NOT LISTED FOR SALE

Estimated Value: $1,473,043 - $2,244,000

2 Beds
2 Baths
-- Sq Ft
$2,009/mo HOA Fee

Last Sold July 14, 2021

Last sale price $1,995,000

Est. 3% decrease in value since last sale

Current estimated payment $13,479/month

28 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Lexington Avenue-59 Street
  • 6,025 Sq Ft lot
  • East Side Elementary School, P.S. 267 Rated A
  • City View
  • 4-minute walk to Grand Army Plaza

About This Home

As of July 2021

Rare opportunity to enjoy prewar elegance with the flexibility of a condo. Impeccably renovated, this sun-flooded two-bedroom home is perched on the top floor of one of the very few classic prewar buildings on Park Avenue that is a condominium. This apartment has undergone a thoughtful, high-end renovation and is completely move-in ready. Boasting high ceilings, prewar details and the highest level of finishes throughout, this residence has it all.

Upon entering, you are immediately greeted by light and open city views through oversized windows and soaring 10'8” ceilings. The living/dining area is accented by a working fireplace and large picture window. Open to the living area is a large, windowed chef's kitchen that is exquisitely designed, featuring a bistro style counter, Sub-Zero refrigerator, Wolf range and custom cabinetry.

The private living space, accessed off of a bedroom hallway, has two bedrooms that are well proportioned and enjoy an abundance of light and views as well as ample closet space. Both of the en suite bathrooms and renovated to perfection. Additional features of this home include a temperature controlled through-wall HVAC system, washer/dryer and beautiful new hardwood floors.

521 Park Avenue is a distinct white-glove pre-war condominium in a prime location. The building includes a full-time doorman, porter, handyman, live-in resident manager and fitness center. There is also laundry and private storage available in the basement. Close to Central Park, world renowned restaurants and upscale shopping, this is one of Manhattan's most sought-after neighborhoods. The building allows pets, pied-a-terres and flexible financing.

Last Agent to Sell the Property

Jeremy Stein

Sothebys International Realty License #10301219094 Listed on: 02/25/2021

Sothebys International Realty

Co-Listed By

Karen Moreau

Sothebys International Realty License #10401321974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,860

Year Built

  • Built in 1911

Lot Details

  • 6,011

HOA Fees

  • $2,009 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 12th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • City Views
  • Eat-In Kitchen
  • Central Air

Community Details

Overview

  • 24 Units
  • Lenox Hill Subdivision
  • 12-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,860

Year Built

Built in 1911

Lot Details

0

HOA Fees

$2,009 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2009.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 6025.0
  • Lot Size Dimensions: 100.42 x 60.0

Building Info

  • New Construction: No
  • Units: 24
  • Total Stories: 12
  • Year Built: 1911

Tax Info

  • Tax Block: 0
  • Tax Annual: 13860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jul 8, 2021
Sold by
Amy T Joachim As Authorized Trustee
Bought by
Hahn Alexandra M
Seller's Agent
Jeremy Stein
Sothebys International Realty
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$1,940,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,739
Avg. Annual Appreciation
-0.66%
Original Mortgage
$1,197,000
Outstanding Balance
$1,086,590
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$853,671

Purchase Details

Closed on
Mar 15, 2017
Sold by
521 Park Avenue Llc
Bought by
Amy T Joachim As Trustee and Scott B Joachim, As Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2011
Sold by
Mcc Sullivan Anne
Bought by
521 Park Avenue Llc

Purchase Details

Closed on
Aug 8, 1989
Sold by
525 Park Ave Associates
Bought by
Sullivan Anne Mcc and Sullivan John T
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
Hahn Alexandra M $1,995,000 --
Amy T Joachim As Trustee $1,650,000 --
521 Park Avenue Llc $1,350,000 --
Sullivan Anne Mcc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Alexandra M $1,197,000
Previous Owner Amy T Joachim As Trustee $1,485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $1,995,000 0.0% --
03/26/2021 03/26/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,995,000 -- --
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 $14,195 $115,609 $16,158 $99,451
2024 $14,195 $113,541 $16,158 $97,383
2023 $11,263 $111,291 $16,158 $95,133
2022 $11,002 $108,998 $16,158 $92,840
2021 $13,515 $110,176 $16,158 $94,018
2020 $11,543 $122,034 $16,158 $105,876
2019 $10,823 $119,291 $16,158 $103,133
2017 $11,170 $107,057 $16,158 $90,899
2016 $10,353 $101,236 $16,158 $85,078
2015 $5,127 $81,472 $16,159 $65,313
2014 $5,127 $77,467 $16,159 $61,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10826486

Real Estate Board of New York (REBNY)

APN: 1395-1130