NOT LISTED FOR SALE

Estimated Value: $45,031,276

-- Bed
-- Bath
121,060 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 63-67 W 38th St, New York, NY 10018 and is currently estimated at $45,031,276, approximately $371 per square foot. 63-67 W 38th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2024
Sold by
Rsvp 38Th Street Venture Lp
Bought by
Raizada Rh Llc and Refinery Aa Llc
Current Estimated Value
$45,031,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000,000
Outstanding Balance
$69,080,726
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$24,049,450

Purchase Details

Closed on
Oct 27, 2009
Sold by
63 West 38Th Street Property Investors I and % Savanna Real Estate Fund
Bought by
63 West 38Th Street Development Llc

Purchase Details

Closed on
Jan 14, 2009
Sold by
63 West 38Th Llc and Textiles From %
Bought by
63 West 38Th Street Property Investors I

Purchase Details

Closed on
Mar 24, 2006
Sold by
Atom Partners Llc and % The Daten Group
Bought by
63 West 38Th Llc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Stonepark Associates Llc and % The Chetrit Group Llc
Bought by
Atom Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,645,924
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2001
Sold by
Max Five Ny Llc
Bought by
Max Four Ny Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,927,154
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1998
Sold by
Melohn Alfons Malcolm
Bought by
Max Five Ny Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Raizada Rh Llc -- --
63 West 38Th Street Development Llc $29,500,000 --
63 West 38Th Street Development Llc $29,500,000 --
63 West 38Th Street Property Investors I -- --
63 West 38Th Street Property Investors I -- --
63 West 38Th Llc $49,500,000 --
63 West 38Th Llc $49,500,000 --
Atom Partners Llc $28,400,000 --
Atom Partners Llc $28,400,000 --
Max Four Ny Holdings Llc -- Commonwealth Land Title Ins
Max Four Ny Holdings Llc -- Commonwealth Land Title Ins
Max Five Ny Llc $14,770,000 Title Associates Inc
Max Five Ny Llc $14,770,000 Title Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raizada Rh Llc $70,000,000
Previous Owner Atom Partners Llc $4,645,924
Previous Owner Max Four Ny Holdings Llc $33,927,154
Source: Public Records

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 $2,084,394 $18,673,840 $3,600,000 $15,073,840
2024 $2,084,394 $19,678,950 $3,600,000 $16,078,950
2023 $1,882,327 $18,480,150 $3,600,000 $14,880,150
2022 $1,752,680 $17,087,400 $3,600,000 $13,487,400
2021 $2,108,990 $19,721,250 $3,600,000 $16,121,250
2020 $2,426,166 $28,531,350 $3,600,000 $24,931,350
2019 $2,397,110 $27,453,600 $3,600,000 $23,853,600
2018 $1,960,407 $18,263,250 $3,600,000 $14,663,250
2017 $2,030,779 $27,580,500 $3,600,000 $23,980,500
2016 $1,752,293 $29,072,250 $3,600,000 $25,472,250
2015 $402,697 $14,944,331 $3,600,000 $11,344,331
2014 $402,697 $14,798,700 $3,600,000 $11,198,700
Source: Public Records

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