NOT LISTED FOR SALE

Estimated Value: $2,472,000 - $3,553,000

2 Beds
3 Baths
1,800 Sq Ft
$2,883/mo HOA Fee

Last Sold June 23, 2017

Last sale price $3,850,000 $2,139 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $22,812/month

251 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 59 Street (4,5,6 Line)
  • 4-minute walk to Tramway Plaza
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of June 2017

Magnificent, ultra-modern home with unsurpassed views! Your breath is taken away as you walk through the front door. There you will see 10 foot, floor to ceiling windows, throughout the apartment. Panoramic views of central Park to the planes landing at Kennedy is just the beginning. This state of the art, customized modern apartment has it all. Touch a key pad that will set your air-conditioning, electric blinds and audio to which ever room you desire. The Crestron system is unsurpassed. The internal speakers are placed perfectly and only you know where they are. The master bath has radiant heat and Dornbracht fixtures throughout. All doors are solid mahogany with French polishing. The customized eat in kitchen is a perfect place to relax with friends and relatives. Cook on the Viking stove and let the infinity views throughout warm you on cold winter night. There is a giant double door Subzero refrigerator and a hidden Viking dishwasher. Also a walk in pantry. There is only one other apartment on the floor,. Bloomingdale's, Tiffany's and Bergdorf's are just a few blocks away! Whole Foods is right across the street. Place 57 is a glass tower that features Baccarat crystal in the lobby and throughout. On-site amenities include a 24-hour concierge, residents lounge/meeting room, fitness center, an outdoor patio garden, and a children's playroom and a live in super..

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,992

Year Built

  • Built in 2005

HOA Fees

  • $2,883 Monthly HOA Fees

Home Design

  • 1,800 Sq Ft Home
  • Pre War Building
  • Entry on the 35th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

  • Place 57 Condos
  • Midtown Subdivision
  • 36-Story Property

Listing and Financial Details

  • Tax Block 1331

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,992

Year Built

Built in 2005

Lot Details

0

HOA Fees

$2,883 per month

Listing Details

  • Cross Street: Second & Third Avenues
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: MIDTOWN
  • Architectural Style: Prewar
  • Entry Level: 35
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 36

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2883.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: PLACE 57
  • Total Stories: 36
  • Year Built: 2005

Tax Info

  • Tax Block: 1331
  • Tax Annual: 19992.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Shirazi Desmund and Shirazi Lan T
Bought by
Shirazi Desmund and Shirazi Lan T
Current Estimated Value
$3,127,337

Purchase Details

Closed on
May 19, 2020
Sold by
Shirazi Desmund and Shirazi Lan
Bought by
As Trustees Of The Shirazi Family Trust

Purchase Details

Listed on
Sep 9, 2016
Closed on
Jun 22, 2017
Sold by
Wright Gregory G
Bought by
Shirazi Desmund and Shirazi Lan
List Price
$4,600,000
Sold Price
$3,850,000
Premium/Discount to List
-$750,000
-16.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.72%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Martinez Albert A and Pangratz Friedrich M
Bought by
Wright Gregory G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,432
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Place 57 Unit 35A Llc
Bought by
Martinez Albert A and Pangratz Friedrich M

Purchase Details

Closed on
Feb 16, 2007
Sold by
205-209 East 57Th Street Associates Llc
Bought by
Place 57 Unit 35A Llc
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 Buyer Sale Price Title Company
Shirazi Desmund -- --
As Trustees Of The Shirazi Family Trust -- --
Shirazi Desmund $3,850,000 --
Wright Gregory G -- --
Martinez Albert A $4,300,000 --
Place 57 Unit 35A Llc $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Gregory G $5,432
Previous Owner Martinez Albert A $1,075,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $3,850,000 -16.3% $2,139 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
09/14/2016 09/14/16 For Sale $4,600,000 -- $2,556 / 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 $40,955 $331,280 $40,469 $290,811
2024 $40,955 $327,585 $40,469 $287,116
2023 $40,784 $326,223 $40,469 $285,754
2022 $32,616 $325,517 $40,469 $285,048
2021 $37,442 $305,222 $40,469 $264,753
2020 $32,250 $340,309 $40,469 $299,840
2019 $24,883 $330,655 $40,469 $290,186
2018 $35,705 $317,903 $40,469 $277,434
2017 $27,700 $303,754 $40,469 $263,285
2016 $26,570 $291,144 $40,469 $250,675
2015 $10,658 $264,457 $40,469 $223,988
2014 $10,658 $226,352 $40,469 $185,883
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10473673

Real Estate Board of New York (REBNY)

APN: 1331-1368