NOT LISTED FOR SALE

40 Sutton Place, Unit 7J New York, NY 10022

Sutton Place Neighborhood

Estimated Value: $510,000 - $693,082

1 Bed
1 Bath
605 Sq Ft
$1,252/mo HOA Fee

Last Sold May 11, 2022

Last sale price $588,300 $972 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,564/month

30 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 May 2022

Scenic river and bridge views impress in this sunny eastern-facing One bedroom plus home office/guest room/nursery in one of the rare Condominiums in Sutton. The bright living room with track lighting flows naturally from the chef's kitchen featuring a Subzero fridge, European cabinetry, granite countertops and floors. The bedroom boasts the same bright and sunny eastern views and the uniquely versatile second interior room can function as a large home office, nursery or guest room with privacy from the living room.

Pet-friendly (dogs up to 35 lbs) full-service 24-hour luxury Sutton Place location with live-in super, laundry, bike storage and private storage for rent ($60 per month, subject to availability). Enjoy the serene neighborhood complete with a variety of eateries and conveniences, including the brand new Trader Joe's, Morton Williams and more plus easy access to the FDR and Ed Koch Queensboro Bridge. Pied-a-terres and investors welcome. Seller pays flip tax. Real estate taxes displayed may be reduced by 17.5% if purchasing as your primary residence (Consult your CPA). All measurements and square footages are approximate and all information should be confirmed by customer.

Last Agent to Sell the Property

Clifford Marks

Brown Harris Stevens Residential Sales LLC License #10401342226 Listed on: 01/26/2022

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Rory Clark

Brown Harris Stevens Residential Sales LLC License #10301207820

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,824

Year Built

  • Built in 1966

Lot Details

  • 6,970

HOA Fees

  • $1,252 Monthly HOA Fees

Home Design

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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

$13,824

Year Built

Built in 1966

Lot Details

0

HOA Fees

$1,252 per month

Listing Details

  • Cross Street: E. 58th St/E. 59th St
  • Exposures: East
  • 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: 605.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1252.0
  • 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: 13824.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
May 10, 2022
Sold by
Figueira Marcela and Figueira Marcelo
Bought by
Dorf Tyler David
Seller's Agent
Clifford Marks
Brown Harris Stevens Residential Sales LLC
List Price
$625,000
Sold Price
$588,300
Premium/Discount to List
-$36,700
-5.87%
Current Estimated Value
$582,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,279
Avg. Annual Appreciation
-0.57%
Original Mortgage
$529,470
Outstanding Balance
$505,219
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,876

Purchase Details

Closed on
Jul 26, 2012
Sold by
Gerstle Donna and Gerstle Michael
Bought by
Figueira Marcela and Figueira Marcelo

Purchase Details

Closed on
Jun 21, 2002
Sold by
Benfield Blanch Inc
Bought by
Gerstle Michael and Gerstle Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.27%
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
Dorf Tyler David $588,300 --
Figueira Marcela $495,000 --
Gerstle Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorf Tyler David $529,470
Previous Owner Gerstle Donna $250,000
Previous Owner Gerstle Michael $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Off Market $588,300 -- --
05/11/2022 05/11/22 Sold $588,300 -5.9% $972 / Sq Ft
01/28/2022 01/28/22 For Sale $625,000 0.0% $1,033 / Sq Ft
01/14/2019 01/14/19 Rented -- -- --
12/15/2018 12/15/18 Under Contract -- -- --
12/07/2018 12/07/18 For Rent $3,000 -- --
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 $14,855 $122,181 $17,813 $104,368
2024 $14,855 $118,824 $17,813 $101,011
2023 $11,848 $118,307 $17,813 $100,494
2022 $14,233 $118,546 $17,813 $100,733
2021 $14,292 $123,698 $17,813 $105,885
2020 $14,353 $136,493 $17,813 $118,680
2019 $13,624 $128,214 $17,813 $110,401
2018 $12,932 $123,733 $17,813 $105,920
2017 $12,240 $121,225 $17,813 $103,412
2016 $11,938 $122,729 $17,813 $104,916
2015 $5,895 $116,103 $17,813 $98,290
2014 $5,895 $114,156 $17,813 $96,343
Source: Public Records

Agents Affiliated with this Home

  • Clifford Marks

    Seller's Agent in 2022

    Clifford Marks

    Brown Harris Stevens Residential Sales LLC

    (914) 621-6729

    3 in this area

    54 Total Sales

    Clifford Marks
    Section Image
  • Rory Clark

    Seller Co-Listing Agent in 2022

    Rory Clark

    Brown Harris Stevens Residential Sales LLC

    (212) 381-4225

    3 in this area

    80 Total Sales

    Rory Clark
    Section Image

  • H

    Seller Co-Listing Agent in 2019

    Hope Khouri

    Brown Harris Stevens Residential Sales LLC

    (646) 303-4979

    1 in this area

    14 Total Sales

    Hope Khouri
    Section Image
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About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10773140

Real Estate Board of New York (REBNY)

APN: 1370-1055

New York New York County New York 10022 Sutton Place

40 Sutton Place Unit 7J, New York, NY

This home is located at 40 Sutton Place Unit 7J, New York, NY 10022 since 26 January 2022 and is currently estimated at $582,021, approximately $962 per square foot. This property was built in 1966. 40 Sutton Place Unit 7J is a home located in New York County with nearby schools including East Side Elementary School, P.S. 267, Simon Baruch Middle School 104, and Clinton School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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