NOT LISTED FOR SALE

Estimated Value: $2,452,000 - $3,580,000

3 Beds
2.5 Baths
1,892 Sq Ft
$2,841/mo HOA Fee

Last Sold April 19, 2023

Last sale price $4,300,000 $2,273 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $24,218/month

105 Days on Market

Highlights

  • New Construction
  • P.S. 527 East Side School-Social Actio Rated A
  • 1-minute walk to 86 Street (4,5,6 Line)

About This Home

As of April 2023

Apartment 11A at 1289 Lexington offers three light-filled bedrooms, two-and-a-half bathrooms, and floor-to-ceiling windows. The loft-like great room has windows facing west and north, with open views and 10' ceilings. The kitchen and baths are outfitted with custom-made finishes by AD 100 design firm SheltonMindel. The kitchen features extraordinary custom walnut cabinetry, a full suite of Gaggenau appliances, and a venting stove hood. The baths are outfitted in slab and mosaic stones in a light, elegant palate, reminiscent of the best spas. Perfectly centered between two parks, and next to myriad forms of transportation, Apartment 11A is an oasis of quiet amid all the excitement that makes Manhattan so desirable. With a complete suite of onsite amenities and the service for which Zeckendorf buildings are renowned,

1289 Lexington is a perfect synthesis of good living and good value. 1289 Lexington is the newest addition to the Zeckendorf portfolio, joining such illustrious buildings as 520 Park Avenue, 18 Gramercy Park South, and 15 Central Park West. The new 18-story tower, designed by the esteemed HOK Architects, with custom interiors by Architectural Digest 100 Designer Lee Mindel of SheltonMindel, offers incredible spaces in which to live. The limestone-clad condominium provides grand proportions, oversized bay windows, soaring ceiling heights, and some of the best closet space in Manhattan.

Each of the 61 residences was thoughtfully designed for comfortable living. Primary bedroom suites include large walk-in closets and marble baths. Kitchens feature marble islands, custom walnut cabinetry and Gaggenau appliances, including gas cooktops with vented hoods. Each home includes a four-pipe heating and cooling system with Nest controls and private laundry with a vented dryer.

Amenities include a large and elegant lounge with a catering kitchen; a rooftop terrace with fireside seating, a kitchen with grill, and an outdoor shower; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier; a multimedia music room; a conference room with remote meeting capabilities; private tutoring/study pods; as well as free bicycle storage and private storage bins for sale.

1289 Lexington is positioned where the Upper East Side meets Carnegie Hill, with immediate access to the Lexington Avenue subway and multiple bus lines. Located between Central and Carl Schurz parks, this newly completed condominium is close to the Metropolitan, Guggenheim and Neue Galerie museums. Shopping at Whole Foods, Eli's and Grace's is just outside the door. Moreover, one can enjoy Uva, Caf Sabarsky, Sistina and myriad other great restaurants on a regular basis.

All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY.

Last Listed By

Jeff Stockwell

Brown Harris Stevens Residential Sales LLC License #10301204322 Listed on: 11/02/2022

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,568

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.32

HOA Fees

  • $2,841 Monthly HOA Fees

Home Design

  • 1,892 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 61 Units
  • Upper East Side Subdivision
  • 18-Story Property

Listing and Financial Details

  • Tax Block 01515

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,568

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,841 per month

Listing Details

  • Cross Street: Lexington Avenue & East 86th Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1892.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2841.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Units: 61
  • Total Stories: 18
  • Year Built: 2019

Tax Info

  • Tax Block: 01515
  • Tax Annual: 35568.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Apr 18, 2023
Sold by
86Lex Owner Llc
Bought by
Lorin Janet and Lorin Scott
Seller's Agent
Jeff Stockwell
Brown Harris Stevens Residential Sales LLC
List Price
$4,300,000
Sold Price
$4,300,000
Total Days on Market
105
Views
8
Current Estimated Value
$3,262,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,037,734
Avg. Annual Appreciation
-12.21%
Original Mortgage
$2,880,000
Outstanding Balance
$2,821,396
Interest Rate
6.42%
Mortgage Type
Unknown
Estimated Equity
$484,065

Range of Values:

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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
Lorin Janet $3,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorin Janet $2,880,000
Previous Owner Jpmorgan Chase Bank Na $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $4,300,000 0.0% $2,273 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $4,300,000 -- $2,273 / 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 $38,030 $304,192 $62,338 $210,029
2023 $36,062 $288,447 $41,630 $246,817
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10901903

Real Estate Board of New York (REBNY)

APN: 6201-0000-01515-000-0002136