8 W 38th St New York, NY 10018
Douglas Manor NeighborhoodEstimated Value: $35,703,892
--
Bed
--
Bath
112,120
Sq Ft
$318/Sq Ft
Est. Value
About This Home
This home is located at 8 W 38th St, New York, NY 10018 and is currently estimated at $35,703,892, approximately $318 per square foot. 8 W 38th St is a home located in New York County with nearby schools including P.S. 098 The Douglaston School, Louis Pasteur Middle School 67, and Benjamin N Cardozo High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2024
Sold by
David Schustack Trustee and Family Trust Under The Gerald Sperling G
Bought by
Jay On 38Th Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000,000
Outstanding Balance
$18,784,587
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$16,919,305
Purchase Details
Closed on
Nov 1, 2017
Sold by
Level 3 Communications Llc
Bought by
Century Link Inc
Purchase Details
Closed on
Oct 26, 2001
Sold by
Fraglow Associates
Bought by
Fraglow Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,851,231
Interest Rate
6.67%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jay On 38Th Street Llc | $35,000,000 | -- | |
| David Schustack Trustee | -- | -- | |
| Century Link Inc | $28,050,000 | -- | |
| Century Link Inc | $28,050,000 | -- | |
| Fraglow Realty Llc | -- | -- | |
| Fraglow Realty Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jay On 38Th Street Llc | $19,000,000 | |
| Previous Owner | Fraglow Realty Llc | $3,851,231 |
Source: Public Records
Tax History Compared to Growth
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 | $1,163,717 | $11,804,740 | $4,369,500 | $7,435,240 |
| 2024 | $1,163,717 | $10,986,750 | $4,369,500 | $6,617,250 |
| 2023 | $1,258,229 | $11,818,800 | $4,369,500 | $7,449,300 |
| 2022 | $1,389,192 | $12,950,550 | $4,369,500 | $8,581,050 |
| 2021 | $1,143,787 | $10,695,600 | $4,369,500 | $6,326,100 |
| 2020 | $1,309,407 | $14,082,750 | $4,369,500 | $9,713,250 |
| 2019 | $1,212,285 | $13,674,150 | $4,369,500 | $9,304,650 |
| 2018 | $1,145,739 | $13,180,500 | $4,369,500 | $8,811,000 |
| 2017 | $1,042,007 | $10,945,800 | $4,369,500 | $6,576,300 |
| 2016 | $1,024,423 | $10,250,550 | $4,369,500 | $5,881,050 |
| 2015 | $427,674 | $9,903,150 | $4,369,500 | $5,533,650 |
| 2014 | $427,674 | $9,391,950 | $4,369,500 | $5,022,450 |
Source: Public Records
Map
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