NOT LISTED FOR SALE

57-61 W 35th St New York, NY 10001

Garment District Neighborhood

Estimated Value: $94,073,580

-- Bed
-- Bath
55,000 Sq Ft
$1,710/Sq Ft Est. Value

About This Home

This home is located at 57-61 W 35th St, New York, NY 10001 and is currently estimated at $94,073,580, approximately $1,710 per square foot. 57-61 W 35th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Mhf-35 Llc
Bought by
59 West 35Th Street Investment Holdings
Current Estimated Value
$94,073,580

Purchase Details

Closed on
Dec 9, 2011
Sold by
Mmg-35 Llc and % Magna Hospitality Group Llc
Bought by
59 West 35Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,176,870
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2008
Sold by
Jai Hotel Llc and Risingsam West 35 Llc
Bought by
Mmg-35 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2007
Sold by
Chryssides Cathy and Estate Of James Podios
Bought by
Shirlene Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Synergetic Real Estate Group Llc and Christies Landing
Bought by
Jai Hotel Llc and Risingsam West 35 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2005
Sold by
Bauman Howard and % Wiggin And Dana Llp
Bought by
Synergetic Real Estate Group Llc

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
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1999
Sold by
Bauman Howard
Bought by
Bauman Joy
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.

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
59 West 35Th Street Investment Holdings -- --
59 West 35Th Street Investment Holdings -- --
59 West 35Th Street Llc $68,241,607 --
59 West 35Th Street Llc $68,241,607 --
Mmg-35 Llc $46,348,000 --
Mmg-35 Llc $46,348,000 --
Shirlene Llc -- --
Shirlene Llc -- --
Jai Hotel Llc $13,250,000 --
Jai Hotel Llc $13,250,000 --
Synergetic Real Estate Group Llc $8,500,000 --
Synergetic Real Estate Group Llc $8,500,000 --
Bauman Joy -- Commonwealth Land Title Ins
Bauman Joy -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 59 West 35Th Street Llc $1,277,000
Previous Owner 59 West 35Th Street Llc $12,176,870
Previous Owner Mmg-35 Llc $3,500,000
Previous Owner Jai Hotel Llc $21,400,000
Previous Owner Jai Hotel Llc $2,600,000
Previous Owner Mid-Manhattan Hotel Associates Llc $5,000,000
Previous Owner Synergetic Real Estate Group Llc $6,000,000
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
2024 $1,115,961 $10,535,890 $3,330,000 $7,205,890
2023 $1,066,937 $10,021,950 $3,330,000 $6,691,950
2022 $1,025,543 $9,535,500 $3,330,000 $6,205,500
2021 $996,627 $9,319,500 $3,330,000 $5,989,500
2020 $1,420,693 $13,482,900 $3,330,000 $10,152,900
2019 $1,411,631 $13,426,200 $3,330,000 $10,096,200
2018 $1,542,097 $14,366,250 $3,330,000 $11,036,250
2017 $1,536,492 $16,088,850 $3,330,000 $12,758,850
2016 $1,490,696 $17,450,550 $3,330,000 $14,120,550
2015 $426,371 $17,840,700 $3,330,000 $14,510,700
2014 $426,371 $17,640,000 $3,330,000 $14,310,000
Source: Public Records

Map

New York New York County New York 10001 Garment District

57-61 W 35th St, New York, NY

This home is located at 57-61 W 35th St, New York, NY 10001 and is currently estimated at $94,073,580, approximately $1,710 per square foot. 57-61 W 35th St is a home located in New York County with nearby schools including P.S. 51 Elias Howe, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes