NOT LISTED FOR SALE

Estimated Value: $4,721,000 - $6,540,000

3 Beds
3.5 Baths
2,451 Sq Ft
$5,386/mo HOA Fee

Last Sold January 20, 2023

Last sale price $5,800,000 $2,366 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $40,691/month

5 Days on Market

Highlights

  • Newly Remodeled
  • 3-minute walk to 5 Avenue-53 Street
  • Central Air
  • P.S. 111 Adolph S. Ochs Rated A-
  • City View
  • High-Rise Condominium

About This Home

As of January 2023

Balancing grand scale living with the intimate feeling of home, Residence 37C at 53 West 53 comprises 2,451 square feet, offering three bedrooms, three-and-a-half bathrooms, and north-, south-, and west-facing exposures. Gracious proportions and ceilings ranging up to approximately 109" set the awe-inspiring stage for world-renowned designer Thierry Desponts masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.

From the entry gallery, the generous living room is lined with floor-to-ceiling windows that artfully frame south-facing views. An adjacent pair of dramatic pocket doors opens to reveal the custom kitchen by Thierry Despont for Molteni, where polished statuary marble countertops and a back-lit statuary backsplash complement back-painted glass cabinetry with polished nickel detailing and Dornbracht fixtures. The extensive suite of appliances by Miele and Sub-Zero includes a fully integrated refrigerator and freezer, five-burner cooktop with fully vented hood, integrated dishwasher, wall oven, and under-counter wine refrigerator.

The primary suite offers south- and west-facing views; multiple closets including one walk-in; and a spacious en suite bath with radiant heated floors. Elegantly appointed in polished Noir St. Laurent marble, high-honed Verona limestone, and polished Peruvian golden travertine with polished nickel Dornbracht fixtures throughout, the primary bathroom features two separate custom carved vanities, a cast iron Lefroy Brooks soaking tub, freestanding shower, and private water closet. Two additional bedrooms-one facing north and the other south-each offer an en suite bathroom clad in high-honed Verona limestone with polished nickel Dornbracht fixtures. Completing the residence are a beautifully appointed powder room and a discreet utility closet with washer and vented dryer. No detail has been overlooked, from the custom interior lighting design by Thierry Despont in collaboration with Bill Schwinghammer, to the motorized Lutron solar shades throughout with additional blackout shades in each bedroom, to the supply of humidified and filtered fresh air throughout the home.

With architecture by Pritzker Prize-winner Jean Nouvel and interiors by the legendary Thierry Despont, 53 West 53 is a true icon, rising 1,050 feet in the heart of Manhattan against the cinematic backdrop of Central Park and the surrounding cityscape. Over 30,000 square feet of extraordinary amenities and deeply personalized, five-star-hotel-level services transcend even the most discerning expectations.

The complete offering terms are in an offering plan available from Sponsor. File No. CD14-0230. Sponsor: W2005/Hines West Fifty-Third Realty, LLC, c/o Hines, 345 Hudson Street, 12th Floor, New York, NY 10014.

Last Agent to Sell the Property

John Gomes

Douglas Elliman Real Estate License #30GO1052483 Listed on: 12/14/2022

Douglas Elliman Real Estate

Co-Listed By

Frances Katzen

Douglas Elliman Real Estate License #30KA1018951

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37,824

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.43

HOA Fees

  • $5,386 Monthly HOA Fees

Interior Spaces

  • 2,451 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air

Community Details

  • 161 Units
  • High-Rise Condominium
  • 53W53 Condos
  • Midtown Subdivision
  • 82-Story Property

Listing and Financial Details

  • Legal Lot and Block 1356 / 01269

Property Details

Home Type

Condominium

Est. Annual Taxes

$37,824

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$5,386 per month

Listing Details

  • Exposures: North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 37
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 82

Interior Features

  • Fireplace: No
  • Living Area: 2451.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5386.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: 53W53
  • Units: 161
  • Total Stories: 82
  • Year Built: 2018

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01269
  • Tax Lot: 1356
  • Tax Annual: 37824.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 20, 2023
Sold by
W2005/Hines West Fifty-Third Realty Llc
Bought by
Belsley Michael and Owen Nina
Seller's Agent
John Gomes
Douglas Elliman Real Estate
List Price
$7,625,000
Sold Price
$5,800,000
Premium/Discount to List
-$1,825,000
-23.93%
Total Days on Market
5
Current Estimated Value
$5,638,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,467
Avg. Annual Appreciation
-1.17%
Original Mortgage
$5,000,000
Outstanding Balance
$4,868,755
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$769,778
Source: Public Records

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Range of Values:

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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
Belsley Michael $5,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belsley Michael $5,000,000
Previous Owner W2005/Hines West Fifty-Third Realty Llc $114,800,000
Previous Owner W2005/Hines West Fifty-Third Realty Llc $52,616,102
Previous Owner W2005/Hines West Fifty-Third Realty Llc $35,500,000
Previous Owner W2005/Hines West Fifty-Third Realty Llc $42,000,000
Previous Owner United Overseas Bank Limited New York A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Off Market $7,625,000 -- --
01/20/2023 01/20/23 Sold $5,800,000 -23.9% $2,366 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $7,625,000 -- $3,111 / 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
2024 $64,583 $516,585 $78,847 $437,738
2023 $63,115 $514,512 $78,847 $435,665
2022 $62,402 $510,027 $78,847 $431,180
2021 $58,615 $477,826 $78,847 $398,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10924539

Real Estate Board of New York (REBNY)

APN: 1269-1356