Seller Co-Listing Agent in 2023
Amy Arpadi
Corcoran Group
(917) 929-2234
13 in this area
21 Total Sales
41 W 68th St New York, NY 10023
Lincoln Square NeighborhoodEstimated Value: $3,995,738
9
Beds
10
Baths
5,092
Sq Ft
$785/Sq Ft
Est. Value
About This Home
As of May 202341 West 68th Street is a multi-unit townhouse offering an ideal owner/user scenario or investment opportunity. Perfectly located on a prime Upper West Side block between Central Park West and Columbus Avenue. The 18' wide- five story plus basement--Renaissance and Romanesque Revival style townhouse--currently offers the entire parlor floor (vacant - owner occupied), garden rear, second and third floor front apartments vacant. The ground floor front apartment (currently on a month to month basis) could be combined with the garden floor rear apartment and the parlor floor to make an incredible user duplex with a garden. Fully rented - the current yearly gross rental income including the parlor floor at $5,000 a month would be $284,364.
Henry Andersen was the architect and Duncan C. McKinley the builder of the house circa 1892-94. The facade is painted brownstone and retains many of its original decorative elements as well as the stoop. Inside, one is welcomed into a beautiful original carved wood entry that sets the tone for the entire house. Exceptionally high ceilings throughout, original decorative fireplaces and pocket doors are just a few of the many features of the landmarked property.
The location couldn't be more desirable. Exit 41 West 68th Street and go left to Central Park for world-class outdoor enjoyment, or go right to Columbus Avenue for the many delicious restaurants and chic shops that the Upper West Side of New York has to offer. A few blocks south and you're in the heart of Lincoln Center.
Whether you plan to use part of the house as home/pied-a-terre - or rent the entire house out - this is an amazing opportunity to enjoy the convenience and beauty of life on the Upper West Side of Manhattan. Please contact us with any questions you may have and / or to receive the complete set-up for the building.
The house is SHOWN BY APPOINTMENT ONLY. Please contact us today to schedule yours.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $59,282
Lot Details
- 1,830
Home Design
- 5,092 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 10 Full Bathrooms
Laundry
- Washer Dryer Allowed
Community Details
- 9 Units
- Upper West Side Subdivision
- 5-Story Property
Listing and Financial Details
- Tax Block 01121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2022
Closed on
May 2, 2023
Sold by
41 West 68 Llc
Bought by
West68 Llc
List Price
$4,900,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,000,000
-20.41%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,738
Avg. Annual Appreciation
0.73%
Purchase Details
Closed on
Dec 28, 2011
Sold by
Hidalgo Trinidad
Bought by
41 West 68 Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West68 Llc | $3,900,000 | -- | |
| 41 West 68 Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 41 West 68 Llc | $854,268 | |
| Previous Owner | 41 West 68 Llc | $1,500,000 | |
| Previous Owner | Hidalgo Trinidad | $551,052 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $3,900,000 | -13.3% | $766 / Sq Ft |
| 11/08/2022 11/08/22 | Pending | -- | -- | -- |
| 09/12/2022 09/12/22 | Price Changed | $4,500,000 | -8.2% | $884 / Sq Ft |
| 04/20/2022 04/20/22 | For Sale | $4,900,000 | -- | $962 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $59,282 | $489,436 | $126,998 | $362,438 |
| 2024 | $59,282 | $474,183 | $375,750 | $356,273 |
| 2023 | $632 | $439,109 | $117,556 | $321,553 |
| 2022 | $49,748 | $1,521,000 | $375,750 | $1,145,250 |
| 2021 | $46,184 | $1,789,650 | $375,750 | $1,413,900 |
| 2020 | $46,959 | $1,737,450 | $375,750 | $1,361,700 |
| 2019 | $45,990 | $1,447,740 | $375,750 | $1,071,990 |
| 2018 | $42,962 | $337,776 | $105,201 | $232,575 |
| 2017 | $39,782 | $312,774 | $110,946 | $201,828 |
| 2016 | $37,336 | $289,607 | $113,212 | $176,395 |
| 2015 | $24,239 | $289,607 | $100,801 | $188,806 |
| 2014 | $24,239 | $280,582 | $104,220 | $176,362 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Arpadi
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10844931
APN: 1121-0015
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