NOT LISTED FOR SALE

215-217 W 40th St New York, NY 10018

Times Square Neighborhood

Estimated Value: $51,038,552

-- Bed
-- Bath
65,186 Sq Ft
$783/Sq Ft Est. Value

About This Home

This home is located at 215-217 W 40th St, New York, NY 10018 and is currently estimated at $51,038,552, approximately $782 per square foot. 215-217 W 40th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2015
Sold by
215 Enterprises Llc
Bought by
Heskel'S Capital Llc
Current Estimated Value
$51,038,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000,000
Outstanding Balance
$24,563,688
Interest Rate
4.01%
Mortgage Type
Commercial
Estimated Equity
$26,718,862

Purchase Details

Closed on
Jan 17, 2006
Sold by
Blue River Associates L P
Bought by
215 West 40Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,175,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2001
Sold by
215 West 40Th Street Co
Bought by
Blue River Associates L
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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Quantarium

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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
Heskel'S Capital Llc $52,500,000 --
215 Enterprises Llc -- --
Ec 215 Las Vegas Llc -- --
215 West 40Th Street Llc $25,000,000 --
Blue River Associates L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ec 215 Las Vegas Llc $31,000,000
Closed 215 Enterprises Llc $31,000,000
Previous Owner 215 West 40Th Street Llc $17,175,000
Source: Public Records

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 $644,894 $5,372,550 $1,395,000 $3,977,550
2024 $644,894 $6,088,500 $1,395,000 $4,693,500
2023 $672,538 $6,317,280 $1,395,000 $4,922,280
2022 $646,058 $6,007,050 $1,395,000 $4,612,050
2021 $562,847 $5,263,200 $1,395,000 $3,868,200
2020 $676,079 $6,887,700 $1,395,000 $5,492,700
2019 $628,873 $6,884,100 $1,395,000 $5,489,100
2018 $668,562 $6,814,800 $1,395,000 $5,419,800
2017 $662,268 $6,389,100 $1,395,000 $4,994,100
2016 $607,587 $5,746,050 $1,395,000 $4,351,050
2015 $292,624 $4,687,200 $1,395,000 $3,292,200
2014 $292,624 $7,504,650 $1,395,000 $6,109,650
Source: Public Records

Map

New York New York County New York 10018 Times Square

215-217 W 40th St, New York, NY

This home is located at 215-217 W 40th St, New York, NY 10018 and is currently estimated at $51,038,552, approximately $782 per square foot. 215-217 W 40th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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