NOT LISTED FOR SALE

Murray Hill Terrace Condominiums New York, NY 10016

Murray Hill Neighborhood

Estimated Value: $1,103,832

2 Beds
1.5 Baths
1,129 Sq Ft
1966 Built

Last Sold February 25, 2022

Last sale price $998,000 $884 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,736/month

914 Days on Market

Highlights

  • Entrance Foyer
  • Central Air
  • 4-minute walk to St. Vartan Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • Laundry Facilities

About This Home

As of February 2022

Welcome to this large, split 2-Bedroom, 1.5 Bath home in excellent condition! A full second bath is possible - ask me how! Spacious floorplan and flexibility to carve out home office space, makes this the perfect option for those who work from home or need a 3rd sleeping area. The bright, windowed kitchen is recently renovated in a stylish white palette with stainless appliances, slate floors and quartz counter tops. There is even a dedicated windowed dining room that can also be used as a work space. Great closets and abundant light. The Murray Hill Terrace is in the heart of Murray Hill with easy access out of the city and anywhere within the city, via multiple transportation options. Restaurants, nightlife, Trader Joe's and so many amenities right outside your doorstep! Pets under 40lbs allowed. Some photos have been virtually staged.

Last Agent to Sell the Property

Lorraine Ding

Akam Sales & Brokerage Inc License #30DI0948423 Listed on: 10/16/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,536

Year Built

  • Built in 1966

HOA Fees

  • $1,369 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 1,129 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 917

Community Details

Overview

  • Murray Hill Subdivision
  • 19-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,536

Year Built

Built in 1966

Lot Details

0 Sq Ft Lot

HOA Fees

$1,369 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Murray Hill
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 1129.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1368.7
  • 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: 19
  • Year Built: 1966

Tax Info

  • Tax Block: 917
  • Tax Lot: 7501
  • Tax Annual: 19536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Feb 25, 2022
Sold by
Palma Erik
Bought by
Pan Audrey Ling Lee
Seller's Agent
Lorraine Ding
Akam Sales & Brokerage Inc
Sold Price
$998,000
Current Estimated Value
$1,103,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,832
Avg. Annual Appreciation
2.51%
Original Mortgage
$500,000
Outstanding Balance
$465,934
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$637,898

Purchase Details

Closed on
Jan 12, 2016
Sold by
Erik Palma Administrator and Estate Of Kerstin Palma
Bought by
Palma Erik

Purchase Details

Closed on
Apr 27, 1995
Sold by
Palma James
Bought by
Palma Kerstin Johansson and Palma Michael
Source: Public Records
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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
Pan Audrey Ling Lee $998,000 --
Pan Audrey Ling Lee $998,000 --
Palma Erik -- --
Palma Erik -- --
Palma Kerstin Johansson $177,000 First American Title Ins Co
Palma Kerstin Johansson -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Audrey Ling Lee $500,000
Closed Pan Audrey Ling Lee $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $998,000 0.0% $884 / Sq Ft
12/07/2021 12/07/21 For Sale -- -- --
01/07/2020 01/07/20 Rented -- -- --
12/08/2019 12/08/19 Under Contract -- -- --
11/05/2019 11/05/19 Off Market $998,000 -- --
06/06/2019 06/06/19 For Sale $998,000 0.0% $884 / Sq Ft
01/27/2016 01/27/16 For Rent $4,995 -- --
Source: Real Estate Board of New York (REBNY)

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 $19,485 $159,297 $7,647 $151,650
2024 $19,485 $155,852 $7,647 $148,205
2023 $17,103 $168,995 $7,647 $161,348
2022 $19,390 $185,357 $7,647 $177,710
2021 $19,217 $175,709 $7,647 $168,062
2020 $20,807 $194,965 $7,647 $187,318
2019 $19,495 $201,278 $7,647 $193,631
2018 $18,904 $191,161 $7,647 $183,514
2017 $18,484 $172,088 $7,647 $164,441
2016 $17,331 $166,141 $7,647 $158,494
2015 $3,896 $162,214 $7,647 $154,567
2014 $3,896 $152,744 $7,647 $145,097
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Ding

    Seller's Agent in 2022

    Lorraine Ding

    Akam Sales & Brokerage Inc

    (917) 841-0223

    6 in this area

    20 Total Sales

    Lorraine Ding
    Section Image
  • Tanya Kolesnik

    Seller's Agent in 2020

    Tanya Kolesnik

    Compass

    (646) 696-1395

    1 in this area

    21 Total Sales

    Tanya Kolesnik
    Section Image
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About Murray Hill Terrace Condominiums

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10762568

Real Estate Board of New York (REBNY)

APN: 0917-1064

New York New York County New York 10016

Murray Hill

Not Listed for Sale

Condos

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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