NOT LISTED FOR SALE

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

Midtown Neighborhood

Estimated Value: $1,288,431 - $1,411,000

2 Beds
2 Baths
1,070 Sq Ft
$1,145/mo HOA Fee

Last Sold October 25, 2023

Last sale price $1,350,000 $1,262 Per Sq Ft

Current estimated payment $9,606/month

57 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-
  • Central Air

About This Home

As of October 2023

Classic City Living w/Fireplace Between MoMA and Central Park

Introducing this gut-renovated Midtown condo with a wood-burning fireplace and triple exposure, a pristine 2-bedroom, 2-bathroom home offering a quintessential Manhattan lifestyle close to MoMA, Central Park, Carnegie Hall, Radio City Music Hall, and Rockefeller Center.

A welcoming foyer with a coat closet flows past a windowed galley kitchen and into a spacious living and dining area saturated with southern light. Gorgeous hardwood floors complement classic sash windows and built-in bookshelves and cupboards. The lovely wood-burning fireplace adds character and charm and is especially luxurious during cool fall and winter nights. The kitchen has eastern exposure and is equipped with custom white lacquer cabinets, sleek white countertops and backsplash, and high-end stainless steel appliances including an eco-friendly induction stove.

The primary suite receives warm southern light and boasts a wall of built-in closets as well as a windowed en-suite bathroom. The second bedroom has northern exposure, a deep reach-in closet, and access to a windowed second bathroom. Both bathrooms have classic finishes with deep soaking tubs.

40 West 55th Street is a pre-war condominium with full-time door attendants, a live-in super, common laundry, and a bicycle room. Nestled in the heart of Midtown, the building is four blocks from Pulitzer Fountain and Central Park and is surrounded by restaurants, bars, cafes, cultural institutions, and shops. It is close to the Theater District, Columbus Circle, and Lenox Hill. Nearby subway lines include the 1/A/C/E/B/D/F/M/N/Q/R/W. Pets are welcome.

Last Agent to Sell the Property

Irina Balueva

Serhant License #10401282765 Listed on: 03/15/2023

Serhant

Co-Listed By

David Fernandez

Serhant License #40FE1052956

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,328

Year Built

  • Built in 1925

HOA Fees

  • $1,145 Monthly HOA Fees

Home Design

  • 1,070 Sq Ft Home
  • Pre War Building
  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Block 01270

Community Details

Overview

  • 35 Units
  • Midtown Central Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,328

Year Built

Built in 1925

Lot Details

0

HOA Fees

$1,145 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Living Area: 1070.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

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: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1145.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Area: 7531.0
  • Lot Size Dimensions: 75.0 x 100.42

Building Info

  • New Construction: No
  • Units: 35
  • Total Stories: 10
  • Year Built: 1925

Tax Info

  • Tax Block: 01270
  • Tax Annual: 14328.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Oct 24, 2023
Sold by
Puga Victor Manuel Alvarez
Bought by
Yong Maria Guadalupe Araujo
Seller's Agent
Irina Balueva
Serhant
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Views
48
Current Estimated Value
$1,350,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358
Avg. Annual Appreciation
0.01%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Gs 40 West 55Th Street Llc
Bought by
Puga Victor Manuel Alvarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
6.27%
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 Buyer Sale Price Title Company
Yong Maria Guadalupe Araujo $1,350,000 --
Puga Victor Manuel Alvarez $1,190,000 --
Puga Victor Manuel Alvarez $1,190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puga Victor Manuel Alvarez $892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $1,350,000 -9.7% $1,262 / Sq Ft
07/02/2023 07/02/23 Off Market $1,495,000 -- --
05/12/2023 05/12/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $1,495,000 -- $1,397 / 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 $15,270 $126,363 $69,371 $56,992
2024 $15,270 $122,137 $69,371 $52,766
2023 $14,525 $118,406 $69,371 $49,035
2022 $14,294 $127,815 $69,371 $58,444
2021 $13,235 $107,891 $69,371 $38,520
2020 $13,976 $120,753 $69,371 $51,382
2019 $13,482 $114,791 $69,371 $45,420
2018 $12,529 $112,893 $69,371 $43,522
2017 $11,499 $113,888 $69,371 $44,517
2016 $10,508 $97,936 $69,371 $28,565
2015 $6,991 $94,995 $69,371 $25,624
2014 $6,991 $72,852 $69,371 $3,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10904274

Real Estate Board of New York (REBNY)

APN: 1270-1028