NOT LISTED FOR SALE

Estimated Value: $2,011,341 - $2,540,000

2 Beds
2 Baths
1,375 Sq Ft
7,100 Sq Ft Lot

Highlights

  • Pre War Building
  • 2-minute walk to 23 Street (4,6 Line)
  • South Facing Home
  • Sixth Avenue Elementary School Rated A

About This Home

As of July 2022

Situated at the nexus of Flatiron and Gramercy, this home offers loft-like proportions and contemporary elegance in this graceful two-bedroom plus home office/den (convertible three bedroom), two-bathroom condominium in a prime Flatiron location. Fantastic southern light and city views flood this 1,375-square-foot home where oversized windows, 11-foot-tall beamed ceilings and wide-plank Oak floors set a stylish tone. The open great room invites gracious entertaining or quiet relaxation thanks to its spacious proportions, custom built-ins and open kitchen. Chefs will delight in stainless steel Bosch appliances, ample custom cabinetry topped with honed lava stone, Bisazza tile backsplashes, and a convenient breakfast bar. This home's ideal split-bedroom layout places private quarters on opposite sides of the great room. In the serene master suite, you'll find plenty of room for a king-size bed and furniture, plus an enviable walk-in closet. The spa-like en suite master bath features handsome tilework, frameless glass shower, and a dual-sink floating vanity with fixtures by Kohler, Toto and Watermark. The second bedroom includes a sunny south-facing window and large closet, while the nicely-sized study features rows of closets making it perfectly suitable as a guest quarters or nursery if needs require. A well-appointed second bathroom, entry closet and in-unit Bosch washer-dryer round out this home's functional and stylish appeal. 49 East 21st Street is a stately 1913 building converted to fine condominium residences in 2004. Residents of this boutique building enjoy 24-hour doorman service, a planted roof deck and substantial private storage for each unit. Located at the intersection of the Flatiron District and Gramercy, with easy access to NoMad and Union Square, this home is at the center of coveted Manhattan living. Great nightlife destinations, magnificent shopping and Michelin-starred restaurants Eleven Madison Park, The Clocktower, Gramercy Tavern and Casa Mono line the nearby streets. Please contact us to schedule a private showing.

Last Agent to Rent the Property

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951 Listed on: 05/16/2022

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1913

Lot Details

  • South Facing Home

Home Design

  • 1,375 Sq Ft Home
  • Pre War Building
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 43 Units
  • Gramercy Park Subdivision
  • 12-Story Property

Listing and Financial Details

  • Property Available on 7/22/22
  • Tax Block 00850

Condo Details

Home Type

Condominium

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Available Date: 2022-07-22

Listing Details

  • Cross Street: Park Avenue So & Broadway
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Gramercy Park
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1375.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 43
  • Total Stories: 12
  • Year Built: 1913

Tax Info

  • Tax Block: 00850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2004
Sold by
49 East 21 Llc
Bought by
Pinelli Bruce L
Current Estimated Value
$2,352,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Outstanding Balance
$495,140
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,856,945
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
Pinelli Bruce L $1,262,630 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinelli Bruce L $992,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Rented $9,300 +3.4% --
05/20/2022 05/20/22 For Rent $8,995 -- --
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 $23,525 $183,775 $37,084 $146,691
2024 $23,525 $188,168 $37,084 $151,084
2023 $22,505 $183,461 $37,084 $146,377
2022 $22,149 $184,271 $37,084 $147,187
2021 $22,214 $184,566 $37,084 $147,482
2020 $23,043 $206,133 $37,084 $169,049
2019 $21,829 $212,363 $37,084 $175,279
2018 $20,464 $184,500 $37,084 $147,416
2017 $19,863 $188,864 $37,084 $151,780
2016 $19,257 $181,686 $37,084 $144,602
2015 $10,313 $158,176 $37,084 $121,092
2014 $10,313 $151,464 $37,084 $114,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10898237

Real Estate Board of New York (REBNY)

APN: 0850-1722