NOT LISTED FOR SALE

Estimated Value: $654,000 - $880,483

1 Bed
1 Bath
742 Sq Ft
$397/mo HOA Fee

Last Sold December 06, 2022

Last sale price $782,000 $1,054 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,494/month

48 Days on Market

Highlights

  • Kitchen is in excellent condition
  • Pre War Building
  • Laundry Facilities
  • P.S. 59 Beekman Hill International Rated A
  • The community has rules related to allowing pied a terres
  • North Facing Home

About This Home

As of December 2022

Rarely available pre-war spacious 1 bedroom condominium!

This quiet, private residence at 350 East 54th Street boasts 8.5ft ceilings. At approximately 742 sf this well designed floor plan features a gracious windowed foyer that can function as a full dining room. The spacious open living room with north facing windows gets afternoon sunlight. The large primary bedroom has more than ample closet space and northern exposure with afternoon sunlight

The renovated, windowed kitchen with significant counter and cabinet space has stainless steel appliances.

A windowed bathroom with modern fixtures also has a spacious linen closet.

350 East 54th Street is a 6-floor, 60-unit prewar building with an elevator, voice intercom, live-in super, central laundry, and best of all, low monthlies! The prime address between First & Second Avenue in Sutton Place is minutes from all express trains, convenient to all shopping and great restaurants.

Monthly real estate taxes are approximate. Some images are virtually staged.

Last Agent to Sell the Property

Gail Schnabel Bomze

Compass License #40BO1021407 Listed on: 07/27/2022

Compass

Co-Listed By

Susan Hirschorn

Compass License #10401268744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1941

Lot Details

  • North Facing Home

HOA Fees

  • $397 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 3rd floor

Interior Spaces

  • 742 Sq Ft Home
  • Dining Area
  • Kitchen is in excellent condition

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7503 / 1346

Community Details

Overview

  • 2 Elevators
  • Sutton Place Subdivision
  • The community has rules related to allowing pied a terres
  • 6-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,600

Year Built

Built in 1941

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North
  • SponsorUnitYN: No
  • BuildingRules: PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sutton Place
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Living Area: 742.0
  • Living Area Units: Square Feet
  • Dining Type: Area
  • Kitchen Condition: Excellent
  • Floor Number: 3

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 397.0
  • 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
  • New Development: No
  • Elevators: 2
  • Landmark Status: No
  • Total Stories: 6
  • Year Built: 1941

Tax Info

  • Tax Block: 1346
  • Tax Lot: 7503
  • Building Tax Lot: 7503
  • Tax Annual: 9600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Dec 6, 2022
Sold by
Baeta Family Trust and Richard A Guarino Md As Trustee
Bought by
Fu Yan and Zhang Lynn
Seller's Agent
Gail Schnabel Bomze
Compass
List Price
$790,000
Sold Price
$782,000
Premium/Discount to List
-$8,000
-1.01%
Total Days on Market
48
Views
1
Current Estimated Value
$746,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,879
Avg. Annual Appreciation
-3.25%
Original Mortgage
$500,000
Outstanding Balance
$486,481
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,620

Purchase Details

Closed on
Feb 20, 2020
Sold by
Reis Juvenal
Bought by
Baeta Family Trust and Guarino Md Trustee Richard A

Purchase Details

Closed on
Mar 2, 2006
Sold by
Beltran Manuel
Bought by
Reis Juvenal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Fu Yan $782,000 --
Baeta Family Trust -- --
Reis Juvenal $585,000 --
Reis Juvenal $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Yan $500,000
Previous Owner Reis Juvenal $8,264
Previous Owner Reis Juvenal $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $782,000 -1.0% $1,054 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $790,000 -- $1,065 / 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 $13,888 $114,134 $21,653 $92,481
2024 $13,888 $111,090 $21,653 $89,437
2023 $11,038 $109,069 $21,653 $87,416
2022 $13,092 $112,550 $21,653 $90,897
2021 $12,584 $105,700 $21,653 $84,047
2020 $12,622 $116,360 $21,653 $94,707
2019 $12,498 $113,745 $21,653 $92,092
2018 $11,621 $109,770 $21,653 $88,117
2017 $11,090 $99,430 $21,653 $77,777
2016 $10,414 $97,464 $21,653 $75,811
2015 $5,259 $91,073 $21,653 $69,420
2014 $5,259 $77,257 $21,653 $55,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10835596

Real Estate Board of New York (REBNY)

APN: 1346-1248