NOT LISTED FOR SALE

Estimated Value: $683,000 - $1,384,000

1 Bed
1 Bath
615 Sq Ft
5,009 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $1,455,000 $2,366 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $7,887/month

Highlights

  • New Construction
  • 4-minute walk to Astor Place
  • 4-minute walk to Cooper Triangle
  • P.S. 110 Florence Nightingale Rated A
  • Balcony

About This Home

As of May 2023

Sunbathed unit in mint condition with private terrace! Residence 4B is a 1-bedroom south-facing home with a private balcony spanning 66 square feet, perfect for those who enjoy soaking up the sunlight. The living room is spacious with 9-foot ceilings and oversized European designer windows that let in ample natural light. The open-concept living area in 4B is truly remarkable, with a large island in the full chef's kitchen featuring Meile appliances and marble countertops. The entire apartment features 9" wide, custom-stained white oak hardwood floors. The bedroom and bathroom in 4B are perfectly proportioned, with the bathroom featuring honed marble chip terrazzo tile floors, a deep soaking tub. High-efficiency central VRF heat and A/C, a closeted Bosch washer/dryer, garbage disposal, and pre-wiring for smart home features, including shades, lights, surround sound are also included. Plus, a 9ft high locked storage room is also included with this apartment.

45 East 7th Street is a boutique building which provides an array of amenities including a state-of-the-art fitness center, a landscaped garden terrace with outdoor kitchen and sun loungers, and breathtaking panoramic views of the city. It also featuring a full time doorman, package room, cold storage and Fios.

Last Agent to Rent the Property

Josh Rubin

Douglas Elliman Real Estate License #30RU0854049 Listed on: 05/18/2023

Douglas Elliman Real Estate

Co-Listed By

Corrin Thomas

Serhant License #10401360035

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,650

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,009

Home Design

  • 615 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony

Community Details

  • 21 Units
  • Lower East Side Subdivision
  • 7-Story Property

Listing and Financial Details

  • Property Available on 4/26/23
  • Tax Block 00463

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,650

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Available Date: 2023-04-26

Listing Details

  • Cross Street: TARAS SHEVCHENKO PLACE and 2 AVENUE
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Lower East Side
  • Entry Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 615.0
  • 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 Interest: Condominium

Building Info

  • New Construction: Yes
  • Units: 21
  • Total Stories: 7
  • Year Built: 2021

Tax Info

  • Tax Block: 00463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 4, 2021
Sold by
Avenue Second Owner Llc
Bought by
Gao Hanlin and Mu Bing
Seller's Agent
Yair Tavivian
Douglas Elliman Real Estate
List Price
$1,455,000
Sold Price
$1,455,000
Current Estimated Value
$1,173,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$281,617
Avg. Annual Appreciation
-2.80%
Original Mortgage
$1,116,000
Outstanding Balance
$1,016,977
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,936
Source: Public Records

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
Gao Hanlin $1,395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Hanlin $1,116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Off Market $4,995 -- --
05/24/2023 05/24/23 Rented $4,995 0.0% --
05/18/2023 05/18/23 For Rent $4,995 0.0% --
04/20/2022 04/20/22 Off Market $1,455,000 -- --
04/20/2022 04/20/22 Off Market $630,955 -- --
06/04/2021 06/04/21 Sold $1,455,000 0.0% $2,366 / Sq Ft
03/15/2021 03/15/21 For Sale $1,455,000 +130.6% $2,366 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
12/13/2020 12/13/20 Off Market $630,955 -- --
09/04/2020 09/04/20 Sold $630,955 0.0% $1,026 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
10/24/2017 10/24/17 For Sale $630,955 -- $1,026 / 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
2025 $16,650 $129,744 $26,969 $102,775
2024 $16,650 $133,180 $26,969 $106,211
2023 $16,321 $138,841 $26,961 $111,880
2022 $16,962 $138,631 $26,969 $111,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10859142

Real Estate Board of New York (REBNY)

APN: 0463-1112