NOT LISTED FOR SALE

Estimated Value: $20,388,845

Studio
-- Bath
14,500 Sq Ft
$1,406/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $20,000,000 $1,379 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $140,089/month

215 Days on Market

Highlights

  • Elevator
  • 3-minute walk to 77 Street (4,6 Line)
  • 5-minute walk to Central Park
  • P.S. 6 Lillie D. Blake Rated A
  • Central Air

About This Home

As of November 2024

Trophy Building: Ideal Grand Residence, Art Gallery, Foundation, or Headquarters

53 East 77th Street has gone through many permutations as a single-family mansion, Funk and Wagnall's library, Cello restaurant, a recording studio, and currently is used to market museum-quality furniture. The building has great bones and proportions with windows on the north, south, and west. Phenomenal location, as it is right off Madison Avenue across from The Carlyle and The Mark Hotel.

The property is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, and retail mixed building with residential space above office/commercial floors. A buyer could convert this 14,500 sq ft+ building into a grand mansion.

Co-Exclusive.

Last Agent to Sell the Property

Shelley Saxton

Brown Harris Stevens Residential Sales LLC License #30SA0768731 Listed on: 10/18/2023

Brown Harris Stevens Residential Sales LLC

Last Buyer's Agent

Direct Deal Listing

Direct Deal License #A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $397,332

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 100.00x35.00

Home Design

  • 14,500 Sq Ft Home
  • Entry on the 1st floor

Additional Features

  • Laundry in unit
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0025 / 01392

Community Details

Overview

  • Lenox Hill Subdivision
  • 6-Story Property

Amenities

  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$397,332

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area: 14500.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Elevator(s), Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 3500.0
  • Lot Size Dimensions: 100.00x35.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: -1
  • Total Stories: 6

Tax Info

  • Tax Block: 01392
  • Tax Lot: 0025
  • Tax Annual: 397332.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 1, 2024
Sold by
Dalva Leon and David Dalva Iii As Trustee
Bought by
77 Jv Llc
Seller's Agent
Shelley Saxton
Brown Harris Stevens Residential Sales LLC
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$26,000,000
Sold Price
$20,000,000
Premium/Discount to List
-$6,000,000
-23.08%
Views
290
Current Estimated Value
$20,388,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,845
Avg. Annual Appreciation
1.42%

Purchase Details

Listed on
Oct 18, 2023
Closed on
Oct 31, 2024
Sold by
Dalva Realty Company Llc
Bought by
Dalva Leon and David Dalva Iii As Trustee
Seller's Agent
Shelley Saxton
Brown Harris Stevens Residential Sales LLC
Buyer's Agent
Direct Deal Listing
Direct Deal
List Price
$26,000,000
Sold Price
$20,000,000
Premium/Discount to List
-$6,000,000
-23.08%
Views
290

Purchase Details

Closed on
Dec 31, 2019
Sold by
Dalva Realty Company Llc
Bought by
Dalva Leon and Dalva Robert

Purchase Details

Closed on
Apr 24, 2009
Sold by
44 East 57Th St Realty Corp
Bought by
Dalva Realty Company Llc

Purchase Details

Closed on
Mar 22, 2007
Sold by
53 East 77Th Llc and % The Macklowe Properties
Bought by
44 East 57Th St Realty Corp

Purchase Details

Closed on
Feb 7, 2006
Sold by
53 East 77Th Street Associates Llc
Bought by
53 East 77Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,939,281
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2005
Sold by
53 East 77Th Realty Llc and Rosen Preminger %
Bought by
53 East 77Th Street Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 1997
Sold by
Feil Gerald and Roth Stanley
Bought by
53 East 77Th Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
77 Jv Llc $20,000,000 --
Dalva Leon -- --
Dalva Leon -- --
Dalva Leon -- --
Dalva Realty Company Llc -- --
Dalva Realty Company Llc -- --
44 East 57Th St Realty Corp -- --
44 East 57Th St Realty Corp -- --
53 East 77Th Llc $15,750,000 --
53 East 77Th Llc $15,750,000 --
53 East 77Th Street Associates Llc $11,400,000 --
53 East 77Th Street Associates Llc $11,400,000 --
53 East 77Th Realty Llc $5,500,000 The Title Guarantee Company
53 East 77Th Realty Llc $5,500,000 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 53 East 77Th Llc $8,939,281
Previous Owner 53 East 77Th Street Associates Llc $9,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $20,000,000 -23.1% $1,379 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/21/2024 05/21/24 Sold $26,000,000 0.0% $1,793 / Sq Ft View Prior Sale
05/21/2024 05/21/24 Pending -- -- --
10/19/2023 10/19/23 For Sale $26,000,000 0.0% $1,793 / Sq Ft
10/18/2023 10/18/23 For Sale $26,000,000 -- $1,793 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $408,032 $3,868,582 $1,354,500 $2,514,082
2024 $408,032 $3,852,270 $1,354,500 $2,497,770
2023 $420,793 $3,952,590 $1,354,500 $2,598,090
2022 $404,415 $4,139,550 $1,354,500 $2,785,050
2021 $376,679 $3,611,700 $1,354,500 $2,257,200
2020 $372,428 $4,802,400 $1,354,500 $3,447,900
2019 $360,265 $4,706,100 $1,354,500 $3,351,600
2018 $325,734 $4,256,550 $1,354,500 $2,902,050
2017 $298,998 $3,549,600 $1,354,500 $2,195,100
2016 $287,938 $3,093,750 $1,354,500 $1,739,250
2015 $106,791 $3,132,000 $1,354,500 $1,777,500
2014 $106,791 $2,756,250 $1,354,500 $1,401,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10992240

Real Estate Board of New York (REBNY)

APN: 1392-0025

Your Personal Tour Guide

Ask me questions while you tour the home.