NOT LISTED FOR SALE

Estimated Value: $2,097,000 - $2,284,000

1 Bed
2 Baths
1,084 Sq Ft
$1,200/mo HOA Fee

Last Sold June 14, 2022

Last sale price $2,320,000 $2,140 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,954/month

175 Days on Market

Highlights

  • Garage
  • 1-minute walk to 23 Street (N,R Line)
  • 2-minute walk to Madison Square Park
  • Sixth Avenue Elementary School Rated A

About This Home

As of June 2022

SPACE LIGHT VIEWS SERENITY AMENITIES in 24th floor, south-west corner home designed by world renowned architect. Expansive one bedroom, 2 full bath home, formerly a 4.5 room apartment, has been transformed. The living area is sprawling and open to the eat it in kitchen. The brilliant design embraces wall to wall windows, of sun and stunning views, including the Flatiron building and broad city vistas.



Throughout this sumptuous, modern home, architectural details abound from 12" wide plank floors of Douglass Fir, matching Fir on unifying cabinetry including built in sliding and folding doors. A wall glides open to reveal a wide screen TV, closed, a sculpture collection is revealed.



The sun filled kitchen has expansive storage and work space, and is spacious enough for an oversized dining table.



A coveted balcony with stunning views uptown, downtown, and to the protected green spaces below.



The primary and second full bathroom, have been outfitted with Toto Electronic Washlet toilets, slate, porcelain tile, and Tamo wood vanities. Windows and sliding doors to balcony have been replaced, there is new heat and air conditioning. Lutron lighting system, custom window treatments.



The approach into this full-service condominium is welcoming and lovely, from the greenery at the entrance, and the wall of glass overlooking a "pocket park".



5 East 22nd Street welcomes pets, has full time doorman, concierge, and resident manager. Building amenities include a garage, gym, 30th floor resident's lounge, bicycle room, dry-cleaning, laundry rooms are located on every floor. Architect; Yoshimi Kono

Last Agent to Sell the Property

Joanne Douglas

Douglas Elliman Real Estate License #30DO0489926 Listed on: 09/23/2021

Douglas Elliman Real Estate

Co-Listed By

Donna Renna

Douglas Elliman Real Estate License #30RE1001003

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,620

Year Built

  • Built in 1983

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 24th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Community Details

  • 423 Units
  • Madison Green Condos
  • Flatiron Subdivision
  • 31-Story Property

Listing and Financial Details

  • Tax Block 00851

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,620

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Cross Street: BROADWAY and PARK AVENUE SOUTH
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron
  • Entry Level: 24
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1200.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Madison Green
  • Units: 423
  • Total Stories: 31
  • Year Built: 1983

Tax Info

  • Tax Block: 00851
  • Tax Annual: 22620.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jun 13, 2022
Sold by
Rbgb Llc
Bought by
Manolin Group Llc
Seller's Agent
Joanne Douglas
Douglas Elliman Real Estate
List Price
$2,495,000
Sold Price
$2,320,000
Premium/Discount to List
-$175,000
-7.01%
Current Estimated Value
$2,224,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,758
Avg. Annual Appreciation
-1.27%

Purchase Details

Listed on
Mar 24, 2017
Closed on
Jul 14, 2017
Sold by
Miller Jonathan and Myriam Barenbaum
Bought by
Rbgb Llc
Seller's Agent
David Glick
Douglas Elliman Real Estate
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%
Original Mortgage
$1,485,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 9, 2013
Sold by
Freeman John K
Bought by
Barenbaum Myriam and Miller Jonathan
Seller's Agent
Patricia Vance
Douglas Elliman Real Estate
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Apr 24, 2007
Sold by
Coleman Gail
Bought by
Freeman John K

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
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Ned Strongin Qualified P
Bought by
Coleman Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
6.04%
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
Manolin Group Llc $2,320,000 --
Rbgb Llc $2,700,000 --
Barenbaum Myriam $2,150,000 --
Freeman John K $1,750,000 --
Coleman Gail -- --
Ned Strongin Qualified P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rbgb Llc $1,485,000
Previous Owner Freeman John K $900,000
Previous Owner Ned Strongin Qualified P $776,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $2,320,000 -7.0% $2,140 / Sq Ft
03/25/2022 03/25/22 For Sale $2,495,000 +7.5% $2,302 / Sq Ft
03/18/2022 03/18/22 Off Market $2,320,000 -- --
09/23/2021 09/23/21 For Sale $2,950,000 +9.3% $2,721 / Sq Ft
07/17/2017 07/17/17 Sold $2,700,000 0.0% -- View Prior Sale
06/17/2017 06/17/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $2,700,000 +25.6% --
12/09/2013 12/09/13 Sold $2,150,000 -6.5% -- View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $2,300,000 -- --
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 $22,994 $187,871 $18,542 $169,329
2024 $22,994 $183,922 $18,542 $165,380
2023 $22,640 $184,559 $18,542 $166,017
2022 $22,361 $184,567 $18,542 $166,025
2021 $22,617 $184,586 $18,542 $166,044
2020 $22,088 $204,378 $18,542 $185,836
2019 $20,667 $199,779 $18,542 $181,237
2018 $20,185 $189,707 $18,543 $171,164
2017 $18,714 $181,869 $18,542 $163,327
2016 $18,255 $174,199 $18,543 $155,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10777469

Real Estate Board of New York (REBNY)

APN: 0851-1116