NOT LISTED FOR SALE

Estimated Value: $5,260,000 - $6,901,000

5 Beds
5.5 Baths
3,277 Sq Ft
$4,325/mo HOA Fee

Last Sold May 02, 2019

Last sale price $9,116,938 $2,782 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $41,395/month

Highlights

  • New Construction
  • 2-minute walk to 79 Street (1,2 Line)
  • City View
  • P.S. 9 Sarah Anderson Rated A
  • Rooftop Deck
  • 4-minute walk to Riverside Park

About This Home

As of May 2019

Designed by Robert A.M. Stern Architects and developed by Alchemy Properties, Two Fifty West 81st is inspired by the heritage of the grand pre-war apartment buildings on the Upper West Side. The elegant and classical silhouette is punctuated by setbacks and decorative window openings and is finished in limestone and warm, handmade, grey brick and articulated frieze details. The signature oval lobby will be attended, and the building will be fully staffed. In a boutique collection of 31 apartments, residents will have the benefits of personal attention combined with the amenities of a much larger building.

The amenity collection engages the senses, body, and mind. A multi-purpose Sports Court is ideal for daily fun or informal entertaining. An imagination forest thrives in the colorful Children?s Playroom. The Fitness Center is outfitted with Technogym and Peloton equipment. The Golf Simulator Room offers a place to tee off. The rooftop Sky Terrace, with its impressive vistas, is the perfect place for open air dining. The Music Recording and Practice Studio includes a selection of state-of-the-art instruments, a mixing board, and a sound booth. The Library Lounge is a sophisticated retreat appointed with a charming terrace, a curated book selection, and a catering pantry.

The complete offering terms are in an offering plan available from the Sponsor. File No. CD17-0047.

Last Agent to Sell the Property

Timothy McCarthy

Alchemy Properties Inc License #10401208388 Listed on: 03/08/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $58,884

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,884

HOA Fees

  • $4,325 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 3,277 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 57 / 1228

Community Details

Overview

  • Upper West Side Subdivision
  • 18-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$58,884

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$4,325 per month

Listing Details

  • Cross Street: West End Avenue/Broadway
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper West Side
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 3277.0
  • Living Area Units: Square Feet
  • Rooms (Total): 7

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

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: 4325.0
  • 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: Yes
  • Total Stories: 18
  • Year Built: 2019

Tax Info

  • Tax Block: 1228
  • Tax Lot: 57
  • Tax Annual: 58884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 2, 2019
Sold by
2255 Broadway Property Owner Llc
Bought by
Joseph Peter and Scheuer Elizabeth
Seller's Agent
Timothy McCarthy
Alchemy Properties Inc
List Price
$9,116,938
Sold Price
$9,116,938
Current Estimated Value
$6,058,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,058,151
Avg. Annual Appreciation
-6.12%
Original Mortgage
$7,160,000
Outstanding Balance
$6,295,089
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$236,302
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
Joseph Peter $9,116,938 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Peter $7,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $9,116,938 0.0% $2,782 / Sq Ft
03/08/2018 03/08/18 For Sale $9,116,938 -- $2,782 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
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 $60,498 $492,586 $147,312 $345,274
2024 $60,498 $483,903 $147,312 $336,591
2023 $59,700 $477,524 $147,312 $330,212
2022 $52,899 $449,712 $147,312 $302,400
2021 $48,269 $449,712 $147,312 $302,400
2020 $46,669 $497,884 $147,312 $350,572
2019 $29,874 $429,032 $147,312 $281,720
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10440774

Real Estate Board of New York (REBNY)

APN: 1228-1419