NOT LISTED FOR SALE

Estimated Value: $4,339,723

4 Beds
3.5 Baths
2,800 Sq Ft
$3,574/mo HOA Fee

Last Sold July 14, 2023

Last sale price $4,550,000 $1,625 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $31,992/month

396 Days on Market

Highlights

  • River View
  • Central Air
  • Laundry Facilities
  • P.S. 183 - Robert L. Stevenson Rated A
  • Garage
  • 1-minute walk to St. Catherine's Park

About This Home

As of July 2023

SUPERIOR LIVING BEYOND IMAGINATION





This remarkable 4-bedroom, 3.5-bath apartment offers a scenic respite from the hustle and bustle of New York City. Perched on the 27th floor of The Laurel, the home features scenic views from multiple exposures, as well as a thoughtful, contemporary design that perfectly blends luxury and functionality.



After entering the home's welcoming foyer, you are led to an expansive great room and dining area. High ceilings and nearly floor-to-ceiling windows flood the space with natural light while providing picturesque city and East River views. The kitchen is a dream for any home chef, outfitted with Poggenpohl cabinetry and both Gaggenau and Sub-Zero appliances.



The home's primary bedroom suite features an elegant bath with soaking tub, a separate walk-in shower, a double vanity, and radiant heat mosaic floors. The three additional bedrooms are also spacious and feature California closets. They are conveniently situated adjacent to the other bathrooms.



Additional highlights include a hidden office, powder room adorned with glass mosaic tile, a laundry room with a Bosch washer and dryer, solid oak flooring throughout, year-round climate control capabilities, and private storage.



The Laurel is a LEED certified "green" condominium with a live-in resident manager, full-service staff, and an in-building parking garage. This luxury residence has over 12,000 square feet of amenities, including The Trophy Club: The Laurel's bi-level, state-of-the-art fitness center. It features a 50-foot lap pool, as well as a sauna and steam room. The Laurel Club includes a double-height atrium lounge with a private screening theater, as well as a large dining/conference room complete with a catering kitchen. On the upper floor is a children's playroom with an arcade, a billiard table and a quiet homework space complete with computers.



The building is situated in the heart of the Upper East Side, allowing for easy access to the East River Walkway, St. Catherine's Park, various restaurants and boutiques, and convenient transportation.



** THIS IS A CO-EXCLUSIVE WITH MARIA CANGIANO OF BROWN HARRIS STEVENS

Last Listed By

Alexandra Loeb

Compass License #40LO0957821 Listed on: 04/25/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,880

Year Built

  • Built in 2005

HOA Fees

  • $3,574 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 2,800 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1461

Community Details

Overview

  • Upper East Side Subdivision
  • 30-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,880

Year Built

Built in 2005

Lot Details

0

HOA Fees

$3,574 per month

Listing Details

  • Cross Street: First Avenue/York Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 27
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 8

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: River
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3574.0
  • 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: 30
  • Year Built: 2005

Tax Info

  • Tax Block: 1461
  • Tax Lot: 7501
  • Tax Annual: 41880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 14, 2023
Sold by
Maltese Terry and Whitman Maltese Arielle
Bought by
Benbahtane Ghita and Fassi-Fehri Hamza
Seller's Agent
Alexandra Loeb
Compass
List Price
$5,499,000
Sold Price
$4,550,000
Premium/Discount to List
-$949,000
-17.26%
Total Days on Market
396
Views
21
Current Estimated Value
$4,339,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,277
Avg. Annual Appreciation
-2.12%
Original Mortgage
$2,600,000
Outstanding Balance
$2,554,906
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,821,233

Purchase Details

Closed on
Apr 29, 2011
Sold by
1240 First Avenue Llc
Bought by
Maltese Arielle Whitman and Maltese Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Benbahtane Ghita $4,550,000 --
Maltese Arielle Whitman $5,804,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benbahtane Ghita $2,600,000
Previous Owner Maltese Arielle $500,000
Previous Owner Maltese Arielle Whitman $604,216
Previous Owner Maltese Arielle Whitman $1,000,000
Previous Owner Maltese Terry $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $4,550,000 0.0% $1,625 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
11/11/2022 11/11/22 Off Market $4,550,000 -- --
10/11/2022 10/11/22 Price Changed $4,999,000 -9.1% $1,785 / Sq Ft
04/29/2022 04/29/22 For Sale $5,499,000 -- $1,964 / 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 $52,295 $418,292 $31,210 $387,082
2023 $41,038 $405,507 $31,210 $374,297
2022 $40,161 $397,878 $31,210 $366,668
2021 $50,500 $411,670 $31,210 $380,460
2020 $40,938 $455,765 $31,210 $424,555
2019 $39,362 $445,521 $31,210 $414,311
2018 $29,111 $402,188 $31,209 $370,979
2017 $29,526 $438,885 $31,210 $407,675
2016 $19,791 $389,450 $31,210 $358,240
2015 $1,586 $345,307 $31,210 $314,097
2014 $1,586 $340,929 $31,209 $309,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10880837

Real Estate Board of New York (REBNY)

APN: 1461-1121