NOT LISTED FOR SALE

Estimated Value: $176,523,536

-- Bed
-- Bath
437,662 Sq Ft
$403/Sq Ft Est. Value

About This Home

This home is located at 569 Lexington Ave, New York, NY 10022 and is currently priced at $176,523,536, approximately $403 per square foot. 569 Lexington Ave is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Clinton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Rlj Iii - Dbt Metropolitan Manhattan Lp
Bought by
569 Lexington Owner Llc
Current Estimated Value
$176,523,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750,000
Outstanding Balance
$87,637,553
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2010
Sold by
W2001 Metropolitan Hotel Realty Llc
Bought by
Rlj Iii - Dbt Metropolitan Manhattan Lp and A Delaware Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2003
Sold by
Loews New York Hotel Inc
Bought by
W2001 Metropolitan Hotel Realty Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
569 Lexington Owner Llc $146,000,000 --
Rlj Iii - Dbt Metropolitan Manhattan Lp $331,630,000 --
W2001 Metropolitan Hotel Realty Llc $110,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 569 Lexington Owner Llc $93,750,000
Closed 569 Lexington Owner Llc $11,173,850
Closed 569 Lexington Owner Llc $14,076,150
Previous Owner Rlj Iii - Dbt Metropolitan Manhattan Lp $25,000,000
Source: Public Records

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 $5,043,637 $47,617,420 $16,713,216 $30,904,204
2023 $0 $0 $0 $0
2022 $4,527,877 $42,100,200 $16,713,216 $25,386,984
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $7,101,634 $67,544,550 $16,713,216 $50,831,334
2018 $0 $0 $0 $0
2017 $7,529,094 $73,019,250 $16,713,216 $56,306,034
2016 $7,249,675 $73,017,000 $16,713,216 $56,303,784
Source: Public Records

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