NOT LISTED FOR SALE

140 E 37th St New York, NY 10016

Murray Hill Neighborhood

Estimated Value: $3,010,000 - $4,946,000

Studio
-- Bath
5,342 Sq Ft
$781/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $3,375,000 $632 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $26,625/month

246 Days on Market

About This Home

As of October 2014

Beautiful 5-story single family house on prime Murray Hill block with 5 bedrooms, 4.5 baths and 5,342 square feet (not including basement of 900 SF), buildable to 6,320 BSF above ground. Needs renovation, but asking only $4,250,000 or $796 per square foot. The potential is to create a newly renovated building of up to 7,220 SF (including the basement and air rights resulting in a price of only $588/SF). In addition to residential use, the zoning permits live/work, medical facilities and office use for governments and non-profits.

Last Agent to Sell the Property

George Vanderploeg

Douglas Elliman Real Estate License #30VA0599615 Listed on: 01/02/2014

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Lot Details

  • 1,568

Home Design

  • 5,342 Sq Ft Home

Community Details

  • Murray Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 892

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Cross Street: Lexington Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: MURRAY
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Living Area: 5342.0
  • Living Area Units: Square Feet

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 1
  • Total Stories: 5

Tax Info

  • Tax Block: 892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Hffspv 2022 Llc
Bought by
Schultz Steven and Shih Joyce
Current Estimated Value
$4,169,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,680,000
Outstanding Balance
$2,615,114
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,554,570

Purchase Details

Closed on
Mar 1, 2022
Sold by
Charles L. Emma Esq. As Referee
Bought by
Hffspv 2022 Llc

Purchase Details

Closed on
Dec 17, 2014
Sold by
Kavaler Thomas J and Preska Loretta A
Bought by
Amadeus 140 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Schultz Steven $3,350,000 --
Hffspv 2022 Llc $2,690 --
Amadeus 140 Llc $3,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Steven $2,680,000
Previous Owner Amadeus 140 Llc $2,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2014 10/08/14 Sold $3,375,000 -20.6% $632 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $4,250,000 -- $796 / 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 $57,869 $305,407 $201,544 $103,863
2024 $57,869 $288,120 $203,400 $80,133
2023 $59,834 $294,617 $188,729 $105,888
2022 $58,373 $335,100 $203,400 $131,700
2021 $58,054 $360,120 $203,400 $156,720
2020 $55,085 $340,980 $203,400 $137,580
2019 $51,359 $387,840 $203,400 $184,440
2018 $50,048 $245,514 $129,661 $115,853
2017 $49,673 $243,672 $132,062 $111,610
2016 $45,955 $229,880 $168,205 $61,675
2015 $27,725 $216,868 $164,544 $52,324
2014 $27,725 $204,595 $178,252 $26,343
Source: Public Records

Agents Affiliated with this Home

  • George Vanderploeg

    Seller's Agent in 2014

    George Vanderploeg

    Douglas Elliman Real Estate

    (917) 301-0158

    18 Total Sales

    George Vanderploeg
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060438

Real Estate Board of New York (REBNY)

APN: 0892-0059

New York New York County New York 10016 Murray Hill

140 E 37th St, New York, NY

Not Listed for Sale

Detached

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