$480,000
SOLD DEC 12, 2018
-- Bed
1 Bath
425 Sq Ft
$562/mo HOA Fee

Recently Sold

$1,129 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

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

About This Home

As of June 2025

Brilliantly located studio condo apartment in the prime heart of Sutton Place and midtown on 56th and Lexington Avenue offers the perfect opportunity for a pied a terre, or investment. This light-filled apartment with beautiful hardwood parquet floors offers a well-divided sleeping area, separate kitchen and dining area, living and office space, a modernized bathroom and spacious closets all within 425 sq ft. The building features a 24-hour doorman and concierge service, private storage for each apartment, garage, stylish lobby, secure bicycle room, card-operated laundry facility and live-in superintendent. This ideal location is close to the subway, buses, Grand Central Station, and is close walking distance to Central Park and the best of New York shopping and restaurants. (A tenant is in place until 1st December 2018).

Last Agent to Sell the Property

Dominic Longcroft

Sothebys International Realty License #10301214121 Listed on: 10/01/2018

Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 1956

Lot Details

  • North Facing Home

HOA Fees

  • $562 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 425 Sq Ft Home
  • City Views

Community Details

Overview

  • 156 Units
  • Midtown Central Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,048

Year Built

Built in 1956

Lot Details

0

HOA Fees

$562 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Living Area: 425.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 562.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 14560.0
  • Lot Size Dimensions: 100.42 x 145.0

Building Info

  • New Construction: No
  • Units: 156
  • Total Stories: 16
  • Year Built: 1956

Tax Info

  • Tax Block: 0
  • Tax Annual: 9048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2025
Closed on
Jun 25, 2025
Sold by
Bae Jeong Seok
Bought by
Otero Manuel Gustavo
Seller's Agent
Edward Liao
Brown Harris Stevens Residential Sales LLC
List Price
$595,000
Sold Price
$595,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$395,000
Outstanding Balance
$395,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,408

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 13, 2018
Sold by
Han Lili and % Kaplan Fox & Kilsheimer Llp
Bought by
Seok Bae Jeong
Seller's Agent
Dominic Longcroft
Sothebys International Realty
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Jun 6, 2007
Sold by
Faria Wanie Elia and Faria Frank D'Errico
Bought by
Kim Brian W and Kim Melody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,207
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1999
Sold by
Yamashiro Katsumi
Bought by
Fileti Vilson and Faria Wania Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $595,000 --
Deed $480,000 --
Deed $425,000 --
Deed $425,000 --
Bargain Sale Deed $165,000 --
Bargain Sale Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,000 Purchase Money Mortgage
Previous Owner $359,207 Purchase Money Mortgage
Previous Owner $115,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $595,000 0.0% $1,219 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $595,000 +24.0% $1,219 / Sq Ft
11/14/2022 11/14/22 Off Market $480,000 -- --
12/12/2018 12/12/18 Sold $480,000 -3.0% $1,129 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $495,000 -- $1,165 / 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 $10,258 $82,832 $12,313 $70,519
2024 $10,258 $82,051 $12,313 $69,738
2023 $9,809 $79,962 $12,313 $67,649
2022 $7,930 $84,351 $12,313 $72,038
2021 $9,544 $82,073 $12,313 $69,760
2020 $9,706 $90,828 $12,313 $78,515
2019 $9,456 $88,308 $12,313 $75,995
2018 $9,051 $85,593 $12,313 $73,280
2017 $8,329 $72,429 $12,313 $60,116
2014 $5,658 $62,783 $12,313 $50,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10789930

Real Estate Board of New York (REBNY)

APN: 1310-1325