$440,000
SOLD SEP 2, 2015
-- Bed
1 Bath
461 Sq Ft
$815/mo HOA Fee

Recently Sold

$954 Per Sq Ft

4% Above List Price

66 Days on Market

Highlights

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

About This Home

As of March 2023

CONDO STUDIO ON SUTTON PLACE!!! This large sunny studio has an updated kitchen and bath and can be combined with the apartment next door to create an amazing two-bedroom, two-bath home. 40 Sutton Place is a full-service building on the Southwest corner of Sutton Place and East 59th Street and is the only condominium on Sutton. The building has a 24-hour doorman, porter service, live-in super, storage, a bike storage room, modern laundry facility, and high speed internet and digital television. 3% flip tax paid by seller.

Last Agent to Sell the Property

Harry DiOrio

Compass License #30DI0979684 Listed on: 05/27/2015

Compass

Co-Listed By

Alex Daigh

Compass License #10301214370

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,576

Year Built

  • Built in 1966

HOA Fees

  • $815 Monthly HOA Fees

Home Design

  • 461 Sq Ft Home

Additional Features

  • 1 Bathroom
  • No Cooling

Community Details

Overview

  • 74 Units
  • Sutton Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,576

Year Built

Built in 1966

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Cross Street: 59th Street & Sutton Place
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: SUTTON
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Living Area: 461.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 815.0
  • 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: 0
  • Tax Annual: 6576.0

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
$454,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,464
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

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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 $450,000 --
Deed $440,000 --
Deed -- --
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 Purchase Money Mortgage
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: RLS10102592

Real Estate Board of New York (REBNY)

APN: 1370-1050