NOT LISTED FOR SALE

New York, NY 10016

Garment District Neighborhood

Estimated Value: $846,272 - $1,141,000

1 Bed
1 Bath
777 Sq Ft
2003 Built

Highlights

  • Community Garden
  • 4-minute walk to 5 Avenue-Bryant Park
  • 1-minute walk to Tilden Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • Laundry Facilities

About This Home

As of August 2019

A sprawling, true one bedroom, 25D features a layout designed to maximize space and convenience. A generous foyer creates a grand entrance passing the tucked away kitchen and leading into the large living space with a dining nook and two convenient entrances to the bedroom. Accommodating a dining set and large seating area, the open living room is perfect for entertaining. Masterfully designed with two entrances for easy access from the hallway or living room, the bedroom is large enough for a king-sized bed and additional furnishings.

All in excellent condition, both the kitchen and bath are tastefully finished and well-equipped. The kitchen is complete with beautiful cherry wood cabinetry, granite countertop, Miele appliances and a Subzero refrigerator. The large bath features tasteful white tiling, a soaking tub and separate standing shower.

Additional features include cherry wood flooring, 9? ceilings, abundant closets, a washer/dryer and large windows with bright exposure and unobstructed views of the Manhattan skyline.

A full amenities building designed by acclaimed architect, Michael Graves, 425 Fifth Avenue offers a fitness center, indoor pool, sauna, business center, cinema room, children's play room, outdoor terrace, and laundry room - there is even a garage right next door. Located by bustling Bryant Park, convenience and entertainment are just steps away - enjoy all the shopping, fine dining and sights Fifth Avenue has to offer!

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 2003

Home Design

  • 777 Sq Ft Home
  • Entry on the 25th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Property Available on 8/1/19
  • Legal Lot and Block 7503 / 868

Community Details

Overview

  • Murray Hill Subdivision
  • 67-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,508

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Available Date: 2019-08-01

Listing Details

  • Cross Street: East 38th Street/East 39th Street
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Murray Hill
  • Entry Level: 25
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 777.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 67
  • Year Built: 2003

Tax Info

  • Tax Block: 868
  • Tax Lot: 7503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2004
Sold by
Rfd 425 Fifth Avenue L P
Bought by
Desai Lina S and Desai Pooja S
Current Estimated Value
$1,033,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Outstanding Balance
$149,653
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$883,665
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desai Lina S $585,494 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Lina S $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 For Rent $3,550 -- --
07/10/2019 07/10/19 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 $8,508 $68,347 $13,200 $55,147
2024 $8,508 $68,055 $13,200 $54,855
2023 $8,319 $67,818 $13,200 $54,618
2022 $8,179 $66,845 $13,200 $53,645
2021 $7,845 $63,954 $13,200 $50,754
2020 $6,817 $70,807 $13,200 $57,607
2019 $6,586 $69,215 $13,200 $56,015
2018 $7,942 $71,099 $13,200 $57,899
2017 $7,339 $66,030 $13,200 $52,830
2016 $7,212 $61,406 $13,200 $48,206
2015 $3,378 $60,605 $13,200 $47,405
2014 $3,378 $57,083 $13,200 $43,883
Source: Public Records

About This Building

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10544563

Real Estate Board of New York (REBNY)

APN: 0868-1563

New York New York County New York 10016

Garment District

Not Listed for Sale

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