NOT LISTED FOR SALE

Estimated Value: $1,416,000 - $1,683,000

2 Beds
2 Baths
1,017 Sq Ft
$1,520/mo HOA Fee

Last Sold November 13, 2019

Last sale price $1,850,000 $1,819 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $11,756/month

45 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Balcony
  • Clinton School Rated A
  • Terrace
  • 1-minute walk to Hell's Kitchen Park

About This Home

As of November 2019

Rare opportunity to own your own penthouse escape in the sky! Penthouse 2N is a stunning 2-bedroom, 2-bathroom duplex home with a balcony that spans the living room and your own private, relaxation-ready roof-deck oasis with hot tub. With 1,017 sqft interior and 670 sqft exterior, there is plenty of space to enjoy. The king-sized master bedroom includes a large walk-in closet and ensuite bathroom with plenty of storage and double sinks. The generous second bedroom is outfitted with a custom closet to maximize storage and space saving. The living and dining areas and open chef's kitchen are great for entertaining or just to unwind from the daily grind. The kitchen, by Mastri La Cucina, includes appliances by Miele, LG, Bosch, & Fisher Paykel and features marble counters. Bathroom finishes include Zebrano porcelain wall tiles, Rocky River marble countertop, Crystal White stone countertop, Kohler bath and toilet, Pegasus faucets & rain shower heads, and custom Wenge cabinetry. The living/dining feature carbonized 4" bamboo flooring. This penthouse also offers an in-unit Bosch washer/dryer and full-size second bathroom. The entire home gets ample sunlight throughout the day from the south-facing windows with views of the city and sky, yet is quiet and peaceful, as it faces into the 505's shared planted courtyard. Adding to the allure of this penthouse is direct access to the amazing, private planted roof deck, where you can escape the hustle and bustle of city life in your serene and inviting oasis and soak away your stress in your own relaxing hot tub. This vantage point is perfect for the Manhattan skyline, the Hudson River, and even the Times Square ball drop on New Years Eve.



The 505 is a luxury boutique condo that offers a full-time doorman/concierge, live-in Resident Manager, bike room, storage room, laundry room, and common roof garden. The complex also features a private Zen garden retreat, nestled between the sleek dual structures of the north and south buildings. This urban oasis invites relaxation while priming you for a workout in the 24-hour fitness center in an enclosed greenhouse, just steps away. For a new perspective on fabulous living, there are two landscaped communal rooftop terraces that offer a haven of plush day & night beds, outdoor living and dining areas, barbecues and more. The noted architectural and design firm of H. Thomas O'Hara has created a thoughtful urban environment, selecting environmentally appropriate finishing details along with a rich array of nature-inspired textures and hues.



Life moves to an enticing rhythm at the 505?a vibe that fuses the cool notes of streamlined sophistication with the welcoming warmth of home. All this within walking distance of the Great White Way Theater District, the Midtown business District, the Hudson River Park, and the newly opened Hudson Yards, along with plenty of restaurants, shops, grocery stores, green spaces, and gyms to choose from. Also easy access to transportation with A/C/E, N/R/W, and 1,2,3,7 trains all close by. Life looks great at the 505. Simply put, there is nothing comparable!

NOTE: Additional monthly reserve contributions of $152.02.

Last Agent to Sell the Property

Brian Paylago

Compass License #40PA0902923 Listed on: 03/22/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 2008

Lot Details

  • South Facing Home

HOA Fees

  • $1,520 Monthly HOA Fees

Interior Spaces

  • 1,017 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 24 / 1076

Community Details

Overview

  • Clinton Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,116

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,520 per month

Listing Details

  • Cross Street: Eleventh Avenue/Tenth Avenue
  • Exposures: South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Clinton
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1017.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Window Features: New Windows

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Balcony, Building Roof Deck
  • Patio/Porch Features: Terrace, Balcony, Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1520.0
  • 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
  • Total Stories: 7
  • Year Built: 2008

Tax Info

  • Tax Block: 1076
  • Tax Lot: 24
  • Tax Annual: 10116.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Nov 12, 2019
Sold by
Holme Michelle and Milsom Kevin
Bought by
Berlin David Scott
Seller's Agent
Brian Paylago
Compass
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,545,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$304,488
Avg. Annual Appreciation
-2.98%
Original Mortgage
$1,480,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2010
Sold by
Lev Parkview Developers Llc
Bought by
Holme Michelle and Milsom Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,300
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Berlin David Scott $1,850,000 --
Holme Michelle $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berlin David Scott $1,480,000
Previous Owner Holme Michelle $481,000
Previous Owner Holme Michelle $937,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $1,850,000 0.0% $1,819 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $1,850,000 -- $1,819 / 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 $20,403 $169,831 $21,761 $148,070
2024 $20,403 $163,199 $21,761 $141,438
2023 $16,330 $161,358 $21,761 $139,597
2022 $15,483 $165,259 $21,761 $143,498
2021 $16,821 $137,125 $21,761 $115,364
2020 $17,843 $153,240 $21,761 $131,479
2019 $14,007 $152,892 $21,761 $131,131
2018 $13,003 $158,436 $21,761 $136,675
2017 $9,211 $124,161 $21,761 $102,400
2016 $8,840 $126,531 $21,761 $104,770
2015 $2,850 $116,695 $21,760 $94,935
2014 $2,850 $97,700 $21,761 $75,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10569329

Real Estate Board of New York (REBNY)

APN: 1076-1104