Sterling Plaza 255 E 49th St Unit PHB New York, NY 10017
Turtle Bay Neighborhood
4
Beds
5
Baths
3,256
Sq Ft
$5,168/mo
HOA Fee
Highlights
- Concierge
- River View
- Cooling Available
- P.S. 59 Beekman Hill International Rated A
- 2 Fireplaces
- 3-minute walk to Greenacre Park
About This Home
As of March 2025Boasting spectacular open city views that encompass the iconic Manhattan skyline including the Chrysler Building and the East River, this remarkable penthouse offers an unparalleled vantage point to immerse yourself in the beauty and energy of the city. Spanning an impressive 3,256 square feet of interior space, this home exudes grandeur and refinement. There are four bedrooms or three and a library, three full bathrooms and two powder rooms. The entertaining rooms include a corner living room, a formal dining room, and a windowed kitchen. There is a rooftop terrace that is approximately 1,600 square feet which offers the perfect outdoor oasis against the backdrop of breathtaking views as well as having a second full kitchen. There are 10-foot ceilings, three-zone central air conditioning, two wood-burning fireplaces, and herringbone floors.
The living spaces within this penthouse are thoughtfully designed to cater to every need. Off a semi-private elevator landing is an entrance gallery, an elegant powder room and a coat closet. A corner living room with a wood-burning fireplace sets the tone for sophisticated gatherings; the room is 27'3" long and has two walls of windows with picturesque views and a wet bar with a sink. There is a formal dining room which offers the perfect setting for hosting memorable dinners, and a windowed kitchen.
The primary suite is in the corner facing south and west; the bedroom is 27-feet long and has five closets two of which are dressing rooms. There is a windowed en-suite primary bathroom that has two sinks, a deep-soaking bathtub and a separate oversized shower. There are three additional bedrooms or two and a library, and two full bathrooms. There is a laundry area with a washer/dryer.
Up a sweeping windowed staircase is the incredible private roof terrace which has mesmerizing views, multiple seating areas as well as the second kitchen and powder room.
Sterling Plaza is a full-service condominium with a full-time doorman, live in resident manager and a central laundry room. There is a capital assessment of $2,086/month February through December 2025.
Last Agent to Sell the Property
Corcoran Group License #40FR0710876 Listed on: 06/03/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $46,265
Year Built
- Built in 1985
HOA Fees
- $5,168 Monthly HOA Fees
Property Views
- River
Interior Spaces
- 3,256 Sq Ft Home
- 2 Fireplaces
- Library with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Utilities
- Cooling Available
Listing and Financial Details
- Legal Lot and Block 1094 / 01323
Community Details
Overview
- 172 Units
- Sterling Plaza Condos
- Turtle Bay Subdivision
- Property has 2 Levels
Amenities
- Concierge
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2003
Sold by
Ufj Bank Limited A Merge Of Sanwa Bank and Tokai Bank Limited
Bought by
Sabharwal Mohit and Sabharwal Nisha
Total Days on Market
247
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$457,048
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,022,005
Similar Homes in New York, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | No Value Available | |
| Open | $950,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $4,500,000 | +13.9% | $1,382 / Sq Ft |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | Price Changed | $3,950,000 | -20.8% | $1,213 / Sq Ft |
| 06/04/2024 06/04/24 | For Sale | $4,990,000 | -- | $1,533 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $46,265 | $381,062 | $37,737 | $343,325 |
| 2024 | $46,265 | $370,057 | $37,737 | $328,851 |
| 2023 | $44,230 | $360,561 | $44,676 | $315,885 |
| 2022 | $43,681 | $409,739 | $37,737 | $372,002 |
| 2021 | $41,471 | $338,070 | $37,737 | $300,333 |
| 2020 | $41,556 | $370,328 | $55,085 | $315,243 |
| 2019 | $39,429 | $332,370 | $55,085 | $277,285 |
| 2018 | $38,153 | $334,588 | $55,086 | $279,502 |
| 2017 | $36,129 | $334,126 | $55,085 | $279,041 |
| 2016 | $34,460 | $311,990 | $55,085 | $256,905 |
| 2015 | $13,869 | $262,815 | $55,086 | $207,729 |
| 2014 | $13,869 | $256,326 | $55,086 | $201,240 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Cathy Franklin
Corcoran Group
(917) 863-8209
1 in this area
104 Total Sales
-
Seller Co-Listing Agent in 2025
Alexis Bodenheimer
Corcoran Group
(917) 446-6506
1 in this area
69 Total Sales
About Sterling Plaza
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10982277
APN: 1323-1153
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
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