NOT LISTED FOR SALE

62 E 1st St Unit 5N New York, NY 10003

Bowery Neighborhood

Estimated Value: $1,336,160 - $1,675,000

1 Bed
1 Bath
873 Sq Ft
$822/mo HOA Fee

Last Sold September 07, 2022

Last sale price $1,395,000 $1,598 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,809/month

21 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Lower East Side-2 Avenue
  • Balcony
  • P.S. 110 Florence Nightingale Rated A
  • City View
  • 1-minute walk to First Park

About This Home

As of September 2022

Oversized one-bedroom condo with home office and a 205 SF private terrace on one of the best blocks in the East Village! Bright and spacious, it offers modern fixtures and finishes throughout with a flexible open layout, ample storage, an in-unit in-unit LG washer and dryer, centrally-controlled A/C and heat, and the ultimate luxury a spacious terrace with room for dining and lounging with classic NYC views.

The large open-plan living room is large enough to accommodate an additional dining area, and has over-sized north-facing windows that offer lovely light throughout the day. The open kitchen has clean modern finishes and a luxury appliance suite including a Liebherr refrigerator, Viking 5-burner gas range, and Bosch dishwasher. From the living room, a large glass door opens to a peaceful 205 square-foot private terrace at 23+ feet long, you can enjoy separate lounging and dining areas with plenty of space left for perfecting your green thumb!

The king-sized bedroom easily accommodates additional furniture and has a walk in closet and an additional entrance to your private terrace. The large home office alcove is perfect for working from home, but could easily be enclosed to provide privacy during calls or serve as a guest room. The windowed bathroom offers modern neutral finishes including a large soaking tub, shower, and custom wood vanity.

62 East 1st Street is an well-maintained 10-unit boutique elevator condominium with just two apartments per floor and a 24-hour virtual doorman. Residents enjoy a shared roof deck, key-fob entry package room, and a part-time Super with low common charges. Located at the crossroads of the East Village and Lower East Side, you'll enjoy the best dining, nightlife and entertainment downtown Manhattan has to offer, with easy access to multiple train lines, and Tompkins Square Park, Equinox, Whole Foods, and Union Market are all within a few blocks.

Last Agent to Sell the Property

Isil Yildiz

Compass License #10301209312 Listed on: 07/14/2022

Compass

Co-Listed By

Isabel Yerkes

Compass License #10401285779

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,768

Year Built

  • Built in 2008

HOA Fees

  • $822 Monthly HOA Fees

Interior Spaces

  • 873 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 443

Community Details

Overview

  • E. Greenwich Village Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,768

Year Built

Built in 2008

Lot Details

0

HOA Fees

$822 per month

Listing Details

  • Cross Street: First Avenue/Second Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: E. Greenwich Village
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 873.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 822.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2008

Tax Info

  • Tax Block: 443
  • Tax Lot: 7502
  • Tax Annual: 18768.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 2, 2022
Sold by
Vasantharam Karkada and Vasantharam Sheila J
Bought by
Hong Yun Cui Audrey
Seller's Agent
Isil Yildiz
Compass
List Price
$1,395,000
Sold Price
$1,395,000
Views
1
Current Estimated Value
$1,544,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,139
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Jan 6, 2009
Sold by
62 East 1St Street Llc
Bought by
Vasantharam Karkada and Vasantharam Sheila J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
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
Hong Yun Cui Audrey $1,395,000 --
Vasantharam Karkada $1,096,045 --
Vasantharam Karkada $1,096,045 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasantharam Karkada $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $1,395,000 0.0% $1,598 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,395,000 -- $1,598 / 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 $18,401 $149,229 $10,166 $139,063
2024 $18,401 $147,181 $10,166 $137,015
2023 $17,775 $152,971 $10,166 $142,805
2022 $18,721 $154,244 $10,166 $144,078
2021 $18,257 $150,395 $10,166 $140,229
2020 $17,869 $165,329 $10,166 $155,163
2019 $16,883 $165,541 $10,166 $155,375
2018 $13,162 $149,724 $10,165 $139,559
2017 $12,193 $136,627 $10,166 $126,461
2016 $9,035 $133,202 $10,165 $123,037
2015 $2,628 $126,424 $10,166 $116,258
2014 $2,628 $108,772 $10,166 $98,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10794320

Real Estate Board of New York (REBNY)

APN: 0443-1109