NOT LISTED FOR SALE

Estimated Value: $970,000 - $1,547,000

2 Beds
2 Baths
1,135 Sq Ft
$974/mo HOA Fee

Last Sold January 06, 2021

Last sale price $1,190,000 $1,048 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,274/month

104 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • Garage
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 1-minute walk to Gantry Plaza State Park

About This Home

As of January 2021

This is the condo you have been waiting for! Hands down the best 2 bedroom, 2 bathroom deal in all of LIC with optional parking. This stunning and newly-renovated 1,135 SF home is located just one block from the East River promenade. The remodeled kitchen features gorgeous fixtures, granite countertops/backsplash and all new appliances: Bosch dishwasher and oven, LG microwave, Kenmore Elite refrigerator, deep Kohler sink with Delta touch technology plus Insinkerator garbage disposal. Both bedrooms are spacious in size. The master bedroom comfortably fits a king size bed and has a separate dressing area with abundant closet space. The 2 full bathrooms have also been renovated. The master bathroom features a marble tiled shower with bench and there are new floors, tiles, fixtures, vanities, sinks and recessed medicine cabinets in both bathrooms. Additional features include brand-new Nest Smart PTAC units and custom Hunter Douglas blinds in every room. This residence has been owner occupied since construction and meticulously maintained. *421-A tax abatement through July 1, 2024. Separately-deeded parking space is available for additional $100,000. The Gantry is Long Island City's premiere boutique condominium in prime Hunter's Point location. The 47-unit elevator building offers on-site parking, gym, residents' lounge and furnished roof deck with gas grill, full-time live-in Superintendent, building porter and 24-hour door coverage (part-time door staff + virtual doorman). This property is within close proximity to the 7, G, E and M trains as well as two East River ferry lines. The neighborhood boasts 2 Michelin-star restaurants, an abundance of dining and recreational options, parks, Hunters Point Library, MOMA PS1, the Noguchi museum and other cultural interests all within a short distance of the Gantry. Showings by appointment only.

Last Agent to Sell the Property

Rick Kelly

ALTA Real Estate License #30KE0946657 Listed on: 07/24/2020

Co-Listed By

AnneMarie Nasello

Compass License #10301217031

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 2007

HOA Fees

  • $974 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,135 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • West Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tax Block 31

Community Details

Overview

  • 47 Units
  • Gantry Condos
  • Long Island City Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,588

Year Built

Built in 2007

Lot Details

0

HOA Fees

$974 per month

Listing Details

  • Cross Street: 48th Avenue & 49th Avenue
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1135.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 974.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 228.0 x 100.0

Building Info

  • New Construction: No
  • Building Name: GANTRY
  • Units: 47
  • Total Stories: 5
  • Year Built: 2007

Tax Info

  • Tax Block: 31
  • Tax Annual: 3588.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2020
Sold by
Schecter David and Wisniewski Scot
Bought by
Jung Yeun Ji and Kim Chul
Current Estimated Value
$1,272,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
5-15 49Th Ave Holding Llc
Bought by
Schecter David and Wisniewski Scot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.14%
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
Jung Yeun Ji $1,190,000 --
Schecter David $661,862 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jung Yeun Ji $952,000
Previous Owner Schecter David $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $1,190,000 0.0% $1,048 / Sq Ft
12/31/2020 12/31/20 Off Market $1,190,000 -- --
11/06/2020 11/06/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $1,375,000 -- $1,211 / 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 $7,255 $58,829 $4,293 $54,536
2024 $7,255 $58,028 $4,293 $53,735
2023 $7,275 $58,194 $4,293 $53,901
2022 $5,554 $54,366 $4,293 $50,073
2021 $4,468 $54,364 $4,293 $50,071
2020 $3,589 $62,319 $4,293 $58,026
2019 $2,354 $62,114 $4,293 $57,821
2018 $1,210 $52,847 $4,293 $48,554
2017 $1,210 $51,210 $4,292 $46,918
2016 $1,227 $51,210 $4,292 $46,918
2015 $959 $55,126 $4,968 $50,158
2014 $959 $57,548 $5,120 $52,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10651375

Real Estate Board of New York (REBNY)

APN: 00031-1014