NOT LISTED FOR SALE

Estimated Value: $2,280,000 - $3,809,093

4 Beds
4.5 Baths
2,385 Sq Ft
$2,333/mo HOA Fee

Last Sold January 08, 2020

Last sale price $2,087,412 $875 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $20,475/month

223 Days on Market

Highlights

  • River View
  • Entrance Foyer
  • 1-minute walk to South Cove Park
  • Battery Park City School Rated A
  • Garage

About This Home

As of January 2020

Rare opportunity to purchase a nearly 2,400 square foot four bedroom, four and a half bathroom in a full-service building at $1048 per square foot.

This F line corner residence at the Millennium Tower Residences, is the consummate family residence: four en-suite bedrooms, an additional guest bath, an oversized corner living room, a large, chef's kitchen with ample storage space, a separate dining area, and tons of closet space, in addition to unparalleled amenities in the building.

Enter into the home and be greeted by the floor-to-ceiling glass that surrounds the corner living room, with southern and eastern exposures, and views of Battery Park and the Hudson River. The ceilings are 9' throughout and the home is finished with Brazilian cherry hardwood floors in the common spaces.

The kitchen is equipped with a SubZero refrigerator, a Viking range, Miele dishwasher and a wine cooler, with gracious cabinetry and counter space. The master bedroom is in its own separate wing, exposing south, and includes three closets (one walk-in closet) and a five-piece en-suite master bath.

In the northern wing of the home, three en-suite guests' or children's bedrooms complete the home. Also in this end of the home is the powder room, ample storage, and a vented washer/dryer.

This sprawling modern home is a terrific investment property as well, given low entry price, high rentability, and ability for long-term appreciation.

Millennium Tower is the first green condominium in Manhattan, with the lowest common charges in the neighborhood and amenities including a full time doorman, live-in super and concierge, fitness center, resident's lounge, children's play room, bicycle storage, and valet parking. The neighborhood surrounding the building has completely transformed in recent years, and is now home to a cavalcade of world-class restaurants, shopping and culture. Just out the front door is access to the waterfront and Hudson River Greenway. Transportation options abound, including easy access to the 1/R/W/4/5 trains, the West Side Highway, and the FDR Drive. Savvy buyers and investors, move fast!

Last Agent to Sell the Property

Sonia Rehani

R New York License #30RE1167529 Listed on: 04/01/2016

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,452

Year Built

  • Built in 2006

HOA Fees

  • $2,333 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,385 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Community Details

  • Battery Park City Subdivision
  • 35-Story Property

Listing and Financial Details

  • Legal Lot and Block 7514 / 16

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,452

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,333 per month

Listing Details

  • Cross Street: First Place/Second Place
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Battery Park City
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 35

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 2385.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 4

Exterior Features

  • View: River
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2333.0
  • 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: 35
  • Year Built: 2006

Tax Info

  • Tax Block: 16
  • Tax Lot: 7514
  • Tax Annual: 37452.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Dec 17, 2019
Sold by
Kaushik Vekrum
Bought by
Chen Wen and Song Wang Albert
Seller's Agent
Sonia Rehani
R New York
List Price
$2,087,412
Sold Price
$2,087,412
Current Estimated Value
$2,907,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,111
Avg. Annual Appreciation
5.69%
Original Mortgage
$1,640,000
Outstanding Balance
$1,448,721
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,458,802

Purchase Details

Closed on
Mar 11, 2013
Sold by
Kaushik Ena and Kaushik Isha
Bought by
Kaushik Vekrum
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Wen $2,087,412 --
Kaushik Vekrum -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wen $1,640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $2,087,412 0.0% $875 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $2,087,412 -- $875 / 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 -- $342,145 $28,424 $313,721
2024 -- $334,464 $28,424 $306,040
2023 $0 $330,537 $28,424 $302,113
2022 $0 $326,009 $28,424 $297,585
2021 $0 $309,437 $28,424 $281,013
2020 $0 $342,583 $28,424 $314,159
2019 $0 $334,881 $28,424 $306,457
2018 $0 $332,596 $28,424 $304,172
2017 $0 $331,349 $28,424 $302,925
2016 $0 $328,183 $28,424 $299,759
2015 -- $275,030 $28,424 $246,606
2014 -- $278,725 $28,424 $250,301
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10580367

Real Estate Board of New York (REBNY)

APN: 0016-1419