NOT LISTED FOR SALE

40 W 55th St Unit 6B New York, NY 10019

Midtown Neighborhood

Estimated Value: $1,745,000 - $1,985,007

2 Beds
2 Baths
1,354 Sq Ft
$1,402/mo HOA Fee

Last Sold November 22, 2019

Last sale price $1,850,000 $1,366 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,064/month

1,881 Days on Market

Highlights

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

About This Home

As of November 2019

This luxurious two or three-bedroom, two-bathroom condo home features a beautiful prewar layout, high ceilings, and an original wood-burning fireplace. This flexible floor plan has a living room spanning 22-feet and functions as a three bedroom or a gracious two bedroom with French doors to the formal dining room, windowed study or guest quarters. The spacious windowed kitchen is clad in marble and appointed with Sub-Zero refrigerator, Miele dishwasher and an undermount sink. Two windowed marble baths, oak hardwood floors, intricate crown moldings, north and south exposures, and thru-wall air conditioning complete this tasteful home. With just four residences per floor this Rosario Candela designed building offers classic prewar elegance with full-services including a 24-hour doorman and central laundry. Originally built in 1924 the building was fully renovated and established as a condominium in 2006. With the Museum of Modern Art as a distinguished neighbor, one can enjoy the MOMA sculpture garden like it was your own, or enjoy the many exhibits and screenings. This home offers a curated New York life with the historic architecture of the Seagram Building and Lever House on 53rd Street, Central Park to the north, and Columbus Circle to the west and Rockefeller Center and Broadway shows close by. Pet friendly with low monthlies.

Last Agent to Sell the Property

Julia Hoagland

Compass License #30HO1053975 Listed on: 04/16/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,632

Year Built

  • Built in 1924

HOA Fees

  • $1,402 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 6th floor

Interior Spaces

  • 1,354 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

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

$16,632

Year Built

Built in 1924

Lot Details

0

HOA Fees

$1,402 per month

Listing Details

  • Cross Street: Fifth Avenue/Avenue of the Americas
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Architectural Style: Prewar
  • Entry Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1354.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1402.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

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

Tax Info

  • Tax Block: 1270
  • Tax Lot: 56
  • Tax Annual: 16632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Nov 12, 2019
Sold by
Al & Majed Trustee Adel Abdul Wahab
Bought by
Balito International Inc
Seller's Agent
Julia Hoagland
Compass
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,896,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,002
Avg. Annual Appreciation
0.42%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Al-Majed Adel Abdul Wahab
Bought by
The Al-Majed Realty Trust Adel Al-Majed

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 11, 2015
Sold by
Yan Anita L and Yan Kwok W
Bought by
Wahab Al-Majed Adel Abdul
Seller's Agent
Thomas Postilio
Compass
List Price
$1,995,000

Purchase Details

Closed on
Oct 3, 2006
Sold by
Gs 40 West 55Th Street Llc
Bought by
Yan Anita L and Yan Kwok W
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
Balito International Inc $1,850,000 --
The Al-Majed Realty Trust Adel Al-Majed -- --
Wahab Al-Majed Adel Abdul $2,050,000 --
Yan Anita L $1,537,558 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $1,850,000 -7.3% $1,366 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
09/06/2016 09/06/16 Rented -- -- --
08/07/2016 08/07/16 Under Contract -- -- --
06/25/2016 06/25/16 For Rent -- -- --
05/11/2015 05/11/15 Sold -- -- -- View Prior Sale
04/11/2015 04/11/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $1,995,000 +7.8% $1,473 / Sq Ft
06/17/2014 06/17/14 For Sale $1,850,000 -- $1,366 / 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 $18,844 $155,941 $85,609 $70,332
2024 $18,844 $150,726 $85,609 $65,117
2023 $17,925 $146,121 $85,609 $60,512
2022 $17,597 $157,731 $85,609 $72,122
2021 $16,333 $133,145 $85,609 $47,536
2020 $17,247 $149,016 $85,609 $63,407
2019 $16,638 $141,659 $85,609 $56,050
2018 $15,462 $139,316 $85,609 $53,707
2017 $14,190 $140,545 $85,609 $54,936
2016 $12,968 $120,859 $85,609 $35,250
2015 $8,627 $117,230 $85,609 $31,621
2014 $8,627 $89,901 $85,608 $4,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10401726

Real Estate Board of New York (REBNY)

APN: 1270-1023