NOT LISTED FOR SALE

Estimated Value: $749,000 - $883,000

1 Bed
1 Bath
743 Sq Ft
$652/mo HOA Fee

Last Sold July 30, 2021

Last sale price $850,000 $1,144 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,854/month

20 Days on Market

Highlights

  • Community Garden
  • Entrance Foyer
  • Laundry Facilities
  • River School (The) Rated A
  • Garage
  • 3-minute walk to Vincent F Albano Jr Playground

About This Home

As of July 2021

Make this large and sunny one-bedroom your new home. Enjoy amazing south-facing unobstructed city skyline views from the oversized windows in the living and bedroom. The spacious open layout includes both living and dining room areas and is ideal for entertaining. The large kitchen has plenty of countertop space and lots of storage for all your cooking needs. The generously sized bedroom can accommodate a king-size bed and has floor-to-ceiling closets. The apartment additionally has ample closet space throughout, including a huge walk-in storage closet.

An oasis in the city, designed and constructed by the world-renowned architect I.M. Pei, Kips Bay Towers Condominium is made up of two towers with a three-acre private park between them (one of the largest in NYC). Each apartment has tall ceilings, ample living areas, and large windows providing natural light into every room.

Amenities include 24-hour doormen and first-rate staff, on-site management office and on-site superintendent, playground, full basketball court, on-site parking, a multi-purpose community room, gym with state of the art equipment at a reasonable annual membership rate, a package room open 7 days a week, laundry and dry cleaning service on-site, bike and locker storage, free grocery delivery via Avo. Additional details can be found on the building web site get all this with low common charges and low taxes!

Conveniently located near Hospitals, Trader Joe's, AMC theaters, Fairway, Target, Bed Bath & Beyond, and many other independent restaurants and shops. Close to 6 train, M15, and M34 buses, FDR access, tunnels, and east river ferry service.

*On-going capital assessment $143.20/mo.

Last Agent to Sell the Property

Christopher Pasquale

R New York License #10401346343 Listed on: 06/02/2021

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 1961

HOA Fees

  • $652 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 743 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • South Facing Home
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 7501 / 936

Community Details

Overview

  • Kips Bay Subdivision
  • 21-Story Property

Amenities

  • Community Garden
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,884

Year Built

Built in 1961

Lot Details

0

HOA Fees

$652 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 743.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 652.44
  • 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: 21
  • Year Built: 1961

Tax Info

  • Tax Block: 936
  • Tax Lot: 7501
  • Tax Annual: 7884.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 30, 2021
Sold by
Jacobs Jodie Lynn
Bought by
Lu Yining
Seller's Agent
Christopher Pasquale
R New York
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$810,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,318
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Aug 12, 2013
Sold by
Buirkle Elizabeth M and Buirkle Emily
Bought by
Jacobs Jodie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2012
Sold by
Smith Brian
Bought by
Buirkle Elizabeth M and Buirkle Emily
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Yining $850,000 --
Jacobs Jodie Lynn $710,000 --
Buirkle Elizabeth M $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobs Jodie Lynn $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $850,000 0.0% $1,144 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $850,000 -- $1,144 / 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 $11,200 $91,044 $17,510 $73,534
2024 $11,200 $89,583 $17,510 $72,073
2023 $8,995 $88,882 $17,510 $71,372
2022 $8,695 $90,114 $17,511 $72,603
2021 $9,790 $82,271 $17,511 $64,760
2020 $8,092 $91,123 $17,511 $73,612
2019 $7,705 $89,074 $17,511 $71,563
2018 $8,846 $78,143 $17,511 $60,632
2017 $8,695 $82,960 $17,511 $65,449
2016 $8,201 $68,562 $17,511 $51,051
2015 $4,664 $64,280 $17,511 $46,769
2014 $4,664 $64,179 $17,510 $46,669
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10723303

Real Estate Board of New York (REBNY)

APN: 0936-2221