NOT LISTED FOR SALE

Estimated Value: $715,000 - $1,055,000

1 Bed
1 Bath
800 Sq Ft
$913/mo HOA Fee

Last Sold October 08, 2021

Last sale price $775,000 $969 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,715/month

115 Days on Market

Highlights

  • City View
  • 1-minute walk to Lexington Avenue-53 Street
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • Entrance Foyer
  • North Facing Home

About This Home

As of October 2021

Call for an appointment!
Great investment opportunity! This 1-bed/1-bath condo has the best layout in the building! With 800 square feet of space and Midtown views, working from home never looked so good. An entry hall leads to a wide foyer, welcoming you to your new abode. From here you can access two of many generous closets or head into the windowed kitchen. To the right of the foyer is the hallway to the bedroom wing, allowing for maximum privacy. Here you'll find the bathroom, your well-proportioned master bedroom with Northern exposure, and more closet space. To the left of the foyer is a large living room with multiple windows offering a bird's eye view of the city to the North and Northwest. The living area is perfect for your home office set-up plus plenty of space for entertaining! Assessment of $91.36 per month. The Lex 54 Condo was designed by Rosario Candela, who is famous for creating many of the most sought-after addresses on Park Avenue. The location is ideal, situated between Park and Lexington Ave. It's close to all transportation 4/5/6, E/M/F, and N/W trains, as well as crosstown buses. You'll love the proximity to fabulous and numerous restaurants and bars, Rockefeller Center, and business and cultural centers. Amenities include: 24-hour doorman, live-in super, elevator, common storage/package room, bike room, and central laundry room.

Last Agent to Sell the Property

Gail Schnabel Bomze

Compass License #40BO1021407 Listed on: 03/22/2021

Compass

Co-Listed By

Susan Hirschorn

Compass License #10401268744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,316

Year Built

  • Built in 1951

Lot Details

  • North Facing Home

HOA Fees

  • $913 Monthly HOA Fees

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 800 Sq Ft Home
  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7502 / 1309

Community Details

Overview

  • Midtown East Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,316

Year Built

Built in 1951

Lot Details

0

HOA Fees

$913 per month

Listing Details

  • Cross Street: Park Avenue/Lexington Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 800.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 913.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 16
  • Year Built: 1951

Tax Info

  • Tax Block: 1309
  • Tax Lot: 7502
  • Tax Annual: 14316.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Tong Andy
Bought by
Nguyen Michele Ly and Tong Andy
Current Estimated Value
$846,142

Purchase Details

Listed on
Mar 22, 2021
Closed on
Oct 7, 2021
Sold by
Ruffolo Robert and Ruffolo Robert Edward
Bought by
Tong Andy
Seller's Agent
Gail Schnabel Bomze
Compass
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$548,250
Outstanding Balance
$498,867
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,275

Purchase Details

Closed on
Oct 1, 2018
Sold by
Ruffolo As Executor Robert and The Estate Of Dorothy J Ruffolo
Bought by
Ruffolo Robert Edward
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
Nguyen Michele Ly -- --
Tong Andy $740,000 --
Tong Andy $740,000 --
Ruffolo Robert Edward -- --
Ruffolo Robert Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Andy $548,250
Closed Tong Andy $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $775,000 0.0% $969 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $775,000 -- $969 / 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 $16,165 $133,859 $20,416 $113,443
2024 $16,165 $129,298 $20,416 $108,882
2023 $12,933 $127,796 $20,416 $107,380
2022 $15,104 $132,062 $20,416 $111,646
2021 $14,380 $117,224 $20,416 $96,808
2020 $14,808 $129,566 $20,416 $109,150
2019 $14,176 $127,976 $20,416 $107,560
2018 $13,667 $125,812 $20,416 $105,396
2017 $12,874 $109,505 $20,416 $89,089
2016 $12,595 $107,819 $20,416 $87,403
2015 $6,639 $97,949 $20,416 $77,533
2014 $6,639 $96,174 $20,416 $75,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10706247

Real Estate Board of New York (REBNY)

APN: 1309-1208