7-11 E 40th St New York, NY 10016
Midtown East NeighborhoodEstimated Value: $68,613,024
Studio
--
Bath
86,788
Sq Ft
$791/Sq Ft
Est. Value
About This Home
This home is located at 7-11 E 40th St, New York, NY 10016 and is currently estimated at $68,613,024, approximately $790 per square foot. 7-11 E 40th St is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2018
Sold by
9 East 40Th Street Llc and %
Bought by
Sachar 26 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900,000
Outstanding Balance
$37,187,983
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$31,425,041
Purchase Details
Closed on
Jan 14, 1997
Sold by
Wohl Rose J and Wohl Ronne
Bought by
9 East 40Th Street Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sachar 26 Llc | $70,250,000 | -- | |
| 9 East 40Th Street Llc | -- | Ticor Title Guarantee Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sachar 26 Llc | $43,900,000 |
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 |
|---|---|---|---|---|
| 2026 | $828,272 | $8,447,850 | $2,137,500 | $6,310,350 |
| 2025 | $801,337 | $7,696,260 | $2,137,500 | $5,558,760 |
| 2024 | $801,337 | $7,565,490 | $2,137,500 | $5,427,990 |
| 2023 | $794,499 | $7,462,890 | $2,137,500 | $5,325,390 |
| 2022 | $769,261 | $7,160,400 | $2,137,500 | $5,022,900 |
| 2021 | $667,225 | $6,239,250 | $2,137,500 | $4,101,750 |
| 2020 | $820,362 | $8,237,250 | $2,137,500 | $6,099,750 |
| 2019 | $800,587 | $8,081,100 | $2,137,500 | $5,943,600 |
| 2018 | $809,170 | $7,565,850 | $2,137,500 | $5,428,350 |
| 2017 | $759,312 | $7,561,800 | $2,137,500 | $5,424,300 |
| 2016 | $732,188 | $7,481,700 | $2,137,500 | $5,344,200 |
| 2015 | $276,512 | $7,933,050 | $2,137,500 | $5,795,550 |
| 2014 | $276,512 | $7,709,850 | $2,137,500 | $5,572,350 |
Source: Public Records
Map
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