$590,000
SOLD MAY 7, 2025
-- Bed
1 Bath
514 Sq Ft
$708/mo HOA Fee

Recently Sold

$1,148 Per Sq Ft

1% Below List Price

19 Days on Market

Highlights

  • City View
  • 2-minute walk to Lexington Avenue-53 Street
  • Garage
  • P.S. 59 Beekman Hill International Rated A
  • Cooling Available
  • Community Storage Space

About This Home

As of May 2025

Alcover Studio/Jr. 1BR Condo in the Heart of Midtown!

Discover urban living at its best in this open, light-filled alcove studio apartment with southern skyline views of the city! Situated on the 15th floor, apartment 15A boasts sunny and south facing windows, letting you escape the hustle and bustle of the city life, and treats you to calming skyline views. As you enter into the apartment through the foyer, you are greeted by an abundance of storage space (3 closets total), and a refreshed, functional kitchen with new appliances with plenty of counter space and a full-sized fridge. The freshly painted walls complement the beautifully refinished parquet tile floors, creating a bright and inviting atmosphere throughout.

The windowed sleeping alcove with its built-in pocket door, can accommodate a Queen-sized bed, creating a Junior 1 bedroom to suit your lifestyle. The apartment also features beautifully refinished parquet tile floors, a second alcove perfect for a home office workstation, and a spacious living area large enough to accommodate a dining area, making it the perfect space to entertain your guests. It is a perfect starter home, pied-a-terre, or investment property right in the heart of Manhattan!

140 East 56th Street is a post-war elevator building, with a live-in superintendent, central laundry facilities, and optional bike and private storage lockers (for rent). For added convenience, there is an onsite garage available for residents. The building is pet friendly and permits up to 1 dog per apartment. This Midtown location offers easy access to an array of dining, shopping, and entertainment options, ensuring there's always something exciting to explore just moments from your doorstep. From leisurely strolls in Central Park to immersing yourself in world-class museums, the vibrant energy of Midtown awaits.

Call or email to schedule your appointment today!

Note: The listed property taxes are reflective of the primary residence condo tax abatement. Property taxes are $713.71 per month without the condo tax abatement.

Last Agent to Sell the Property

Edward Liao

Brown Harris Stevens Residential Sales LLC License #10301205971 Listed on: 02/13/2025

Brown Harris Stevens Residential Sales LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,780

Year Built

  • Built in 1956

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • 514 Sq Ft Home
  • City Views

Utilities

  • Cooling Available

Listing and Financial Details

  • Legal Lot and Block 1446 / 01310

Community Details

Overview

  • 157 Units
  • High-Rise Condominium
  • Sutton Place Subdivision
  • 16-Story Property

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,780

Year Built

Built in 1956

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sutton Place
  • Entry Level: 15
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: No Aggressive Breeds,Building Pets Allowed Comments:No Aggressive Breeds
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Fireplace: No
  • Living Area: 514.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None, PrivateOutdoorSpaceUnder60Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Storage
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 708.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: C5-2.5

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 157
  • Total Stories: 16
  • Year Built: 1956

Tax Info

  • Tax Block: 01310
  • Tax Lot: 1446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
May 7, 2025
Sold by
Frey As Successor Trust David and The James Grafstein 2023 Revocable Trust
Bought by
Kokaraki Georgia
Seller's Agent
Edward Liao
Brown Harris Stevens Residential Sales LLC
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.54%
Original Mortgage
$472,000
Outstanding Balance
$471,585
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,589

Purchase Details

Closed on
Jul 6, 2023
Sold by
Grafstein James
Bought by
James Grafstein 2023 Revocable Trust and James Grafstein Trustee

Purchase Details

Closed on
Feb 12, 1998
Sold by
Murphy Ellen Bridget
Bought by
Grafstein James
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 $590,000 --
Deed -- --
Deed $175,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $590,000 -0.8% $1,148 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $595,000 -- $1,158 / 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 $8,780 $70,872 $12,963 $57,909
2024 $8,780 $70,232 $12,963 $57,269
2023 $6,927 $68,451 $12,963 $55,488
2022 $6,790 $72,277 $12,963 $59,314
2021 $8,181 $70,401 $12,963 $57,438
2020 $6,867 $77,610 $12,963 $64,647
2019 $6,702 $75,536 $12,963 $62,573
2018 $7,730 $73,301 $12,964 $60,337
2017 $7,063 $62,461 $12,963 $49,498
2016 $6,917 $65,906 $12,963 $52,943
2015 $3,984 $62,520 $12,963 $49,557
2014 $3,984 $51,694 $12,963 $38,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20003137

Real Estate Board of New York (REBNY)

APN: 1310-1446