NOT LISTED FOR SALE

Estimated Value: $847,000 - $1,026,000

1 Bed
1.5 Baths
887 Sq Ft
$801/mo HOA Fee

Last Sold November 16, 2023

Last sale price $830,000 $936 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,104/month

124 Days on Market

Highlights

  • City View
  • Garage
  • West Facing Home
  • P.S. 59 Beekman Hill International Rated A
  • Courtyard
  • High-Rise Condominium

About This Home

As of November 2023

Incredible opportunity to design your dream home in the highly sought-after Sutton neighborhood, specifically at 400 East 54th Street. This spacious residence offers approximately 900 square feet of living space, providing ample room for a creative layout. It features a convenient half bathroom in the entry foyer and an in-suite full bathroom in the master bedroom. Additionally, there are two walk-in closets for added storage.

Situated on the 5th floor, this residence offers captivating city views and abundant natural light from its western exposure. The welcoming living room seamlessly transitions into a separate dining alcove, which can easily be transformed into a second bedroom or a home office. The unit easily converts to at two bed/two bath unit. With its charming appeal and well-designed layout, this residence presents an exceptional opportunity to create a customized designer home in the renowned Sutton neighborhood of Manhattan.

400 East 54th Street provides an array of amenities, including a full-time doorman, a recently renovated lobby, outdoor space, a garage, and a laundry room. The monthly expenses are remarkably low, and the property offers condominium ownership, presenting buyers with attractive options, such as investment or pied-à-terre uses. Superb dining, shopping, and entertainment options are plentiful in the vicinity, all conveniently located nearby. The unmatched residential location combined with the exceptional layout makes this opportunity incredibly valuable from the moment you step foot into this home.

Last Agent to Sell the Property

Zachary Flynt

Corcoran Group License #10301211961 Listed on: 10/24/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,004

Year Built

  • Built in 1973

HOA Fees

  • $801 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 887 Sq Ft Home
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • West Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1329 / 01365

Community Details

Overview

  • 228 Units
  • High-Rise Condominium
  • The Revere Condos
  • Sutton Place Subdivision
  • 31-Story Property

Amenities

  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,004

Year Built

Built in 1973

Lot Details

0

HOA Fees

$801 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sutton Place
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: 70 lbs allowed,Building Pets Allowed Comments:70 lbs allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 887.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 801.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE REVERE
  • Units: 228
  • Total Stories: 31
  • Year Built: 1973

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01365
  • Tax Lot: 1329
  • Tax Annual: 11004.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 16, 2023
Sold by
Benneyan Jacqueline and Benneyan Jaqueline
Bought by
Jeram Mohammad Norshaini and Ong Pui L
Seller's Agent
Zachary Flynt
Corcoran Group
List Price
$900,000
Sold Price
$830,000
Premium/Discount to List
-$70,000
-7.78%
Current Estimated Value
$964,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,537
Avg. Annual Appreciation
5.19%
Source: Public Records

Range of Values:

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Average Value
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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
Jeram Mohammad Norshaini $830,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $830,000 -4.6% $936 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $870,000 -3.3% $981 / Sq Ft
05/31/2023 05/31/23 For Sale $900,000 0.0% $1,015 / Sq Ft
04/20/2022 04/20/22 Off Market $3,300 -- --
08/06/2020 08/06/20 Rented -- -- --
08/06/2020 08/06/20 Rented $3,300 0.0% --
07/07/2020 07/07/20 Under Contract -- -- --
07/02/2020 07/02/20 For Rent $3,300 -2.9% --
08/16/2018 08/16/18 Rented -- -- --
07/17/2018 07/17/18 Under Contract -- -- --
06/14/2018 06/14/18 For Rent $3,400 -- --
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 $14,513 $120,821 $7,925 $112,896
2024 $14,513 $116,084 $7,925 $108,159
2023 $11,400 $112,649 $7,925 $104,724
2022 $11,069 $122,518 $7,925 $114,593
2021 $13,081 $106,639 $7,925 $98,714
2020 $11,022 $118,011 $7,925 $110,086
2019 $10,685 $108,557 $7,925 $100,632
2018 $12,555 $110,083 $7,925 $102,158
2017 $11,817 $102,399 $7,925 $94,474
2016 $11,353 $100,282 $7,925 $92,357
2015 $5,824 $92,167 $7,926 $84,241
2014 $5,824 $88,654 $7,926 $80,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10931990

Real Estate Board of New York (REBNY)

APN: 1365-1329