NOT LISTED FOR SALE

Estimated Value: $1,010,705 - $1,419,000

1 Bed
1 Bath
840 Sq Ft
1922 Built

Highlights

  • Full Time Lobby Attendant
  • P.S. 116 Mary Lindley Murray Rated A-
  • 2-minute walk to 28 Street (4,6 Line)

About This Home

As of June 2021

A Pre-War Condo Conversion situated in the dynamic Flatiron & NoMad NeighborhoodSituated in the coveted location of where Gramercy ,Nomad and a Flatiron converge. This corner high floor bedroom is rare. Situated on a corner that offers rare Southern and Western exposures. Superb light sets this loft apart. Great scale further elevates this home w ceiling heights in excess of 12 feet. An in-unit washer and dryer and central A/C provide exceptional comfort, all offset by these 12-foot ceilings. Deep-set windows amplify city views and the space throughout. The layout is great for entertaining and offers a windowed, very sizable kitchen with high-end stainless steel appliances that provide a chef-level layout. The bathroom is sleek and modern, displaying limestone walls and Duravit fixtures.Built in 1922 and converted in 2005, the Park South Lofts is a boutique pre-war condominium with just 40 units, located in one of the most sought-after areas of Gramercy and the Flatiron. The pet-friendly building offers great amenities including a 24-hour doorman, a fitness center, virtual security, storage and a gorgeous lobby.All in the dynamic setting of NoMad, moments from restaurants, cafes, bars and spas, Madison Square Park, Penn Station, Grand Central, and multiple subway lines.

Last Agent to Rent the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 05/30/2021

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1922

Home Design

  • 840 Sq Ft Home
  • Entry on the 9th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 5/19/21

Community Details

Overview

  • 40 Units
  • Park South Lofts Condos
  • Nomad Subdivision
  • 14-Story Property

Amenities

  • Full Time Lobby Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Lease Type: NonStabilizedLease
  • Available Date: 2021-05-19

Listing Details

  • Cross Street: Park Ave
  • Bonus: No
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: NOMAD
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Living Area: 840.0
  • Living Area Units: Square Feet
  • Floor Number: 9

Beds/Baths

  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • New Development: No
  • Building Name: Park South Lofts
  • Units: 40
  • Total Stories: 14
  • Year Built: 1922
  • Roof Rights: No
  • Lobby Attendance Type: LobbyAttendantFullTime

Tax Info

  • Tax Block: 0
  • Building Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2006
Sold by
Astudillo Cristina T and Astudillo Enrico B
Bought by
Chepuru Shilpa
Current Estimated Value
$1,178,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Park South Lofts Llc and % Malc & Co 11 Penn Plaza
Bought by
Astudillo Cristina T and Astudillo Enrico B
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
Chepuru Shilpa $865,000 --
Chepuru Shilpa $865,000 --
Astudillo Cristina T $789,144 --
Astudillo Cristina T $789,144 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chepuru Shilpa $58,000
Closed Chepuru Shilpa $58,000
Previous Owner Chepuru Shilpa $692,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2021 05/30/21 Rented -- -- --
05/30/2021 05/30/21 For Rent $4,695 -- --
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 $17,306 $137,054 $29,610 $107,444
2024 $17,306 $138,425 $29,610 $108,815
2023 $14,220 $140,507 $29,610 $110,897
2022 $14,191 $142,965 $29,610 $113,355
2021 $16,773 $139,193 $29,610 $109,583
2020 $14,583 $154,172 $29,610 $124,562
2019 $13,534 $150,704 $29,610 $121,094
2018 $14,720 $145,440 $29,610 $115,830
2017 $13,058 $141,116 $29,610 $111,506
2016 $11,605 $128,814 $29,610 $99,204
2015 $6,262 $95,948 $29,610 $66,338
2014 $6,262 $78,981 $29,610 $49,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10730620

Real Estate Board of New York (REBNY)

APN: 0860-1028