NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,123,000

1 Bed
1 Bath
650 Sq Ft
$922/mo HOA Fee

Last Sold April 14, 2023

Last sale price $1,090,000 $1,677 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,695/month

171 Days on Market

Highlights

  • Balcony
  • 2-minute walk to 23 Street (4,6 Line)
  • 2-minute walk to Madison Square Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • West Facing Home

About This Home

As of April 2023

Located at 45 East 25th Street, The Stanford Condominium, this bright and spacious 1 bedroom / 1 bathroom home boasts direct & unobstructed treetop views of Madison Square Park from every room. Enjoy beautiful park and western skyline views with incredible sunsets from your private balcony, the perfect place to start and end your day.



The renovated kitchen comes equipped with stainless steel appliances, including a dishwasher, custom cabinetry, and granite countertops with a pass-through breakfast bar. The generously sized living room conveniently flows onto the private balcony, ideal for relaxing or entertaining guests.



The expansive bedroom overlooks the park, and can accommodate a king size bed with room enough for additional furniture, and features a wall of deep closets. This home has new hardwood floors and a windowed marble bathroom with a deep soaking tub. With abundant storage options punctuated throughout, this home is both functional and spacious.



The Stanford is a full-service condominium with a full-time doorman, fitness room, private courtyard, live-in super, laundry on every other floor, and is pet friendly. Situated only a stone's throw to Madison Square Park and Park Ave South restaurants, shopping, and services, and proximate to transportation options, this is the ideal Flatiron location!



Current monthly assessment of $277 through December 2022.

Last Listed By

Devin Kogel

Corcoran Group License #10301213944 Listed on: 08/17/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,572

Year Built

  • Built in 1986

Lot Details

  • 9,888

HOA Fees

  • $922 Monthly HOA Fees

Home Design

  • 650 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Dishwasher
  • Washer Dryer Allowed
  • Balcony
  • West Facing Home

Community Details

  • 112 Units
  • The Stanford Condos
  • Downtown Subdivision
  • 41-Story Property

Listing and Financial Details

  • Tax Block 00855

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,572

Year Built

Built in 1986

Lot Details

0

HOA Fees

$922 per month

Listing Details

  • Cross Street: MADISON AVENUE and PARK AVENUE SOUTH
  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Downtown
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 41

Interior Features

  • Appliances: Dishwasher, Washer Dryer Allowed
  • Living Area: 650.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 922.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE STANFORD
  • Units: 112
  • Total Stories: 41
  • Year Built: 1986

Tax Info

  • Tax Block: 00855
  • Tax Annual: 13572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Apr 14, 2023
Sold by
Fenwick Huss Harry
Bought by
Feldman Cody and Venouil Alexis
Seller's Agent
Devin Kogel
Corcoran Group
List Price
$1,250,000
Sold Price
$1,090,000
Premium/Discount to List
-$160,000
-12.8%
Total Days on Market
171
Views
39
Current Estimated Value
$1,023,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,295
Avg. Annual Appreciation
-3.03%
Original Mortgage
$872,000
Outstanding Balance
$852,695
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,010

Purchase Details

Closed on
Jan 13, 2016
Sold by
Kristine Schweinsberg Administratrix Of
Bought by
Fenwick Huss Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,000
Interest Rate
3.97%
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
Feldman Cody $1,090,000 --
Fenwick Huss Harry $1,205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldman Cody $872,000
Previous Owner Fenwick Huss Harry $964,000
Previous Owner Schweinsberg Kelly $527,000
Previous Owner Schweinsberg Kelly $232,000
Previous Owner Schweinsberg Kelly $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $1,090,000 -5.2% $1,677 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
11/18/2022 11/18/22 Price Changed $1,150,000 -2.1% $1,769 / Sq Ft
10/25/2022 10/25/22 Price Changed $1,175,000 -1.7% $1,808 / Sq Ft
10/11/2022 10/11/22 Price Changed $1,195,000 -1.6% $1,838 / Sq Ft
09/18/2022 09/18/22 Price Changed $1,215,000 -2.8% $1,869 / Sq Ft
08/18/2022 08/18/22 For Sale $1,250,000 -- $1,923 / 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 $12,722 $101,761 $13,981 $87,780
2023 $12,271 $100,030 $13,981 $86,049
2022 $14,224 $119,925 $13,981 $105,944
2021 $13,611 $110,958 $13,981 $96,977
2020 $14,422 $125,016 $13,981 $111,035
2019 $14,205 $131,443 $13,981 $117,462
2018 $13,290 $110,524 $13,981 $96,543
2017 $12,641 $112,127 $13,981 $98,146
2016 $12,029 $108,705 $13,981 $94,724
2015 $6,707 $108,535 $13,981 $94,554
2014 $6,707 $94,880 $13,981 $80,899
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10841610

Real Estate Board of New York (REBNY)

APN: 0855-1046