NOT LISTED FOR SALE

Estimated Value: $1,321,000 - $1,404,974

1 Bed
2 Baths
999 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $1,430,000 $1,431 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,508/month

About This Home

As of August 2019

Located at the heart of New York City sits Midtown's most sought-after condominium building. A stunning 43 story luxury apartment building, voted the Best New Condominium in 2008, The Platinum has set the gold standard for luxury City-living. Its unparalleled amenities, white glove service and convenience of being in the absolute heart of the Theater District and steps from Times Square, make this building a true gem.

In a building full of premium residences, Residence 2502, a 1 bedroom 1.5-bathroom home, truly stands out as a corner unit with maximum window exposure, featuring floor to ceiling windows along the entire western facing wall and portions of the southern facing wall. With hardwood flooring throughout the unit, the spacious living and dining room area is perfect for entertaining guests, as the apartment looks out onto glorious views of Manhattan.

Where better to make a gourmet meal then the state-of-the-art, high-end kitchen which contains the very latest modern fixtures, from

Thermador appliances, to stone counters, and a 24-bottle Marvel wine cooler. Wake up to beautiful Manhattan views in the stunning master bedroom suite, which is more than spacious enough to easily accommodate a king size bed. This room is truly an oasis; Relax in your spa like en-suite master bathroom, complete with postmodern designed sinks, Kraus Oletto stainless steel faucets, Dornbracht fixtures, a stand-alone tub and a separate shower; the bedroom also contains a walk-in closet to hold your entire wardrobe. This unit also has extraordinary storage throughout and includes a Bosch washer and dryer. Heating and cooling is provided by state-of-the-art vertical heat pump in multiple zones.

Living at The Pallidum is truly a five-star experience. A subtle level of sophistication in terms of amenities means that residents can explore and enjoy some fantastic recreational activities. A 24-hour concierge and doorman service offers security and convenience, while indoor parking is a rare treat in the urban jungle of Manhattan. A state-of-the-art fitness center, golf simulation room and yoga studio offer many recreational opportunities. A lounge and entertainment space, coupled with stunning views and an outdoor terrace, complete the set of amazing amenities.

The Platinum is one of Manhattans premier residences. It is upscale living in the middle of chaos, and truly one of a kind.

**Call/Email for an appointment today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Aug 6, 2019
Sold by
Lee Jason and % : Heiberger & Associates Pc
Bought by
Zhou Erzhi
Seller's Agent
Nicholas Oliver
HomeDax Real Estate LLC
List Price
$1,430,000
Sold Price
$1,430,000
Current Estimated Value
$1,371,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,506
Avg. Annual Appreciation
-0.73%

Purchase Details

Closed on
May 5, 2014
Sold by
Malek George E
Bought by
Lee Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.29%

Purchase Details

Closed on
Nov 25, 2008
Sold by
46Th Street Development Llc and % Sjp Residential Properties
Bought by
Awad Michael and Malek George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

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
Zhou Erzhi $1,430,000 --
Lee Jason $1,500,000 --
Awad Michael $1,285,000 --
Awad Michael $1,285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jason $1,125,000
Previous Owner Awad Michael $12,844
Previous Owner Awad Michael $729,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $1,430,000 -- --
10/25/2019 10/25/19 Rented -- -- --
09/25/2019 09/25/19 Under Contract -- -- --
08/21/2019 08/21/19 For Rent $5,300 0.0% --
08/06/2019 08/06/19 Sold $1,430,000 0.0% $1,431 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $1,430,000 -- $1,431 / Sq Ft

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 $21,919 $175,320 $7,162 $168,158
2023 $17,870 $176,575 $7,162 $169,413
2022 $17,722 $177,030 $7,162 $169,868
2021 $21,026 $171,400 $7,162 $164,238
2020 $21,990 $189,087 $7,162 $181,925
2019 $17,276 $186,297 $7,162 $179,135
2018 $16,476 $186,316 $7,162 $179,154
2017 $12,111 $193,176 $7,162 $186,014
2016 $11,511 $173,283 $7,162 $166,121
2015 $3,370 $155,179 $7,161 $148,018
2014 $3,370 $147,488 $7,162 $140,326
Source: Public Records

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