252 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,495,000 -3.5% $1,311 / Sq Ft
07/14/2024 07/14/24 Price Changed $1,550,000 -1.6% $1,360 / Sq Ft
06/03/2024 06/03/24 For Sale $1,575,000 -- $1,382 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
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 $16,318 $135,008 $25,965 $109,043
2024 $16,318 $132,842 $25,965 $106,877
2023 $15,884 $131,802 $25,966 $105,836
2022 $12,654 $133,628 $25,966 $107,662
2021 $14,663 $121,996 $25,966 $96,030
2020 $12,019 $135,123 $25,966 $109,157
2019 $11,345 $132,085 $25,966 $106,119
2018 $12,899 $115,875 $25,966 $89,909
2017 $13,149 $123,019 $25,966 $97,053
2016 $12,611 $101,668 $25,966 $75,702
2015 $6,736 $95,319 $25,966 $69,353
2014 $6,736 $95,170 $25,967 $69,203
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10986050

Real Estate Board of New York (REBNY)

APN: 0936-2116