NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,263,000

2 Beds
2 Baths
1,100 Sq Ft
$1,763/ mo HOA Fee

Last Sold January 13, 2022

Last sale price $1,250,000 $1,136 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,607/month

28 Days on Market

Highlights

  • City View
  • 4-minute walk to Grand Central-42 Street
  • High-Rise Condominium
  • P.S. 116 Mary Lindley Murray Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to Tilden Park

About This Home

As of January 2022

Move right in to this lovely pre-War two bedroom, two bathroom condominium apartment with views from the living room and master bedroom facing west, and overlooking Park Avenue. This home has been freshly painted. There is a new GE side-by-side stainless steel refrigerator and a new stainless steel Avanti wine cooler installed in the open kitchen which has granite counter tops. There is a window in the kitchen, Thermador stove and oven, Kitchen Aid dishwasher, deep stainless steel kitchen sink and light color wood kitchen cabinets. There are large tilt-in windows in the living room and master bedroom. There is a second bathroom with a stall shower and window located right next to the second bedroom which has a Murphy bed enclosed in a cabinet and two large windows. There is a Bosch washing machine and Bosch clothes dryer contained in the hallway closet. The ceiling heights are approximately nine feet. Amenities in 71 Park Avenue include a full-time doorman, live-in superintendent, bike storage and laundry in basement. Pets and pied-a-terres are permitted with board approval. 71 Park Avenue is conveniently located in midtown Manhattan three blocks from Grand Central Station with multiple transportation options and wonderful shopping and restaurants nearby. There is an Fannie Mae assessment of $184.45 per month plus a $2,175.88 monthly Capital Reserve assessment for six months ending December 31, 2021.

Last Agent to Sell the Property

Scott Durkin

Douglas Elliman Real Estate License #10491206796 Listed on: 10/06/2021

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,584

Year Built

  • Built in 1924

HOA Fees

  • $1,763 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,100 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 43 Units
  • High-Rise Condominium
  • Murray Hill Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 00894

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,584

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

HOA Fees

$1,763 per month

Listing Details

  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill
  • Entry Level: 4
  • Structure Type: High Rise
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Interior Features: Dining Area, Smoke Free
  • Fireplace: No
  • Living Area: 1100.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1763.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 43
  • Total Stories: 12
  • Year Built: 1924

Tax Info

  • Tax Block: 00894
  • Tax Lot: 0000
  • Tax Annual: 13584.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 13, 2022
Sold by
Chung George and Westmeier Chung Susan
Bought by
Islam Inji Z and Zaheer Salman
Seller's Agent
Scott Durkin
Douglas Elliman Real Estate
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,218,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,422
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
Sep 13, 2006
Sold by
Sirva Relocation Llc
Bought by
Chung George and Westmeier Chung Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.52%

Purchase Details

Closed on
Dec 21, 2004
Sold by
Lesser Leonard Frederick and Lesser Renee Simon
Bought by
Bigelow Graham A and Young Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Park Avenue Manhattan As
Bought by
Lesser Leonard Frederic and Lesser Renee Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Islam Inji Z $1,225,000 --
Chung George $1,200,000 --
Sirva Relocation Llc $1,200,000 --
Bigelow Graham A $1,150,000 --
Lesser Leonard Frederic -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sirva Relocation Llc $900,000
Previous Owner Bigelow Graham A $862,500
Previous Owner Lesser Leonard Frederic $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Off Market $1,250,000 -- --
04/02/2023 04/02/23 Off Market $1,250,000 -- --
01/13/2022 01/13/22 Sold $1,250,000 0.0% $1,136 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,250,000 -- $1,136 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $18,037 $145,340 $12,492 $132,848
2024 $18,037 $144,270 $12,492 $131,778
2023 $17,417 $141,983 $12,492 $129,491
2022 $13,443 $133,177 $12,492 $120,685
2021 $16,534 $137,245 $12,492 $124,753
2020 $14,678 $152,554 $12,492 $140,062
2019 $14,177 $157,750 $12,492 $145,258
2018 $16,118 $152,665 $12,492 $140,173
2017 $15,104 $133,155 $12,492 $120,663
2016 $14,349 $128,729 $12,492 $116,237
2015 $7,507 $120,628 $12,492 $108,136
2014 $7,507 $110,092 $12,492 $97,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10925336

Real Estate Board of New York (REBNY)

APN: 0894-1913

Your Personal Tour Guide

Ask me questions while you tour the home.