NOT LISTED FOR SALE

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

Midtown Neighborhood

Estimated Value: $1,267,734 - $1,486,000

2 Beds
2 Baths
1,070 Sq Ft
1924 Built

Last Sold March 27, 2017

Current estimated payment $8,723/month

Highlights

  • Building Terrace
  • 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 July 2019

Prewar 2 bedroom 2 bath in Midtown just steps from 5th Avenue and all the greatest shopping. Southern exposure in the living room keeps the apartment bright all day long. Also North & West exposures and incredibly quiet as it overlooks the interior garden. For those romantic winter days, the apartment has a real working wood burning fireplace. spacious windowed kitchen, hardwood floors, generous storage throughout and two tasteful bathrooms. Master bedroom has an en-suite bath and great closets. Additional storage included. Approximately 1,070 square feet.

This boutique prewar condominium was designed by renowned architect, Rosario Candela. Building features 24 hour doorperson, bike storage and central laundry room. Conveniently located near Central Park, Rockefeller Center, Museum of Modern Art, Carnegie Hall, the best in shopping, theaters and restaurants. Nearby subways include E, M, F, N, R, Q, 4, 5, 6, 1.

Last Agent to Rent the Property

Scott Kochman

Level Group Inc License #10401249710 Listed on: 06/03/2019

Level Group Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,270

Year Built

  • 1924

Home Design

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 8/1/19

Community Details

Overview

  • Manhattan Subdivision

Amenities

  • Building Terrace
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,270

Year Built

1924

Lot Details

0

Rental Info

  • Available Date: 2019-08-01

Listing Details

  • Cross Street: 5th Ave / 6th Ave
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Manhattan
  • Entry Level: 7
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1924

Interior Features

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

Beds/Baths

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

Exterior Features

  • Patio/Porch Features: Building Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Mar 24, 2017
Sold by
Lopez Riestra Francisco
Bought by
Thorpe Chi Yan Ting Joyce and House 28 Rolling Hill Phase 2
Seller's Agent
Shannon Helms Wisniewski
Compass
List Price
$1,675,000
Current Estimated Value
$1,399,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,500
Outstanding Balance
$902,140
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$497,544

Purchase Details

Closed on
Aug 19, 2013
Sold by
Frederick Sharon and Snee Richard
Bought by
Lopez Riestra Francisco

Purchase Details

Closed on
Nov 7, 2007
Sold by
Ginsbury John and Ginsbury Sandra
Bought by
Frederick Sharon and Snee Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2006
Sold by
Gs 40 West 55Th Street Llc
Bought by
Ginsbury John and Ginsbury Sandra
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
Thorpe Chi Yan Ting Joyce $1,555,000 --
Lopez Riestra Francisco $1,395,000 --
Lopez Riestra Francisco $1,395,000 --
Frederick Sharon $1,305,000 --
Frederick Sharon $1,305,000 --
Ginsbury John $1,232,082 --
Ginsbury John $1,232,082 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorpe Chi Yan Ting Joyce $1,088,500
Previous Owner Frederick Sharon $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2019 07/03/19 Rented -- -- --
06/03/2019 06/03/19 Under Contract -- -- --
03/30/2017 03/30/17 For Rent $5,000 0.0% --
03/27/2017 03/27/17 Sold -- -- -- View Prior Sale
02/25/2017 02/25/17 Pending -- -- --
08/15/2016 08/15/16 For Sale $1,675,000 -- $1,565 / 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: RLS10214802

Real Estate Board of New York (REBNY)

APN: 1270-1029