NOT LISTED FOR SALE

Estimated Value: $634,000 - $745,000

1 Bed
1 Bath
548 Sq Ft
$827/mo HOA Fee

Last Sold August 29, 2023

Last sale price $740,000 $1,350 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,287/month

140 Days on Market

About This Home

As of August 2023

Magical City views from this triple mint renovated high floor one bedroom condominium with low carrying costs! Massive windows fill this residence with all day southern light and a magnificent Manhattan Skyline from the entertaining space, and the bedroom. The entertaining area is perfect for relaxing with the sun-filled warmth during the day and iconic views at night. There is a breakfast bar for two and a pass through window to a well-designed kitchen. The chef's kitchen features stainless appliances such as: 30" wide 4-burner range, GE built in microwave with self-circulating fan, 30" wide Maytag refrigerator, 24" whirlpool dishwasher, a 24" stainless undermount sink, Caesarstone counters, marble mosaic back splash, white cabinets, and 12" x 24" floor tiles.

Enter the bedroom through doors from the living room into a sanctuary of calm. There is a double closet and entrance to a large windowed bathroom that is beautifully renovated by anyone's standard. Oversized wall tile in a staggered pattern, a large vanity with a stone counter top, and equally attractive stone floors complete this full bath. There is also a double closet by the entry area and a deep closet for utilities and pantry items.

New thru wall AC/Heat Simon-Aire units, where you can have AC all year around. With only two other residences on the landing, this boutique condominium has full time doormen, resident manager and the cleanest basement, with an immaculate large laundry room. The monthly common charges are $830 and the monthly taxes are $765. There is small assessment of $115 until January 2024 , there is a 2% flip Tax and 80% Maximum financing permitted.

The location is excellent, easy access to transportation, Whole Foods, countless neighborhood services, and endless dining options.

Last Agent to Sell the Property

Amy Katcher

Corcoran Group License #30KA0478833 Listed on: 02/02/2023

Corcoran Group

Co-Listed By

Curtis Rhine

Corcoran Group License #10301206692

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,192

Year Built

  • Built in 1986

Lot Details

  • 8,973

HOA Fees

  • $827 Monthly HOA Fees

Home Design

  • Entry on the 21st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 75 Units
  • Sutton View Condos
  • Middle East Side Subdivision
  • 27-Story Property

Listing and Financial Details

  • Tax Block 01369

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,192

Year Built

Built in 1986

Lot Details

0

HOA Fees

$827 per month

Listing Details

  • Cross Street: 1 AVENUE and SUTTON PLACE
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 21
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 27

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 827.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: SUTTON VIEW
  • Units: 75
  • Total Stories: 27
  • Year Built: 1986

Tax Info

  • Tax Block: 01369
  • Tax Annual: 9192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Aug 29, 2023
Sold by
Silverman Lewis H and Silverman Lynn B
Bought by
Cappellazzo Richard
Seller's Agent
Amy Katcher
Corcoran Group
List Price
$815,000
Sold Price
$740,000
Premium/Discount to List
-$75,000
-9.2%
Views
34
Current Estimated Value
$690,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,635
Avg. Annual Appreciation
-5.11%
Original Mortgage
$592,000
Outstanding Balance
$580,836
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,985

Purchase Details

Closed on
Jan 25, 2001
Sold by
Fourault Yves and Fourault Marie-Cecile
Bought by
Silverman Lewis H and Silverman Lynn B
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
Cappellazzo Richard $740,000 --
Silverman Lewis H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cappellazzo Richard $592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $740,000 -1.3% $1,350 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $750,000 -2.0% $1,369 / Sq Ft
05/16/2023 05/16/23 Price Changed $765,000 -2.5% $1,396 / Sq Ft
03/03/2023 03/03/23 Price Changed $785,000 -3.7% $1,432 / Sq Ft
02/02/2023 02/02/23 For Sale $815,000 -- $1,487 / 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 $9,772 $79,559 $17,762 $61,797
2024 $9,772 $78,163 $17,762 $60,401
2023 $9,442 $76,970 $17,762 $59,208
2022 $9,163 $74,891 $17,762 $57,129
2021 $9,069 $73,931 $17,762 $56,169
2020 $9,177 $81,818 $17,762 $64,056
2019 $9,044 $81,905 $17,762 $64,143
2018 $8,597 $68,652 $17,762 $50,890
2017 $8,410 $70,866 $17,762 $53,104
2016 $8,283 $69,952 $17,762 $52,190
2015 $4,889 $67,197 $17,762 $49,435
2014 $4,889 $64,415 $17,762 $46,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10890955

Real Estate Board of New York (REBNY)

APN: 1369-1058