NOT LISTED FOR SALE

Estimated Value: $1,317,000 - $1,458,000

1 Bed
1 Bath
850 Sq Ft
$1,193/mo HOA Fee

Last Sold February 12, 2020

Last sale price $1,275,000 $1,500 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,941/month

118 Days on Market

Highlights

  • City View
  • 3-minute walk to 14 Street (F Line)
  • Central Air
  • Sixth Avenue Elementary School Rated A
  • Balcony
  • 3-minute walk to Union Square Park

About This Home

As of February 2020

Welcome home to this spacious extra large one bedroom.

Currently configured as a convertible two bedroom, this home features a lavish master bedroom with a walk-in closet. The living room is wide and long, allowing a proper dining and entertaining area. From the living room, you will access your private balcony overlooking beautiful open city views of Fifth Avenue galore. The apartment faces East and gets tremendous light.

The kitchen was upgraded recently, and new floors were installed as well. Washer and Dryer complete the apartment for all your needs.

108 Fifth Ave is a prominent condo building, located right on the corner of 16th Street. Right around Union Square and Washington Square Park, this location can't be beaten! Shopping, eating and entertaining all at your fingertips.

Call today for your private viewing.

Last Agent to Sell the Property

Hila Peled

Compass License #10401234333 Listed on: 05/28/2019

Compass

Co-Listed By

Chelsea Hale

Compass License #10401314712

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,132

Year Built

  • Built in 1986

Lot Details

  • 5,837

HOA Fees

  • $1,193 Monthly HOA Fees

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 850 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • East Facing Home
  • Central Air

Community Details

  • Flatiron District Subdivision
  • 20-Story Property

Listing and Financial Details

  • Legal Lot and Block 7501 / 817

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,132

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,193 per month

Listing Details

  • Cross Street: East 15th Street/East 16th Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Flatiron District
  • Entry Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 850.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1193.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 20
  • Year Built: 1986

Tax Info

  • Tax Block: 817
  • Tax Lot: 7501
  • Tax Annual: 12132.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Feb 13, 2020
Sold by
Ching Pik Fai William and Yip Lai Ming
Bought by
Herman Philip K and Wu Cathy Yu
Seller's Agent
Hila Peled
Compass
List Price
$1,275,000
Sold Price
$1,275,000
Current Estimated Value
$1,392,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,101
Avg. Annual Appreciation
1.57%
Original Mortgage
$956,250
Outstanding Balance
$846,692
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$545,409

Purchase Details

Listed on
Oct 1, 2013
Closed on
Sep 26, 2013
Sold by
Lee Jung Elizabeth and Yang Jung Elizabeth
Bought by
Ching Pik Fai William and Yip Lai Ming
Sold Price
$3,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Yang Realty Llc
Bought by
Lee Jung Elizabeth and Yang Minyoung Domingo

Purchase Details

Closed on
Jan 1, 1996
Sold by
Lee Jung Elizabeth
Bought by
Yang Realty Llc
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
Herman Philip K $1,275,000 --
Ching Pik Fai William $1,200,000 --
Lee Jung Elizabeth -- --
Yang Realty Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Philip K $956,250
Previous Owner Ching Pik Fai William $791,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $1,275,000 0.0% $1,500 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $1,275,000 0.0% $1,500 / Sq Ft
09/28/2017 09/28/17 Rented -- -- --
08/29/2017 08/29/17 Under Contract -- -- --
03/27/2017 03/27/17 For Rent $4,675 +17.0% --
11/13/2013 11/13/13 Rented $3,995 0.0% --
10/14/2013 10/14/13 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $3,995 -- --
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 $16,068 $131,238 $17,000 $114,238
2024 $16,068 $128,527 $17,000 $111,527
2023 $12,999 $128,443 $17,000 $111,443
2022 $12,520 $124,040 $17,000 $107,040
2021 $15,555 $126,801 $17,000 $109,801
2020 $13,021 $139,240 $17,000 $122,240
2019 $12,805 $144,696 $17,000 $127,696
2018 $14,714 $128,949 $17,000 $111,949
2017 $13,929 $120,838 $17,000 $103,838
2016 $13,306 $116,516 $17,000 $99,516
2014 $6,883 $108,048 $17,000 $91,048
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10589802

Real Estate Board of New York (REBNY)

APN: 0817-1033