NOT LISTED FOR SALE

The Lex 54 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $983,000 - $1,270,491

2 Beds
1 Bath
1,019 Sq Ft
1951 Built

Last Sold July 13, 2017

Last sale price $1,072,000 $1,052 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,557/month

Highlights

  • City View
  • 1-minute walk to Lexington Avenue-53 Street
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • Balcony

About This Home

As of November 2017

Great value corner 2 bedroom with Balcony and East/North exposures. Excellent Midtown East location on East 54 St and Lexington.

The apartment is very spacious and bright, with a balcony facing East/North. Hardwood Floors, Windowed Kitchen, Extra Large Master Bedroom and Living Room. 5 closets (one Walk-In).

Lex 54 was designed by Rosario Candela, NYC's most famous architect from the 1900s. Full time doorman, friendly staff and superb location - steps away from Citigroup Center, Park Avenue, Fifth Avenue, 6 / E / M trains.

Last Agent to Rent the Property

Wei Min Tan

R New York License #10301203667 Listed on: 08/17/2017

R New York

Co-Listed By

Joann Chan

R New York License #10301201955

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,121

Year Built

  • Built in 1951

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1,019 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Listing and Financial Details

  • Property Available on 8/17/17
  • Legal Lot and Block 7502 / 1309

Community Details

Overview

  • Midtown East Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,121

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Available Date: 2017-08-17

Listing Details

  • Cross Street: Park Avenue/Lexington Avenue
  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • Entry Level: 15
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Living Area: 1019.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Interest: Condominium

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jul 12, 2017
Sold by
Findece Inc
Bought by
Chin Shiugeen F and Chin Yi
List Price
$1,195,000
Sold Price
$1,072,000
Premium/Discount to List
-$123,000
-10.29%
Current Estimated Value
$1,129,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,373
Avg. Annual Appreciation
0.58%
Original Mortgage
$550,000
Outstanding Balance
$460,875
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$663,560

Purchase Details

Closed on
Aug 14, 2009
Sold by
Butler Edward M and Panzera Brenda D
Bought by
Findece Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
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
Chin Shiugeen F $1,072,000 --
Findece Inc $832,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Shiugeen F $550,000
Previous Owner Findece Inc $499,500
Previous Owner Ostergaard Jorgen $230,000
Previous Owner Mccoy John B $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Rented -- -- --
10/10/2017 10/10/17 Under Contract -- -- --
08/17/2017 08/17/17 For Rent -- -- --
07/13/2017 07/13/17 Sold $1,072,000 -10.3% $983 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $1,195,000 -- $1,095 / 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 $19,121 $158,339 $24,153 $134,186
2024 $19,121 $152,944 $24,153 $128,791
2023 $15,298 $151,166 $24,153 $127,013
2022 $14,739 $156,213 $24,153 $132,060
2021 $17,010 $138,662 $24,153 $114,509
2020 $17,516 $153,261 $24,153 $129,108
2019 $16,767 $151,379 $24,153 $127,226
2018 $16,165 $148,820 $24,153 $124,667
2017 $15,228 $129,531 $24,153 $105,378
2016 $14,898 $127,537 $24,153 $103,384
2015 $7,674 $115,862 $24,152 $91,710
2014 $7,674 $113,759 $24,153 $89,606
Source: Public Records

Agents Affiliated with this Home

  • Wei Min Tan

    Landlord's Agent in 2017

    Wei Min Tan

    R New York

    (212) 688-1000

    8 Total Sales

    Wei Min Tan
    Section Image
  • Joann Chan

    Landlord's Co-Listing Agent in 2017

    Joann Chan

    R New York

    (212) 688-1000

    4 Total Sales

    Joann Chan
    Section Image
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About The Lex 54

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10270598

Real Estate Board of New York (REBNY)

APN: 1309-1234

New York New York County New York 10022

Midtown East

This home since 17 August 2017 and is currently priced at $1,129,373. This property was built in 1951. This home is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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