NOT LISTED FOR SALE

Estimated Value: $2,381,788 - $2,464,000

2 Beds
2 Baths
1,461 Sq Ft
$1,808/mo HOA Fee

Last Sold June 16, 2020

Last sale price $2,495,000 $1,708 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $16,622/month

4,694 Days on Market

Highlights

  • Full Time Doorman
  • 2-minute walk to 23 Street (4,6 Line)
  • Pre War Building
  • Sixth Avenue Elementary School Rated A
  • Kitchen is in excellent condition
  • The community has rules related to allowing pied a terres

About This Home

As of June 2020

Residence 8C is a stunning, 1,461 square foot pre-war loft with two bedrooms, two baths and a rare convertible third bedroom. C lines do not turnover often in the building especially on high floors, where one gains a second western exposure featuring four massive picture windows. Defining features of this property include 11-foot concrete beamed ceilings, 10 oversized windows facing north and west and a sprawling floor plan with seamless separation of public and private spaces.

Featuring a dramatic 40' long great room, gracious entertaining and dining areas and a unique corner exposure, 8C's rooms are light and airy and perfectly laid out. A chef's kitchen with a central island provides endless storage space and the ability to host large parties. Stainless steel appliances, custom cabinetry and stone countertops are in excellent condition and tastefully designed. The large windows facing north and west make all the rooms feel substantial in scale. 8C gives an owner the option to carve out a 3rd large bedroom. Alternatively, one can keep the current layout and utilize this bonus space as a formal dining area, a playroom or a family room with floor to ceiling built-ins and custom millwork.

The expansive master suite is 12 14'5' feet and can easily accommodate a king size bed plus additional furniture. A walk-in closet separates the bedroom from the large en-suite master bath which includes an oversized stall shower and a custom vanity with double sinks. The second bedroom and bathroom are also generous in size and tucked away from the home's living and dining areas. Abundant closet space, additional storage and in-unit washer/dryer complete the offerings of this light filled home.

49 East 21st Street is a boutique pre-war condominium with a full-time doorman, rooftop terrace, resident manager, and large private storage locker included with the sale. Building upgrades underway are newly renovated hallways, new roof deck furniture and a barbecue grill. The building is moments from Madison Square Park and some of New York City's most iconic restaurants including Eleven Madison, Gramercy Tavern and Union Square Caf. Experience beautiful architecture and one of Manhattan's most convenient locations, with every major subway and amenity at your doorstep. Please note there is an assessment of $305.32 through 2021.

Last Agent to Sell the Property

Michael Rubin

Compass License #10301208606 Listed on: 04/12/2007

Compass

Co-Listed By

Todd Lewin

Compass License #10301209557

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,144

Year Built

  • Built in 1906

Lot Details

  • Northwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,808 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,461 Sq Ft Home
  • 11 Foot Ceilings
  • Entrance Foyer
  • Dining Area
  • Kitchen is in excellent condition

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7506 / 850

Community Details

Overview

  • 2 Elevators
  • Flatiron District Subdivision
  • The community has rules related to allowing pied a terres
  • 12-Story Property

Amenities

  • Full Time Doorman
  • Full Time Lobby Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,144

Year Built

Built in 1906

Lot Details

0

HOA Fees

$1,808 per month

Listing Details

  • Cross Street: Park Avenue South/Broadway
  • Exposures: North, West
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed, CorporateOwnerAllowed, PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron District
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Washer Dryer
  • Ceiling Height: 11.0
  • Living Area: 1461.0
  • Living Area Units: Square Feet
  • Dining Type: Area
  • Kitchen Condition: Excellent
  • Floor Number: 8

Beds/Baths

  • Bathrooms Total: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building RoofDeck
  • Property Condition: Excellent

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1808.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • New Development: No
  • Elevators: 2
  • Landmark Status: No
  • Total Stories: 12
  • Year Built: 1906
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Tax Info

  • Tax Block: 850
  • Tax Lot: 7506
  • Building Tax Lot: 7506
  • Tax Annual: 18144.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2007
Closed on
May 29, 2020
Sold by
Birenz Jerry S and Birenz Shirley S
Bought by
Finkel Diana and Sheikh Malik
Seller's Agent
Michael Rubin
Compass
List Price
$2,495,000
Sold Price
$2,495,000
Total Days on Market
4694
Current Estimated Value
$2,418,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,053
Avg. Annual Appreciation
-0.62%
Original Mortgage
$766,000
Outstanding Balance
$686,451
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$1,732,496

Purchase Details

Closed on
Jul 16, 2007
Sold by
Jill Paitchel Revocable Trust
Bought by
Birenz Jerry S and Birenz Shirley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Paitchel Jill
Bought by
Jill Paitchel As Trustee and Jill Paitchel Revocable Trust

Purchase Details

Closed on
Nov 23, 2004
Sold by
49 East 21 Llc
Bought by
Paitchel Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.63%
Source: Public Records

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Range of Values:

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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
Finkel Diana $2,520,000 --
Finkel Diana $2,520,000 --
Birenz Jerry S $1,862,500 --
Birenz Jerry S $1,862,500 --
Jill Paitchel As Trustee -- --
Jill Paitchel As Trustee -- --
Paitchel Jill $1,288,086 --
Paitchel Jill $1,288,086 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finkel Diana $766,000
Previous Owner Birenz Jerry S $226,166
Previous Owner Birenz Jerry S $16,451
Previous Owner Birenz Jerry S $1,300,000
Previous Owner Paitchel Jill $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Sold $2,495,000 0.0% $1,708 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
04/12/2007 04/12/07 For Sale $2,495,000 -- $1,708 / 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
2024 $23,707 $189,624 $37,378 $152,246
2023 $22,679 $184,881 $37,378 $147,503
2022 $18,414 $185,698 $37,378 $148,320
2021 $22,386 $185,995 $37,378 $148,617
2020 $19,157 $207,729 $37,378 $170,351
2019 $18,148 $214,006 $37,378 $176,628
2016 $19,406 $183,093 $37,378 $145,715
2015 $10,393 $159,403 $37,378 $122,025
2014 $10,393 $152,630 $37,378 $115,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10624616

Real Estate Board of New York (REBNY)

APN: 0850-1728