NOT LISTED FOR SALE

Estimated Value: $1,007,478

2 Beds
2 Baths
714 Sq Ft
$728/mo HOA Fee

Last Sold May 03, 2021

Last sale price $981,000 $1,374 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,961/month

696 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • Pre War Building
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • River View
  • 2-minute walk to Andrews Grove

About This Home

As of May 2021

The Zipper reflects your bold style. This premium 41-unit condominium residence resonates to the unmistakable rhythm of Long Island City. The neighborhoods historic past comes into focus here in the buildings thoughtful conversion from its life as former zipper factory.

The converted building preserves the character of its original early 20th century structure, fitted with luxurious finishes and amenities that represent modern craftsmanship at its best. Retaining the authentic brick exterior (with a sleek addition of glass embellishment at the top), its construction harkens back to New York City at the end of the Jazz Age. The Zippers conversion is a singular blend of historic and contemporary design, maintaining the original brick walls and wooden beams within the context of a striking present-day aesthetic.

The result is an elegant retrofit for your contemporary lifestyle, exceptionally located in the heart of Hunters Point.

The well-proportioned residences are available in studio to four bedroom layouts. All feature open floor plan living, highlighted by engineered wood flooring, ample ceiling heights and casement windows. Each intimate haven provides a respite from the bustling pace of urban life, elevated by an industrial color palette that ideally accommodates your individual taste level.

Stylish kitchens combine the clean lines of contemporary design with elegant functionality and classic details. Marble countertops and backsplash are complemented by the well-proportioned warm wood cabinetry, state-of-the-art ranges, high-end refrigerators and Miele dishwashers, along with Signature fixtures in a black matte finish.

Unwind in the spa-inspired master bathroom, gracefully designed with Carrera tiling, a bespoke wood vanity and matte black Signature fixtures. Secondary bathrooms are just as tranquil with porcelain tile flooring, beveled white subway tile walls and similar vanities and fixtures.

Every residence is equipped with a washer/dryer for your convenience.More than just a fine collection of charming residences, The Zipper is truly a community. The building offers a comprehensive suite of amenities crafted to fully complement your lifestyle.

The robust, state-of-the art fitness center will energize your workouts, complemented by a tranquil yoga terrace. Relax in the well-appointed lounge, with its plush ample seating, wet bar, and outdoor terrace a great spot to socialize or simply unwind. T

Last Agent to Sell the Property

Kenneth Lee

Modern Spaces License #10401270126 Listed on: 06/04/2019

Modern Spaces

Co-Listed By

Sophia Park

Modern Spaces License #10301204798

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,040

Year Built

  • Built in 1931

Lot Details

  • 0.31

HOA Fees

  • $728 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 714 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 9 / 30

Community Details

Overview

  • Long Island City Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,040

Year Built

Built in 1931

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • Cross Street: 5th Street/Vernon Boulevard
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 714.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 728.0
  • 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: 7
  • Year Built: 1931

Tax Info

  • Tax Block: 30
  • Tax Lot: 9
  • Tax Annual: 8040.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
May 3, 2021
Sold by
Circle F 533 48Th Llc
Bought by
Ilieva Irena and Kuschner Zacahry
Seller's Agent
Kenneth Lee
Modern Spaces
List Price
$981,000
Sold Price
$981,000
Current Estimated Value
$1,007,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,478
Avg. Annual Appreciation
0.33%
Original Mortgage
$49,050
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ilieva Irena $981,000 --
Ilieva Irena $981,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ilieva Irena $49,050
Previous Owner Circle F 533 48Th Llc $735,750
Previous Owner Circle F 533 48Th Llc $1,521,166
Previous Owner 533 48Th Avenue Condominium Llc $22,750,000
Previous Owner Circle F 533 48Th Llc $7,056,776
Previous Owner 533 48Th Avenue Condominium Llc $9,540,670
Previous Owner 533 48Th Avenue Condominium Llc $11,970,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $981,000 0.0% $1,374 / Sq Ft
09/11/2019 09/11/19 Off Market $981,000 -- --
06/06/2019 06/06/19 For Sale $981,000 -- $1,374 / 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 $8,920 $72,232 $6,218 $66,014
2024 $8,920 $71,348 $6,218 $65,130
2023 $8,464 $67,700 $6,120 $61,580
2022 $7,842 $71,178 $6,218 $64,960
2021 $7,449 $70,678 $6,218 $64,460
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10025644

Real Estate Board of New York (REBNY)

APN: 00030-1335