NOT LISTED FOR SALE

Estimated Value: $2,957,000 - $3,888,473

3 Beds
3 Baths
1,643 Sq Ft
$2,254/mo HOA Fee

Last Sold July 01, 2014

Last sale price $3,500,000 $2,130 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $23,513/month

110 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to 86 Street (4,5,6 Line)
  • 4-minute walk to Ancient Playground
  • P.S. 6 Lillie D. Blake Rated A
  • Laundry Facilities

About This Home

As of July 2014

We are proud to offer this 15th floor three (3BR) bedroom /two-and-a-half bath (2.5BA) classic seven prewar condominium in Manhattan's Carnegie Hill. Apartment 15C boasts classic pre-war trimmings: a functional wood burning fireplace, beamed ceilings, a formal corner dining room, attractive moldings, large windows, four (4) exposures, and gorgeous hardwood floors. The former maid's room has been incorporated into the kitchen, creating a double exposed eat-in kitchen with powder room and washer/dryer. Located in prime Carnegie Hill, 55 East 86th Street was built in 1924 and features a full-time doorman, elevator attendant, roof deck, fitness center, and storage. Located just over one block from Central Park, this condominium is very pet-friendly and one of only a handful of pre-war condominiums in the area. With area amenities such as Museum Mile, unmatched dining, and boutique shopping, you can Have it all in the Heart of it all at 55 East 86th Street.

Last Agent to Sell the Property

Carl Ekroth

Douglas Elliman Real Estate License #10301205398 Listed on: 02/05/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,988

Year Built

  • Built in 1924

Lot Details

  • 0.25

HOA Fees

  • $2,254 Monthly HOA Fees

Home Design

  • 1,643 Sq Ft Home
  • Pre War Building
  • Entry on the 15th floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Block 1498

Community Details

Overview

  • 46 Units
  • 55 East 86 Street Assoc. Condos
  • Carnegie Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,988

Year Built

Built in 1924

Lot Details

0

HOA Fees

$2,254 per month

Listing Details

  • Cross Street: Madison/Park Aves.
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: CARNEGIE
  • Architectural Style: Prewar
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Living Area: 1643.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 3
  • Bedrooms: 3

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2254.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 55 East 86 Street Assoc.
  • Units: 46
  • Total Stories: 16
  • Year Built: 1924

Tax Info

  • Tax Block: 1498
  • Tax Annual: 17988.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jun 30, 2014
Sold by
Foley Kevin M and Silbert Donna J
Bought by
Ahn Jacqueline and Um Maynard
Seller's Agent
Carl Ekroth
Douglas Elliman Real Estate
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Current Estimated Value
$3,448,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,382
Avg. Annual Appreciation
-1.11%
Original Mortgage
$2,350,000
Outstanding Balance
$1,797,749
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,288,462

Purchase Details

Closed on
Feb 8, 2002
Sold by
Boffa Jeffrey R and Campbell Michele R
Bought by
Foley Kevin M and Silbert Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 21, 1997
Sold by
Gottleib Rochelle and Moss Rochele
Bought by
Boffa Jeffrey R and Campbell Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
7%
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
Ahn Jacqueline $3,500,000 --
Foley Kevin M -- --
Boffa Jeffrey R $970,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahn Jacqueline $2,350,000
Previous Owner Foley Kevin M $160,000
Previous Owner Foley Kevin M $527,307
Previous Owner Foley Kevin M $500,000
Previous Owner Foley Kevin M $1,000,000
Previous Owner Boffa Jeffrey R $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $3,500,000 -6.7% $2,130 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $3,750,000 -- $2,282 / 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 $36,562 $312,689 $6,850 $305,839
2024 $36,562 $292,452 $6,850 $285,602
2023 $30,153 $297,947 $6,850 $291,097
2022 $28,985 $302,938 $6,850 $296,088
2021 $35,439 $288,896 $6,850 $282,046
2020 $29,631 $319,984 $6,850 $313,134
2019 $28,124 $312,791 $6,850 $305,941
2018 $33,563 $312,635 $6,850 $305,785
2014 $12,129 $243,608 $6,849 $236,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10077639

Real Estate Board of New York (REBNY)

APN: 1498-1045