$1,090,000
SOLD DEC 9, 2024

40 W 55th St Unit 1E New York, NY 10019

Midtown Neighborhood
2 Beds
2 Baths
1,070 Sq Ft
$1,340/mo HOA Fee

Recently Sold

$1,019 Per Sq Ft

7% Below List Price

Highlights

  • Pre War Building
  • 3-minute walk to 57 Street (F Line)
  • Garden
  • P.S. 111 Adolph S. Ochs Rated A-
  • Entrance Foyer
  • Laundry Facilities

About This Home

As of December 2024

This quintessential 2 bedroom/2 bathroom condo is located in Manhattan's most prestigious shopping, cultural and business districts. It is just steps away from New York's iconic landmarks as Moma, Central Park and Rockefeller Center. This delightful apartment offers high-beamed ceilings and a spacious outdoor deck while providing an intimate ambiance in the center of the city. It was completely renovated with new hardwood floors and high-end appliances when it was converted to a condominium in 2006. A true gem in one of the most desirable locations in the city.

Last Agent to Sell the Property

Asher Alcobi

Peter Ashe License #10311202569 Listed on: 12/01/2023

Co-Listed By

Meirav Gavrielov

Peter Ashe License #40GA1178610

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,756

Year Built

  • Built in 1924

Lot Details

  • South Facing Home
  • Garden

HOA Fees

  • $1,340 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 1st floor

Interior Spaces

  • 1,070 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 56 / 1270

Community Details

Overview

  • Midtown West Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,756

Year Built

Built in 1924

Lot Details

0

HOA Fees

$1,340 per month

Listing Details

  • Cross Street: Fifth Avenue/Avenue of the Americas
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Architectural Style: Prewar
  • Entry Level: 1
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 1070.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building Storage, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1340.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 10
  • Year Built: 1924

Tax Info

  • Tax Block: 1270
  • Tax Lot: 56
  • Tax Annual: 15756.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Dec 9, 2024
Sold by
Mascardo Renato N and Mascardo Teresita G
Bought by
Geisler Birgitta M and Ravikumar Abilash
Seller's Agent
Asher Alcobi
Peter Ashe
List Price
$1,175,000
Sold Price
$1,090,000
Premium/Discount to List
-$85,000
-7.23%
Views
224
Current Estimated Value
$1,230,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,131
Avg. Annual Appreciation
15.89%
Original Mortgage
$793,520
Outstanding Balance
$787,158
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$442,973

Purchase Details

Closed on
Jul 28, 2010
Sold by
Mascardo Teresita G
Bought by
Mascardo Renato N and Mascardo Teresita G

Purchase Details

Closed on
Jul 31, 2008
Sold by
Gs 40 West 55Th Street Llc and % Samson Management Llc
Bought by
Mascardo Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $1,090,000 --
Deed -- --
Deed -- --
Deed $1,100,000 --
Deed $1,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $793,520 Purchase Money Mortgage
Previous Owner $880,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2024 12/09/24 Sold $1,090,000 0.0% $1,019 / Sq Ft
11/14/2024 11/14/24 Rented $5,649 0.0% --
09/27/2024 09/27/24 Price Changed $1,099,999 0.0% $1,028 / Sq Ft
09/19/2024 09/19/24 Price Changed $1,100,000 0.0% $1,028 / Sq Ft
07/23/2024 07/23/24 Rented $5,895 +7.2% --
07/05/2024 07/05/24 For Rent $5,500 0.0% --
07/05/2024 07/05/24 For Sale $1,175,000 +7.8% $1,098 / Sq Ft
06/13/2024 06/13/24 Off Market $1,090,000 -- --
01/18/2024 01/18/24 For Rent $5,895 0.0% --
12/01/2023 12/01/23 For Sale $1,195,000 +21627.3% $1,117 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
06/23/2022 06/23/22 Rented $5,500 0.0% --
05/19/2022 05/19/22 Price Changed $5,500 -8.3% --
04/19/2022 04/19/22 Price Changed $6,000 +9.1% --
09/03/2021 09/03/21 For Rent $5,500 -- --
03/12/2018 03/12/18 Rented -- -- --
02/10/2018 02/10/18 Under Contract -- -- --
02/07/2018 02/07/18 For Rent -- -- --
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 $16,569 $137,116 $75,276 $61,840
2024 $16,569 $132,531 $75,276 $57,255
2023 $15,761 $128,483 $75,276 $53,207
2022 $15,510 $138,691 $75,276 $63,415
2021 $14,361 $117,073 $75,276 $41,797
2020 $15,165 $131,029 $75,276 $55,753
2019 $14,630 $124,560 $75,276 $49,284
Source: Public Records

Agents Affiliated with this Home

  • Meirav Gavrielov

    Seller's Agent in 2024

    Meirav Gavrielov

    Peter Ashe

    (917) 971-0045

    1 in this area

    12 Total Sales

    Meirav Gavrielov
    Section Image
  • Asher Alcobi

    Seller's Agent in 2024

    Asher Alcobi

    Peter Ashe

    (917) 504-2890

    1 in this area

    24 Total Sales

    Asher Alcobi
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10979572

Real Estate Board of New York (REBNY)

APN: 1270-1005

New York New York County New York 10019 Midtown

40 W 55th St Unit 1E, New York, NY

This home is located at 40 W 55th St Unit 1E, New York, NY 10019 and is currently priced at $1,090,000, approximately $1,018 per square foot. This property was built in 1924. 40 W 55th St Unit 1E is a home located in New York County with nearby schools including P.S. 111 Adolph S. Ochs, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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