$585,000
SOLD NOV 22, 2024
1 Bed
1 Bath
500 Sq Ft
$895/mo HOA Fee

Recently Sold

$1,170 Per Sq Ft

2% Below List Price

228 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 7 Avenue (B,D,E Line)
  • Central Air
  • P.S. 111 Adolph S. Ochs Rated A-
  • Views
  • 4-minute walk to 745 Plaza

About This Home

As of November 2024

Tower 53 high floor Jr. 1 Bedroom with city views and a charming glimpse of Central Park. The apartment has beautiful newly refinished hardwood floors throughout, windowed bathroom with a tub plus four large closets and built-in closets in the bedroom.

The prime location of Tower 53 places you at the heart of NYC's most iconic attractions, including Central Park, Broadway, Rockefeller Center, MoMA, and Broadway Theaters. Convenience is at your fingertips with close proximity to D, E, N, R, Q & 1 subway lines, ensuring seamless connectivity to the rest of the city. Tower 53 features a 24-hour white glove doorman and concierge services, offering security and assistance at your convenience. Elevate your social gatherings on the beautiful rooftop deck, providing a picturesque backdrop of Central Park. With onsite parking available, your urban lifestyle is effortlessly accommodated.

Whether you're seeking the perfect starter home, a pied-à-terre, or a savvy investment opportunity, Tower 53 presents an unparalleled living experience in the heart of New York City. Embrace a lifestyle of sophistication and comfort in this exceptional residence.

Electric is included in your HOA. There is a $98.24 monthly fuel assessment.

Last Agent to Sell the Property

Lena Simpson

Compass License #30SI1000829

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,980

Year Built

  • Built in 1968

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 500 Sq Ft Home
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 1186 / 01006

Community Details

Overview

  • 208 Units
  • High-Rise Condominium
  • Theater District Subdivision
  • 38-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,980

Year Built

Built in 1968

Lot Details

0

HOA Fees

$895 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Theater District
  • Entry Level: 35
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 38

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: Park/Greenbelt
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 895.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 101.000000x119.000000

Building Info

  • New Construction: No
  • Units: 208
  • Total Stories: 38
  • Year Built: 1968

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01006
  • Tax Lot: 1186
  • Tax Annual: 10980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Nov 20, 2024
Sold by
Chia-Wen Hung
Seller's Agent
Lena Simpson
Compass
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Total Days on Market
228
Views
236
Current Estimated Value
$585,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17
Avg. Annual Appreciation
0.01%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Rao Swati
Bought by
Hung Chia-Wen

Purchase Details

Closed on
May 21, 2002
Sold by
Ami Properties Corp
Bought by
Rao Swati Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.92%

Purchase Details

Closed on
May 27, 1999
Sold by
Oxford Capital Corp
Bought by
Ami Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.95%

Purchase Details

Closed on
Mar 18, 1994
Sold by
J C Penney Company Inc
Bought by
E V Aviation Ltd

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $585,000 --
Deed $379,000 --
Deed $379,000 --
Deed -- --
Deed -- --
Bargain Sale Deed $92,000 Fidelity National Title Ins
Bargain Sale Deed $92,000 Fidelity National Title Ins
Condominium Deed -- --
Condominium Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 No Value Available
Previous Owner $30,000 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $585,000 +17105.9% $1,170 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
06/22/2024 06/22/24 Rented $3,400 +3.0% --
06/19/2024 06/19/24 Under Contract -- -- --
06/08/2024 06/08/24 For Rent $3,300 0.0% --
06/08/2024 06/08/24 Price Changed $595,000 0.0% $1,190 / Sq Ft
06/08/2024 06/08/24 For Sale $595,000 -0.7% $1,190 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/06/2024 04/06/24 Price Changed $599,000 -7.8% $1,198 / Sq Ft
02/10/2024 02/10/24 Price Changed $650,000 -3.7% $1,300 / Sq Ft
01/11/2024 01/11/24 For Sale $675,000 -- $1,350 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2024 $13,264 $108,414 $25,554 $82,860
2023 $11,131 $112,312 $25,554 $86,758
2022 $8,247 $113,582 $25,554 $88,028
2021 $13,520 $115,673 $25,554 $90,119
2020 $11,279 $128,121 $25,554 $102,567
2019 $10,422 $125,241 $25,554 $99,687
2018 $11,896 $117,465 $25,554 $91,911
2017 $11,224 $105,479 $25,554 $79,925
2016 $10,393 $109,798 $25,554 $84,244
2015 $5,503 $89,748 $25,554 $64,194
2014 $5,503 $88,508 $25,554 $62,954
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10967054

Real Estate Board of New York (REBNY)

APN: 1006-1186