NOT LISTED FOR SALE

40 W 56th St New York, NY 10019

Midtown Neighborhood

Estimated Value: $9,625,292

-- Bed
-- Bath
10,500 Sq Ft
$917/Sq Ft Est. Value

About This Home

This home is located at 40 W 56th St, New York, NY 10019 and is currently estimated at $9,625,292, approximately $916 per square foot. 40 W 56th St is a home located in New York County with nearby schools including P.S. 111 Adolph S. Ochs, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2014
Sold by
Nrp 56 Llp
Bought by
Nr West 56Th Street Llc
Current Estimated Value
$9,625,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Outstanding Balance
$4,547,338
Interest Rate
4.26%
Mortgage Type
Commercial
Estimated Equity
$4,847,318

Purchase Details

Closed on
Apr 5, 2007
Sold by
Fordec Realty Corp
Bought by
Nrp 56 Llc

Purchase Details

Closed on
Nov 1, 2002
Sold by
40 West 56 Llc
Bought by
Fordec Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1999
Sold by
40 West 56Th St Realty Co Llc
Bought by
40 West 56 Llc

Purchase Details

Closed on
Oct 30, 1997
Sold by
Taube Milton and Taube Miklos
Bought by
40 West 56Th St Realty Co Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nr West 56Th Street Llc -- --
Nrp 56 Llc $7,000,000 --
Fordec Realty Corp -- --
40 West 56 Llc $1,600,000 --
40 West 56Th St Realty Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nr West 56Th Street Llc $6,000,000
Previous Owner Fordec Realty Corp $2,200,000
Source: Public Records

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 $80,956 $699,345 $199,045 $500,300
2024 $80,956 $647,543 $1,566,000 $447,151
2023 $79,434 $647,543 $240,471 $407,072
2022 $76,771 $4,568,400 $1,566,000 $3,002,400
2021 $71,271 $3,653,100 $1,566,000 $2,087,100
2020 $67,100 $3,842,100 $1,566,000 $2,276,100
2019 $62,822 $3,791,700 $1,566,000 $2,225,700
2018 $63,355 $498,110 $190,193 $307,917
2017 $61,391 $482,672 $210,515 $272,157
2016 $57,617 $446,919 $214,847 $232,072
2015 $32,048 $413,814 $198,823 $214,991
2014 $32,048 $383,162 $220,908 $162,254
Source: Public Records

Map

New York New York County New York 10019 Midtown

40 W 56th St, New York, NY

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