$1,485,000
SOLD SEP 7, 2023
1 Bed
1.5 Baths
-- Sq Ft
$2,267/mo HOA Fee

Recently Sold

7% Below List Price

2 Days on Market

Highlights

  • City View
  • 3-minute walk to 5 Avenue-59 Street
  • Pre War Building
  • East Side Elementary School, P.S. 267 Rated A
  • 6,828 Sq Ft lot
  • 4-minute walk to Grand Army Plaza

About This Home

As of September 2023

ACCEPTED OFFER

Just listed - Must See

This Elegant 1 Bedroom, 1 1/2 bath located on one of the most sought after blocks in Lenox Hill, features a Massive Living/Dining space, a lovely quaint Kitchen, and ample closet space. The Master Bedroom enjoys a walk in closet and is large enough for a king size bed.

40 East 61st Street is a pet friendly pre-war full service Condo offering a live in super, 24hour doorman, laundry facility and storage units (available for rent). It is Located one block from Central Park, and in the heart of some of the cities best dining and shopping that the Upper Eastside has to offer.

Last Agent to Sell the Property

Tracy Teofilo

Compass License #40TE0927063 Listed on: 05/22/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,256

Year Built

  • Built in 1928

Lot Details

  • North Facing Home

HOA Fees

  • $2,267 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • Entrance Foyer
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom

Listing and Financial Details

  • Tax Block 01375

Community Details

Overview

  • 36 Units
  • Lenox Hill Subdivision
  • 20-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,256

Year Built

Built in 1928

Lot Details

0

HOA Fees

$2,267 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2267.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 6828.0
  • Lot Size Dimensions: 68.0 x 100.0

Building Info

  • New Construction: No
  • Units: 36
  • Total Stories: 20
  • Year Built: 1928

Tax Info

  • Tax Block: 01375
  • Tax Annual: 14256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Sep 7, 2023
Sold by
Texas Development Industries Corporation
Bought by
Shiv Shanker Llc
Seller's Agent
Tracy Teofilo
Compass
List Price
$1,600,000
Sold Price
$1,485,000
Premium/Discount to List
-$115,000
-7.19%
Views
265
Current Estimated Value
$1,341,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,874
Avg. Annual Appreciation
-1.26%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,485,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Rented $6,000 -13.7% --
03/28/2024 03/28/24 Under Contract -- -- --
03/19/2024 03/19/24 For Rent $6,950 0.0% --
03/18/2024 03/18/24 Off Market $6,950 -- --
02/22/2024 02/22/24 Price Changed $6,950 -7.3% --
11/17/2023 11/17/23 Price Changed $7,500 -5.7% --
11/10/2023 11/10/23 For Rent $7,950 0.0% --
09/07/2023 09/07/23 Sold $1,485,000 -7.2% --
05/25/2023 05/25/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,600,000 -- --
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 $30,382 $247,587 $51,459 $196,128
2024 $30,382 $243,021 $51,459 $191,562
2023 $28,984 $236,277 $51,459 $184,818
2022 $28,199 $250,110 $51,459 $198,651
2021 $26,807 $218,529 $51,459 $167,070
2020 $27,871 $243,195 $51,459 $191,736
2019 $26,886 $237,488 $51,459 $186,029
2018 $26,120 $220,817 $51,459 $169,358
2017 $25,372 $209,779 $51,459 $158,320
2016 $25,182 $205,982 $51,459 $154,523
2015 $14,529 $191,839 $51,459 $140,380
2014 $14,529 $198,425 $51,459 $146,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10885654

Real Estate Board of New York (REBNY)

APN: 1375-1028