NOT LISTED FOR SALE

Estimated Value: $816,687 - $1,086,000

1 Bed
1 Bath
752 Sq Ft
$746/mo HOA Fee

Last Sold October 02, 2023

Last sale price $975,000 $1,297 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,140/month

40 Days on Market

Highlights

  • Floor-to-Ceiling Windows
  • 1-minute walk to Vernon Boulevard-Jackson Avenue
  • Cathedral Ceiling
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • Skyline View
  • 1-minute walk to Old Hickory Playground

About This Home

As of October 2023

Welcome to this exquisite one-bedroom condominium in Long Island City, boasting breathtaking views of the iconic NYC skyline. Unit 4A at 1 Vernon Jackson offers 752 sqft of interior space, complemented by a 49 sqft balcony, providing the perfect backdrop for enjoying the city's splendor. Inside, the unit impresses with 11' 2" ceilings, creating an open and luxurious loft-like ambiance. The kitchen features high-end Jenn-Air appliances, a Liebherr refrigerator, and a spacious granite countertop, making it a chef's dream. Additional highlights include solid walnut hardwood flooring, floor-to-ceiling windows, acid-etch movable interior glass walls, and a deep-soaking tub. An ASKO washer/dryer, and nest thermostat system add modern convenience to the unit. 1 Vernon Jackson offers the closest proximity to the 7-train, just one stop away from Grand Central, making commuting a breeze. The vibrant neighborhood is filled with restaurants, bars, shops, and the East River Ferry, providing endless entertainment options. With seamless access to Manhattan and stunning views, this contemporary boutique building features a full-time doorman and a 24-hour gym, adding to the overall allure. Combining comfort, convenience, and captivating views, this exceptional apartment is truly a dream home in the heart of Long Island City. Enjoy the convenience of a 421-a tax abatement in place until June 30th, 2027.

Last Listed By

Zhiqi Wang

Voro LLC License #10401373597 Listed on: 07/19/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 2010

Lot Details

  • No Common Walls

HOA Fees

  • $746 Monthly HOA Fees

Interior Spaces

  • 752 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Floor-to-Ceiling Windows
  • Wood Flooring
  • Skyline Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Ps/Is 78 Elementary School
  • Is 204 Oliver W Holmes Middle School
  • Long Island City High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 1013 / 41
  • Assessor Parcel Number 00041-1013

Community Details

Overview

  • Association fees include ground maintenance, exterior maintenance, trash
  • Mid-Rise Condominium
  • Condo

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,817

Year Built

Built in 2010

Lot Details

0

HOA Fees

$746 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Mid-Rise
  • Property SubType: Condominium
  • Levels: Three Or More
  • Year Built: 2010
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Times Square Development
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Elevator, Floor to Ceiling Windows, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: A/C Units,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Entry Level: 1
  • Total Bedrooms: 1
  • Living Area: 752
  • AtticDescription: None
  • SquareFootage: 752.00
  • SquareFootageSource: Floor Plan

Exterior Features

  • Construction Materials: Other
  • View: City, Open, Skyline
  • View YN: Yes
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Parking Description: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Exterior Maintenance, Trash
  • Association Fee: 746
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • DevelopmentName: Times Square Development

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Is 204 Oliver W Holmes

Lot Info

  • Parcel Number: 00041-1013
  • Property Attached: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: Dogs OK, Cats OK

Tax Info

  • Tax Annual Amount: 1817
  • Tax Block: 41
  • Tax Lot: 1013
  • Tax Map Number: 00041-1013

MLS Schools

  • Elementary School: Ps/Is 78
  • High School: Long Island City High School
  • Middle School District: Queens 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 2, 2023
Sold by
Wang Yan
Bought by
Chen Tina Lixin and Santamaura Alexander James
Seller's Agent
Zhiqi Wang
Voro LLC
Buyer's Agent
Yimin Ge
Compass
List Price
$945,000
Sold Price
$975,000
Premium/Discount to List
$30,000
3.17%
Total Days on Market
40
Views
103
Current Estimated Value
$922,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,078
Avg. Annual Appreciation
-4.91%
Original Mortgage
$780,000
Outstanding Balance
$769,673
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,690

Purchase Details

Listed on
Feb 20, 2018
Closed on
Sep 28, 2018
Sold by
Brennan Michael Patrick
Bought by
Wang Yan
Seller's Agent
Jonna Stark
Brown Harris Stevens Queens LLC
List Price
$965,000
Sold Price
$870,000
Premium/Discount to List
-$95,000
-9.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$693,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2012
Sold by
Vernon Jackson Development Llc
Bought by
Brennan Michael Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Range of Values:

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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 Tina Lixin $975,000 --
Wang Yan $867,000 --
Brennan Michael Patrick $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tina Lixin $780,000
Previous Owner Wang Yan $9,930
Previous Owner Wang Yan $693,600
Previous Owner Brennan Michael Patrick $672,082
Previous Owner Brennan Michael Patrick $579,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $975,000 +3.2% $1,297 / Sq Ft
07/21/2023 07/21/23 For Sale $945,000 +8.6% $1,257 / Sq Ft
10/22/2018 10/22/18 Sold $870,000 -9.8% $1,157 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $965,000 -- $1,283 / Sq Ft
Source: OneKey® MLS

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
2024 $2,920 $48,554 $16,157 $32,397
2023 $1,852 $47,836 $16,157 $31,679
2022 $805 $45,078 $16,157 $28,921
2021 $805 $44,857 $16,157 $28,700
2020 $818 $48,333 $16,157 $32,176
2019 $827 $49,354 $16,157 $33,197
2018 $834 $38,147 $16,164 $21,983
2017 $835 $36,951 $16,338 $20,613
2016 $846 $36,951 $16,338 $20,613
2015 $661 $38,054 $17,888 $20,166
2014 $661 $37,415 $17,065 $20,350
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY3492307

OneKey® MLS

APN: 00041-1013