NOT LISTED FOR SALE

40 W 55th St Unit 7B New York, NY 10019

Midtown Neighborhood

Estimated Value: $1,697,000 - $2,140,000

2 Beds
2 Baths
1,354 Sq Ft
$1,542/mo HOA Fee

Last Sold July 06, 2023

Last sale price $2,100,000 $1,551 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,491/month

69 Days on Market

About This Home

As of July 2023

A charming elegant prewar boutique Condominium, built by the renowned architect, Rosario Candela with stunning interiors, lobby and vestibules by Sean Johnson, inspired by the Museum Of Modern Art, makes for a lovely combination of prewar charm with contemporary cache in this central midtown 5 room mint condition home right off Fifth Avenue at the epicenter of New York City.

This 1,354 square foot home was purchased as a pied a terre but was rarely used and is now being offered unfurnished or completely furnished, soup to nuts ! A sunny home with high ceilings, beautiful wood oak plank floors, oversized windows and nicely proportioned rooms with a useable unique layout as a 2 or 3 bedroom home. Enter a proper foyer large enough for a home office which leads to a stunning large living room perfect for entertaining with a wood burning fireplace plus great wall space for your art. There is a multi- purpose room which can be utilized as a guest bedroom, home office for two or a formal dining room. This room has 2 entrances and includes a sliding door for privacy . The square chef's kitchen has two windows, a Subzero, Miele dishwasher, GE Profile Range and a Bosch washer/dryer. The private bedroom wing is reached through a hallway where you have the large primary chamber with a wall of closets and an en-suite renovated windowed bathroom. The second bedroom is well proportioned and accommodates 2 beds with a walk in closet, the second windowed renovated bathroom is perfectly situated for guests as well. There is through the wall air conditioning in every room.

The 24 hour doorman building offers excellent security, resident manager and bike room. There are 35 units and 10 floors for an intimate feel with only 4 units on the floor and situated on a pretty tree lined street. Experience the best restaurants and cafes New York has to offer with Rockefeller City, The MOMA, Central Park, Carnegie Hall, Columbus Circle , AOL Center with Whole Foods and world class shopping. Enjoy every convenience in this walk everywhere location with transportation at your doorstep. This is a wonderful primary home, pied-a-terre, corporate purchase or investment.

Last Agent to Sell the Property

Barbara Lockwood

Douglas Elliman Real Estate License #30LO0994584 Listed on: 03/21/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,228

Year Built

  • Built in 1924

HOA Fees

  • $1,542 Monthly HOA Fees

Home Design

  • 1,354 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 36 Units
  • Middle West Side Subdivision
  • 10-Story Property

Listing and Financial Details

  • Tax Block 01270

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,228

Year Built

Built in 1924

Lot Details

0

HOA Fees

$1,542 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle West Side
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • 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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1542.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

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

Tax Info

  • Tax Block: 01270
  • Tax Annual: 18228.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jul 6, 2023
Sold by
Onalson Inc
Bought by
Kohn Julie Ann and Swift Joseph Daniel
Seller's Agent
Barbara Lockwood
Douglas Elliman Real Estate
List Price
$2,150,000
Sold Price
$2,100,000
Premium/Discount to List
-$50,000
-2.33%
Views
46
Current Estimated Value
$1,914,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,169
Avg. Annual Appreciation
-6.79%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Gs 40 West 55Th Street Llc and % Samson Management Llc
Bought by
Onalson Inc
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
Kohn Julie Ann $2,100,000 --
Onalson Inc $1,547,740 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $2,100,000 -2.3% $1,551 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $2,150,000 -- $1,588 / 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 $19,168 $158,625 $87,083 $71,542
2024 $19,168 $153,321 $87,083 $66,238
2023 $18,233 $148,637 $87,083 $61,554
2022 $17,900 $160,447 $87,083 $73,364
2021 $16,614 $135,437 $87,083 $48,354
2020 $17,422 $151,582 $87,083 $64,499
2019 $16,792 $144,099 $87,083 $57,016
2018 $15,728 $141,715 $87,083 $54,632
2017 $14,435 $142,965 $87,083 $55,882
2016 $13,191 $122,940 $87,083 $35,857
2015 $8,776 $119,249 $87,083 $32,166
2014 $8,776 $91,450 $87,083 $4,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10865049

Real Estate Board of New York (REBNY)

APN: 1270-1027