$880,000
SOLD JUN 7, 2022
2 Beds
1.5 Baths
983 Sq Ft
$1,684/mo HOA Fee

Recently Sold

$895 Per Sq Ft

7% Below List Price

58 Days on Market

Highlights

  • East Facing Home
  • East Side Elementary School, P.S. 267 Rated A
  • 2-minute walk to Twenty-Four Sycamores Park

About This Home

As of June 2022

SUTTON PLACE BEAUTY WITH GORGEOUS VIEWS! Enjoy breathtaking East River and Bridge Views from every room of this corner sun splashed 2bd/1.5 ba CONDO. The H line is the best line in the CONDO and has been converted from its original 2 bedroom layout into an oversized one bedroom with home office, perfect for relaxation and seamless entertaining. This lovely home uniquely enjoys two exposures perfectly framing stunning BRIDGE AND RIVER VIEWS. An amazing opportunity to have a home with your own taste so bring your contractor to create the home of your dreams in the most peaceful neighborhood in NYC. The windowed center island kitchen offers ample cabinetry and counter space. The tranquil bedroom enjoys custom built ins and is the perfect space to relax under the warm glow of the Bridge as your nightlight. 4H offers the possibility to be converted back into a true bedroom.



40 Sutton Place is a full service luxury white glove CONDO that enjoys 24 hour doorman and concierge, supremely attentive resident manager, porter, central laundry room, and additional storage. Steps to Sutton East River Park, the new Sutton Place esplanade offering the most breathtaking views of the East River and the 59th Bridge, Whole Foods, Trader Joe's and amazing dining, shopping, entertainment, parks, museums and transportation options. A tennis lover's dream with the adjacent Sutton East Tennis Club. Sutton Place is a peaceful enclave with old world charm overlooking the majestic East River whose buildings' heights are controlled as a result of a recent unanimous decision of the City Planning Commission and some of NYCs most expensive real estate. A perfect pied-a-terre. Call Today!

Last Agent to Sell the Property

Ann Marie Folan

Douglas Elliman Real Estate License #10301207775 Listed on: 01/28/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,224

Year Built

  • Built in 1966

HOA Fees

  • $1,684 Monthly HOA Fees

Home Design

  • 983 Sq Ft Home
  • Entry on the 20th floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Washer Dryer Allowed
  • East Facing Home

Community Details

  • 74 Units
  • Middle East Side Subdivision
  • 10-Story Property

Listing and Financial Details

  • Tax Block 01370

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,224

Year Built

Built in 1966

Lot Details

0

HOA Fees

$1,684 per month

Listing Details

  • Cross Street: EAST 58 STREET and EAST 59 STREET
  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 20
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 983.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1684.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 74
  • Total Stories: 10
  • Year Built: 1966

Tax Info

  • Tax Block: 01370
  • Tax Annual: 19224.0

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
$869,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,082
Avg. Annual Appreciation
0.75%
Original Mortgage
$791,912
Outstanding Balance
$755,826
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,922
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 $880,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $791,912 Purchase Money Mortgage
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
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 $19,980 $164,325 $23,953 $140,372
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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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10775594

Real Estate Board of New York (REBNY)

APN: 1370-1027