NOT LISTED FOR SALE

Estimated Value: $1,123,000 - $1,347,000

2 Beds
2 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold April 04, 2017

Last sale price $960,000

Est. 28% increase in value since last sale

Current estimated payment $6,975/month

Highlights

  • New Windows
  • Wheelchair Adaptable
  • 4-minute walk to Gantry Plaza State Park
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • North Facing Home

About This Home

As of September 2020

NO FEE 2BR/2BA IN PRIME LIC WATERFRONT

Discover modern luxury in the heart of Hunters Point. This beautiful 2-Bedroom 2-Bath home is now available at The Monarch, a boutique luxury condominium in the LIC waterfront neighborhood.

The apartment features oversized windows, plenty of natural light, hardwood floors, an open floor plan, new modern kitchen with stainless steel Bosch appliances, W/D in unit, and tasteful porcelain tiled bathrooms. Building amenities include a virtual doorman, fully equipped gym, Wi-Fi lounge, sun deck with BBQ grill, and secure bike storage is also available.

Located centrally to daily necessities, including a park just across the street, the Food Cellar gourmet supermarket, Duane Reade and CVS drugstores, a Kitchen Plus More hardware store, Waterfront parks with access to the East River Ferry. Only a short walk to the G, 7, E, or M train lines, 1 stop into midtown Manhattan.

Please inquire to schedule a showing. Private appointments only

Last Agent to Rent the Property

Chris Austad

Spire Group Inc License #10301213051 Listed on: 07/11/2020

Spire Group Inc

Co-Listed By

Shaun Anders

Douglas Elliman Real Estate License #10301210861

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,678

Year Built

  • 2016

Lot Details

  • 7,492

Home Design

  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • New Windows
  • Wheelchair Adaptable
  • North Facing Home
  • No Cooling

Community Details

  • Lngcty Subdivision

Listing and Financial Details

  • Property Available on 7/11/20
  • Tax Block 29

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,678

Year Built

2016

Lot Details

0

Rental Info

  • Lease Type: NonStabilizedLease
  • Available Date: 2020-07-11

Listing Details

  • Cross Street: 47th ave
  • Exposures: North
  • Bonus: No
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: LNGCTY
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2016

Interior Features

  • Appliances: Washer Dryer
  • Living Area Units: Square Feet
  • Accessibility Features: Unit Wheelchair Accessible
  • Floor Number: 3
  • Window Features: New Windows

Beds/Baths

  • Bathrooms Total: 2
  • Full Bathrooms: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Cooling: No

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • New Development: No
  • Roof Rights: No

Tax Info

  • Tax Block: 29
  • Building Tax Lot: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Apr 26, 2017
Sold by
47-05 5Th Street Llc
Bought by
Zhao Jianhan
Seller's Agent
Christina DeCurtis
Modern Spaces
List Price
$960,000
Sold Price
$960,000
Current Estimated Value
$1,231,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,159
Avg. Annual Appreciation
2.14%
Original Mortgage
$540,000
Outstanding Balance
$448,551
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$699,752
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
Zhao Jianhan $977,645 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Jianhan $15,949
Open Zhao Jianhan $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2020 09/20/20 Rented -- -- --
08/21/2020 08/21/20 Under Contract -- -- --
07/11/2020 07/11/20 For Rent $4,200 0.0% --
04/04/2017 04/04/17 Sold $960,000 0.0% $1,169 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $960,000 -- $1,169 / 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 $5,678 $103,560 $17,370 $86,190
2024 $5,678 $100,303 $17,370 $82,933
2023 $3,319 $97,417 $17,370 $80,047
2022 $1,080 $97,127 $17,370 $79,757
2021 $1,083 $98,231 $17,370 $80,861
2020 $1,101 $100,782 $17,370 $83,412
2019 $1,113 $98,629 $17,370 $81,259
2018 $1,123 $93,099 $12,419 $80,680
2017 $11,413 $89,731 $10,507 $79,224
2016 $0 $89,731 $10,507 $79,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10647117

Real Estate Board of New York (REBNY)

APN: 00029-1308