RENTED JUN 16, 2025

The Lex 54 135 E 54th St Unit 16K New York, NY 10022

Midtown East Neighborhood

Estimated Value: $1,818,000 - $2,287,000

3 Beds
2.5 Baths
1,629 Sq Ft
1949 Built

Last Sold April 04, 2017

Last sale price $2,400,000 $1,473 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $13,789/month

Highlights

  • City View
  • 1-minute walk to Lexington Avenue-53 Street
  • Community Storage Space
  • P.S. 59 Beekman Hill International Rated A
  • Elevator
  • High-Rise Condominium

About This Home

As of June 2025

Magnificent Midtown Condo - Newly Renovated & Move-In Ready!

Welcome to Apt. 16K, a stunning, mint-condition 2-bedroom convertible 3, 2.5-bathroom formal dining room (which can easily convert to a 3rd bedroom), condominium in the heart of Midtown. This newly renovated residence offers elegance, modern luxury, and unparalleled convenience.

Step into a bright and airy living space featuring brand-new flooring and a private terrace, perfect for enjoying your morning coffee or unwinding after a long day. The chef's kitchen has never been used, boasting top-of-the-line finishes and seamlessly integrating with the stylish design of the home.

The primary suite is a sanctuary of comfort, highlighted by a spa-like bathroom with a massive walk-in shower, adorned with exquisite marble tiles and featuring multiple showerheads and a handheld water supply for a truly luxurious experience.

For ultimate convenience, a full-size washer and dryer is discreetly placed in the kitchen, offering the best of modern city living.

Don't miss this incredible opportunity to rent a turnkey home in one of Midtown's premier buildings. Call today to schedule a private showing!

Last Agent to Rent the Property

Sheila McCarthy

Douglas Elliman Real Estate License #10301204448 Listed on: 05/29/2025

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,716

Year Built

  • Built in 1949

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,629 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Property Available on 5/29/25
  • Legal Lot and Block 0063 / 01309

Community Details

Overview

  • 141 Units
  • High-Rise Condominium
  • Lex 54 Condominium Condos
  • Midtown East Subdivision
  • 16-Story Property

Amenities

  • Elevator
  • Community Storage Space

Condo Details

Home Type

Condominium

Est. Annual Taxes

$36,716

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-05-29

Listing Details

  • Exposures: South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • Entry Level: 16
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Fireplace: No
  • Living Area: 1629.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Elevator(s), Storage
  • Cooling: No

Condo/Co-op/Association

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

Lot Info

  • Zoning Description: C6-6

Building Info

  • New Construction: No
  • Building Name: Lex 54 Condominium
  • Units: 141
  • Total Stories: 16
  • Year Built: 1949

Tax Info

  • Tax Block: 01309
  • Tax Lot: 0063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Apr 4, 2017
Sold by
Emamy Sarah Z and Emamy Zahra
Bought by
Menon Nikhil Vinay
Seller's Agent
Eileen Foy
Compass
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Current Estimated Value
$2,037,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$362,385
Avg. Annual Appreciation
-1.87%
Original Mortgage
$1,920,000
Outstanding Balance
$1,592,895
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,720

Purchase Details

Closed on
Oct 9, 2001
Sold by
Emamy Sarah Z and Gruttadauria Frank D
Bought by
Emamy Sarah Z

Purchase Details

Closed on
Mar 15, 2000
Sold by
Gustafson Carol
Bought by
Emamy Sarah Z and Gruttadauria Frank D
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
Menon Nikhil Vinay $2,400,000 --
Emamy Sarah Z -- --
Emamy Sarah Z -- Boundary Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menon Nikhil Vinay $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Rented $10,000 0.0% --
05/29/2025 05/29/25 For Rent $10,000 0.0% --
04/04/2017 04/04/17 Sold $2,400,000 -4.0% $1,473 / Sq Ft View Prior Sale
03/05/2017 03/05/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $2,499,000 -- $1,534 / 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 $36,716 $304,034 $46,374 $257,660
2024 $36,716 $293,677 $46,374 $247,303
2023 $29,375 $290,262 $46,374 $243,888
2022 $28,302 $299,952 $46,374 $253,578
2021 $32,661 $266,250 $46,374 $219,876
2020 $27,747 $294,283 $46,374 $247,909
2019 $26,562 $290,669 $46,374 $244,295
2018 $31,041 $285,755 $46,374 $239,381
2017 $29,021 $248,717 $46,374 $202,343
2016 $28,304 $244,889 $46,374 $198,515
2015 $14,900 $222,472 $46,374 $176,098
2014 $14,900 $218,435 $46,373 $172,062
Source: Public Records

Agents Affiliated with this Home

  • Sheila McCarthy

    Landlord's Agent in 2025

    Sheila McCarthy

    Douglas Elliman Real Estate

    (917) 886-9821

    51 Total Sales

    Sheila McCarthy
    Section Image
  • Eileen Foy

    Seller's Agent in 2017

    Eileen Foy

    Compass

    (347) 463-8128

    5 in this area

    102 Total Sales

    Eileen Foy
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniella Leon

    Compass

    (646) 461-6633

    22 Total Sales

    Daniella Leon
    Section Image
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About The Lex 54

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20027149

Real Estate Board of New York (REBNY)

APN: 1309-1243

New York New York County New York 10022 Midtown East

135 E 54th St Unit 16K, New York, NY

Not Listed for Sale

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