NOT LISTED FOR SALE

Estimated Value: $2,952,000 - $4,340,000

2 Beds
2.5 Baths
1,830 Sq Ft
$2,999/mo HOA Fee

Last Sold June 27, 2019

Last sale price $3,600,000 $1,967 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $25,849/month

320 Days on Market

Highlights

  • City View
  • 5-minute walk to 86 Street (4,5,6 Line)
  • Cooling Available
  • P.S. 6 Lillie D. Blake Rated A
  • Pre War Building
  • 1-minute walk to Ancient Playground

About This Home

As of June 2019

JUST REDUCED this triple mint 2 bedroom, 2.5 bath prewar home in this premier white glove full service condominium. A foyer leads you to spacious living room perfect for entertaining. Off the living room you will find a large formal dining room with pocket doors. The windowed kitchen has granite counters and floors, Subzero refrigerator, a wine cooler and full size washer/dryer. This apartment features coffered ceilings, rosewood floors in herringbone pattern and built-ins with the finest craftsmanship. Sonos speakers installed in wall/ceiling in the living room, dining room and bedrooms. 1049 Fifth is located on Museum Mile and across the street from Central Park. Conveniently located to the Neue Galerie, the Metropolitan Museum of Art, fine dining and an Equinox gym.There is cold storage for deliveries. Pet friendly. 2% Flip tax paid by buyer. $998.09 Assessment until August 2020 for Local Law 11

Last Listed By

Julia Cahill

Corcoran Group License #30CA0809727 Listed on: 07/11/2018

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,900

Year Built

  • Built in 1928

HOA Fees

  • $2,999 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,830 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available

Listing and Financial Details

  • Tax Block 1497

Community Details

Overview

  • 66 Units
  • Upper East Side Subdivision
  • 22-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,900

Year Built

Built in 1928

Lot Details

0

HOA Fees

$2,999 per month

Listing Details

  • Cross Street: 5 AVENUE and MADISON AVENUE
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 22

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Living Area: 1830.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2999.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 102.0 x 100.0

Building Info

  • New Construction: No
  • Units: 66
  • Total Stories: 22
  • Year Built: 1928

Tax Info

  • Tax Block: 1497
  • Tax Annual: 30900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2020
Sold by
Salame Melissa Cleveland and Salame Roy Joseph
Bought by
Melissa C Salame As Trustee and Roy Joseph Salame As Trustee
Total Days on Market
320
Current Estimated Value
$3,436,384

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jun 27, 2019
Sold by
Bland Simon E
Bought by
Salame Melissa Cleveland and Salame Roy Joseph
Seller's Agent
Julia Cahill
Corcoran Group
List Price
$5,250,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,650,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$2,700,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2009
Sold by
Cummings James B
Bought by
Bland Simon E

Purchase Details

Closed on
Jul 16, 2007
Sold by
Cummings Jane Leslie
Bought by
Cummings James B

Purchase Details

Closed on
Oct 10, 2002
Sold by
Rpm Real Estate Llc
Bought by
Iovino Thomas

Purchase Details

Closed on
Aug 15, 2000
Sold by
Mark Rebecca P
Bought by
Rpm Real Estate Llc

Purchase Details

Closed on
Nov 15, 1995
Sold by
Adamsvest Associates
Bought by
Mark Rebecca P and Wright Kathryn A

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
Melissa C Salame As Trustee -- --
Salame Melissa Cleveland $3,600,000 --
Bland Simon E $2,900,000 --
Cummings James B -- --
Iovino Thomas -- --
Rpm Real Estate Llc -- Chicago Title Insurance Co
Mark Rebecca P $3,920,687 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salame Melissa Cleveland $2,700,000
Previous Owner Bland Simon E $600,000
Previous Owner Iovino Thomas $1,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $3,600,000 -31.4% $1,967 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
07/11/2018 07/11/18 For Sale $5,250,000 -- $2,869 / 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
2024 $44,041 $352,271 $67,918 $284,353
2023 $42,488 $346,359 $67,918 $278,441
2022 $41,951 $346,376 $67,918 $278,458
2021 $40,886 $333,298 $67,918 $265,380
2020 $36,999 $369,243 $67,918 $301,325
2019 $32,421 $360,921 $67,918 $293,003
2018 $38,634 $345,613 $67,918 $277,695
2017 $36,218 $334,205 $67,918 $266,287
2016 $36,339 $315,990 $67,918 $248,072
2015 $12,801 $302,148 $67,918 $234,230
2014 $12,801 $287,811 $67,918 $219,893
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10415605

Real Estate Board of New York (REBNY)

APN: 1497-1087