NOT LISTED FOR SALE

Estimated Value: $2,502,000 - $4,347,297

3 Beds
4 Baths
1,715 Sq Ft
$1,762/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $3,805,000 $2,219 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $22,635/month

156 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 96 Street (4,6 Line)
  • Garden
  • Ps 198 Isador E Ida Straus Rated A
  • Terrace
  • 1-minute walk to Park Avenue Malls

About This Home

As of February 2014

Enjoy the ultimate luxury living in a one-of-a-kind prewar condominium near Central Park, with a phenomenal 1500-square-foot wraparound garden terrace in Manhattan's exclusive Carnegie Hill. This glamorous Upper East Side home, featured in numerous architectural publications and on television, is a sight to behold with its refined living space and sophisticated appointments. Perched on the 17th story of one of the city's finest prewar condominiums with Only 2 apartments on the floor, this expansive light-filled apartment is the ideal setting for relaxing comfortably or entertaining formally. The versatile layout comprised of an elegant wood-paneled living room with beamed ceilings and a fireplace, a stainless steel and granite chef's kitchen, 2 large master bedrooms, a maid's room or home office, 3 full spa-like marble baths and a powder room can easily be suited to your needs whether as your primary home or pied-a-terre. Complementing the exquisite interior is the enormous Zen-like private wrap terrace, accessed from the living room and master bedroom, which offers stretching views of Central Park and Long Island as you enjoy coffee, cigar, cocktails and conversation by the fountain. Wrap terrace is equipped with full wet bar, wet sprinklers, tanning beds, herb garden outdoor speakers and lighting. Built in 1924, The Gatsby is a 17-story white-glove prewar residence between Park and Madison Avenues, in one of the city's most sought-after neighborhoods. Live minutes from Central Park, Museum Mile, Manhattan's best shopping, world-class restaurants and boutiques, and top city schools. Residents enjoy such full-service amenities as a 24-hour doorman, live-in super, children's playroom, fitness center, Bike room and storage room.

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $30,996

Year Built

  • Built in 1924

HOA Fees

  • $2,084 Monthly HOA Fees

Home Design

  • 1,715 Sq Ft Home
  • Pre War Building
  • Entry on the 17th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Terrace
  • Garden

Community Details

Overview

  • 60 Units
  • The Gatsby Condos
  • Carnegie Subdivision
  • 15-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Est. Annual Taxes

$30,996

Year Built

Built in 1924

Lot Details

0

HOA Fees

$2,084 per month

Listing Details

  • Cross Street: Park & Madison Avenues
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CARNEGIE
  • Architectural Style: Prewar
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 15

Interior Features

  • Living Area: 1715.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2084.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE GATSBY
  • Units: 60
  • Total Stories: 15
  • Year Built: 1924

Tax Info

  • Tax Block: 0
  • Tax Annual: 30996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2013
Closed on
Feb 3, 2014
Sold by
Deplano Marco and Deplano Roberta
Bought by
Root Pamela P
List Price
$4,000,000
Sold Price
$3,805,000
Premium/Discount to List
-$195,000
-4.88%
Current Estimated Value
$3,022,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$782,426
Avg. Annual Appreciation
-1.98%
Original Mortgage
$800,000
Outstanding Balance
$613,997
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,401,255

Purchase Details

Closed on
Sep 23, 2002
Sold by
Intell 65 East 96 Llc
Bought by
Deplano Roberta and Deplano Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.18%
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
Root Pamela P $3,805,000 --
Root Pamela P $3,805,000 --
Deplano Roberta -- --
Deplano Roberta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Pamela P $800,000
Closed Root Pamela P $800,000
Previous Owner Deplano Marco $1,100,149
Previous Owner Deplano Marco $1,650,000
Previous Owner Deplano Roberta $1,650,000
Closed Root Pamela P $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $3,805,000 -4.9% $2,219 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $4,000,000 -- $2,332 / 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 $53,362 $445,433 $29,011 $416,422
2024 $53,362 $426,829 $29,011 $397,818
2023 $42,380 $418,763 $29,011 $389,752
2022 $41,734 $421,921 $29,011 $392,910
2021 $51,298 $457,543 $29,011 $428,532
2020 $42,273 $506,774 $29,011 $477,763
2019 $41,099 $495,377 $29,011 $466,366
2018 $47,954 $508,912 $29,011 $479,901
2017 $44,002 $450,643 $29,011 $421,632
2016 $45,016 $452,191 $29,011 $423,180
2015 $15,175 $433,274 $29,011 $404,263
2014 $15,175 $402,473 $29,011 $373,462
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10077411

Real Estate Board of New York (REBNY)

APN: 1602-1061