NOT LISTED FOR SALE

Estimated Value: $1,352,000 - $2,328,000

2 Beds
2 Baths
1,401 Sq Ft
$2,281/mo HOA Fee

Last Sold August 05, 2024

Last sale price $1,995,000 $1,424 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $15,827/month

Highlights

  • Pre War Building
  • Central Air
  • North Facing Home
  • Middle School 297 Rated A-
  • Courtyard
  • 2-minute walk to Matthews-Palmer Playground

About This Home

As of August 2024

Welcome to this sprawling, dramatic, split two bedroom, two bathroom home at the historic Inkwell Condominium in prime Hell’s Kitchen. The largest of the two bedroom layouts in the building, this 1,401 sq. ft. space feels like a tranquil country home the moment you walk through the door.

Originally built in 1905 in the Beaux-Arts style as a public schoolhouse, the building was completely reimagined in 2017 into a boutique luxury condominium to create a living experience that can’t be replicated by anything else in its class. Great care was taken to pay homage to the building’s past, which can be felt from the lobby, to the hallways, to this exceptional residence.

Upon entering the home, soaring 13’ ceilings and large casement windows allow soft, consistent sunlight to stream into the great room through the leafy treetops outside, encouraging you to take a deep breath and truly feel like you’ve been transported somewhere new. There is ample space for both living and dining in multiple configurations. The custom, open kitchen features soapstone slab countertops, roasted oak cabinetry, Watermark fixtures, a top-of-the-line Viking appliance package including wine fridge, farmhouse-style sink with disposal, a vented range hood, and unique, custom lighting by AvroKo. American Black Walnut wood floors are featured throughout.

The ideal split-bedroom layout allows for ultimate privacy and comfort. The primary suite at the far end of the home features a luxurious bathroom with radiant heated floors, custom Watermark fixtures, Calacatta gold marble topped vanities, a walk-in shower, and blackened steel accents throughout. A walk-in closet, motorized shades and window treatments, as well as separately zoned HVAC complete this retreat. On the opposite side of the home, you’ll find the secondary bedroom with a luxurious soaking tub, which also has motorized shades and window treatments, as well as a guest bathroom, and stackable washer/dryer closet.

Life at The Inkwell is truly a boutique experience, with only 18 residences total on 5 stories. The building also features a gym, common outdoor terrace, bike room, package room, and additional basement laundry. The stunning lobby is attended on weekdays from 12-8pm, with an on-duty super from 8am-4pm on weekdays, and a Sunday porter.

We look forward to welcoming you into this special and unique home. Open Houses are not permitted on the weekends, per the building, but the apartment can be shown by appointment at any time. Please don’t hesitate to reach out.

Note that the taxes listed account for the primary residence tax which eligible buyers may qualify for (a 17.5% reduction off of the full taxes of $2,988/month).

Last Agent to Sell the Property

Tyler Whitman

The Agency Brokerage License #10401213963 Listed on: 03/20/2024

The Agency Brokerage

Co-Listed By

Lukas Hoback

The Agency Brokerage License #10401323513

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,580

Year Built

  • Built in 1905

Lot Details

  • 7,231

HOA Fees

  • $2,281 Monthly HOA Fees

Home Design

  • 1,401 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7504 / 1073

Community Details

Overview

  • Clinton Subdivision
  • 5-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,580

Year Built

Built in 1905

Lot Details

0

HOA Fees

$2,281 per month

Listing Details

  • Cross Street: Tenth Avenue/Eleventh Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Clinton
  • Architectural Style: Prewar
  • Entry Level: 2
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1401.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Courtyard

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2281.36
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1905

Tax Info

  • Tax Block: 1073
  • Tax Lot: 7504
  • Tax Annual: 29580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Aug 5, 2024
Sold by
Meister David and Meister Lotte
Bought by
Sekulic Miroslav and Sekulic Simona Pichler
Seller's Agent
Tyler Whitman
The Agency Brokerage
List Price
$1,995,000
Sold Price
$1,995,000
Views
47
Current Estimated Value
$1,915,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,813
Avg. Annual Appreciation
-4.00%
Original Mortgage
$1,496,250
Outstanding Balance
$1,481,979
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,208

Purchase Details

Closed on
Jun 30, 2017
Sold by
520 West 45Th Street Owner Llc and % Gotham Organization
Bought by
Meister David and Meister Lotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
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
Sekulic Miroslav $1,995,000 --
Meister David $2,138,325 --
Meister David $2,138,325 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sekulic Miroslav $1,496,250
Previous Owner Meister David $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $1,995,000 0.0% $1,424 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,995,000 -- $1,424 / 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 $35,631 $267,065 $35,669 $231,396
2024 $35,631 $285,002 $35,669 $249,333
2023 $35,186 $286,833 $35,669 $251,164
2022 $33,323 $273,074 $35,669 $237,405
2021 $33,498 $273,074 $35,669 $237,405
2020 $30,003 $302,984 $35,669 $267,315
2019 $25,436 $297,352 $35,669 $261,683
2018 $20,472 $286,977 $35,670 $251,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10985276

Real Estate Board of New York (REBNY)

APN: 1073-1303