$550,000
SOLD NOV 26, 2024
1 Bed
1 Bath
500 Sq Ft
$772/mo HOA Fee

Recently Sold

$1,100 Per Sq Ft

14 Days on Market

Highlights

  • Rooftop Deck
  • Views
  • Community Storage Space
  • P.S. 158 The Bayard Taylor School Rated A
  • Garage
  • High-Rise Condominium

About This Home

As of November 2024

Spacious Alcove Studio at The Salem House Discover this generous alcove studio on the 5th Floor in The Salem House, featuring ample closet space and a separate, renovated kitchen. Easily convertible into a Junior one-bedroom, this studio is versatile enough to serve as a primary residence, pied-à-terre, or investment property. 520 East 81st is a pet-friendly condominium offering a range of amenities, including a full-time doorman, live-in superintendent, and a common roof deck with river views. Residents also benefit from a central laundry room and an on-site garage. Situated on a picturesque tree-lined street, this property is conveniently located at the nearby new Second Avenue subway, Carl Schurz Park, Gracie Mansion, and the East River Promenade.

Last Agent to Sell the Property

Aleksey Gavrilov

Corcoran Group License #40GA1077250 Listed on: 09/09/2024

Corcoran Group

Co-Listed By

Joseph Grosso

Corcoran Group License #10401202638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1960

HOA Fees

  • $772 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 500 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • No Cooling
  • Property Views

Listing and Financial Details

  • Legal Lot and Block 1052 / 01577

Community Details

Overview

  • 163 Units
  • High-Rise Condominium
  • Salem House, The Condos
  • Yorkville Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,441

Year Built

Built in 1960

Lot Details

0

HOA Fees

$772 per month

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Yorkville
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: 35 lbs 1 dog per apartment,Building Pets Allowed Comments:35 lbs 1 dog per apartment
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Elevator(s), Storage
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 772.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Salem House, The
  • Units: 163
  • Total Stories: 12
  • Year Built: 1960

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01577
  • Tax Lot: 1052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 26, 2024
Sold by
520E81ny Llc
Bought by
Roxas Alan G and Silverio Maria Carmen
Seller's Agent
Aleksey Gavrilov
Corcoran Group
List Price
$550,000
Sold Price
$550,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%
Original Mortgage
$125,000
Outstanding Balance
$124,117
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,746

Purchase Details

Closed on
Mar 4, 2015
Sold by
Gabriel Arthur
Bought by
520E81ny Llc

Purchase Details

Closed on
Oct 2, 2013
Sold by
Diana Burshtein As Executor Of The and Estate Of Vera Burshtein
Bought by
Gabriel Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1998
Sold by
520 East 81St Street Associates
Bought by
Burshtein Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
6.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $550,000 --
Deed -- --
Deed -- --
Deed $320,000 --
Deed $320,000 --
Condominium Deed $120,000 --
Condominium Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 Purchase Money Mortgage
Previous Owner $240,000 New Conventional
Previous Owner $10,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $595,000 -0.8% $992 / Sq Ft
07/14/2025 07/14/25 Price Changed $600,000 -7.7% $1,000 / Sq Ft
06/10/2025 06/10/25 For Sale $650,000 0.0% $1,083 / Sq Ft
05/19/2025 05/19/25 Rented $3,400 0.0% --
03/24/2025 03/24/25 Under Contract -- -- --
01/19/2025 01/19/25 Price Changed $3,400 +6.3% $7 / Sq Ft
01/12/2025 01/12/25 Price Changed $3,200 -1.5% $6 / Sq Ft
12/13/2024 12/13/24 Price Changed $3,250 -4.4% $6 / Sq Ft
12/12/2024 12/12/24 Price Changed $3,400 -2.9% $7 / Sq Ft
12/11/2024 12/11/24 Price Changed $3,500 +2.9% $7 / Sq Ft
12/06/2024 12/06/24 Price Changed $3,400 +13.3% $7 / Sq Ft
12/06/2024 12/06/24 Price Changed $3,000 +299900.0% $6 / Sq Ft
12/03/2024 12/03/24 For Rent $1 0.0% --
11/26/2024 11/26/24 Sold $550,000 0.0% $1,100 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $550,000 -- $1,100 / 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 $7,441 $62,208 $13,601 $48,607
2024 $7,441 $59,520 $13,601 $45,919
2023 $7,164 $59,175 $13,601 $45,574
2022 $6,948 $57,148 $13,601 $43,547
2021 $6,804 $55,467 $13,601 $41,866
2020 $6,750 $62,293 $13,601 $48,692
2019 $6,497 $59,486 $13,601 $45,885
2018 $6,040 $57,457 $13,600 $43,857
2017 $5,579 $50,419 $13,601 $36,818
2016 $5,388 $49,886 $13,601 $36,285
2015 $2,886 $46,795 $13,601 $33,194
2014 $2,886 $40,343 $13,600 $26,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11007683

Real Estate Board of New York (REBNY)

APN: 1577-1052