NOT LISTED FOR SALE

Estimated Value: $2,721,000 - $7,544,000

4 Beds
3.5 Baths
3,786 Sq Ft
$2,890/mo HOA Fee

Last Sold December 06, 2018

Last sale price $6,495,000 $1,716 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $38,416/month

Highlights

  • Rooftop Deck
  • City View
  • Terrace
  • P.S. 111 Adolph S. Ochs Rated A-
  • Pre War Building
  • Den

About This Home

As of December 2018

~1,100 sf PRIVATE TERRACE

* PRIVATE DEEDED PARKING SPACE

* PRIVATE CELLAR STORAGE ROOM

This penthouse is nothing less than a perfect hit. A dream home with a legendary musical history, this 4 bed/3.5 bath massive SOUTH & WEST FACING CORNER DUPLEX boasts over 3,700 sf of interior space, including a home office; and an ~1,100 sf PRIVATE TERRACE presenting breathtaking views of New York City and the Hudson River. Privacy is this home's ultimate maxim- a PRIVATE DEEDED PARKING SPACE also available in the building allows for discreet entrance and exit to the building.

Featuring lofty 12' ceilings with double paned towering 9' windows on every side, this duplex has unique highlights such as interior windows within the master bedroom and bathroom overlooking a dramatic DOUBLE HEIGHT foyer with an expansive skylight. The bathrooms feature Kohler bathtubs and Waterworks fixtures offering a spa like atmosphere. Dark oak hardwood floors throughout including in the state-of-the-art chef's kitchen that features stainless steel cabinets, stone counter tops, Subzero Refrigerator, vented gas Viking range, and Bosch Dishwasher. And if there wasn't already enough glamour; the fireplace, washer/dryer, and PRIVATE CELLAR STORAGE ROOM ultimately add personalized touches to this fine home.

Just minutes from Central Park, Columbus Circle, Times Square and the Hudson River, The Hit Factory is located in the heart of Hell's Kitchen. The Hit Factory is a legendary place and one of the best-known recording studios of all time. In its day, bands recorded tracks and albums in its luxurious cutting-edge studios, earning The Hit Factory a world-wide reputation for producing landmark music and platinum sales. Some of the famous musicians who recorded here include: The Rolling Stones, John Lennon, Billy Joel, Bruce Springsteen, Stevie Wonder, Eric Clapton, Paul Simon, Michael Jackson, Madonna, U2, Christina Aguilera, and Mariah Carey. In 1994, The Hit Factory made recording history when 41 Grammy nominations were awarded to songs that were recorded, mastered or mixed on the state of the art equipment for which the Hit Factory became internationally famous. The building amenities include, 24 hour doorman, gym, private parking space, and private storage.

Last Agent to Sell the Property

Prince Dockery

Corcoran Group License #10301207945 Listed on: 06/11/2018

Corcoran Group

Co-Listed By

Jason Perkal

Corcoran Group License #10301206424

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,408

Year Built

  • Built in 1928

HOA Fees

  • $2,890 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building
  • Entry on the 7th floor

Interior Spaces

  • 3,786 Sq Ft Home
  • Wood Burning Fireplace
  • New Windows
  • Entrance Foyer
  • Den
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 16 / 1064

Community Details

Overview

  • Hit Factory Condominium Condos
  • Clinton Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,408

Year Built

Built in 1928

Lot Details

0

HOA Fees

$2,890 per month

Listing Details

  • Cross Street: Ninth Avenue/Tenth Avenue
  • Exposures: East,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Clinton
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area, Den, Entrance Foyer
  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 3786.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Dining Room Type: Den
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2890.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Building Name: Hit Factory Condominium
  • Total Stories: 7
  • Year Built: 1928

Tax Info

  • Tax Block: 1064
  • Tax Lot: 16
  • Tax Annual: 51408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 4, 2018
Sold by
421 West 54 Phc Llc and % :Pryor Cashman Llp
Bought by
Hillsyde Properties Limited
Seller's Agent
Prince Dockery
Corcoran Group
List Price
$6,495,000
Sold Price
$6,495,000
Current Estimated Value
$5,583,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$911,291
Avg. Annual Appreciation
-9.96%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Dec 10, 2015
Sold by
Boneta Erik and Boneta Eva
Bought by
421 West 54 Phc Llc
Seller's Agent
Prince Dockery
Corcoran Group
Sold Price
$23,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 28, 2015
Closed on
Aug 14, 2015
Sold by
Zanetti Luzvimnda Labindao and Zanetti Richard
Bought by
Boneta Erik and Boneta Eva
Seller's Agent
Prince Dockery
Corcoran Group
List Price
$5,950,000
Sold Price
$6,200,000
Premium/Discount to List
$250,000
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.38%

Purchase Details

Closed on
Dec 18, 2008
Sold by
Hf Sponsor Corp and % Core Plus Properties Llc
Bought by
Labindao-Zanetti Luzviminda and Zanetti Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hillsyde Properties Limited $6,100,000 --
421 West 54 Phc Llc -- --
Boneta Erik $6,200,000 --
Labindao-Zanetti Luzviminda $4,325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 421 West 54 Phc Llc $3,250,000
Previous Owner Labindao-Zanetti Luzviminda $1,500,000
Previous Owner Labindao-Zanetti Luzviminda $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $6,495,000 0.0% $1,716 / Sq Ft
09/28/2018 09/28/18 Rented -- -- --
08/29/2018 08/29/18 Under Contract -- -- --
06/11/2018 06/11/18 For Sale $6,495,000 +25880.0% $1,716 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
11/21/2017 11/21/17 For Rent -- -- --
01/07/2016 01/07/16 Rented -- -- --
12/08/2015 12/08/15 Under Contract -- -- --
09/14/2015 09/14/15 For Rent $25,000 0.0% --
08/14/2015 08/14/15 Sold $6,200,000 +4.2% $1,638 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $5,950,000 0.0% $1,572 / Sq Ft
04/18/2013 04/18/13 Rented -- -- --
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 $69,318 $564,725 $58,696 $506,029
2024 $69,318 $554,453 $58,696 $495,757
2023 $66,468 $541,843 $58,696 $483,147
2022 $68,830 $569,576 $58,696 $510,880
2021 $65,583 $568,279 $58,696 $509,583
2020 $64,990 $629,431 $58,696 $570,735
2019 $61,458 $615,292 $58,696 $556,596
2018 $65,712 $607,059 $58,696 $548,363
2017 $60,287 $576,941 $58,696 $518,245
2016 $56,122 $500,342 $58,696 $441,646
2015 $25,766 $460,705 $58,697 $402,008
2014 $25,766 $438,195 $58,696 $379,499
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10496427

Real Estate Board of New York (REBNY)

APN: 1064-1127