$640,000
SOLD FEB 20, 2025
-- Bed
1 Bath
515 Sq Ft
$546/mo HOA Fee

Recently Sold

$1,243 Per Sq Ft

102 Days on Market

Highlights

  • City View
  • 2-minute walk to Lexington Avenue-53 Street
  • Window Unit Cooling System
  • P.S. 59 Beekman Hill International Rated A
  • New Windows
  • Entrance Foyer

About This Home

As of February 2025

140 East 56th St. is a centrally located condo set in the heart of Midtown. With a flexible layout and south-facing sunny big city views, this is perfect as a pied-a-terre, investment property or primary residence. Pets are welcome! This charming A-line Jr. 1BR has a separate living and dining area, and a stand alone kitchen featuring a dishwasher and a built-in convenient breakfast space. The apartment has beautiful parquet wooden floors and a total of 4 ample closets.

The location and layout of the apartment are ideal for hybrid work. Located in the heart of Midtown, walk to work within minutes or set up an efficient home office tucked away behind closed doors within the spacious living room closet.

Access to subway lines - E, F, N, R, W, 4, 5, 6 & numerous bus routes.

There is a full-time doorman for convenience and privacy with an on-site super, an impressive mahogany and marble lobby, package room, newly renovated card-operated laundry room as well as a bike room & storage room. Parking next door is available for rent. Both FIOS and Spectrum are available.

The location is about convenience, luxury, and easy access to cultural institutions. Set right in the middle of Midtown Manhattan, luxury shopping is at your front door. From Bloomingdale’s and Tiffany to Gucci and Bergdorf Goodman, you have access to all of the best 5th Avenue & Madison Avenue boutiques. Central Park is a quick 10 minute walk & Whole Foods is 2 blocks away. The apartment is also in close proximity to Grand Central, Rockefeller Center, MoMA, Art auction houses & galleries making this small gem a prime investment.

“While every attempt is made to ensure accuracy, this floor plan is for guidance only. The measurements, dimensions, specifications, and other data shown are approximate and may not be to scale.  We assume no responsibility for the accuracy of this floor plan or for any action taken in reliance thereon. This floor plan does not create any representation, warranty or contract. All parties should consult a professional, such as an architect, to verify the information contained herein.”

Last Agent to Sell the Property

Dovanna Pagowski

R New York License #10301208254 Listed on: 10/03/2024

R New York

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,102

Year Built

  • Built in 1956

HOA Fees

  • $546 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 515 Sq Ft Home
  • New Windows
  • Entrance Foyer
  • City Views

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 7502 / 1310

Community Details

Overview

  • Turtle Bay Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,102

Year Built

Built in 1956

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Cross Street: Lexington Avenue/Third Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 14
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Interior Features: Entrance Foyer, Kitchen Window
  • Living Area: 515.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Storage

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 545.99
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 16
  • Year Built: 1956

Tax Info

  • Tax Block: 1310
  • Tax Lot: 7502
  • Tax Annual: 8102.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Feb 20, 2025
Sold by
Marcante Ornella
Bought by
Royal Erica A
Seller's Agent
Dovanna Pagowski
R New York
List Price
$639,000
Sold Price
$640,000
Premium/Discount to List
$1,000
0.16%
Views
116
Current Estimated Value
$612,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,019
Avg. Annual Appreciation
-6.91%
Original Mortgage
$576,000
Outstanding Balance
$574,080
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,951

Purchase Details

Closed on
Oct 3, 2008
Sold by
Harju Vesa Tapio and Hemila Hanna Kaarina
Bought by
Marcante Ornella

Purchase Details

Closed on
Oct 30, 2002
Sold by
Wilson William B and Wilson Joan E
Bought by
Hemila Hanna Kaarina and Harju Vesa Tapio
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 Type Sale Price Title Company
Deed $640,000 --
Deed $575,000 --
Deed $575,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $576,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $640,000 +0.2% $1,243 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
10/03/2024 10/03/24 For Sale $639,000 0.0% $1,241 / Sq Ft
06/03/2019 06/03/19 Rented -- -- --
05/04/2019 05/04/19 Under Contract -- -- --
03/02/2019 03/02/19 For Rent $2,600 -- --
11/26/2018 11/26/18 Rented -- -- --
10/27/2018 10/27/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent -- -- --
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 $10,067 $81,280 $12,963 $68,317
2024 $10,067 $80,523 $12,963 $67,560
2023 $7,942 $78,476 $12,963 $65,513
2022 $7,783 $82,808 $12,963 $69,845
2021 $9,371 $80,599 $12,963 $67,636
2020 $7,863 $89,089 $12,963 $76,126
2019 $7,665 $86,646 $12,963 $73,683
2018 $8,876 $84,013 $12,963 $71,050
2017 $8,150 $71,250 $12,963 $58,287
2016 $8,032 $75,306 $12,963 $62,343
2015 $4,577 $71,319 $12,963 $58,356
2014 $4,577 $60,872 $12,963 $47,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11013535

Real Estate Board of New York (REBNY)

APN: 1310-1438