$5,500,000
SOLD MAY 13, 2019
3 Beds
3 Baths
2,367 Sq Ft
$3,752/mo HOA Fee

Recently Sold

$2,324 Per Sq Ft

641 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 59 Street (4,5,6 Line)
  • Central Air
  • P.S. 59 Beekman Hill International Rated A
  • City View
  • 4-minute walk to Tramway Plaza

About This Home

As of April 2024

CATHEDRAL 20 FT HIGH CEILINGS OVERLOOKING NEW YORK CITY!

SPECTACULAR CENTRAL PARK, CITY, RIVER, BRIDGE VIEWS!

This sensational and light-flooded duplex apartment is located in the prestigious ?Place 57? tower, a ?Baccarat? inspired boutique building in the heart of Midtown Manhattan. Nestled on the 34th and 35th floors, this breathtaking home offers a dramatic one-of-a-kind, double-height living/dining room with soaring glass windows overlooking Central Park and the Manhattan skyline. The modern condominium, perfect for entertaining as well as relaxed living, features three generously sized bedrooms, each with an en suite bathroom, and a large eat-in kitchen fitted with the latest Viking appliances and granite countertops. Place 57 is a full-service building designed by Ismael Levya, with interiors by acclaimed designer Vincent Wolfe and featuring a state-of-the-art fitness facility, children?s playroom and garden.

Also available for rent.

Last Agent to Sell the Property

Robert Saar

ENGEL & VOLKERS NEW YORK CITY License #30SA0777691 Listed on: 06/28/2017

ENGEL & VOLKERS NEW YORK CITY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,260

Year Built

  • Built in 2005

HOA Fees

  • $3,752 Monthly HOA Fees

Interior Spaces

  • 2,367 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 1331

Community Details

Overview

  • Midtown East Subdivision
  • 36-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,260

Year Built

Built in 2005

Lot Details

0

HOA Fees

$3,752 per month

Listing Details

  • Cross Street: Second Avenue/Third Avenue
  • Exposures: East,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 34
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 36

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 2367.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Garden, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3752.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 36
  • Year Built: 2005

Tax Info

  • Tax Block: 1331
  • Tax Lot: 7503
  • Tax Annual: 37260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Apr 11, 2024
Sold by
Place 57 3B Llc
Bought by
Peter Parker Holdings Inc
Seller's Agent
Georgia Kaporis
Douglas Elliman Real Estate
List Price
$4,250,000
Sold Price
$4,175,000
Premium/Discount to List
-$75,000
-1.76%
Total Days on Market
641
Views
221
Current Estimated Value
$3,906,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,807
Avg. Annual Appreciation
-5.44%

Purchase Details

Listed on
Jun 28, 2017
Closed on
May 13, 2019
Sold by
Faruqui Farhan and Robb Saar %
Bought by
Place 57 3B Llc
Seller's Agent
Robert Saar
ENGEL & VOLKERS NEW YORK CITY
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%
Original Mortgage
$1,010,985
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2013
Sold by
Dayan Grace and Dayan Jacob J
Bought by
Faruqui Farhan and Faruqui Shahneela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
205-209 East 57Th Street Associates Llc
Bought by
Dayan Grace and Dayan Jack
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 Type Sale Price Title Company
Deed $4,175,000 --
Deed $4,175,000 --
Deed $5,250,000 --
Deed $5,250,000 --
Deed $5,950,000 --
Deed $5,950,000 --
Deed $4,047,544 --
Deed $4,047,544 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 Unknown
Previous Owner $1,010,985 Purchase Money Mortgage
Previous Owner $2,950,000 Purchase Money Mortgage
Previous Owner $10,886 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $4,175,000 -1.8% $1,696 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $4,250,000 +1.8% $1,727 / Sq Ft
01/09/2024 01/09/24 Off Market $4,175,000 -- --
01/08/2024 01/08/24 For Sale $4,250,000 0.0% $1,727 / Sq Ft
10/26/2023 10/26/23 Off Market $4,250,000 -- --
10/20/2023 10/20/23 For Sale $4,250,000 -22.7% $1,727 / Sq Ft
05/13/2019 05/13/19 Sold $5,500,000 0.0% $2,324 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
06/29/2017 06/29/17 For Sale $5,500,000 -- $2,324 / 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
2024 $52,249 $417,928 $51,630 $366,298
2023 $51,054 $416,191 $51,630 $364,561
2022 $50,561 $415,290 $51,630 $363,660
2021 $47,767 $389,397 $51,630 $337,767
2020 $50,404 $434,160 $51,630 $382,530
2019 $40,033 $421,844 $51,630 $370,214
2018 $45,255 $405,575 $51,630 $353,945
2017 $35,339 $387,524 $51,630 $335,894
2016 $33,897 $371,437 $51,630 $319,807
2015 $9,065 $337,389 $51,630 $285,759
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10421318

Real Estate Board of New York (REBNY)

APN: 1331-1367