NOT LISTED FOR SALE

The Sycamore New York, NY 10016

Kips Bay Neighborhood

Estimated Value: $684,000 - $823,425

1 Bed
1 Bath
641 Sq Ft
$1,061/mo HOA Fee

Last Sold April 15, 2021

Last sale price $750,000 $1,170 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,531/month

4,133 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Laundry Facilities
  • P.S. 116 Mary Lindley Murray Rated A-
  • Central Air
  • 1-minute walk to Vincent F Albano Jr Playground

About This Home

As of April 2021

Welcome home to your spacious one bedroom condo with stunning Empire State building views in a boutique condo in prime Kips Bay. This sun-flooded apartment features a gourmet pass-thru kitchen, maple cabinets, granite counters, and GE stainless steel appliances. The marble bathroom comes complete with porcelain tile flooring. The apartment boasts beautiful hardwood floors and high loft-like ceilings. The living room has oversized floor-to-ceiling corner windows with dramatic views to the West and South. There are laundry rooms on each floor.

Built in 2003, this white-glove condo provides 24-hour doorman/concierge service, a fitness room, residents lounge, and an expansive landscaped roof garden with open cityscape views. The building is just steps from AMC Movie Theatres, Fairway Supermarket and Trader Joe's. Neighborhood favorite restaurants include Penelope, Waterfront Alehouse, and Banc Cafe. For those high fashion minded, Dover Street Market is just two short blocks away.

Last Agent to Sell the Property

Lawrence Lee

The Agency Brokerage License #10301205544 Listed on: 09/16/2020

The Agency Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,853

Year Built

  • Built in 2003

HOA Fees

  • $1,061 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 641 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 910

Community Details

Overview

  • Kips Bay Subdivision
  • 15-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,853

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,061 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 641.0
  • 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: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1061.0
  • 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: 15
  • Year Built: 2003

Tax Info

  • Tax Block: 910
  • Tax Lot: 7501
  • Tax Annual: 11853.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Apr 15, 2021
Sold by
Varadarajan Prasanna
Bought by
Shin Gyu Ri and Shin Seok Jae
Seller's Agent
Lawrence Lee
The Agency Brokerage
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$757,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,606
Avg. Annual Appreciation
0.22%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Hayes Pamela M
Bought by
Varadarajan Prasanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,875
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
250 East 30Th Street Owners Llc
Bought by
Hayes Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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
Shin Gyu Ri $750,000 --
Varadarajan Prasanna $671,250 --
Hayes Pamela $527,504 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varadarajan Prasanna $469,875
Previous Owner Hayes Pamela $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $750,000 0.0% $1,170 / Sq Ft
12/03/2009 12/03/09 For Sale $750,000 -- $1,170 / 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 $17,444 $155,227 $10,045 $145,182
2024 $17,444 $139,528 $10,045 $129,483
2023 $15,311 $124,814 $10,045 $114,769
2022 $14,801 $126,644 $10,045 $116,599
2021 $14,109 $115,018 $10,045 $104,973
2020 $11,853 $128,428 $10,045 $118,383
2019 $11,438 $121,055 $10,045 $111,010
2018 $13,053 $113,708 $10,045 $103,663
2017 $12,729 $112,260 $10,045 $102,215
2016 $12,858 $130,023 $10,045 $119,978
2015 $5,460 $102,150 $10,045 $92,105
2014 $5,460 $96,187 $10,045 $86,142
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lawrence Lee

    The Agency Brokerage

    (917) 804-3385

    1 in this area

    8 Total Sales

    Lawrence Lee
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About The Sycamore

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10667844

Real Estate Board of New York (REBNY)

APN: 0910-1066

New York New York County New York 10016

Kips Bay

This home since 16 September 2020 and is currently estimated at $757,606, approximately $1,181 per square foot. This property was built in 2003. This home is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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