NOT LISTED FOR SALE

Estimated Value: $589,000 - $677,000

-- Bed
1 Bath
514 Sq Ft
$472/mo HOA Fee

Last Sold May 19, 2021

Last sale price $530,000 $1,031 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,451/month

136 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Lexington Avenue-53 Street
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • Garage
  • South Facing Home

About This Home

As of May 2021

Wow, a rarely available A-line apartment; exceptional location, over 500 sq feet, and a price you can't beat in the heart of Midtown! Check out the 3D virtual tour here: Welcome home to this spacious pin-drop quiet alcove studio with southern exposure, bringing you tons of light. The apartment itself speaks for itself, once you have seen it in person, of course. Enjoy 8-foot ceilings, cherry hardwood floors, oversized windows, 3 spacious closets, and through the wall AC unit to keep you cool in the summertime, which also offers steam heat in the winter. The kitchen boasts space, full-size appliances, like new custom-cabinets, and granite countertops. The bathroom was not ignored, which also offers space and marble throughout. Your apartment can easily be converted into a junior 1 bed; great investment opportunity also! This luxurious post-war condominium is well-run and has friendly staff. There are recent upgrades to the entrance and facade, leading to a lovely mahogany and marble lobby. 24-hour full-time doorman, live-in super, key-card laundry room, bike room, pet friendly, pied-a-terre permitted, co-purchasing permitted, storage, and garage available in the basement (additional fees apply). Minutes away from Central Park, museums, Whole Foods, Bloomingdale's, Bergdorf Goodman, Saks Fifth Avenue, Tiffany's, and other superlative shopping conveniently close. Perfectly located near Grand Central Station, the 4, 5, 6, E, M N, R, W, F, and Q trains. For an immediate showing, feel free to call, text, or email me. Check out the 3D virtual tour here as well:

Last Agent to Sell the Property

Shagarri McCrary

Howard Hanna NYC License #10401315651 Listed on: 10/08/2020

Howard Hanna NYC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1956

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 514 Sq Ft Home
  • Entry on the 9th floor

Additional Features

  • 1 Full Bathroom
  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tax Block 1310

Community Details

Overview

  • 156 Units
  • 140 E 56Th Street Condominium Condos
  • Midtown East Subdivision
  • 15-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,220

Year Built

Built in 1956

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Cross Street: Lexington Avenue & Third Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 9
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Living Area: 514.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 472.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 145.0 x 100.0

Building Info

  • New Construction: No
  • Building Name: 140 E 56TH STREET CONDOMINIUM
  • Units: 156
  • Total Stories: 15
  • Year Built: 1956

Tax Info

  • Tax Block: 1310
  • Tax Annual: 8220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
May 20, 2021
Sold by
Kong David L and Kong Lup Sing
Bought by
Chaldyshev Alexander
Seller's Agent
Shagarri McCrary
Howard Hanna NYC
List Price
$600,000
Sold Price
$530,000
Premium/Discount to List
-$70,000
-11.67%
Current Estimated Value
$616,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,643
Avg. Annual Appreciation
3.39%
Original Mortgage
$477,000
Outstanding Balance
$429,978
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,665

Purchase Details

Closed on
Aug 27, 2002
Sold by
Lopez Rebecca H
Bought by
Kong David L and Liang Su Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Brison Daniel
Bought by
Lopez Rebecca Hernaez

Purchase Details

Closed on
Aug 19, 1997
Sold by
Lee Henry U and Jelic Zorica
Bought by
Brison Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chaldyshev Alexander $530,000 --
Kong David L -- --
Lopez Rebecca Hernaez $160,000 Commonwealth Land Title Ins
Brison Daniel $130,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaldyshev Alexander $477,000
Previous Owner Kong David L $200,000
Previous Owner Brison Daniel $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $530,000 -11.7% $1,031 / Sq Ft
10/08/2020 10/08/20 For Sale $600,000 0.0% $1,167 / Sq Ft
02/26/2014 02/26/14 For Rent $2,400 -- --
02/26/2014 02/26/14 Rented -- -- --
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 $8,780 $70,872 $12,963 $57,909
2024 $8,780 $70,232 $12,963 $57,269
2023 $6,927 $68,451 $12,963 $55,488
2022 $6,790 $72,277 $12,963 $59,314
2021 $8,181 $70,401 $12,963 $57,438
2020 $8,266 $77,610 $12,963 $64,647
2019 $8,061 $75,536 $12,963 $62,573
2018 $7,730 $73,301 $12,964 $60,337
2017 $7,063 $62,461 $12,963 $49,498
2016 $6,917 $65,906 $12,963 $52,943
2015 $3,984 $62,520 $12,963 $49,557
2014 $3,984 $51,694 $12,963 $38,731
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10678058

Real Estate Board of New York (REBNY)

APN: 1310-1390