NOT LISTED FOR SALE

Estimated Value: $642,000 - $882,033

1 Bed
1 Bath
629 Sq Ft
$857/mo HOA Fee

Last Sold July 16, 2018

Last sale price $840,000 $1,335 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,039/month

21 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to 5 Avenue-Bryant Park
  • North Facing Home
  • P.S. 116 Mary Lindley Murray Rated A-
  • City View
  • 4-minute walk to MMC Plaza

About This Home

As of July 2018

Location! Location! Location!

You will not want to miss this beautiful quintessential New York home in the very heart of the city.

Welcome to this wonderful, move in condition, loft-like, light filled true one bedroom located between Fifth and Madison Avenues. Number 5 is the latest residential masterpiece in the Philip Johnson-Alan Ritchie Architects design collection.

Apartment 3B is 629 square feet +/- with a wall of windows and 11 ft +/- high ceilings. As soon as you enter this wonderful space with North exposure, you will feel right at home. The living room space can easily have accommodate a dining table, work table and more. The bedroom has custom painted closets inspired by Piet Mondrian that add pizzaz! State-of- the-art dramatic Bulthaup kitchens feature the latest high-end appliances from Miele, Asko and Toto, a washer dryer and plenty of storage while the luxurious bathroom feels like a serene spa experience.

From the white metal clad facade to the luxurious boutique lobby, this new condominium is a modern sculpture amidst the historic landmarks of midtown Manhattan.High ceilings, roof top, part-time doorman close to Grand Central Station, restaurants, New York Library, Bryant park, whole foods, restaurants, shopping, cafes, every mode of transportation is just minutes away.

Perfect as a pied-a-terre, Urban professionals/couples or parents buying for their children.

15 subway lines located within a 2 block radius for easy access to all of Manhattan and all 3 major NYC airports. Direct train lines to upstate New York and Connecticut. 421A tax abatement till 2021.

Last Agent to Sell the Property

Lena Datwani

Sothebys International Realty License #40DA0982461 Listed on: 04/23/2018

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,080

Year Built

  • Built in 2007

Lot Details

  • North Facing Home

HOA Fees

  • $857 Monthly HOA Fees

Interior Spaces

  • 629 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

Overview

  • 23 Units
  • Midtown Central Subdivision
  • 22-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,080

Year Built

Built in 2007

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 629.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 857.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 2711.0
  • Lot Size Dimensions: 27.0 x 100.41

Building Info

  • New Construction: No
  • Units: 23
  • Total Stories: 22
  • Year Built: 2007

Tax Info

  • Tax Block: 0
  • Tax Annual: 7080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 16, 2018
Sold by
Vasnani Kishore Ramesh
Bought by
3B Number 5 Llc
Seller's Agent
Lena Datwani
Sothebys International Realty
List Price
$878,000
Sold Price
$840,000
Premium/Discount to List
-$38,000
-4.33%
Current Estimated Value
$782,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,742
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Five East 44Th Llc
Bought by
Vasnani Kishore Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.89%
Mortgage Type
Purchase Money Mortgage
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
3B Number 5 Llc $840,000 --
Vasnani Kishore Ramesh $626,224 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasnani Kishore Ramesh $10,969
Previous Owner Vasnani Kishore Ramesh $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $840,000 -4.3% $1,335 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $878,000 -- $1,396 / 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 $11,026 $88,445 $15,768 $72,677
2024 $11,026 $88,195 $15,768 $72,427
2023 $10,765 $87,752 $15,768 $71,984
2022 $10,375 $84,797 $15,768 $69,029
2021 $10,330 $84,211 $15,768 $68,443
2020 $9,390 $94,324 $15,768 $78,556
2019 $9,212 $89,653 $15,768 $73,885
2018 $7,655 $88,903 $15,768 $73,135
2017 $7,206 $85,623 $15,768 $69,855
2016 $5,709 $82,962 $15,768 $67,194
2015 $2,343 $80,333 $15,768 $64,565
2014 $2,343 $74,369 $15,768 $58,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10578394

Real Estate Board of New York (REBNY)

APN: 1279-1005