NOT LISTED FOR SALE

Estimated Value: $3,224,967 - $6,864,000

3 Beds
2.5 Baths
2,435 Sq Ft
$4,236/mo HOA Fee

Last Sold June 26, 2019

Last sale price $7,975,000 $3,275 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $37,141/month

38 Days on Market

Highlights

  • Pre War Building
  • 5-minute walk to 68 Street-Hunter College
  • Wood Burning Fireplace
  • East Side Elementary School, P.S. 267 Rated A
  • Laundry Facilities

About This Home

As of June 2019

Modern luxury meets historic prewar elegance in this high floor, high ceiling, three bedroom, two and a half bath home located at the corner of Madison Avenue and East 66th street. The minute you enter the sophisticated marble lobby you feel the beauty of Rosario Candela's architecture. With only 3 apartments per floor and separate elevators for each, your privacy is secured. The elevator opens to your private landing and windowed entry gallery. The gallery leads to the expansive great room with four large windows facing north over 66th Street and views of the storied Fred Leighton building and the Upper East Side. This light and bright room with working limestone fireplace is the perfect space for entertaining or just spreading out as a family. Behind the great room is the chef's kitchen complete with Viking Stove, Subzero refrigerator and wine cooler, Miele dishwasher, and Sharp microwave drawer. Enjoy the timeless finishes of white marble and lacquered shaker cabinets in this classic windowed kitchen. Completing the public space of this home is the most beautiful power room. Separating the bedrooms from the entertaining space is part of the Candela design aesthetic and 11A offers this privacy. Down a long hall are three generous bedrooms, each with lots of windows and ample closets. The master has three windows and two exposures with open views and tons of light. The windowed master bath offers the owner a double vanity and the luxury of both a shower and tub. In addition, there is a washer/dryer and marble bath in the bedroom hallway. 40 East 66th Street is a full-service, white glove, prewar condominium designed by Rosario Candela in 1929 and converted to condos in 2009. Residents of the building enjoy full-time doorman and concierge service, gym, playroom, and bike storage. This luxury home is surrounded by one of the best neighborhoods in the world boasting renowned shopping, five star restaurants, art galleries and Central Park. Please inquire for your private showing.

Last Agent to Sell the Property

Karen Schneidman

Berkshire Hathaway HomeServices New York Properties License #30SC0942947 Listed on: 04/30/2019

Berkshire Hathaway HomeServices New York Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,860

Year Built

  • Built in 1929

Lot Details

  • 10,062

HOA Fees

  • $4,236 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 2,435 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling

Community Details

Overview

  • Upeast Subdivision
  • 15-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,860

Year Built

Built in 1929

Lot Details

0

HOA Fees

$4,236 per month

Listing Details

  • Cross Street: Park & Madison Avenues
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: UPEAST
  • Architectural Style: Prewar
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Appliances: Dryer, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2435.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4236.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 15
  • Year Built: 1929

Tax Info

  • Tax Block: 0
  • Tax Annual: 28860.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 26, 2019
Sold by
Deklerk J Paul and % : Withers Bergman Llp
Bought by
Iala Holdings Llc
Seller's Agent
Karen Schneidman
Berkshire Hathaway HomeServices New York Properties
List Price
$8,500,000
Sold Price
$7,975,000
Premium/Discount to List
-$525,000
-6.18%
Current Estimated Value
$5,356,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,618,258
Avg. Annual Appreciation
-6.11%

Purchase Details

Closed on
Feb 17, 2009
Sold by
Vornado 40 East 66Th Street Llc
Bought by
Deklerk Constance Suzanne and Isaac Da Costalaan 36
Source: Public Records

Range of Values:

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Average Value
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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
Iala Holdings Llc $7,975,000 --
Deklerk Constance Suzanne $7,700,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $7,975,000 -6.2% $3,275 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $8,500,000 -- $3,491 / 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 $39,835 $330,044 $251,761 $78,283
2024 $39,835 $318,628 $251,761 $66,867
2023 $38,962 $317,617 $251,761 $65,856
2022 $36,862 $301,285 $251,761 $49,524
2021 $36,959 $301,285 $251,761 $49,524
2020 $31,116 $333,702 $251,761 $81,941
2019 $29,845 $326,201 $251,761 $74,440
2018 $35,269 $295,601 $251,760 $43,841
2017 $34,338 $279,160 $251,761 $27,399
2016 $34,108 $277,245 $251,761 $25,484
2015 $16,935 $267,750 $251,761 $15,989
2014 $16,935 $266,716 $251,761 $14,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10536892

Real Estate Board of New York (REBNY)

APN: 1380-1029