NOT LISTED FOR SALE

Estimated Value: $624,000 - $1,121,284

1 Bed
2 Baths
983 Sq Ft
$857/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $880,000 $895 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,371/month

About This Home

As of June 2022

A unique and spacious one bedroom flex two bedroom is now available on Sutton Place. This sun-filled corner home offers breathtaking views of the 59th Street bridge, the East River, and the city skyline. The highlight of this home is its very spacious open living and dining area, perfect for both relaxing and entertaining. The custom-built open kitchen features a large center island, providing ample space for culinary activities. The main bedroom is large, boasting a wall of custom-built closets for your storage needs. Additionally, it includes an en-suite bathroom with a Jacuzzi bathtub. To add convenience, there is also a powder room and plenty of storage throughout the unit. This breathtaking property with unique finishes and great space is a must-see! 40 Sutton Place is a boutique condominium with a 24-hour doorman and a live-in superintendent. Laundry facilities, bike storage, and additional storage options are also available. Pets ok on a case by case approval by owners.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Jun 3, 2022
Sold by
Katen Karen
Bought by
Ballan Jonathan A and Ballan Sandra L
Seller's Agent
Ann Marie Folan
Douglas Elliman Real Estate
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Current Estimated Value
$842,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,679
Avg. Annual Appreciation
1.22%
Original Mortgage
$791,912
Outstanding Balance
$758,976
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,911
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ballan Jonathan A $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballan Jonathan A $791,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Rented $4,950 0.0% --
08/11/2023 08/11/23 For Rent $4,950 0.0% --
06/07/2022 06/07/22 Sold $880,000 -7.4% $895 / Sq Ft
01/28/2022 01/28/22 For Sale $950,000 -- $966 / Sq Ft

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
2024 $19,980 $159,812 $23,953 $135,859
2023 $19,314 $159,115 $23,953 $135,162
2022 $19,095 $159,437 $23,953 $135,484
2021 $19,222 $166,365 $23,953 $142,412
2020 $19,174 $183,575 $23,953 $159,622
2019 $18,323 $172,440 $23,953 $148,487
2018 $17,393 $166,413 $23,953 $142,460
2017 $16,463 $163,040 $23,953 $139,087
2016 $16,056 $165,062 $23,953 $141,109
2015 $7,928 $156,150 $23,953 $132,197
2014 $7,928 $153,537 $23,953 $129,584
Source: Public Records

Agents Affiliated with this Home

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