NOT LISTED FOR SALE

Park Avenue Place 60 E 55th St Unit 40A Floor 40 New York, NY 10022

Midtown East Neighborhood

Estimated Value: $1,565,000 - $1,841,000

1 Bed
1.5 Baths
992 Sq Ft
$1,574/mo HOA Fee

Last Sold July 27, 2023

Last sale price $1,750,000 $1,764 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,092/month

63 Days on Market

About This Home

As of July 2023

Located in the heart of Midtown Manhattan, this elegant home located in the incomparable Park Avenue Place condominium offers jaw dropping views of the NYC skyline and is a stone's throw from all the incredible cultural offerings and world-class shopping that Manhattan has to offer. Enter this tranquil and sun-soaked home into the entrance gallery which flows into the corner living/dining room which features floor-to-ceiling glass and open city views north and east. The large, windowed chef's kitchen features top of the line stainless steel appliances (Subzero refrigerator, Miele dishwasher and Miele built-in espresso/coffee machine), terrific counter and storage space and beautiful white-lacquer custom cabinetry. The corner primary bedroom has a large, windowed walk-in closet as well as a beautiful over-sized bathroom featuring a deep soaking tub as well as a walk-in shower. Additional features of this special home include dramatic high ceilings, Brazilian cherrywood floors in impeccable condition, central air and an in-unit washer/dryer. Park Avenue Place is an impeccably run white-glove condominium with full-time doorman, concierge, live-in resident manager, and a full staff of handymen and porters to cater to all of your needs. Additionally, housed within the building is the world-renowned Core Club which has a fitness center and spa, salon, library, lounge and private restaurant with indoor and outdoor dining. This special home is perfect for end-users and investors alike. Shown by private appointment only.

Last Agent to Sell the Property

Stephen Geller

Corcoran Group License #10301208916 Listed on: 03/20/2023

Corcoran Group

Co-Listed By

Michael Russell

Corcoran Group License #10401276743

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,680

Year Built

  • Built in 2006

HOA Fees

  • $1,574 Monthly HOA Fees

Home Design

  • 992 Sq Ft Home
  • Entry on the 40th floor

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 76 Units
  • Park Avenue Place Condos
  • Middle East Side Subdivision
  • 39-Story Property

Listing and Financial Details

  • Tax Block 01290

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,680

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,574 per month

Listing Details

  • Cross Street: MADISON AVENUE and PARK AVENUE
  • Exposures: East,North,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 40
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Dryer, Dishwasher, Washer Dryer Allowed, Washer
  • Living Area: 992.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1574.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: PARK AVENUE PLACE
  • Units: 76
  • Total Stories: 39
  • Year Built: 2006

Tax Info

  • Tax Block: 01290
  • Tax Annual: 28680.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Three Suns Capital Llc
Bought by
Eminence Series Ii Llc
Current Estimated Value
$1,738,330

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jul 27, 2023
Sold by
Sigma Continental Ltd
Bought by
Three Suns Capital Llc
Seller's Agent
Stephen Geller
Corcoran Group
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%

Purchase Details

Closed on
Mar 5, 2008
Sold by
Rfd 55Th Street Llc
Bought by
Sigma Continental Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Eminence Series Ii Llc -- --
Three Suns Capital Llc $1,750,000 --
Sigma Continental Ltd $1,900,000 --
Sigma Continental Ltd $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sigma Continental Ltd $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $1,750,000 -2.8% $1,764 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $1,800,000 -- $1,815 / 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 $28,824 $229,439 $64,063 $165,376
2024 $28,824 $230,554 $64,063 $166,491
2023 $27,422 $223,539 $64,063 $159,476
2022 $28,424 $232,877 $64,063 $168,814
2021 $26,505 $216,064 $64,063 $152,001
2020 $27,217 $244,091 $64,063 $180,028
2019 $25,695 $237,045 $64,063 $172,982
2018 $24,132 $239,006 $64,063 $174,943
2017 $22,760 $223,335 $64,063 $159,272
2016 $21,714 $200,629 $64,063 $136,566
2015 $11,767 $180,771 $64,063 $116,708
2014 $11,767 $165,618 $64,063 $101,555
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stephen Geller

    Corcoran Group

    1 in this area

    41 Total Sales

    Stephen Geller
    Section Image
  • Michael Russell

    Seller Co-Listing Agent in 2023

    Michael Russell

    Corcoran Group

    (678) 665-9291

    1 in this area

    33 Total Sales

    Michael Russell
    Section Image
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About Park Avenue Place

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10873547

Real Estate Board of New York (REBNY)

APN: 1290-1173

New York New York County New York 10022 Midtown East

60 E 55th St Unit 40A, New York, NY

This home is located at 60 E 55th St Unit 40A, New York, NY 10022 since 20 March 2023 and is currently estimated at $1,738,330, approximately $1,752 per square foot. This property was built in 2006. 60 E 55th St Unit 40A is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Clinton School, and Simon Baruch Middle School 104.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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