NOT LISTED FOR SALE

76 Madison Ave Unit 12B New York, NY 10016

Rose Hill Neighborhood

Estimated Value: $2,500,000 - $2,855,000

2 Beds
2.5 Baths
1,697 Sq Ft
$3,124/mo HOA Fee

Last Sold June 14, 2022

Last sale price $2,915,000 $1,718 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $20,821/month

44 Days on Market

Highlights

  • North Facing Home
  • 2-minute walk to 28 Street (4,6 Line)
  • 3-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-

About This Home

As of June 2022

Best priced and renovated in Nomad at $1,723 per square foot! Stylish apartment 12B at 76 Madison is a high floor, 2 bedroom/2.5 bathroom condominium loft designed by Elle Decor A List's Brockschmidt & Coleman. Seven oversized windows with open Northern city skyline views stretch across the entire length of this comfortable and sophisticated home. The expansive living room offers two spacious seating areas, custom built-ins and a large hidden flat screen television. The open, easy floorplan allows cooking, dining and living spaces to flow casually together. The dining area with built-in banquette and custom tambour bar is a luxurious space that could easily convert to an additional sleeping area as seen in the alternate floorplan. The totally modern, open kitchen with breakfast bar has custom steel shelves, back lit cabinets, and sparkling Caesar stone surfaces with a Sub-Zero refrigerator, Miele dishwasher, double oven, microwave and gas stove top, a 23 bottle wine refrigerator, garbage disposal and ample storage.



The primary bedroom features a spectacular plate glass window City view, 14 foot ceiling, a large concealed flat screen television and two fitted custom closets. The gorgeous primary bathroom offers nickel Waterworks fixures, a polished Palisandro heated floor, Thassos marble surfaces, stall shower, deep soaking tub and generous medicine cabinet storage. A large additional loft space above the bathroom ceiling reaches to roof height for extra optional storage. The split bedroom floorplan provides privacy and maximum utility as the second bedroom can easily convert to a home office or den. A full second bathroom is ensuite with custom vanity and stall shower. By the gracious front foyer, the high-style powder room features luxe ultra-suede walls and a honey onyx vanity. Hidden from sight in a well organized utility closet is the stacking double Miele washer/dryer. An "all home" Crestron system provides top-of-the-line tech wizardry in each room, operating electric black out/sun shades, modulating HVAC temperatures, and offering multiple lighting scenes with touch pad units in each room. Custom cabinetry and closets, art lighting by Tillet Lighting Design, wide plank white oak floors, 10 foot beamed ceilings with preserved industrial details, and designer details abound.



A large storage bin is included in this sale and pets are welcome. Primary residents enjoy a 17.5% City tax abatement as listed. Nonresident monthly taxes as of 2021 are $2,834. There are no current assessments and Local Law 11 work was completed in 2021.



Built in 1911 and converted to a residential boutique condominium in 2006, 76 Madison is a full service, 31 unit building with 24 hour door staff, superintendent and porter. Residents enjoy spectacular views from the rooftop terrace with covered outdoor living room, fireplace, wet bar, and landscaped sundeck. This rare offering is perfectly situated in a prime NoMad location, three blocks from Madison Park and just by Whole Foods, Eataly, Burke Street Bakery and many fine restaurants and shops. An ideal pied-a-terre, primary residence or investment property with flexible financing and ownership.

Last Agent to Sell the Property

Kenneth Castor

Compass License #10401265831 Listed on: 01/28/2022

Compass

Co-Listed By

Charlotte VanDoren

Corcoran Group License #10301200913

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,056

Year Built

  • Built in 2007

Lot Details

  • North Facing Home

HOA Fees

  • $3,124 Monthly HOA Fees

Home Design

  • 1,697 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Community Details

  • 31 Units
  • Downtown Subdivision
  • 14-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,056

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,124 per month

Listing Details

  • Cross Street: EAST 27 STREET and EAST 28 STREET
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Living Area: 1697.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3124.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 31
  • Total Stories: 14
  • Year Built: 2007

Tax Info

  • Tax Block: NA
  • Tax Annual: 28056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Jun 14, 2022
Sold by
Scovill Llc
Bought by
Anderson Callie Irene and Mccloskey Christopher P
Seller's Agent
Kenneth Castor
Compass
List Price
$2,925,000
Sold Price
$2,915,000
Premium/Discount to List
-$10,000
-0.34%
Current Estimated Value
$2,670,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,407
Avg. Annual Appreciation
-3.30%
Original Mortgage
$2,186,250
Outstanding Balance
$2,089,539
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,902

Purchase Details

Closed on
Jan 22, 2014
Sold by
Halpern Bart and Kaplan Lawrence
Bought by
Scovill Llc

Purchase Details

Closed on
Jun 14, 2007
Sold by
76 Madison Partners Llc
Bought by
Halpern Bart and Kaplan Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.24%
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
Anderson Callie Irene $2,915,000 --
Scovill Llc $3,150,000 --
Scovill Llc $3,150,000 --
Halpern Bart $2,000,000 --
Halpern Bart $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Callie Irene $2,186,250
Previous Owner Halpern Bart $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $2,915,000 -0.3% $1,718 / Sq Ft
01/28/2022 01/28/22 For Sale $2,925,000 -- $1,724 / 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 $36,898 $291,375 $60,644 $230,731
2024 $36,898 $295,135 $60,644 $234,491
2023 $35,644 $290,569 $60,644 $229,925
2022 $35,039 $286,383 $60,644 $225,739
2021 $34,403 $280,453 $60,644 $219,809
2020 $34,796 $310,635 $60,644 $249,991
2019 $33,481 $303,649 $60,644 $243,005
2018 $31,597 $293,038 $60,644 $232,394
2017 $29,806 $275,519 $60,644 $214,875
2016 $28,703 $262,022 $60,645 $201,377
2015 $15,376 $228,388 $60,645 $167,743
2014 $15,376 $218,438 $60,645 $157,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10777198

Real Estate Board of New York (REBNY)

APN: 0857-1131