NOT LISTED FOR SALE

Estimated Value: $548,000 - $755,000

-- Bed
1 Bath
533 Sq Ft
$790/mo HOA Fee

Last Sold May 12, 2022

Last sale price $740,000 $1,388 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,236/month

35 Days on Market

Highlights

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

About This Home

As of May 2022

Spacious studio apartment at the world renowned Galleria Condominium. Located on the 37th floor of a white glove full service bldg., this unit boasts gorgeous skyline views to the South, as well as plenty of brilliant light. The separate Galley kitchen features all modern appliances, ample cabinet storage, and lots of counter space. There are fabulous closets throughout, as well as a beautiful European style bathroom. The sprawling room offers plenty of space to accommodate a full size couch, a Queen size bed, with a night table, a work station, a large entertainment center, and a recliner chair. This gorgeous apt is available for purchased furnished as well; art not included. The Galleria condominium is a full service building with 24 hour attended lobby, resident manager, porters, and parking garage on premises. In addition, residents enjoy the Galleria Sky Terrace Lounge, featuring breath taking views of Central Park and the Manhattan Skyline. Maid and valet service can be arranged through the mgmt. office. Furthermore, the lobby is located in an open atrium. From a separate entrance, you can enter the Atrium where you will find restaurants, food stores, a hair salon, and more. The building is conveniently located near Central Park, Corporate America, Fabulous shopping, fine dining, transportation, and many cultural venues. Shown by appt. M to F 9:30 am to 4 pm only with 24 hours' notice.

Last Agent to Sell the Property

Diego Plaza

Douglas Elliman Real Estate License #30PL0730880 Listed on: 01/19/2022

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,340

Year Built

  • Built in 1975

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 533 Sq Ft Home
  • Entry on the 37th floor

Additional Features

  • 1 Full Bathroom
  • Washer Dryer Allowed
  • South Facing Home

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

$11,340

Year Built

Built in 1975

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Cross Street: PARK AVENUE and LEXINGTON AVENUE
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 37
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 57

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 533.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 790.0
  • 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: 11340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Dong Mei and Zhong Jian
Bought by
Jian Zhong As Co-Trustee and Jms Family Revocable Trust Dated October
Current Estimated Value
$678,086

Purchase Details

Listed on
Jan 19, 2022
Closed on
May 12, 2022
Sold by
Sequoia International Finance Sa
Bought by
Dong Mei and Zhong Jian
Seller's Agent
Diego Plaza
Douglas Elliman Real Estate
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.42%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Wagener Jean and % Fox Horan & Camerini Llp
Bought by
Sequoia International Finance S A

Purchase Details

Closed on
Feb 10, 2000
Sold by
Chevron U S A Inc and Chevron Industries Inc
Bought by
Wagener Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.15%
Mortgage Type
Stand Alone First
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
Jian Zhong As Co-Trustee -- --
Dong Mei $740,000 --
Sequoia International Finance S A -- --
Wagener Jean $280,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagener Jean $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2022 05/12/22 Sold $740,000 -4.5% $1,388 / Sq Ft
01/24/2022 01/24/22 For Sale $775,000 -- $1,454 / 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 $10,513 $87,003 $18,009 $68,994
2024 $10,513 $84,093 $18,009 $66,084
2023 $8,327 $82,285 $18,009 $64,276
2022 $9,789 $83,143 $18,009 $65,134
2021 $9,481 $77,398 $18,009 $59,389
2020 $9,350 $87,973 $18,009 $69,964
2019 $9,298 $85,901 $18,009 $67,892
2018 $8,826 $78,709 $18,009 $60,700
2017 $8,955 $79,493 $18,009 $61,484
2016 $8,661 $75,147 $18,009 $57,138
2015 $6,025 $68,716 $18,009 $50,707
2014 $6,025 $64,252 $18,009 $46,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10771337

Real Estate Board of New York (REBNY)

APN: 1312-1143