NOT LISTED FOR SALE

Estimated Value: $2,509,548

12 Beds
8 Baths
6,500 Sq Ft
2,483 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $2,205,000 $339 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,526/month

45 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 59 Street (N,R Line)
  • 4-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A
  • North Facing Home

About This Home

As of November 2022

Sunset Part Investment Property; 6 apartments + 2 stores with a BEAUTIFUL VIEW of the MANHATTAN SKYLINE from the ROOF!! One store is rented for $3800; the other store is vacant. Each of the six apartments has 2 bedrooms. #1-$1,009.62, #2- $1,063.76, #3- $1,116.95, #4- $1,116.95, #5,$1,076.25, #6- $1,116.95. Total gross annual income is $168,000. This well maintained building offers: a NEW BOILER(2019), NEW HOT WATER HEATER(2021), NEW ELECTRIC PANELS & NEW EMERGENCY EXIT LIGHT FIXTURES IN THE HALLWAYS FROM THE ENTRANCE TO THE ROOF(2016), NEW STUCCO ON REAR EXTERNAL WALL, NEW CAULKING ON WINDOWS, NEW SEAL ON ROOF, SEVERAL NEW WINDOWS, NEW HALLWAY FLOORS FROM TOP TO BOTTOM, AND THE HALLYWAY WAS RECENTLY PAINTED FROM THE ENTRANCE TO THE ROOF! The basement has two remaining walk-in-freezer boxes previously used by the restaurant business that recently vacated the presently available commercial space. With too many extras to mention, call for your private property tour!

Last Agent to Sell the Property

Deborah A. Iemma

Empire State Realty Services NY License #10371201204 Listed on: 07/02/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,504

Year Built

  • Built in 1904

Lot Details

  • North Facing Home
  • Property is in good condition

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 6,500 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms

Community Details

  • Sunset Park Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,504

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Cross Street: 58th street
  • Exposures: North
  • Delivered Vacant: Yes
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Living Area: 6500.0
  • Living Area Units: Square Feet
  • Floor Number: 1

Beds/Baths

  • Bathrooms Total: 6.5
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Bedrooms: 12

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • New Development: No
  • Units: 1
  • Total Stories: 4
  • Year Built: 1904

Tax Info

  • Tax Block: NA
  • Building Tax Lot: NA
  • Tax Annual: 21504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Nov 8, 2022
Sold by
Vinci & Sons Corp
Bought by
5713 5Th Ave Llc
Seller's Agent
Deborah A. Iemma
Empire State Realty Services NY
List Price
$2,498,000
Sold Price
$2,205,000
Premium/Discount to List
-$293,000
-11.73%
Current Estimated Value
$2,509,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,548
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,320,000
Outstanding Balance
$1,278,993
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,230,555
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
5713 5Th Ave Llc $2,220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5713 5Th Ave Llc $1,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold $2,205,000 -11.7% $339 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $2,498,000 -- $384 / 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 $26,030 $616,500 $11,700 $604,800
2024 $26,030 $553,050 $11,700 $541,350
2023 $23,649 $513,000 $11,700 $501,300
2022 $23,266 $520,200 $11,700 $508,500
2021 $21,599 $567,000 $11,700 $555,300
2020 $16,200 $618,300 $11,700 $606,600
2019 $20,199 $624,600 $11,700 $612,900
2018 $19,550 $148,297 $2,596 $145,701
2017 $18,605 $146,278 $2,713 $143,565
2016 $17,461 $135,444 $2,771 $132,673
2015 $11,336 $125,557 $2,785 $122,772
2014 $11,336 $123,201 $3,279 $119,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10812621

Real Estate Board of New York (REBNY)

APN: 00848-0004