NOT LISTED FOR SALE

Estimated Value: $2,112,000 - $9,544,000

5 Beds
4.5 Baths
4,184 Sq Ft
$7,951/mo HOA Fee

Last Sold December 08, 2020

Last sale price $9,775,000 $2,336 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $45,996/month

49 Days on Market

Highlights

  • City View
  • 3-minute walk to 77 Street (4,6 Line)
  • Pre War Building
  • P.S. 6 Lillie D. Blake Rated A
  • 6,000 Sq Ft lot
  • Den

About This Home

As of December 2020

This stunning full floor residence is a light-filled sanctuary located in a boutique pre-war condominium in one of the most coveted locations on the Upper East Side of Manhattan. Move right into this expansive 5-bedroom, 4.5-bathroom home, boasting almost 50 linear feet facing Park Avenue and enriched by airy 10' coffered ceilings, herringbone wood floors, custom millwork and designer fixtures and finishes. Spanning nearly 4200 square feet with four exposures, this is a rare opportunity to own a turn-key private oasis on Park Avenue at an exceptional value.

From the moment you enter the private elevator vestibule and step into the grand living room, this apartment exudes an air of tranquility and comfortable elegance with beautiful natural light from oversized windows. Adjacent to the living room and separated by dramatic pocket doors is the corner mahogany-paneled corner library. The side-by-side rooms are flanked by gas fireplaces with gorgeous marble-carved mantels as their centerpieces. The spacious eat-in chef's kitchen is flooded with southern sunlight through three oversized window and features a stylish combination of custom wood and glass cabinetry and stone countertops, enviable pantry storage, banquette seating, center island with sink and breakfast bar, and Viking professional appliances including a large refrigerator and freezer, 6-burner vented stove with double ovens, two dishwashers, and wine refrigerator. The service elevator opens directly into the kitchen, assuring safe, easy and efficient home deliveries. Off the kitchen is a large media room or formal dining room with artfully built bookcases, flowing graciously into the living room. A magnificent private hall leads to four bedrooms, including the extraordinarily proportioned primary bedroom with five closets (including one walk-in), and a luxurious oversized windowed bathroom with double sinks and vanities, separate soaking tub, glass stall shower and bidet. The second bedroom has a marble bathroom ensuite, and the third and fourth bedrooms (one of which is a corner bedroom currently being used as a den/playroom) share a hall bathroom. There is an additional home office with a full ensuite bathroom. A powder room, in-unit laundry, abundant custom outfitted closet space, 7-zone central air, Crestron A/V system and Honeywell security system complete this special home.

823 Park Avenue is a prestigious white glove building built in 1912, restored and masterfully transformed in 2006 into a luxury 11-unit boutique condominium by architect Barry Rice. Carefully and creatively executed in harmony with the neighborhood, each residence was designed to maximize space, flow, functionality and privacy. Amenities include full service staff, live-in building manager, state-of-the-art health club and private storage.

Last Listed By

Lisa Larson

Sothebys International Realty License #10301208646 Listed on: 09/11/2020

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,376

Year Built

  • Built in 1910

HOA Fees

  • $7,951 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 4,184 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Utilities

  • Central Air

Community Details

  • 11 Units
  • Upper East Side Subdivision
  • 13-Story Property

Listing and Financial Details

  • Tax Block 01410

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,376

Year Built

Built in 1910

Lot Details

0

HOA Fees

$7,951 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 4184.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 7951.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 6000.0
  • Lot Size Dimensions: 60.0 x 100.0

Building Info

  • New Construction: No
  • Units: 11
  • Total Stories: 13
  • Year Built: 1910

Tax Info

  • Tax Block: 01410
  • Tax Annual: 47376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 8, 2020
Sold by
Corgan Kevin J and Leveille Corgan Ursula
Bought by
Fine Andrew and Fine Lee
Seller's Agent
Lisa Larson
Sothebys International Realty
List Price
$9,950,000
Sold Price
$9,775,000
Premium/Discount to List
-$175,000
-1.76%
Total Days on Market
49
Current Estimated Value
$5,851,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,923,552
Avg. Annual Appreciation
-10.80%
Original Mortgage
$6,353,750
Outstanding Balance
$5,721,510
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,938

Purchase Details

Closed on
Dec 31, 2007
Sold by
823 Park Avenue Llc
Bought by
Corgan Kevin J and Corgan Ursula Leveille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
6.21%
Source: Public Records

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Range of Values:

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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
Fine Andrew $9,775,000 --
Corgan Kevin J $11,500,000 --
Corgan Kevin J $11,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fine Andrew $6,353,750
Previous Owner Corgan Kevin J $981,517
Previous Owner Corgan Kevin J $3,450,000
Previous Owner Corgan Kevin J $6,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $9,775,000 -1.8% $2,336 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $9,950,000 -- $2,378 / 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
2024 $62,377 $498,939 $86,672 $412,267
2023 $49,526 $489,371 $86,672 $402,699
2022 $48,277 $512,510 $86,672 $425,838
2021 $54,083 $440,884 $86,672 $354,212
2020 $47,620 $491,535 $86,672 $404,863
2019 $45,755 $477,842 $86,672 $391,170
2018 $54,065 $468,654 $86,672 $381,982
2017 $50,891 $449,968 $86,673 $363,295
2016 $48,537 $450,453 $86,672 $363,781
2015 $18,465 $369,848 $86,672 $283,176
2014 $18,465 $386,454 $86,672 $299,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10887524

Real Estate Board of New York (REBNY)

APN: 1410-1305