NOT LISTED FOR SALE

48 Hester St Unit 2B New York, NY 10002

Chinatown Neighborhood

Estimated Value: $767,304 - $916,000

1 Bed
1 Bath
-- Sq Ft
1988 Built

Highlights

  • Intercom
  • 2-minute walk to East Broadway
  • 3-minute walk to Captain Jacob Joseph Playground
  • P.S. 42 Benjamin Altman Rated A
  • Laundry Facilities

About This Home

As of September 2023

Nestled in the vibrant and culturally rich neighborhood of Chinatown, this immaculate 1 bedroom apartment offers a harmonious blend of modern comfort and urban convenience. With an additional room ideal for a home office, this spacious gem is a rare find in the heart of New York City.

Property Highlights:

?? Clean & Spacious Living: Step into a bright and airy living space that exudes an inviting atmosphere. The apartment boasts a layout designed for maximum comfort, providing ample room for relaxation and entertainment.

?? Versatile Home Office: Whether you're working remotely or need a creative space, the extra room serves as the perfect home office. Enjoy a quiet and focused environment while staying connected to the pulse of the city.

?? Serene Bedroom Retreat: The bedroom offers a tranquil escape from the bustling city life. With generous closet space and large windows, it's a perfect sanctuary to unwind and recharge.

?? Prime Location: Situated in the heart of Chinatown, you'll have a front-row seat to the neighborhood's vibrant energy and cultural offerings. Explore a plethora of dining, shopping, and entertainment options just steps from your door.

?? Laundry Convenience: The convenience of a nearby laundry facility ensures that chores are a breeze, allowing you more time to enjoy all that the city has to offer.

?? Excellent Connectivity: Enjoy seamless access to various subway lines, putting the entirety of NYC within easy reach. Whether you're commuting for work or exploring the city's iconic attractions, you're just moments away from your next adventure.

Last Agent to Rent the Property

Eddie MaQbool

City Sphere License #10401306003 Listed on: 08/08/2023

City Sphere

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,030

Year Built

  • Built in 1988

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Property Available on 8/8/23
  • Legal Lot and Block 7502 / 297

Community Details

Overview

  • Chinatown Subdivision
  • 9-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,030

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Available Date: 2023-08-08

Listing Details

  • Cross Street: Ludlow Street/Essex Street
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Chinatown
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 9
  • Year Built: 1988

Tax Info

  • Tax Block: 297
  • Tax Lot: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 1996
Sold by
Chu & Mui Realty Corp
Bought by
Zheng Wei Qi and Huang Ai Qing
Current Estimated Value
$832,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.08%
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
Zheng Wei Qi $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zheng Wei Qi $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Rented $3,100 0.0% --
09/08/2023 09/08/23 Price Changed $3,100 -3.1% --
08/09/2023 08/09/23 For Rent $3,200 +6.7% --
08/10/2022 08/10/22 Rented $3,000 0.0% --
08/01/2022 08/01/22 Price Changed $3,000 0.0% $6 / Sq Ft
08/01/2022 08/01/22 For Rent $3,000 -3.2% --
07/21/2022 07/21/22 Rented $3,100 0.0% --
07/13/2022 07/13/22 For Rent $3,100 +29.2% --
04/24/2021 04/24/21 For Rent $2,400 -11.1% --
04/24/2021 04/24/21 Rented -- -- --
04/23/2021 04/23/21 Rented -- -- --
01/01/2021 01/01/21 For Rent -- -- --
09/20/2014 09/20/14 For Rent $2,700 -- --
09/20/2014 09/20/14 Rented -- -- --
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 $10,030 $81,821 $8,722 $73,099
2024 $10,030 $80,226 $8,722 $71,504
2023 $7,930 $78,362 $8,722 $69,640
2022 $7,821 $79,124 $8,722 $70,402
2021 $9,182 $76,745 $8,722 $68,023
2020 $7,494 $86,066 $8,722 $77,344
2019 $7,087 $79,746 $8,722 $71,024
2018 $8,315 $80,324 $8,722 $71,602
2017 $7,596 $69,723 $8,722 $61,001
2016 $7,051 $61,285 $8,722 $52,563
2015 $3,237 $58,760 $8,722 $50,038
Source: Public Records

Agents Affiliated with this Home

  • Eddie MaQbool

    Landlord's Agent in 2023

    Eddie MaQbool

    City Sphere

    (212) 913-9058

    9 Total Sales

    Section Image
  • Geovanna Lim

    Seller's Agent in 2021

    Geovanna Lim

    PAIP

    (917) 566-8478

    2 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kyrylo Kabachenko

    Corcoran Group

    (212) 355-3550

    Section Image
  • Grace Yu

    Seller Co-Listing Agent in 2021

    Grace Yu

    PAIP

    (917) 689-0412

    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10887808

Real Estate Board of New York (REBNY)

APN: 0297-1109

New York New York County New York 10002 Chinatown

48 Hester St Unit 2B, New York, NY

This home is located at 48 Hester St Unit 2B, New York, NY 10002 since 08 August 2023 and is currently priced at $847,326. This property was built in 1988. 48 Hester St Unit 2B is a home located in New York County with nearby schools including P.S. 42 Benjamin Altman, Anna Silver Elementary, and The STAR Academy.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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