NOT LISTED FOR SALE

Estimated Value: $4,752,626 - $5,575,000

2 Beds
2.5 Baths
2,309 Sq Ft
1929 Built

Last Sold April 17, 2024

Last sale price $5,225,000 $2,263 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $34,659/month

47 Days on Market

Highlights

  • 1 Fireplace
  • 5-minute walk to 68 Street-Hunter College
  • Children's Playroom
  • East Side Elementary School, P.S. 267 Rated A
  • Terrace
  • High-Rise Condominium

About This Home

As of April 2024

TERRACED Pre-war condominium between Madison and Park Avenues. Located on the corner of Madison Avenue and 66th Street, this expansive 2,309sf home offers 2 bedrooms, 2.5 bathrooms plus a formal dining room and is enhanced by a 482sf private terrace. Constructed in 1929 by Rosario Candela and renovated in 2008, 40 East 66th Street is the premiere white glove Upper Eastside condominium combining modern luxury with classic pre-war elegance.

A large entry gallery with beautiful herringbone floors, beamed ceilings and crown molding anchors the apartment and opens to the living room and dining room. The spacious living room is punctuated with a handsome limestone wood burning fireplace and tree top views over Madison Avenue. Opposite the living room, the formal dining room provides ample space for entertaining casually or on a larger scale. There is a spacious multi-windowed chef's eat-in kitchen equipped with Sub-Zero refrigerator, Viking six burner range and oven, Miele dishwasher, marble counter tops and custom cabinetry. A butler's pantry, with wine fridge is adjacent the dining room. The corner primary bedroom suite faces both south and west and has access to a 48' private terrace. The luxuriously appointed windowed primary bath is finished with dual vanity, large soaking tub and stall shower. A second corner bedroom suite features an equally luxurious and expansive windowed bathroom. The classic layout is complete with a half bath tucked away off the entry gallery, a home office, laundry closet and additional storage in the basement.

Residents of this pet-friendly, full-service condominium enjoy a full-time doorman, live-in resident manager, fitness room, kid's playroom, storage, bike storage and central laundry. Located just one block from Central Park and situated in the center of the Upper East Side's world renowned boutiques, restaurants and galleries.

Last Agent to Sell the Property

Chris Kann

Corcoran Group License #40KA0922313 Listed on: 01/05/2024

Corcoran Group

Co-Listed By

Jennifer Ireland Kubis

Corcoran Group License #10301209667

Last Buyer's Agent

Madeline Elghanayan

Douglas Elliman Real Estate License #10301208221

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1929

HOA Fees

  • $4,315 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,309 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1004 / 01380

Community Details

Overview

  • 33 Units
  • High-Rise Condominium
  • Lenox Hill Subdivision
  • 13-Story Property

Amenities

  • Children's Playroom

Property Details

Home Type

Condominium

Year Built

Built in 1929

Lot Details

0 Sq Ft Lot

HOA Fees

$4,315 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 2
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Interior Features: Separate/Formal Dining Room, Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2309.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, In Unit
  • Green Building Features: Common Playroom, Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4315.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 33
  • Total Stories: 13
  • Year Built: 1929

Tax Info

  • Tax Block: 01380
  • Tax Lot: 1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 17, 2024
Sold by
Chatham Holdings Llc
Bought by
Kubasik Christopher and Kubasik Jane
Seller's Agent
Chris Kann
Corcoran Group
Buyer's Agent
Madeline Elghanayan
Douglas Elliman Real Estate
List Price
$5,250,000
Sold Price
$5,225,000
Premium/Discount to List
-$25,000
-0.48%
Views
127
Current Estimated Value
$5,164,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,843
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Oct 23, 2013
Sold by
Emma Holdings Llc and % Saldo Properties Llc
Bought by
Chatham Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,152,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2010
Sold by
Vornado 40 East 66Th Street Llc and % Vornado Realty Trust 210 Route 4 Eas
Bought by
Emma Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kubasik Christopher $5,225,000 --
Kubasik Christopher $5,225,000 --
Chatham Holdings Llc $4,850,000 --
Chatham Holdings Llc $4,850,000 --
Emma Holdings Llc $4,250,000 --
Emma Holdings Llc $4,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatham Holdings Llc $3,152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2024 04/17/24 Sold $5,225,000 -0.5% $2,263 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $5,250,000 0.0% $2,274 / Sq Ft
06/23/2023 06/23/23 Rented $16,000 -5.9% --
06/09/2023 06/09/23 Price Changed $17,000 -10.5% $7 / Sq Ft
05/22/2023 05/22/23 Price Changed $19,000 0.0% $8 / Sq Ft
05/22/2023 05/22/23 For Rent $19,000 -5.0% --
03/17/2023 03/17/23 Off Market $20,000 -- --
01/04/2023 01/04/23 For Rent $20,000 +5.3% --
06/18/2021 06/18/21 Rented -- -- --
12/31/2020 12/31/20 Off Market -- -- --
04/11/2020 04/11/20 For Rent $19,000 -- --
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 $32,982 $273,265 $208,449 $64,816
2024 $32,982 $263,812 $208,449 $55,363
2023 $32,259 $262,976 $208,449 $54,527
2022 $30,521 $249,453 $208,449 $41,004
2021 $30,600 $249,453 $208,449 $41,004
2020 $31,228 $276,294 $208,449 $67,845
2019 $30,198 $270,083 $208,449 $61,634
2018 $29,201 $244,748 $208,449 $36,299
2017 $28,431 $231,134 $208,449 $22,685
2016 $28,241 $229,549 $208,449 $21,100
2015 $21,032 $221,687 $208,449 $13,238
2014 $21,032 $220,832 $208,449 $12,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10949740

Real Estate Board of New York (REBNY)

APN: 1380-1004

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