NOT LISTED FOR SALE

Estimated Value: $1,286,000 - $1,423,000

1 Bed
1.5 Baths
990 Sq Ft
$1,144/mo HOA Fee

Last Sold November 26, 2018

Last sale price $1,399,000 $1,413 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $9,931/month

221 Days on Market

Highlights

  • 12,630 Sq Ft lot
  • 4-minute walk to 5 Avenue-Bryant Park
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • Garage
  • 1-minute walk to Tilden Park

About This Home

As of November 2018

High floor 1 Bedroom/1.5 Bath with spectacular, "River to River" views and exposures to the South and West, including The Empire State Building, Midtown skyline and One World Trade Center! With only 4 units on this floor, enjoy privacy and all day sunshine in this nearly 1000 square foot home, featuring a chef's kitchen with Miele and Subzero appliances, Koehler fixtures, and Bosch Washer/Dryer. A spacious Master Bedroom contains a walk-in closet, custom shelving, and a spa-like Bathroom with tub and enclosed shower. There is an additional Powder Room located near the entry. Upgraded with California closets, millwork, moldings, custom paint and window treatments, PLUS option to purchase fully furnished for additional price!

Located in the best Fifth Avenue location, 425 Fifth Avenue is a full service, luxury doorman tower designed by renowned architect Michael Graves. The building features three full floors of amenities including a windowed Fitness Room, Lap Pool, Steam & Sauna rooms, Massage Therapy rooms, outdoor Terrace, Children's Play Room, private Cinema Room, Business Center and commercial grade Laundry Room.

Last Agent to Sell the Property

Craig George

Sothebys International Realty License #10401234562 Listed on: 01/26/2018

Sothebys International Realty

Co-Listed By

Kevin Brown

Sothebys International Realty License #10301202566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,124

Year Built

  • Built in 2003

Lot Details

  • 0.29

HOA Fees

  • $1,144 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 990 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Community Details

Overview

  • 172 Units
  • Midtown South Subdivision
  • 67-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,124

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,144 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown South
  • Entry Level: 47
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Living Area: 990.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1144.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 12630.0
  • Lot Size Dimensions: 76.92 x 150.0

Building Info

  • New Construction: No
  • Units: 172
  • Total Stories: 67
  • Year Built: 2003

Tax Info

  • Tax Block: 0
  • Tax Annual: 11124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2018
Closed on
Nov 26, 2018
Sold by
Lord Llc and % : Kudman Trachten Aloe Llp
Bought by
Dankner Ariel
Seller's Agent
Craig George
Sothebys International Realty
List Price
$1,975,000
Sold Price
$1,399,000
Premium/Discount to List
-$576,000
-29.16%
Total Days on Market
221
Current Estimated Value
$1,332,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,628
Avg. Annual Appreciation
-0.74%
Original Mortgage
$453,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2018
Sold by
Nahal Soomekh Living Trust and Nahal Soomekh As Trustee
Bought by
Lord Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,267
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Soomekh Nahal
Bought by
Nahal Soomekh Living Trust

Purchase Details

Closed on
Apr 20, 2005
Sold by
Rfd 425 Fifth Avenue L P and % Rfr Holdings Llc
Bought by
Soomekh Nahal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Dankner Ariel $1,399,000 --
Dankner Ariel $1,399,000 --
Lord Llc -- --
Lord Llc -- --
Nahal Soomekh Living Trust -- --
Nahal Soomekh Living Trust -- --
Soomekh Nahal $1,130,258 --
Soomekh Nahal $1,130,258 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dankner Ariel $368,900
Closed Dankner Ariel $453,000
Closed Dankner Ariel $453,000
Previous Owner Lord Llc $367,267
Previous Owner Soomekh Nahal $100,000
Previous Owner Soomekh Nahal $250,000
Previous Owner Soomekh Nahal $888,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $1,399,000 -29.2% $1,413 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $1,975,000 -- $1,995 / 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
2024 $15,699 $127,894 $24,803 $103,091
2023 $12,663 $127,446 $24,803 $102,643
2022 $15,078 $125,617 $24,803 $100,814
2021 $14,441 $120,185 $24,803 $95,382
2020 $15,238 $133,062 $24,803 $108,259
2019 $14,707 $130,070 $24,803 $105,267
2018 $14,505 $133,611 $24,803 $108,808
2017 $13,573 $124,087 $24,803 $99,284
2016 $13,250 $115,395 $24,803 $90,592
2015 $6,349 $113,890 $24,803 $89,087
2014 $6,349 $107,275 $24,803 $82,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755808

Real Estate Board of New York (REBNY)

APN: 0868-1671