NOT LISTED FOR SALE

Estimated Value: $5,263,000 - $16,073,066

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold August 05, 2015

Current estimated payment $66,001/month

125 Days on Market

About This Home

As of August 2015

42 West 71st Street is an exceptionally renovated five story, single family mansion nestled in one of the best Central Park blocks on the Upper West Side. Wonderfully bright and surrounded by other townhouse gardens on all sides, this grand 20' wide home enjoys huge ceiling heights on every floor and boasts over 8,560 square feet of magnificent interior living space, plus an additional 1,700 square feet of outdoor space in the South garden, terrace and roof deck.

The property has undergone an extensive three year renovation that is just now being completed. Every detail was considered, from the newly built rear glass facade to the exceptional Poggenpohl chef's kitchen. The townhouse features an elevator that services all floors from the basement to the top level, Lutron lighting, a Sonos audio system, dark-stained oak flooring, elegant Italian marble kitchen and baths, a wine cellar with a 1,000+ bottle capacity, multiple outdoor spaces including a huge roof terrace with a fully-equipped wet bar with gas/electric service and a 14-zone HVAC system. This home is completely wired for smart home technology including TV, phone, data, cameras and WiFi. All windows throughout the home are prewired for motorized shades to suit the owner's design and function.

Located on a wonderful tree-lined townhouse block in the low West 70s, this fantastic home gives easy access to Central Park, Lincoln Center, Time Warner Center and some of the best dining and shopping in New York City.

LAYOUT

Basement:

The finished basement features a large recreation room with adjacent half bath, a generous 1,000+ bottle wine cellar, laundry room, plentiful storage spaces and building mechanicals.

Garden Floor:

The wonderfully planted South garden receives abundant natural sunlight throughout the day. A cheerful, bright breakfast room and cozy den with a fireplace are adjacent to the marble Poggenpohl chef's kitchen with top-of-the-line Wolf and Sub-Zero appliances. An elegant dining room and marble guest powder room complete this floor.

Parlor Floor:

The beautiful Parlor Floor boasts ceiling heights that soar to nearly 12 feet, and 3 gracious fireplaces. Enter through the foyer to the reception area with grand custom-built bow-front windows, a marble guest bath and wet bar. The magnificent living room at the rear of the home gleams with Southern light that pours through the glass facade and the brilliantly lit sunroom features a charming Juliet balcony that overlooks the garden below.

Third Floor:

Ascend the impressive staircase to a luxurious full-floor master suite. The stately master bedroom features a beautiful fireplace, elegant millwork and grand proportions. This floor affords two luxurious marble baths, a massive dressing area, and private master study.

Fourth Floor:

This floor features two brilliantly bright and spacious bedroom suites, each replete with walk-in closets and marble baths. The rear bedroom features a serene South-facing terrace overlooking the surrounding townhouse gardens.

Fifth Floor:

The fifth level which boasts almost 10 foot high ceilings features a lounge/playroom with a wet bar/kitchenette, and two additional bedrooms with ensuite baths. A large skylight captures natural light from the roof deck above.

Roof Deck:

The gorgeous planted roof deck features an additional wet bar and offers breathtaking Central Park and city views. This floor is perfect for entertaining as it features full gas, electric and water service. This wonderful outdoor space is outfitted with Lutron lighting and enjoys open light from all sides. It is a perfect compliment to the garden and private lower terrace.

Last Agent to Sell the Property

David Kornmeier

Brown Harris Stevens Residential Sales LLC License #30KO0995070 Listed on: 03/03/2015

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,961

Listing and Financial Details

  • Legal Lot and Block 52 / 1123

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,961

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Special Features: None
  • Property Sub Type: Detached

Building Info

  • Units: 1

Tax Info

  • Tax Block: 1123
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2015
Closed on
Aug 3, 2015
Sold by
Article V Trust U/W/O Israel Krakowski and Krakowski Trustee Harry
Bought by
Gff Investment Llc and Krakowski Trustee Harry
Seller's Agent
David Kornmeier
Brown Harris Stevens Residential Sales LLC
List Price
$19,950,000
Current Estimated Value
$10,668,033

Purchase Details

Closed on
Mar 15, 2011
Sold by
Muir Katharine
Bought by
Spruce 71St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,175,217
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1996
Sold by
Askin Katharine Muir
Bought by
Muir Katharine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gff Investment Llc $18,355,000 --
Gff Investment Llc $18,355,000 --
Article V Trust U/W/O Of Israel Krakowsk -- --
Spruce 71St Llc $6,345,000 --
Spruce 71St Llc $6,345,000 --
Muir Katharine -- Chicago Title Insurance
Muir Katharine -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spruce 71St Llc $3,236,945
Previous Owner Spruce 71St Llc $4,175,217
Previous Owner Spruce 71St Llc $1,500,000
Previous Owner Muir Katharine $2,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold -- -- --
07/06/2015 07/06/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $19,950,000 -- --
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 $109,961 $580,326 $132,610 $447,716
2024 $109,961 $547,477 $203,040 $394,731
2023 $104,978 $516,902 $122,802 $394,100
2022 $103,189 $906,420 $203,040 $703,380
2021 $107,881 $896,280 $203,040 $693,240
2020 $102,365 $966,900 $203,040 $763,860
2019 $95,439 $951,660 $203,040 $748,620
2018 $87,809 $430,752 $91,844 $338,908
2017 $87,809 $430,752 $106,640 $324,112
2016 $85,670 $428,542 $143,228 $285,314
2015 $34,030 $404,285 $202,681 $201,604
2014 $34,030 $371,043 $200,420 $170,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10061641

Real Estate Board of New York (REBNY)

APN: 1123-0052