NOT LISTED FOR SALE

Estimated Value: $586,394

-- Bed
1 Bath
-- Sq Ft
0.34 Acres

Highlights

  • Full Time Doorman
  • 1-minute walk to Lexington Avenue-53 Street
  • The community has rules related to allowing pied a terres
  • P.S. 59 Beekman Hill International Rated A
  • Kitchen is in excellent condition
  • Entrance Foyer

About This Home

As of April 2022

Welcome to this bright and charming studio at The Lex 54 Condominium. This functional and light-filled home is located on a prime, central, tree-lined Midtown East block between Park and Lexington Avenues. This home features a recently renovated kitchen with stainless steel appliances. The updated kitchen features an under-the-sink GE full sized dishwasher, a sleek LG tall and slim refrigerator, an LG overhead microwave, and a gas stove and oven from Avanti. This well-designed modern kitchen has plenty of cabinet storage space along with granite tile floor, granite countertops, and a matching stone backsplash. The bathroom has also been beautifully renovated in a modern style featuring white subway tile, granite tiled floors to match the kitchen, and a white marble topped vanity. This studio features herringbone pattern solid wood floors throughout the spacious living area. Large east facing windows allow for great natural light. Designed by famed New York architect Rosario Candela, the Lex 54 condominium is a full-service building in a prime Midtown East neighborhood with a 24-hour doorman, live-in superintendent, Building Link, package room, bike room, and laundry in the building. The Lex 54 condo's superb location affords easy access to Central Park, many of the city's finest restaurants, shopping on Fifth and Madison Avenues, a Whole Foods, and a brand-new Trader Joe's. Just across the street from The Hugh Food Hall, its central location places it in close proximity to Grand Central and just blocks from multiple trains including the E, M, 4, 5, 6, N, R, Q, W, 7, and F.

Last Agent to Rent the Property

Jason Blue

Erealty Advisors Inc License #10401301430 Listed on: 07/30/2019

Erealty Advisors Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,801

Year Built

  • Built in 1951

Lot Details

  • 0.34

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1 Full Bathroom
  • Entrance Foyer
  • Kitchen is in excellent condition

Additional Features

  • East Facing Home
  • Window Unit Cooling System

Listing and Financial Details

  • Property Available on 4/1/22
  • 12-Month Min and 24-Month Max Lease Term
  • Legal Lot and Block 7502 / 1309

Community Details

Overview

  • 2 Elevators
  • Midtown East Subdivision
  • The community has rules related to allowing pied a terres
  • 16-Story Property

Amenities

  • Full Time Doorman
  • Full Time Lobby Attendant
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,801

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Lease Type: NonStabilizedLease
  • Lease Months (Max): 24
  • Lease Months (Min): 12
  • Available Date: 2022-04-01

Listing Details

  • Cross Street: Park Avenue/Lexington Avenue
  • Exposures: East
  • Bonus: No
  • Delivered Vacant: Yes
  • SponsorUnitYN: No
  • BuildingRules: PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area Units: Square Feet
  • Kitchen Condition: Excellent
  • Floor Number: 3

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Units

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • New Development: No
  • Elevators: 2
  • Landmark Status: No
  • Total Stories: 16
  • Year Built: 1951
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Tax Info

  • Tax Block: 1309
  • Tax Lot: 7502
  • Building Tax Lot: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2016
Sold by
Guzman Garrow Manuel Vincent
Bought by
Choundas George P and Kane Catherine
Current Estimated Value
$586,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$332,748
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,646

Purchase Details

Closed on
Nov 11, 2010
Sold by
Acp 135 East 54Th Street Associates Llc
Bought by
Garrow Manuel Vincent Guzman
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
Choundas George P $590,000 --
Garrow Manuel Vincent Guzman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choundas George P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Rented $2,700 0.0% --
04/11/2022 04/11/22 For Rent $2,700 0.0% --
04/11/2022 04/11/22 Off Market $2,700 -- --
02/13/2022 02/13/22 For Rent -- -- --
09/30/2019 09/30/19 Off Market -- -- --
07/30/2019 07/30/19 For Rent $2,700 -- --
05/16/2013 05/16/13 Rented -- -- --
04/16/2013 04/16/13 Under Contract -- -- --
09/26/2012 09/26/12 For Rent -- -- --
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 $7,801 $64,596 $9,851 $54,745
2024 $7,801 $62,396 $9,851 $52,545
2023 $7,565 $61,670 $9,851 $51,819
2022 $7,289 $63,730 $9,851 $53,879
2021 $6,939 $56,569 $9,851 $46,718
2020 $7,146 $62,525 $9,851 $52,674
2019 $6,840 $61,758 $9,851 $51,907
2018 $6,595 $60,714 $9,851 $50,863
2017 $6,212 $52,844 $9,851 $42,993
2016 $6,078 $52,030 $9,851 $42,179
2015 $3,884 $47,268 $9,851 $37,417
2014 $3,884 $46,412 $9,851 $36,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10846038

Real Estate Board of New York (REBNY)

APN: 1309-1105