NOT LISTED FOR SALE

Estimated Value: $2,497,253 - $3,105,000

2 Beds
2 Baths
1,359 Sq Ft
$1,856/mo HOA Fee

Last Sold July 30, 2014

Last sale price $3,100,000 $2,281 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $20,572/month

311 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Lower East Side-2 Avenue
  • Garage
  • P.S. 110 Florence Nightingale Rated A
  • Pre War Building
  • 1-minute walk to Manuel Plaza

About This Home

As of July 2014

This Full Floor 1,359 Sqft 2 Bedroom 2 Bathroom Home features 2 vast Terraces facing North and West totaling over 500 sqft with an authentic Japanese Hot tub. It is unparalleled in design, finish & luxury. A private key-locked elevator transports you to an oasis of chic: impressive 13' ceilings with walls of floor-to-ceiling glass & exposed beams translate into a smart, modern design. Watch the sun rise & set with the city skyline, views of the ESB & Chrysler Buildings, the Williamsburg & Manhattan Bridges & the new Freedom Tower from N/S/E/W panoramic exposures. A custom white kitchen is finely appointed with Sub Zero & Bosche appliances, Grohe fixtures & Corian countertops. French Oak floors accentuate the space's airiness & luminance. The sleek Master bath features Lea Ceramiche & Ciot tile walls, Corian floors & a Kohler Water Tile rain shower system. Laundry room with vented LG W/D is also included. Enter 52 East 4th Street thru a dramatic gated set-back entrance. Terrace with pool & cabanas offer a chic, serene escape from the city. Soaring 15 stories tall, 52 East 4th Street is an award winning architectural icon on The Bowery.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,752

Year Built

  • Built in 2008 | Newly Remodeled

HOA Fees

  • $1,856 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,359 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 14 Units
  • Scarano Condos
  • Eastvill Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,752

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$1,856 per month

Listing Details

  • Cross Street: Second Avenue & Bowery
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: EASTVILL
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Living Area: 1359.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1856.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: Scarano
  • Units: 14
  • Year Built: 2008

Tax Info

  • Tax Block: 0
  • Tax Annual: 7752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Jul 30, 2014
Sold by
Kamen Efrem
Bought by
Bergson Alexander E
List Price
$4,000,000
Sold Price
$3,100,000
Premium/Discount to List
-$900,000
-22.5%
Total Days on Market
311
Current Estimated Value
$2,773,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$326,437
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Jul 16, 2009
Sold by
351 Bowery Associates Llc
Bought by
Kamen Efrem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

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
Bergson Alexander E $3,100,000 --
Kamen Efrem $2,593,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kamen Efrem $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $3,100,000 -22.5% $2,281 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $4,000,000 -- $2,943 / 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 $39,176 $313,357 $30,145 $283,212
2023 $38,555 $308,394 $30,145 $278,249
2022 $36,979 $315,915 $30,145 $285,770
2021 $35,909 $298,935 $30,145 $268,790
2020 $34,517 $330,968 $30,145 $300,823
2019 $26,727 $323,540 $30,145 $293,395
2018 $25,468 $312,222 $30,145 $282,077
2017 $18,180 $264,533 $30,145 $234,388
2016 $17,540 $230,574 $30,145 $200,429
2015 $5,872 $210,423 $30,145 $180,278
2014 $5,872 $227,081 $30,145 $196,936
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10077370

Real Estate Board of New York (REBNY)

APN: 0459-1105