NOT LISTED FOR SALE

40 W 55th St Unit 8B New York, NY 10019

Midtown Neighborhood

Estimated Value: $1,732,000 - $1,951,613

2 Beds
2 Baths
1,354 Sq Ft
$1,522/mo HOA Fee

Last Sold October 08, 2021

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

Est. 1% increase in value since last sale

Current estimated payment $13,057/month

19 Days on Market

Highlights

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

About This Home

As of October 2021

This Quintessential Completely Renovated Classic Condo is located right off 5th Avenue and only blocks from Central Park at 40 West 55th Street. Unit 8B is a move-in ready 2 to 3 bedroom, 2 bathroom pre-war home. With north and south exposures, high ceilings, hand plastered moldings, and architectural lighting, you too can enjoy an understated elegant lifestyle in the midst of one of the most loved neighborhoods in Manhattan.

As you enter the spacious foyer you are greeted by a meticulously designed and decorated formal dining room which can be transformed into an extra bedroom or home office. Unit 8B?s flexible floorplan has a living room spanning over 22 feet and includes a newly renovated wood-burning, working fireplace. The sensibly-sized windowed chef?s kitchen includes newly purchased Bosch appliances, a Sub-Zero fridge, and a coveted in-sink disposal system. All plumbing is brand new. Both marble and stone windowed bathrooms (one en-suite) were renovated in 2020 and a Bosch washer and dryer were added as well. Both pin-drop-quiet roomy bedrooms offer smartly finished closets, oak hardwood flooring, 3 zones of baseboard heat, air conditioning, and a newly installed ADT camera security system.

Please note, the custom-designed furniture at 40 W 55th Street, Unit 8B can be purchased separately at a modest price. There is one 8x4 storage unit that transfers with the sale of this home and a second one for purchase.

Live where Ralph Lauren got his start, at this Rosario Candela-designed boutique condo building steps from the best restaurants in Manhattan, Rockefeller Center, Radio City Music Hall, The Museum of Modern Art, Carnegie Hall, and Columbus Circle. With only 4 apartments on each floor and only 36 apartments in total, 40 W 55th Street includes low monthly fees, a 24- hour attended lobby, package delivery and service, bike storage, and in-building laundry facilities. 40 West 55th Street is a pet-friendly building that allows Pieds-à-Terre, co-purchasing, corporate purchasers, gifting, investors, and foreign purchasers. Showings are daily, by appointment.

Last Agent to Sell the Property

Carolyn Fox

Compass License #10301220317 Listed on: 08/25/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,896

Year Built

  • Built in 1924

HOA Fees

  • $1,522 Monthly HOA Fees

Home Design

  • Pre War Building
  • Entry on the 8th floor

Interior Spaces

  • 1,354 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available

Listing and Financial Details

  • Tax Block 1270

Community Details

Overview

  • 36 Units
  • Forty West Fifty Fifth Condos
  • Midtown West Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,896

Year Built

Built in 1924

Lot Details

0

HOA Fees

$1,522 per month

Listing Details

  • Cross Street: Fifth Avenue & Avenue of the Americas
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown West
  • Architectural Style: Prewar
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer
  • Appliances: Dryer, 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

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1521.63
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: FORTY WEST FIFTY FIFTH
  • Units: 36
  • Total Stories: 10
  • Year Built: 1924

Tax Info

  • Tax Block: 1270
  • Tax Annual: 16896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 8, 2021
Sold by
J & J 55Th Street Llc
Bought by
Maros Llc
Seller's Agent
Carolyn Fox
Compass
List Price
$1,800,000
Sold Price
$1,850,000
Premium/Discount to List
$50,000
2.78%
Current Estimated Value
$1,861,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,903
Avg. Annual Appreciation
0.16%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Gs 40 West 55Th Street Llc
Bought by
J & J 55Th Street Llc
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
Maros Llc $1,850,000 --
J & J 55Th Street Llc $1,525,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,850,000 +2.8% $1,366 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,800,000 -- $1,329 / 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 $19,493 $161,313 $88,560 $72,753
2024 $19,493 $155,919 $88,560 $67,359
2023 $18,542 $151,157 $88,560 $62,597
2022 $18,247 $163,166 $88,560 $74,606
2021 $16,896 $137,733 $88,560 $49,173
2020 $17,842 $154,151 $88,560 $65,591
2019 $17,031 $146,541 $88,560 $57,981
2018 $15,995 $144,117 $88,560 $55,557
2017 $14,679 $145,388 $88,560 $56,828
2016 $13,414 $125,024 $88,560 $36,464
2015 $8,924 $121,270 $88,560 $32,710
2014 $8,924 $92,998 $88,560 $4,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10738721

Real Estate Board of New York (REBNY)

APN: 1270-1031