NOT LISTED FOR SALE

Estimated Value: $446,000 - $524,865

-- Bed
1 Bath
461 Sq Ft
$848/mo HOA Fee

Last Sold March 07, 2023

Last sale price $450,000 $976 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,152/month

110 Days on Market

About This Home

As of March 2023

SUTTON PLACE SERENITY!



Move right in to this pin drop quiet studio at 40 Sutton Place - the only CONDO on peaceful Sutton Place. A sweet layout offers a renovated kitchen with ample cabinetry and counter space, an inviting living area with restful sleeping area, a sparkling clean bathroom and gleaming wood floors.



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. Sutton Place is a peaceful River enclave right in the heart of Manhattan, adjacent to the Bridge nearby making for an easy commute out east or Connecticut, and walkable to work for those working in midtown, the United Nations and the medical corridor just north of the Bridge. Easy access to the FDR Drive highway makes for a quick ber ride to Wall Street. It offers close proximity to shopping at Whole Foods, Trader Joes and Midtown Catch, and excellent dining such as Mr. Chow's, Morso and Bistro Vendome, which are neighborhood favorites. Relax in the peacefulness of Sutton Place Park or enjoy a bike ride or stroll along the new serene East River Esplanade.

Last Agent to Sell the Property

Ann Marie Folan

Douglas Elliman Real Estate License #10301207775 Listed on: 09/20/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,264

Year Built

  • Built in 1966

Lot Details

  • 6,970

HOA Fees

  • $848 Monthly HOA Fees

Home Design

  • 461 Sq Ft Home
  • Entry on the 7th floor

Additional Features

  • 1 Full Bathroom
  • Washer Dryer Allowed

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

$9,264

Year Built

Built in 1966

Lot Details

0

HOA Fees

$848 per month

Listing Details

  • Cross Street: EAST 58 STREET and EAST 59 STREET
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 461.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 848.0
  • 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: 9264.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Mar 8, 2023
Sold by
Fernmern Realty Llc
Bought by
Moreira Ferreira Gian C and Sales Moreira Helena
Seller's Agent
Ann Marie Folan
Douglas Elliman Real Estate
List Price
$450,000
Sold Price
$450,000
Views
12
Current Estimated Value
$472,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,966
Avg. Annual Appreciation
-0.03%
Original Mortgage
$315,000
Outstanding Balance
$306,153
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,533

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 10, 2015
Sold by
Tsereteli Vasili
Bought by
Fernmern Realty Llc
Seller's Agent
Harry DiOrio
Compass
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%

Purchase Details

Closed on
Aug 29, 2013
Sold by
Tsereteli Zurab
Bought by
Tsereteli Vasili

Purchase Details

Closed on
May 17, 1995
Sold by
Della Phyllis and Della Joanne
Bought by
Tsereteli Zurab and Tsereteli Vasili
Source: Public Records

Range of Values:

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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
Moreira Ferreira Gian C $450,000 --
Fernmern Realty Llc $440,000 --
Tsereteli Vasili -- --
Tsereteli Zurab $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Ferreira Gian C $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $450,000 0.0% $976 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
09/20/2022 09/20/22 For Sale $450,000 +2.3% $976 / Sq Ft
09/02/2015 09/02/15 Sold $440,000 +3.5% $954 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $425,000 -- $922 / 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 $9,669 $79,523 $11,595 $67,928
2024 $9,669 $77,340 $11,595 $65,745
2023 $7,711 $77,003 $11,595 $65,408
2022 $9,241 $77,159 $11,595 $65,564
2021 $9,302 $80,512 $11,595 $68,917
2020 $9,279 $88,840 $11,595 $77,245
2019 $8,798 $83,452 $11,595 $71,857
2018 $8,417 $80,535 $11,595 $68,940
2017 $7,966 $78,903 $11,596 $67,307
2016 $7,769 $79,881 $11,595 $68,286
2015 $4,657 $75,569 $11,596 $63,973
2014 $4,657 $74,300 $11,595 $62,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10832020

Real Estate Board of New York (REBNY)

APN: 1370-1050