NOT LISTED FOR SALE

Estimated Value: $2,307,418

3 Beds
2 Baths
-- Sq Ft
$1,016/mo HOA Fee

Last Sold February 26, 2024

Last sale price $2,200,000

Est. 5% increase in value since last sale

Current estimated payment $15,157/month

61 Days on Market

Highlights

  • City View
  • Sixth Avenue Elementary School Rated A
  • 3-minute walk to 23 Street (4,6 Line)

About This Home

As of February 2024

Elegant Full-Floor Condo Loft Residency in Historical 1907 Building in Flatiron. Live/Work Flexibility and Low Carrying Costs.

Nestled in the heart of the prestigious Gramercy/Flatiron district, this luxurious building, established in 1907, proudly houses just 11 full-floor lofts. Each designed for the discerning individual who values both a lavish living environment and a functional workspace.

Enter directly from a privately-accessed elevator into a palatial living space, epitomizing modern luxury combined with timeless elegance. Every corner of this residence has been meticulously renovated to showcase a state-of-the-art chef's kitchen. Revel in culinary perfection with high-end appliances such as a Wolf range, a Sub-Zero refrigerator, and complemented with refined granite countertops. Bosch ensures your dishwashing and laundry needs are seamlessly met with their top-tier dishwasher and washer & dryer.

Drench your living space with abundant natural light, thanks to windows gracing three different exposures. The living room boasts an impressive 22-foot wall of windows, serving you panoramic city views that will enchant both day and night. With a versatile layout, this loft currently offers two generously-sized bedrooms but holds the potential to transform seamlessly into a three-bedroom haven.

Embrace this unparalleled opportunity to invest in an illustrious LIVE/WORK loft. Positioned amidst the city's finest shops and eateries, this Gramercy/Flatiron gem is not just a residence; it's a lifestyle waiting to be experienced.

Kindly note an assessment of $481/Mo for the replenishment of the building reserve fund.
Also please note an assessment of $694/Mo for the completion of Local Law 11 until May 31, 2024.

Last Agent to Sell the Property

William McLarnon

Corcoran Group License #10401290440 Listed on: 09/13/2023

Corcoran Group

Co-Listed By

Steven Gold

Corcoran Group License #10301217491

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,320

Year Built

  • Built in 1907

HOA Fees

  • $1,016 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Views
  • Washer Dryer Allowed
  • No Cooling

Community Details

  • 11 Units
  • Flatiron Subdivision
  • 9-Story Property

Listing and Financial Details

  • Tax Block 00849

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,320

Year Built

Built in 1907

Lot Details

0

HOA Fees

$1,016 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Architectural Style: Loft
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed ,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, Building Washer Dryer Install Allowed
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1016.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 11
  • Total Stories: 9
  • Year Built: 1907

Tax Info

  • Tax Block: 00849
  • Tax Lot: 0000
  • Tax Annual: 22320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Feb 26, 2024
Sold by
Archer Holding Llc
Bought by
Sullivan Patrick Joseph and Zappetti Dawn Michele
Seller's Agent
William McLarnon
Corcoran Group
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%
Views
192
Current Estimated Value
$2,307,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,418
Avg. Annual Appreciation
2.78%
Original Mortgage
$1,100,000
Outstanding Balance
$1,079,442
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,227,977

Purchase Details

Closed on
Sep 9, 2011
Sold by
Gavin Ivan
Bought by
Archer Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2002
Sold by
Domeniconi Marco and Domeniconi Robin Rosenb
Bought by
Nathan Elyahoo T and Nathan Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1998
Sold by
Whitney James R and Reichgut Richard
Bought by
Domeniconi Robin Rosenberg and Domeniconi Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,169
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 1997
Sold by
Stermer Carol Lee and Stermer Harvey M
Bought by
Whitney James R and Reichgut Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sullivan Patrick Joseph $2,200,000 --
Sullivan Patrick Joseph $2,200,000 --
Archer Holding Llc $2,100,000 --
Archer Holding Llc $2,100,000 --
Nathan Elyahoo T -- --
Nathan Elyahoo T -- --
Domeniconi Robin Rosenberg $395,500 --
Domeniconi Robin Rosenberg $395,500 --
Whitney James R $475,000 --
Whitney James R $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Patrick Joseph $1,100,000
Closed Sullivan Patrick Joseph $1,100,000
Previous Owner Archer Holding Llc $600,000
Previous Owner Nathan Elyahoo T $825,000
Previous Owner Domeniconi Robin Rosenberg $239,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $2,200,000 -7.4% --
11/14/2023 11/14/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $2,375,000 -4.8% --
09/13/2023 09/13/23 For Sale $2,495,000 0.0% --
02/04/2019 02/04/19 Rented -- -- --
01/05/2019 01/05/19 Under Contract -- -- --
10/20/2018 10/20/18 For Rent $10,000 -- --
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 $23,463 $220,070 $29,770 $190,300
2024 $23,463 $221,515 $29,770 $191,745
2023 $23,781 $223,377 $29,770 $193,607
2022 $22,545 $209,620 $29,770 $179,850
2021 $20,313 $189,951 $29,770 $160,181
2020 $23,705 $247,186 $29,770 $217,416
2019 $22,474 $244,017 $29,770 $214,247
2018 $21,409 $228,729 $29,770 $198,959
2017 $20,436 $213,675 $29,770 $183,905
2016 $21,083 $201,789 $29,769 $172,020
2015 $8,278 $219,780 $29,769 $190,011
2014 $8,278 $209,877 $29,770 $180,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10936885

Real Estate Board of New York (REBNY)

APN: 0849-1005