NOT LISTED FOR SALE

Estimated Value: $592,000 - $743,000

-- Bed
1 Bath
600 Sq Ft
$445/mo HOA Fee

Last Sold December 06, 2021

Last sale price $690,000 $1,150 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,471/month

23 Days on Market

Highlights

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

About This Home

As of December 2021

Just listed!

Mint condition CONDO with spectacular city and river views.

This exquisite studio situated on the 20th floor features a wall of windows, gleaming new hardwood floors, tons of closets and storage space. The fully redone kitchen boasts new cabinets with quiet close doors, under cabinet lighting, stainless steel appliances (including a dishwasher and microwave), quartz countertop, and an elegant mosaic backsplash. The bathroom has also been completely renovated and features classic subway tiles with a lovely marble mosaic tile border.

Kips Bay Towers is a full-service 24 hour doorman condominium building designed by world renowned architect I.M. Pei. Amenities include a fitness center, bike storage, laundry facilities, parking garage and a beautifully landscaped private park with a basketball court and children's playground. Conveniently located steps to Fairway, Trader Joes, restaurants, shops and transportation.

Sorry, no dogs.

Last Agent to Sell the Property

Beau Nova

R New York License #30NO0897232 Listed on: 09/13/2021

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,614

Year Built

  • Built in 1961

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • Garage

Property Views

  • River

Home Design

  • 600 Sq Ft Home
  • Entry on the 20th floor

Additional Features

  • 1 Full Bathroom
  • North Facing Home

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

$5,614

Year Built

Built in 1961

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Entry Level: 20
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Living Area: 600.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 444.86
  • 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: 5614.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 6, 2021
Sold by
Cha Susie Hyunsoo
Bought by
Stefanik Andrew
Seller's Agent
Beau Nova
R New York
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$665,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,612
Avg. Annual Appreciation
-0.91%
Original Mortgage
$552,000
Outstanding Balance
$507,559
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,829

Purchase Details

Closed on
Sep 8, 2003
Sold by
Balnir Inc
Bought by
Cha Susie Hyunsoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1996
Sold by
Gifford Paula
Bought by
Balnir Inc
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
Stefanik Andrew $690,000 --
Cha Susie Hyunsoo $289,000 --
Balnir Inc $119,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefanik Andrew $552,000
Previous Owner Cha Susie Hyunsoo $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $690,000 0.0% $1,150 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $690,000 0.0% $1,150 / Sq Ft
12/28/2018 12/28/18 Rented -- -- --
11/28/2018 11/28/18 Under Contract -- -- --
11/12/2018 11/12/18 For Rent $2,400 -- --
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 $6,262 $50,903 $9,790 $41,113
2024 $6,262 $50,086 $9,790 $40,296
2023 $5,029 $49,695 $9,790 $39,905
2022 $5,893 $50,385 $9,791 $40,594
2021 $5,643 $45,999 $9,791 $36,208
2020 $5,608 $50,948 $9,791 $41,157
2019 $5,385 $49,803 $9,791 $40,012
2018 $5,110 $43,691 $9,791 $33,900
2017 $4,983 $46,384 $9,790 $36,594
2016 $4,755 $38,334 $9,791 $28,543
2015 $2,542 $35,940 $9,790 $26,150
2014 $2,542 $35,883 $9,790 $26,093
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10742491

Real Estate Board of New York (REBNY)

APN: 0936-3259