NOT LISTED FOR SALE

Estimated Value: $1,756,000 - $2,432,000

2 Beds
2 Baths
1,387 Sq Ft
$1,780/mo HOA Fee

Last Sold July 25, 2023

Last sale price $2,275,000 $1,640 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $15,350/month

118 Days on Market

Highlights

  • Balcony
  • P.S. 111 Adolph S. Ochs Rated A-
  • 3-minute walk to 59 Street-Columbus Circle

About This Home

As of July 2023

BEST CONDO VALUE AT $1,659 a square foot or only $2,300,000 for a 1,387 SF beautiful home ready to move right into. Seller has relocated and wants to sell NOW!

This apartment checks all the boxes and sits at the epicenter of the finest shopping, dining and entertainment New York City has to offer. This 38th floor CONDO home boasts 1,400 square feet with a perfect layout, beautifully renovated, with all day sun and panoramic views sunrise to twilight. Located just steps from Billionaire Row and one block to Central Park. Originally, 3 bedrooms, now a spacious knock out 2 bedroom, 2 bath home (bedroom 3 may be restored and plumbing is intact for the half bath).

Enter through a hallway, laden with closets to the spacious foyer that welcomes you to this airy and bright corner home with three exposures, new Mirage sand dune hardwood floors throughout and whisper quiet thermal double paned windows with an abundance of great built in storage in all rooms. The living room, with adjacent dining room creates a wide open loft like area perfect for casual or formal entertaining or a relaxing comfort zone. Step outside on the large balcony and see mesmerizing views of the City, Central Park, Hudson River, George Washington Bridge and the beyond! There is also a convenient work alcove with custom-built Bo Concept desk and cabinets. The sleek kitchen features great storage, top of the line appliances, Casertone countertops with an attractive backsplash and a Miele built- in coffee system. The washer and dryer are located on the floor and never busy with only 4 other units. The two grand sized bedrooms enjoy a split layout for privacy in separate wings . The grand primary Bedroom, features an enormous Poliform walk in custom appointed fitted closet and a large en-suite bathroom with wonderful storage featuring Vola fixtures and Waterworks tiles with a separate stall shower, and a deep soaking tub. The spacious second bedroom has great built in storage and a custom appointed walk in closet and windowed second bath with Thassos marble flooring, custom tile and Vola fixtures. This bedroom offers stunning southern views to downtown.

The Colonnade Condominium prides itself on great service and security and features a beautiful grand Lobby, 24 hour doorman plus a service person managing deliveries and packages in the package room at the rear entrance. There is a resident manager, brand new gym and ladies and men lockers each with a sauna, kids playroom with complimentary WI-Fi and gorgeous newly renovated Sky Lounge with caterer's kitchen and a piano, storage as well as bike storage and washer and dryer on every floor. This coveted midtown west location has every convenience starting with all transportation at your doorstep. Enjoy Central Park, Lincoln Center, MOMA, Carnegie Hall, Columbus Circle and the Time Warner shopping complex including Whole Foods, Target, Nordstrom and TJ Max to name a few in the best walk everywhere location! All the daily convenience stores you would want plus the very finest restaurants, bistros, entertainment and cultural landmarks in NYC. Enjoy living at its finest in this special residence.

Last Listed By

Barbara Lockwood

Douglas Elliman Real Estate License #30LO0994584 Listed on: 02/17/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,696

Year Built

  • Built in 1983

HOA Fees

  • $1,780 Monthly HOA Fees

Home Design

  • 1,387 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Community Details

  • 261 Units
  • The Colonnade Condos
  • Middle West Side Subdivision
  • 46-Story Property

Listing and Financial Details

  • Tax Block 01048

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,696

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,780 per month

Listing Details

  • Cross Street: 8 AVENUE and 9 AVENUE
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • Entry Level: 38
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 46

Interior Features

  • Living Area: 1387.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1780.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE COLONNADE
  • Units: 261
  • Total Stories: 46
  • Year Built: 1983

Tax Info

  • Tax Block: 01048
  • Tax Annual: 24696.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jul 25, 2023
Sold by
Buchman John Lewis and Buchman Kit Han
Bought by
38C West 57Th Llc
Seller's Agent
Barbara Lockwood
Douglas Elliman Real Estate
List Price
$2,300,000
Sold Price
$2,275,000
Premium/Discount to List
-$25,000
-1.09%
Total Days on Market
118
Views
50
Current Estimated Value
$2,063,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,674
Avg. Annual Appreciation
-5.14%

Purchase Details

Closed on
Apr 19, 2016
Sold by
Vigon Ana
Bought by
Buchman John Lewis and Fung Jane Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
38C West 57Th Llc $2,275,000 --
Buchman John Lewis $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchman John Lewis $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $2,275,000 -1.1% $1,640 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $2,300,000 0.0% $1,658 / Sq Ft
06/07/2023 06/07/23 Off Market $2,300,000 -- --
06/04/2023 06/04/23 Price Changed $2,300,000 -7.8% $1,658 / Sq Ft
04/04/2023 04/04/23 Price Changed $2,495,000 -6.7% $1,799 / Sq Ft
02/17/2023 02/17/23 For Sale $2,675,000 -- $1,929 / 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
2024 $31,438 $251,463 $37,507 $213,956
2023 $25,388 $255,562 $37,507 $218,055
2022 $24,856 $246,250 $37,507 $208,743
2021 $30,555 $249,082 $37,507 $211,575
2020 $26,453 $273,900 $37,507 $236,393
2019 $30,890 $273,926 $37,507 $236,419
2016 $25,360 $248,893 $37,507 $211,386
2015 $12,808 $213,104 $37,507 $175,597
2014 $12,808 $205,152 $37,507 $167,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10870352

Real Estate Board of New York (REBNY)

APN: 1048-1118