$531,000
SOLD AUG 15, 2019
-- Bed
1 Bath
301 Sq Ft
$423/mo HOA Fee

Recently Sold

$1,764 Per Sq Ft

3% Below List Price

97 Days on Market

Highlights

  • Pre War Building
  • P.S. 79 - Francis Lewis Rated A
  • South Facing Home

About This Home

As of August 2019

This is a rare opportunity to purchase a charming pre war studio condominium within the exclusive Gramercy Park enclave for only $545,900.

This sunny apartment checks all the boxes. Fabulous location, south facing onto the magical tree lined street, high ceilings, recessed lights, windowed bathroom, 2 closets and perfect for investment, pied-a-terre or starter home. At just north of 301 sf it has sweet potential to be even sweeter with some minor changes and upgrades.

151 East 20th Street, is an intimate 5 story, pre-war, non doorman, elevator condominium building (one of the few in the area!) that contains 24 residential units (one is owned by and generating income for the condominium association adding to building reserves) and the super lives in the next building. It is sensationally located between Irving Place and Third Avenue, in the most vibrant and exciting area of Manhattan; historic, beautiful, serene and stunning Gramercy Park. This is a quiet street surrounded by swanky hotels, affluence, quaint walk ups, new construction, posh restaurants, stores, food shopping, businesses, colleges, parks, and access to all the public transportation one could want.

Pets, parents, gifting, LLC, investors, co-purchase are all ok. The unit is occupied until July 2019 and can be rented out from day one after closiing. Current rents in the building have obtained up to $2600/month for similar units.

Super low monthlies: $422 common charge and $358.17 RE tax. This a smart and savvy find all around.

Last Agent to Sell the Property

Gaye Markson

Schulman Realty LLC License #10301222769 Listed on: 04/10/2019

Co-Listed By

Ami Schulman

Schulman Realty LLC License #10491205784

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1869

HOA Fees

  • $423 Monthly HOA Fees

Home Design

  • Pre War Building

Additional Features

  • 1 Full Bathroom
  • South Facing Home

Community Details

  • 24 Units
  • Gramercy Park Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 1114x

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,296

Year Built

Built in 1869

Lot Details

0

HOA Fees

$423 per month

Listing Details

  • Cross Street: GRAMERCY PARK SOUTH and 3 AVENUE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 423.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 24
  • Total Stories: 5
  • Year Built: 1869

Tax Info

  • Tax Block: 1114x
  • Tax Annual: 4296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 15, 2019
Sold by
Bergen Michael
Bought by
Sonia H Ny Llc
Seller's Agent
Gaye Markson
Schulman Realty LLC
List Price
$545,900
Sold Price
$531,000
Premium/Discount to List
-$14,900
-2.73%
Current Estimated Value
$598,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,243
Avg. Annual Appreciation
0.55%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bonavitto Janice and Plitch Phyllis
Bought by
Bergen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.16%
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 Type Sale Price Title Company
Deed $531,000 --
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,662 No Value Available
Previous Owner $216,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Rented -- -- --
01/06/2020 01/06/20 Under Contract -- -- --
12/20/2019 12/20/19 For Rent $2,850 0.0% --
08/15/2019 08/15/19 Sold $531,000 -2.7% $1,764 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $545,900 0.0% $1,814 / Sq Ft
08/22/2017 08/22/17 Rented -- -- --
07/23/2017 07/23/17 Under Contract -- -- --
07/19/2017 07/19/17 For Rent -- -- --
06/08/2016 06/08/16 Rented -- -- --
05/09/2016 05/09/16 Under Contract -- -- --
04/30/2016 04/30/16 For Rent -- -- --
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 $5,118 $42,096 $9,452 $32,644
2024 $5,118 $40,935 $9,452 $31,483
2023 $4,997 $40,736 $9,452 $31,284
2022 $4,941 $40,380 $9,452 $30,928
2021 $4,684 $38,181 $9,452 $28,729
2020 $4,951 $42,020 $9,452 $32,568
2019 $4,708 $42,291 $9,452 $32,839
2018 $4,335 $40,820 $9,453 $31,367
2017 $3,939 $36,931 $9,453 $27,478
2016 $3,666 $36,423 $9,452 $26,971
2015 $2,116 $30,234 $9,452 $20,782
2014 $2,116 $29,482 $9,788 $19,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10547984

Real Estate Board of New York (REBNY)

APN: 0876-1117