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17 West 25th Street

17 West 25th Street, New York, NY 10010
Property in NoMad
17 West 25th Street has been categorized by the local assessors in New York, NY as a office type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 5 stories. In addition, 17 West 25th Street has 7,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 988 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 2,568 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 17 West 25th Street sold most recently in Dec 28, 2023 for a total of $8,150,000. If you work out the math, that's approximately a cost of $1,031.65 per sqft. Before that, the property was also sold for $9,250,000 in Oct 4, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $68,922 in taxes each year. 17 West 25th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $650,700. If we break it down further, the land itself was valued at $315,000. Improvements to the property, however, were assessed at a total of $335,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 5
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,568
  • Lot Size Depth Feet: 988
  • Lot Size Frontage Feet: 260
  • Total Building Area: 7,900
  • Gross Building Area: 7,900
  • Building Area: 7,900
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Land Acres: 0.059
  • Standard Land Use Code: Office bldg (multi-story)

Ownership

  • Current Owner : RICH 24 LLC
  • Previous Owner : GRIFFON MONKEY LLC
  • Owner Before Previous Owner: PRIME HOTEL MANAGEMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: MANHATTAN
  • Census Tract: 005800

Zoning

  • Zoning: M1-6

Geography

  • Account Number: 1-00826-0028
  • District: 05
  • Section: 306
  • Parcel: 00826-0028
  • Block: 826
  • Lot: 28
  • Latitude: 40.743
  • Longitude: -73.9903

    Address

  • Full Address: 17 W 24th St
  • Address - House Number: 17
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: NY
  • City Name: New York
  • Carrier Code: C042
  • 4-Digit Zip Code: 3213
  • Zip Code: 10010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $68,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,500,000
  • First Open Lien Mortgage Lender: MASPETH FEDERAL SAVINGS AND LO
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $4,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 04, 2054

    Market Valuation

  • Market Total Value: $1,446,000
  • Market Land Value: $700,000
  • Market Improvement Value: $746,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,700
  • Assessed Land Value: $315,000
  • Assessed Improvements Value: $335,700

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Transaction ID: 11918775032
  • Current Sale Price: $8,150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2024000002685
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Oct 04, 2019
  • Previous Sale Amount: $9,250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MASPETH FEDERAL SAVINGS AND LO
  • First Mortgage Transaction Date: Jan 04, 2024
  • First Mortgage Loan Amount: $4,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: ACM CRE FUND I-L, LP
  • Previous Mortgage Transaction Date: Nov 07, 2019
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 17 West 25th Street located in?
The 17 West 25th Street is a located in the neighborhood of NoMad in Midtown Manhattan, New York.
What is the average sales price for listings in 17 West 25th Street?
The average sales price for units in 17 West 25th Street is $0 currently.

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