NOT LISTED FOR SALE

Estimated Value: $1,193,000 - $1,804,000

2 Beds
2 Baths
1,208 Sq Ft
$2,142/mo HOA Fee

Last Sold March 30, 2023

Last sale price $1,800,000 $1,490 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $12,908/month

112 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 March 2023

New Listing. Best priced two bedroom apartment at The Galleria. Brand new high-end renovation. Never lived-in apartment. New stainless steel appliances in the kitchen and washer/dryer hook-up in the apartment. Enjoy amazing views from this high floor MINT condition 2 bedroom, 2 bath apartment at The Galleria, one of the very few midtown White Glove luxury condominiums Off Park Avenue. This stunning home features a gracious entry foyer which leads to a sun-filled open concept living room / dining room area, perfect for entertaining. The oversized windows offer sweeping North/East Manhattan Skyline Views. The large primary bedroom has generous closet space and the en-suite spa like bathroom has both a soaking tub and a shower. The second corner bedroom has two exposures, large windows and a closet. The state of the art chef's kitchen has a window and brand new appliances. The Galleria, a sought after premier Midtown East Pet Friendly condominium is located along the famous Billionaires' Row. The renovated lobby is in a stunning atrium which leads you to a hallway with fresh flowers and has a separate entrance to stores and a beauty salon. The residents enjoy White Glove services, which include full time doorman, concierge, elevator operator, fitness center, laundry room, and the incomparable SKY TERRACE lounge with butler service, a fireplace and two furnished terraces offering panoramic skyline and Central Park views from the 54th Floor. There is direct access to the garage from the building. Investors are welcome. The Galleria is located close to world class shopping such as Tiffany's, Dior, Louis Vuitton, Bergdorf Goodman, Channel, the Plaza Hotel, Bloomingdales and a short distance to Central Park. The proximity to most major transportation, Whole Foods and great restaurants like Avra Madison and Tao confirm that The Galleria offers THE BEST OF MANHATTAN LIVING. Some images are virtually staged. This apartment is a legal one bedroom that has been converted to a two bedroom. Please see floorplan. No smoking building.

Last Agent to Sell the Property

Vilelmini Apostolatos

Douglas Elliman Real Estate License #40AP1105672 Listed on: 09/15/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,200

Year Built

  • Built in 1975

HOA Fees

  • $2,142 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,208 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Dishwasher
  • 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

$22,200

Year Built

Built in 1975

Lot Details

0

HOA Fees

$2,142 per month

Listing Details

  • Cross Street: PARK AVENUE and LEXINGTON AVENUE
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 33
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 57

Interior Features

  • Appliances: Dishwasher, Washer Dryer Allowed
  • Living Area: 1208.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2142.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 01312
  • Tax Annual: 22200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Mar 30, 2023
Sold by
57Th Street Nyc Llc
Bought by
Nicam Llc
Seller's Agent
Vilelmini Apostolatos
Douglas Elliman Real Estate
List Price
$1,975,000
Sold Price
$1,800,000
Premium/Discount to List
-$175,000
-8.86%
Views
4
Current Estimated Value
$1,584,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,009
Avg. Annual Appreciation
-5.47%

Purchase Details

Closed on
Dec 28, 2020
Sold by
Barcohana Ehteram
Bought by
57Th Street Nyc Llc

Purchase Details

Closed on
Nov 3, 2006
Sold by
Cremo Lawrence and Long Cremo Dana
Bought by
Barcohana Ehteram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Cremo Lawrence and Long Cremo Dana
Bought by
Cremo Lawrence and Long Cremo Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
5.94%

Purchase Details

Closed on
May 5, 2004
Sold by
Cremo Lawrence and Long Cremo Dana
Bought by
Cremo Lawrence and Long Cremo Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,000
Interest Rate
5.94%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Woods Janis and Thompson Janis
Bought by
Cremo Lawrence and Cremo Dana Long

Purchase Details

Closed on
Jan 26, 2001
Sold by
Chiang Kenneth
Bought by
Cremo Lawrence and Cremo Dana Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 1997
Sold by
Tolin Company Ltd
Bought by
Chiang Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7%
Source: Public Records

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
Nicam Llc $1,800,000 --
Nicam Llc $1,800,000 --
57Th Street Nyc Llc $1,450,000 --
57Th Street Nyc Llc $1,450,000 --
Barcohana Ehteram $1,300,000 --
Barcohana Ehteram $1,300,000 --
Cremo Lawrence -- --
Cremo Lawrence -- --
Cremo Lawrence -- --
Cremo Lawrence -- --
Cremo Lawrence -- --
Cremo Lawrence -- --
Cremo Lawrence $775,000 --
Cremo Lawrence $775,000 --
Chiang Kenneth $530,000 Chicago Title Insurance Co
Chiang Kenneth $530,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barcohana Ehteram $1,000,000
Previous Owner Cremo Lawrence $678,000
Previous Owner Cremo Dana Long $7,936
Previous Owner Woods Janis T $37,500
Previous Owner Cremo Lawrence $400,000
Previous Owner Cremo Lawrence $40,000
Previous Owner Cremo Lawrence $275,000
Previous Owner Chiang Kenneth $424,000
Closed Cremo Lawrence $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $1,800,000 -8.9% $1,490 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $1,975,000 +9.7% $1,635 / Sq Ft
10/19/2022 10/19/22 Off Market $1,800,000 -- --
09/15/2022 09/15/22 For Sale $1,975,000 +19.7% $1,635 / Sq Ft
04/20/2022 04/20/22 Off Market $1,650,000 -- --
07/09/2021 07/09/21 Sold $1,650,000 -17.3% $1,366 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $1,995,000 -- $1,651 / 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
2025 $23,839 $197,284 $40,835 $156,449
2024 $23,839 $190,684 $40,835 $149,849
2023 $22,888 $186,583 $40,835 $145,748
2022 $22,196 $188,530 $40,835 $147,695
2021 $21,499 $175,503 $40,835 $134,668
2020 $17,251 $199,483 $40,835 $158,648
2019 $17,152 $194,783 $40,835 $153,948
2018 $19,719 $178,475 $40,835 $137,640
2017 $20,088 $180,254 $40,835 $139,419
2016 $19,337 $170,399 $40,835 $129,564
2015 $11,092 $155,817 $40,835 $114,982
2014 $11,092 $145,695 $40,835 $104,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10837634

Real Estate Board of New York (REBNY)

APN: 1312-1116