NOT LISTED FOR SALE

421 E 50th St Unit 3F New York, NY 10022

Turtle Bay Neighborhood

Estimated Value: $582,000 - $1,370,000

1 Bed
1 Bath
395 Sq Ft
1902 Built

Sale Details

Date Sold: December 27, 2016

Last sale price $362,500 $918 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $6,262 / mo

550 Days on Market

Highlights

  • Pre War Building
  • Laundry Facilities
  • 2-minute walk to Peter Detmold Park Dog Run
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of December 2016

LOCATION,LOCATION!!!Charming and quiet enclave. Sponsor unit, no board approval required, high ceilings and excellent light. This one bedroom condominium is being offered for sale as an investment opportunity. There is currently a rent stabilized tenant in place, so immediate move in is not an option. This opportunity is a long term investment. The rent stabilized tenant is currently paying $953 per month. This apartment requires a 72 hr. notice to show, we suggest that you call for more details. The most recent similar one bedroom sale in this building sold for $510,840. It is a Pre-war (1902) building, a 10 unit Condo.$258.62 assessment thru February 2017.Near subway stations (E,M,6) and M50 (crosstown) and M15 (local and express) bus service.

Last Agent to Sell the Property

Diana Mulqueen

Berkshire Hathaway HomeServices New York Properties License #40MU0811036 Listed on: 05/25/2015

Berkshire Hathaway HomeServices New York Properties

Co-Listed By

Ivan Hernandez

Sothebys International Realty License #10301208597

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1902

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • 395 Sq Ft Home
  • Pre War Building
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Block 1362

Community Details

Overview

  • 10 Units
  • Beekman Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,804

Year Built

Built in 1902

Lot Details

0 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Cross Street: Beekman & First
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: BEEKMAN
  • Architectural Style: Prewar
  • Entry Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 395.0
  • Living Area Units: Square Feet

Beds/Baths

  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 350.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 10
  • Total Stories: 5
  • Year Built: 1902

Tax Info

  • Tax Block: 1362
  • Tax Annual: 6804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Dec 22, 2016
Sold by
Korzilius Helmut
Bought by
Duque Group Holdings Llc
Seller's Agent
Diana Mulqueen
Berkshire Hathaway HomeServices New York Properties
List Price
$521,400
Sold Price
$362,500
Premium/Discount to List
-$158,900
-30.48%
Current Estimated Value
$971,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,915
Avg. Annual Appreciation
11.17%
Source: Public Records
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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
Duque Group Holdings Llc $362,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $362,500 -30.5% $918 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
05/26/2015 05/26/15 For Sale $521,400 -- $1,320 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,561 $77,873 $14,375 $63,498
2024 $9,561 $76,473 $32,027 $60,006
2023 $8,686 $70,808 $18,297 $52,511
2022 $8,663 $134,285 $32,027 $102,258
2021 $8,417 $107,429 $32,027 $75,402
2020 $7,924 $112,919 $32,027 $80,892
2019 $7,419 $109,479 $32,027 $77,452
2018 $6,928 $54,468 $12,747 $41,721
2017 $6,928 $54,468 $14,415 $40,053
2016 $6,804 $52,779 $15,407 $37,372
2015 $4,532 $48,870 $15,103 $33,767
2014 $4,532 $45,250 $15,012 $30,238
Source: Public Records

Agents Affiliated with this Home

  • Diana Mulqueen

    Seller's Agent in 2016

    Diana Mulqueen

    BHHS New York Prop

    (646) 677-1092

    3 Total Sales

    Diana Mulqueen
    Section Image
  • Ivan Hernandez

    Seller Co-Listing Agent in 2016

    Ivan Hernandez

    Sothebys International Realty

    (212) 321-0266

    11 Total Sales

    Ivan Hernandez
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10038254

Real Estate Board of New York (REBNY)

APN: 1362-1005

New York New York County New York 10022 Turtle Bay

421 E 50th St Unit 3F, New York, NY

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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