NOT LISTED FOR SALE

507 E 80th St Unit 3R New York, NY 10075

Yorkville Neighborhood

Estimated Value: $772,000 - $1,154,000

1 Bed
1 Bath
900 Sq Ft
$931/mo HOA Fee

Last Sold August 08, 2024

Last sale price $723,000 $803 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,237/month

239 Days on Market

Highlights

  • Terrace
  • Balcony
  • 5-minute walk to John Jay Park
  • P.S. 158 The Bayard Taylor School Rated A
  • Building Terrace

About This Home

As of August 2024

This over-sized one bedroom condo with private terrace and coveted in-unit washer/dryer is large enough for all of your living, or work-from-home needs.
Boasting 900 square feet, this spacious home is large enough for a king-sized bed and desk/office needs. Owner had plenty of room for a Peloton and gym equipment too!
The renovated, pass-through kitchen opens to the great room, large enough for both full-sized living room and dining area. With only two apartments per floor, this beautiful home also features through-the wall air with brand new, never-before-used HVACs, hardwood floors, crown molding and fully-outfitted closets by California Closets.

507 East 80th is a boutique condo building, with only 2 apartments per floor, located on a quiet block near Carl Schurz Park and the East River esplanade.
Part-time doorman (M-F 9-5), a wonderful, very attentive super, video intercom system and bike room.

*Potential for approx $231/mo reduction in taxes for primary residence.
The taxes represented do not include the NYC Condominium Tax Abatement offered for primary residences purchasing outside of an LLC. Please consult your accountant and real estate attorney for tax guidance.

Living Room photo is virtually staged for design ideas.

Last Agent to Sell the Property

Julie Zelman

ENGEL & VOLKERS NEW YORK CITY License #10301206540 Listed on: 09/16/2023

ENGEL & VOLKERS NEW YORK CITY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,852

Year Built

  • Built in 1987

Lot Details

  • 2,178

HOA Fees

  • $931 Monthly HOA Fees

Home Design

  • 900 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit

Outdoor Features

  • Balcony
  • Terrace

Listing and Financial Details

  • Legal Lot and Block 7503 / 01577

Community Details

Overview

  • 16 Units
  • Yorkville Subdivision
  • 8-Story Property

Amenities

  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,852

Year Built

Built in 1987

Lot Details

0

HOA Fees

$931 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Yorkville
  • Entry Level: 3
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Fireplace: No
  • Living Area: 900.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Building Balcony
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 931.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2554.0
  • Lot Size Dimensions: 25.0 x 102.17

Building Info

  • New Construction: No
  • Units: 16
  • Spa: No
  • Total Stories: 8
  • Year Built: 1987

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01577
  • Tax Lot: 7503
  • Tax Annual: 15852.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Aug 8, 2024
Sold by
Safran Elizabeth and Schachne Safran Elizabeth
Bought by
Khodabandelou Arsalan
Seller's Agent
Julie Zelman
ENGEL & VOLKERS NEW YORK CITY
List Price
$725,000
Sold Price
$723,000
Premium/Discount to List
-$2,000
-0.28%
Views
408
Current Estimated Value
$933,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,514
Avg. Annual Appreciation
25.13%
Original Mortgage
$506,100
Outstanding Balance
$500,460
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,054

Purchase Details

Closed on
Aug 2, 2023
Sold by
Schenkein As Trustee Ronnie and The Mary H Schachne 2014 Revocable Trus
Bought by
Safran Elizabeth

Purchase Details

Closed on
Jan 7, 2015
Sold by
Berman Debra M
Bought by
Mary H Schachne 2014 Revocable Trust and Mary H Schachne As Trustee

Purchase Details

Closed on
Oct 15, 2007
Sold by
Chu Kitmay
Bought by
Berman Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1995
Sold by
Minuto Leonard
Bought by
Chu Kitmay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.26%
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
Khodabandelou Arsalan $723,000 --
Safran Elizabeth -- --
Safran Elizabeth -- --
Mary H Schachne 2014 Revocable Trust $680,000 --
Mary H Schachne 2014 Revocable Trust $680,000 --
Berman Debra M $605,000 --
Berman Debra M $605,000 --
Chu Kitmay $155,000 Chicago Title Insurance Co
Chu Kitmay $155,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khodabandelou Arsalan $506,100
Previous Owner Berman Debra M $417,000
Previous Owner Chu Kitmay $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $723,000 -0.3% $803 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $725,000 0.0% $806 / Sq Ft
04/03/2024 04/03/24 For Sale $725,000 +0.3% $806 / Sq Ft
03/12/2024 03/12/24 Off Market $723,000 -- --
12/05/2023 12/05/23 Price Changed $750,000 -3.2% $833 / Sq Ft
10/09/2023 10/09/23 Price Changed $775,000 -3.0% $861 / Sq Ft
09/16/2023 09/16/23 For Sale $799,000 -- $888 / 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 $16,269 $127,026 $23,150 $103,876
2024 $16,269 $130,134 $23,150 $106,984
2023 $15,852 $129,223 $23,150 $106,073
2022 $12,556 $124,391 $23,150 $101,241
2021 $14,883 $121,322 $23,150 $98,172
2020 $11,631 $138,227 $23,150 $115,077
2019 $14,629 $136,692 $23,150 $113,542
2018 $14,215 $130,071 $23,150 $106,921
2017 $13,329 $113,892 $23,149 $90,743
2016 $13,256 $112,412 $23,150 $89,262
2015 $7,077 $106,248 $23,150 $83,098
2014 $7,077 $105,117 $23,149 $81,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10957605

Real Estate Board of New York (REBNY)

APN: 1577-1306