NOT LISTED FOR SALE

40 W 55th St Unit 2B New York, NY 10019

Midtown Neighborhood

Estimated Value: $1,465,000 - $2,040,000

2 Beds
2 Baths
1,354 Sq Ft
$1,416/mo HOA Fee

Last Sold May 13, 2024

Last sale price $2,020,000 $1,492 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $12,478/month

97 Days on Market

Highlights

  • Cooling Available
  • 3-minute walk to 57 Street (F Line)
  • High-Rise Condominium
  • P.S. 111 Adolph S. Ochs Rated A-
  • Community Storage Space

About This Home

As of May 2024

Just steps from the hustle and bustle of 5th Avenue, you will instantly feel at home in your unique 5-room, pre-war condo spanning over 1,350 square feet. Built in 1924 by renowned architect Rosario Candela, 40 West 55th Street, 2B is impeccably detailed, stunning, modern, and chic!

This classic five room home features 1,354 square feet for the perfect two bedroom, two bath with a separate dining room, gracious entrance foyer, 9'2 ceilings, northern and eastern exposures, and custom traditional oak wood floors. The living room/entertainment area has a wood-burning marble fireplace, custom bookcases, and a mirrored bar with wine refrigerator. Marble /stone/mosaic glass walls and floors in baths, and closets are custom built. The eclectic aesthetic of the apartment is evident, while also remaining sleek, yet comfortable. Your clean, traditional kitchen features eastern exposures, top-of-the-line appliances like a dishwasher, and deluxe fixtures. Both bathrooms boast Waterworks accents and luxurious finishes. Throughout the home is an abundance of closet space. Both the apartment, and the nature of the building is a renowned example and best residential work of the legendary architect Candelas.

With only three neighbors on your floor, privacy should never be an issue for your apartment. 40W55 features a full-time doorman, storage, central laundry and is pet friendly. The building lobby includes touches of Sean Johnson decor, inspired by the Museum of Modern Art. This home has easy access to both the east and west sides and is only steps away from Central Park and many of Manhattan's most famous attractions, such as Rockefeller Center, Times Square and an abundance of restaurants and bars. Additionally, furniture and fixtures available for purchase.

Last Agent to Sell the Property

Louise Philips

Brown Harris Stevens Residential Sales LLC License #30PH0944567 Listed on: 12/01/2023

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,544

Year Built

  • Built in 1924

HOA Fees

  • $1,416 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,354 Sq Ft Home
  • Decorative Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 0001 / 01270

Community Details

Overview

  • 36 Units
  • High-Rise Condominium
  • Midtown Subdivision
  • 10-Story Property

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,544

Year Built

Built in 1924

Lot Details

0

HOA Fees

$1,416 per month

Listing Details

  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1354.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None
  • Green Building Features: Green Building, Storage
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1416.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 36
  • Total Stories: 10
  • Year Built: 1924

Tax Info

  • Tax Block: 01270
  • Tax Lot: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
May 13, 2024
Sold by
Munroe Judy
Bought by
Bamar Llc
Seller's Agent
Louise Philips
Brown Harris Stevens Residential Sales LLC
List Price
$2,195,000
Sold Price
$2,020,000
Premium/Discount to List
-$175,000
-7.97%
Views
180
Current Estimated Value
$1,801,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$218,162
Avg. Annual Appreciation
-8.23%

Purchase Details

Closed on
Mar 17, 2008
Sold by
Gs 40 West 55Th Street Llc
Bought by
Munroe Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Bamar Llc $2,020,000 --
Bamar Llc $2,020,000 --
Munroe Judy $1,400,000 --
Munroe Judy $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munroe Judy $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $2,020,000 -8.0% $1,492 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $2,195,000 0.0% $1,621 / Sq Ft
01/11/2023 01/11/23 Rented $7,995 0.0% --
12/02/2022 12/02/22 For Rent $7,995 -- --
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 $17,544 $145,184 $79,705 $65,479
2024 $17,544 $140,330 $79,705 $60,625
2023 $16,688 $136,043 $79,705 $56,338
2022 $16,423 $146,853 $79,705 $67,148
2021 $15,206 $123,962 $79,705 $44,257
2020 $15,913 $138,739 $79,705 $59,034
2019 $15,369 $131,889 $79,705 $52,184
2018 $14,395 $129,708 $79,705 $50,003
2017 $13,211 $130,852 $79,705 $51,147
2016 $12,073 $112,523 $79,704 $32,819
2015 $8,032 $109,145 $79,705 $29,440
2014 $8,032 $83,701 $79,705 $3,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10959142

Real Estate Board of New York (REBNY)

APN: 1270-1007