$5,300,000
SOLD FEB 13, 2025
4 Beds
5 Baths
3,170 Sq Ft
$5,495/mo HOA Fee

Recently Sold

$1,672 Per Sq Ft

12% Below List Price

255 Days on Market

Highlights

  • City View
  • Theater or Screening Room
  • High-Rise Condominium
  • P.S. 158 The Bayard Taylor School Rated A
  • Elevator
  • 5-minute walk to John Jay Park

About This Home

As of February 2025

This Spectacular and sun-flooded custom-designed home has 4 bedrooms, 5 bathrooms plus a den/home office and great room. Just shy of 3,200 sqft, this apt is a perfect combination of living space and entertaining space. The floor-to-ceiling windows offer wide open views to the North, South, and West, and the 11-foot ceilings make you feel like you are in a house in the sky.
Enter via a semi-private landing into a gracious gallery filled with light. The enormous eat-in kitchen features a huge island and top-of-the-line appliances. Off the kitchen is a spacious open great room (or 2nd Living room) with ample space for both dining and cozy lounging. This room is sure to become the heart of your home. For more formal entertaining, there is an elegant living room and a separate dining room.
The sunny South-facing primary bedroom suite offers two large walk-in closets and a five-fixture primary marble bathroom complete with double vanity. All three additional bedrooms have en-suite bathrooms and ample closet space in addition to a home office, providing versatility to suit any lifestyle. Storage available.
The Arcadia is a stunning boutique condominium boasting only 48 units. Recently transformed with exquisite attention to detail, the hallways, lobby, and amenity spaces have been thoughtfully reimagined to create an unparalleled living experience. 24-hour doorman and concierge who ensure your every need is met. Enjoy access to state-of-the-art amenities, including a gym complete with a separate yoga/ballet studio for the ultimate workout experience, as well as a playroom. For those seeking entertainment options as an extension of their home, The Arcadia offers a great room and Library/Entertainment Suite featuring catering kitchen facilities- ideal for hosting guests.
Conveniently located near the 2nd avenue Q subway line and FDR Drive, transportation is easily accessible, in addition to being situated near Carl Shurz Park- to enjoy daily walks or runs. Transfer fees equaling 12 months' common charges. Taxes advertised include primary residence tax abatement as of August 19, 2023.

Last Agent to Sell the Property

Beth Benalloul

Corcoran Group License #30BE1059895 Listed on: 09/06/2024

Corcoran Group

Co-Listed By

Whitney Tanquary

Corcoran Group License #10401374029

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $5,495 Monthly HOA Fees

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 3,170 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1648 / 01473

Community Details

Overview

  • 46 Units
  • High-Rise Condominium
  • Arcadia Condos
  • Lenox Hill Subdivision
  • 20-Story Property

Amenities

  • Theater or Screening Room
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$5,495 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 15
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Dogs and Cats are allowed.,Building Pets Allowed Comments:Dogs and Cats are allowed.
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 3170.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Screening Room
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5495.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: R

Building Info

  • New Construction: No
  • Building Name: ARCADIA
  • Units: 46
  • Total Stories: 20
  • Year Built: 2005

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01473
  • Tax Lot: 1648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Feb 13, 2025
Sold by
Landis Andrew James and Landis Hilary Jill
Bought by
Matalon Arielle and Matalon Paul
Seller's Agent
Beth Benalloul
Corcoran Group
List Price
$5,995,000
Sold Price
$5,300,000
Premium/Discount to List
-$695,000
-11.59%
Views
41
Current Estimated Value
$2,692,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,607,080
Avg. Annual Appreciation
-56.65%
Original Mortgage
$1,763,000
Outstanding Balance
$1,751,039
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$941,881

Purchase Details

Closed on
Sep 23, 2011
Sold by
Landis Andrew James
Bought by
Landis Andrew James and Landis Hilary Jill

Purchase Details

Closed on
Dec 5, 2005
Sold by
Hiyee Realty Corp and Jeelee Llc
Bought by
Landis Andrew James
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 Type Sale Price Title Company
Deed $5,300,000 --
Deed -- --
Deed -- --
Deed $1,534,890 --
Deed $1,534,890 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,763,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $5,300,000 -3.5% $1,672 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $5,495,000 -99.0% $1,733 / Sq Ft
09/23/2024 09/23/24 Price Changed $549,500,030 +9066.0% $173,344 / Sq Ft
09/06/2024 09/06/24 For Sale $5,995,000 +13.1% $1,891 / Sq Ft
08/24/2024 08/24/24 Off Market $5,300,000 -- --
08/23/2024 08/23/24 For Sale $5,995,000 +13.1% $1,891 / Sq Ft
08/22/2024 08/22/24 Off Market $5,300,000 -- --
02/22/2024 02/22/24 For Sale $5,995,000 -- $1,891 / 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 $22,284 $179,000 $17,072 $161,928
2024 $22,284 $178,245 $17,072 $161,173
2023 $17,891 $176,779 $17,072 $159,707
2022 $17,711 $175,603 $17,072 $158,531
2021 $20,972 $170,965 $17,072 $153,893
2020 $17,621 $189,278 $17,072 $172,206
2019 $17,008 $185,022 $17,072 $167,950
2018 $19,565 $178,557 $17,072 $161,485
2017 $18,277 $164,518 $17,072 $147,446
2016 $15,036 $158,810 $17,072 $141,738
2015 $6,252 $143,935 $17,072 $126,863
2014 $6,252 $136,838 $17,072 $119,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10968310

Real Estate Board of New York (REBNY)

APN: 1473-1613