NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,703,000

1 Bed
2 Baths
1,400 Sq Ft
$2,364/mo HOA Fee

Last Sold July 20, 2022

Last sale price $1,425,000 $1,018 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,469/month

106 Days on Market

Highlights

  • Garage
  • P.S. 59 Beekman Hill International Rated A
  • 2-minute walk to 59 Street (4,5,6 Line)

About This Home

As of July 2022

Bring your contractor to this spacious and sun splashed corner apartment wonderfully located off Park Avenue along "Billionaire Row". This high floor unit, with southern and western views of iconic buildings and skyline, is currently configured as a large one bedroom plus den or small second bedroom and generously sized at around 1,400 square feet with two full baths. This is your opportunity to add your personal touches to your new home in the sky according to your very own wishes and tastes, not someone else's. The Galleria Condominium is a most famous, white glove building offering a 24 hour doorman, concierge, live-in resident manager, gym, garage and Sky Lounge service located on the 54th floor showcasing incredible views of New York City.
Please note that the building only allows showings from Monday-Saturday 9:00am-to 4:30pm with 24 hour notice, and subject to approval to prevent overcrowding.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,400

Year Built

  • Built in 1975

HOA Fees

  • $2,364 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,400 Sq Ft Home
  • Entry on the 28th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 231 Units
  • Middle East Side Subdivision
  • 57-Story Property

Listing and Financial Details

  • Tax Block 01312

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,400

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,364 per month

Listing Details

  • Cross Street: PARK AVENUE and LEXINGTON AVENUE
  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 28
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 57

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 1400.0
  • Living Area Units: Square Feet

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2364.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Units: 231
  • Total Stories: 57
  • Year Built: 1975

Tax Info

  • Tax Block: 01312
  • Tax Annual: 23400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jul 20, 2022
Sold by
Sperenyc Inc
Bought by
Kang Seok Ho and Kee Yoon Min
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Current Estimated Value
$1,502,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,590
Avg. Annual Appreciation
1.59%
Original Mortgage
$1,140,000
Outstanding Balance
$1,089,622
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,968

Purchase Details

Closed on
Apr 22, 2008
Sold by
Shulman Co-Trustee Alexander N
Bought by
Sperenyc Inc

Purchase Details

Closed on
Aug 13, 2007
Sold by
Estate Of Pamela S Shulman
Bought by
Alexander N Shulman Co-Trustee and Liberty Lane

Purchase Details

Closed on
Sep 30, 2002
Sold by
Super Zelma M
Bought by
Shulman Pamela S

Purchase Details

Closed on
Feb 28, 2001
Sold by
Galleria 28B Associates Llc
Bought by
Super Zelma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
7.25%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Mendoza Lope M
Bought by
Galleria 28B Associates Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kang Seok Ho $1,425,000 --
Sperenyc Inc $1,900,000 --
Alexander N Shulman Co-Trustee -- --
Shulman Pamela S -- --
Super Zelma M $780,000 First American Title Ins Co
Galleria 28B Associates Llc -- Title Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kang Seok Ho $1,140,000
Previous Owner Super Zelma M $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $1,425,000 -4.7% $1,018 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,495,000 0.0% $1,068 / Sq Ft
07/10/2022 07/10/22 Off Market $1,495,000 -- --
04/04/2022 04/04/22 For Sale $1,495,000 0.0% $1,068 / Sq Ft
08/12/2019 08/12/19 Rented -- -- --
07/13/2019 07/13/19 Under Contract -- -- --
04/12/2019 04/12/19 For Rent $6,500 -- --
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
2025 $26,314 $217,762 $45,076 $172,686
2024 $26,314 $210,475 $45,076 $165,399
2023 $20,843 $205,950 $45,076 $160,874
2022 $24,500 $208,098 $45,076 $163,022
2021 $23,730 $193,720 $45,076 $148,644
2020 $23,401 $220,189 $45,076 $175,113
2019 $23,273 $215,001 $45,076 $169,925
2018 $22,092 $197,001 $45,076 $151,925
2017 $22,414 $198,964 $45,076 $153,888
2016 $21,680 $188,086 $45,076 $143,010
2015 $12,442 $171,991 $45,076 $126,915
2014 $12,442 $160,816 $45,076 $115,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10889436

Real Estate Board of New York (REBNY)

APN: 1312-1070