NOT LISTED FOR SALE

Estimated Value: $764,000 - $1,040,000

1 Bed
1 Bath
745 Sq Ft
$842/ mo HOA Fee

Last Sold November 29, 2021

Last sale price $925,000 $1,242 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,591/month

7 Days on Market

Highlights

  • City View
  • Balcony
  • Central Air
  • P.S. 59 Beekman Hill International Rated A
  • Entrance Foyer
  • 3-minute walk to Greenacre Park

About This Home

As of November 2021

This bright, beautiful, high-floor one-bedroom apartment in a full-service Midtown East condominium will win your heart with its airy open layout, fabulous city views, and modern kitchen with new countertops and appliances! Newly-installed hardwood floors add that perfect touch of richness and elegance. A wall of east-facing windows invites generous natural light into the large living room, with sliding glass doors leading to a private balcony a perfect retreat for relaxing outdoors and entertaining. Your generous bedroom comes with picture windows and large double closets for your belongings. Plus there are additional closets throughout, and a lovely full marble bath with tub/shower combo. Washer/dryers are permitted as well. Sterling Plaza at 255 East 49th Street is a luxurious, well-maintained condo residence with numerous amenities. These include a 24-hour doorman & concierge, live-in superintendent, newly-redesigned elevators & hallways, laundry, storage & bike rooms, a building-wide water filtration system, common outdoor space, parking garage, and pet-friendly policy. Here you'll enjoy a prime location close to Whole Foods, the United Nations, Theater District, 5th Avenue Shopping, Central Park, cultural institutions, top schools, and Grand Central Terminal to name a few. The coveted neighborhood also offers lots of parks, great restaurants, cafes, bars and boutiques. The 6, E & V subway lines are 2 blocks away at 51st Street, and the M14 & M49 buses stop at the corner. Come live in the heart of Manhattan!

Last Agent to Sell the Property

Orren Azani

Compass License #30AZ0949749 Listed on: 09/08/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,816

Year Built

  • Built in 1984

HOA Fees

  • $842 Monthly HOA Fees

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 745 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • East Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 1323

Community Details

Overview

  • Turtle Bay Subdivision
  • 33-Story Property

Amenities

  • Courtyard
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,816

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$842 per month

Listing Details

  • Cross Street: Third Avenue/Second Avenue
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 17
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 33

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Living Area: 745.0
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Balcony
  • Patio/Porch Features: Balcony

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: 842.0
  • 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: 33
  • Year Built: 1984

Tax Info

  • Tax Block: 1323
  • Tax Lot: 7501
  • Tax Annual: 9816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 29, 2021
Sold by
Sharma Avinash
Bought by
Kim Tara
Seller's Agent
Orren Azani
Compass
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$891,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,786
Avg. Annual Appreciation
-0.47%
Original Mortgage
$625,000
Outstanding Balance
$575,067
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,250

Purchase Details

Listed on
Oct 26, 2018
Closed on
Apr 17, 2019
Sold by
Jean A Cavallaro As Trustee
Bought by
Sharma Avinash
Seller's Agent
Eva Marie Bozsik
Corcoran Group
List Price
$918,888
Sold Price
$860,000
Premium/Discount to List
-$58,888
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$645,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2008
Sold by
Cavallaro Vic
Bought by
Cavallaro Jean A and Cavallaro Vito R

Purchase Details

Closed on
Mar 2, 2001
Sold by
Blau Dan
Bought by
Cavallaro Vic
Source: Public Records
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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
Kim Tara $925,000 --
Sharma Avinash $860,000 --
Cavallaro Jean A -- --
Cavallaro Vic -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Tara $625,000
Previous Owner Sharma Avinash $645,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $925,000 0.0% $1,242 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $925,000 +7.6% $1,242 / Sq Ft
04/17/2019 04/17/19 Sold $860,000 -6.4% $1,154 / Sq Ft View Prior Sale
03/18/2019 03/18/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $918,888 -- $1,233 / 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
2025 $13,343 $109,903 $10,882 $99,021
2024 $13,343 $106,730 $10,882 $94,848
2023 $10,524 $103,990 $12,883 $91,107
2022 $10,393 $118,176 $10,882 $107,294
2021 $11,961 $97,505 $10,882 $86,623
2020 $9,885 $106,808 $15,885 $90,923
2019 $11,464 $95,860 $15,885 $79,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10740605

Real Estate Board of New York (REBNY)

APN: 1323-1083

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