NOT LISTED FOR SALE

Estimated Value: $818,000 - $1,071,000

1 Bed
1 Bath
742 Sq Ft
$702/mo HOA Fee

Last Sold April 30, 2021

Last sale price $845,000 $1,139 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,163/month

Highlights

  • New Construction
  • 1-minute walk to Queensboro Plaza
  • Entrance Foyer
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Rooftop Deck
  • 4-minute walk to Dutch Kills Green

About This Home

As of April 2021

TCO & 421-a TAX ABATEMENT NOW IN PLACE!

IMMEDIATE CLOSINGS

A brand new condo graced with sleek finishes and a layout that maximizes space and natural light, this stunning 1-bedroom, 1-bathroom home strikes the perfect balance between tastefulness and efficiency. Features of this 742 sq. ft. apartment include gorgeous white oak flooring, huge windows with southern exposure, and a convenient in-home washer/dryer.

Beyond an elegant entryway foyer adorned with a coat closet, the home flows into a luminous, open-concept living room, dining room, and kitchen. The living space has separate living and dining space, while the kitchen is equipped with custom MLAM cabinetry, Caesarstone quartz countertops, and a suite of fully-integrated appliances from Liebherr and Blomberg. The bedroom has a large reach-in closet and easy access to a pristine full bathroom with polished nickel fixtures, a floating vanity, and Stone Source floor.

A collaboration between Silverback Development and Woods Bagot, Hero, is a full service building with attended lobby, and offers residents 15,000 sq ft of thoughtful amenities. These include an incredible rooftop deck with BBQ grills along with an integrated sky lounge and breathtaking city views, a state-of-the-art wellness center, a yoga studio with a 3,000 sq ft veranda featuring dramatic 30-ft ceilings, a multipurpose dining space, a package room, bicycle storage, a relaxing lounge, a pet spa, and a Zen garden. The building is surrounded by restaurants, cafes, bars, and shops with easy access to the stunning Long Island City waterfront. The 7/N/W/R/E/M/G subway lines are just seconds away and multiple Citi Bike locations surround the building.

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD19-0042.

Last Agent to Sell the Property

Jennifer Alese

Serhant License #10301216454 Listed on: 03/16/2021

Serhant

Co-Listed By

Xiao Rui Lin

Nest Seekers LLC License #10401244306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 2.45

HOA Fees

  • $702 Monthly HOA Fees

Interior Spaces

  • 742 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 424

Community Details

Overview

  • Court Square Subdivision
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,896

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$702 per month

Listing Details

  • Cross Street: 24th Street/Crescent Street
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Court Square
  • Entry Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 742.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden, 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: 702.0
  • 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: 23
  • Year Built: 2019

Tax Info

  • Tax Block: 424
  • Tax Lot: 7501
  • Tax Annual: 1896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 30, 2021
Sold by
P8/Silverback 24-16 Qps Owner Llc
Bought by
Khambati Khozema and Khambati Shamim
Seller's Agent
Jennifer Alese
Serhant
List Price
$845,000
Sold Price
$845,000
Current Estimated Value
$963,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,187
Avg. Annual Appreciation
3.43%
Original Mortgage
$633,750
Outstanding Balance
$575,905
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$399,521
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
Khambati Khozema $845,000 --
Khambati Khozema $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khambati Khozema $633,750
Closed Khambati Khozema $633,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $845,000 0.0% $1,139 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $845,000 -- $1,139 / 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 $1,705 $105,382 $7,786 $97,596
2024 $1,705 $101,506 $7,268 $94,238
2023 $1,705 $100,431 $6,749 $93,682
2022 $1,668 $99,586 $7,786 $91,800
2021 $1,672 $94,965 $7,786 $87,179
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10705545

Real Estate Board of New York (REBNY)

APN: 00424-1029