NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,272,000

1 Bed
1 Bath
650 Sq Ft
$930/mo HOA Fee

Last Sold January 27, 2023

Last sale price $1,200,000 $1,846 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,400/month

158 Days on Market

Highlights

  • Balcony
  • 2-minute walk to 23 Street (4,6 Line)
  • 2-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • West Facing Home

About This Home

As of January 2023

AMAZING PARK AND SKYLINE VIEWS at 45 East 25th Street in Flatiron!



This high and bright one bedroom condo on the 40th Floor at 45 East 25th Street has direct open views of Madison Square Park from every room and the balcony!



All western exposure provides spectacular park and city views with stunning sunsets and even a peek at the Hudson River! You'll enjoy the spacious rooms and great closet space. The spacious living room, has open views and a balcony overlooking Madison Square Park. For cooking and entertaining, the pass-through kitchen has upper and lower cabinetry and granite countertops. The granite countertop includes a full-length breakfast bar for your casual dining.



You'll enjoy retiring to the king-sized bedroom, with bright open views as well as a large wall-to-wall closet. The windowed bathroom is finished in white Carrara marble.



The Stanford is a full-service condominium with a 24-hour doorman, gym, private courtyard, and laundry on every other floor. It is pet and pied-a-terre friendly!



The building is in the best Flatiron location, overlooking Madison Square Park, and near all Park South restaurants, shopping and services. You can't beat this location for convenience to transportation.



Don't miss this perfect apartment at 45 East 25th Street in Flatiron! See it today!

Last Listed By

Nicholas Athanail

Corcoran Group License #30AT0954031 Listed on: 05/30/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,444

Year Built

  • Built in 1986

Lot Details

  • 9,888

HOA Fees

  • $930 Monthly HOA Fees

Home Design

  • 650 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • West Facing Home

Community Details

  • 112 Units
  • The Stanford Condos
  • Downtown Subdivision
  • 41-Story Property

Listing and Financial Details

  • Tax Block 00855

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,444

Year Built

Built in 1986

Lot Details

0

HOA Fees

$930 per month

Listing Details

  • Cross Street: MADISON AVENUE and PARK AVENUE SOUTH
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 40
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 41

Interior Features

  • Living Area: 650.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 930.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE STANFORD
  • Units: 112
  • Total Stories: 41
  • Year Built: 1986

Tax Info

  • Tax Block: 00855
  • Tax Annual: 15444.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2022
Closed on
Jan 27, 2023
Sold by
Chu Family Revocable Trust
Bought by
Vellutini Marie
Seller's Agent
Nicholas Athanail
Corcoran Group
List Price
$1,280,000
Sold Price
$1,200,000
Premium/Discount to List
-$80,000
-6.25%
Total Days on Market
158
Views
2
Current Estimated Value
$1,118,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,040
Avg. Annual Appreciation
-2.94%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Chu Margaret and Chu Yao M
Bought by
Chu Family Revocable Trust and Nancy Chu, Trustee

Purchase Details

Closed on
Dec 18, 2015
Sold by
Chu Robert
Bought by
Chu Margaret and Chu Yao M

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
Vellutini Marie $1,200,000 --
Chu Family Revocable Trust -- --
Chu Margaret -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,200,000 -6.3% $1,846 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,280,000 -- $1,969 / 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 $14,468 $115,724 $15,899 $99,825
2023 $13,954 $113,756 $15,899 $97,857
2022 $16,176 $136,381 $15,899 $120,482
2021 $15,479 $126,183 $15,899 $110,284
2020 $16,373 $142,170 $15,899 $126,271
2019 $16,027 $149,478 $15,899 $133,579
2018 $15,113 $125,689 $15,899 $109,790
2017 $14,375 $127,512 $15,898 $111,614
2016 $13,680 $123,620 $15,899 $107,721
2015 $7,628 $123,427 $15,899 $107,528
2014 $7,628 $107,898 $15,898 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10822832

Real Estate Board of New York (REBNY)

APN: 0855-1122