NOT LISTED FOR SALE

Estimated Value: $646,000 - $929,000

2 Beds
1 Bath
-- Sq Ft
$1,180/mo HOA Fee

Last Sold July 01, 2024

Last sale price $860,000

Est. 5% decrease in value since last sale

Current estimated payment $6,827/month

34 Days on Market

Highlights

  • Laundry Room
  • 1-minute walk to 57 Street (F Line)
  • Garage
  • P.S. 111 Adolph S. Ochs Rated A-
  • Entrance Foyer

About This Home

As of July 2024

Experience the pinnacle of Midtown living in this expansive, meticulously designed 1-bedroom condominium, which can easily be converted into a two-bedroom sanctuary. Nestled in the prestigious Gallery House, this corner unit has so much potential. It embodies luxury and spaciousness, boasting a grand 26-foot living room that bathes in natural light from its south and west-facing windows where you can get a front row seat to major NYC events. The oversized master bedroom, ready to accommodate king or queen sized arrangements, features an extensive wall of floor-to-ceiling closets, offering ample storage above.

The living quarters seamlessly flow into a dining area that presents a versatile opportunity to be transformed into a second bedroom or an office, enhancing the functionality of this elegant space. Once updated to meet your style, the windowed bathroom will be your haven of relaxation, with a soaking tub/shower and a generous linen closet ensuring a spa-like experience within the comfort of your home. Step into the welcoming foyer, greeted by a deep walk-in closet and coat storage. The south-facing windows not only illuminate the space with abundant sunlight but also offer captivating views that enrich the living experience.

Gallery House stands as a beacon of luxury living and was designed by the esteemed Horace Ginsburn & Associates. This 20-story condominium, hosting 184 units, is renowned for its panoramic Manhattan skyline and Central Park views from a beautifully landscaped and furnished Roof Deck. Residents enjoy the convenience of a full-service building, including two elevators, a 24-hour Doorman, a Concierge, a Live-in Super, central laundry, and a panoramic Roof Deck. The inclusion of a garage and the adjacent gourmet market elevates the living experience to new heights.

Strategically located across from the iconic pop-art LOVE sculpture at the corner of 55th St. and 6th Ave., Gallery House is a stone's throw from Central Park, Carnegie Hall, and a myriad of New York City's cultural landmarks. Proximity to Billionaire Row, MOMA, Radio City, Rockefeller Center, and Lincoln Center, along with easy access to major subway lines, underscores the unparalleled convenience of this prime Midtown location.

This remarkable residence is not only a luxurious haven but also a wise investment opportunity, welcoming pieds-à-terre, pets, and sublets. Embrace the opportunity to reside in one of Manhattan's most coveted addresses, where luxury, convenience, and panoramic vistas converge.

Contact us today to discover how this exceptional Midtown gem can become your new home.

Capital Assessment is an additional $266.49.

Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Last Agent to Sell the Property

Michael Meier

Sothebys International Realty License #10301218992 Listed on: 04/09/2024

Sothebys International Realty

Co-Listed By

Cody Hernandez

Compass License #10401307722

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,777

Year Built

  • Built in 1961

Lot Details

  • 0.27

HOA Fees

  • $1,180 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • Entrance Foyer
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 7501 / 01271

Community Details

Overview

  • 183 Units
  • Gallery House Condos
  • Midtown Central Subdivision
  • 21-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,777

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,180 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown Central
  • Entry Level: 3
  • Structure Type: None
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21

Interior Features

  • Interior Features: Entrance Foyer, Elevator
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

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

Exterior Features

  • Other Structures: Garage(s)

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Common On Floor, Common Area, Laundry Room, In Unit

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1180.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 11800.0
  • Lot Size Dimensions: 100.42 x 117.5

Building Info

  • New Construction: No
  • Building Name: Gallery House
  • Units: 183
  • Total Stories: 21
  • Year Built: 1961

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01271
  • Tax Lot: 7501
  • Tax Annual: 10777.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 25, 2024
Sold by
Edward George Schwartz Trustee For and The Revocable Trust Of Barbara Ann Klein
Bought by
Alvoid Richard Arlen and Zanardi Cristina
Seller's Agent
Michael Meier
Sothebys International Realty
List Price
$875,000
Sold Price
$860,000
Premium/Discount to List
-$15,000
-1.71%
Total Days on Market
34
Views
87
Current Estimated Value
$817,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,899
Avg. Annual Appreciation
-5.24%

Purchase Details

Closed on
Apr 6, 2024
Sold by
Klein Barbara Ann A
Bought by
Edward George Schwartz As Trustee and Klein Life Estate Barbara Ann

Purchase Details

Closed on
Jun 4, 2009
Sold by
Sternglass Lila Mae
Bought by
Klein Barbara Ann

Purchase Details

Closed on
Mar 22, 2002
Sold by
Banks Murray
Bought by
Seifrit Gary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,025
Interest Rate
7.13%
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 Buyer Sale Price Title Company
Alvoid Richard Arlen $860,000 --
Edward George Schwartz As Trustee -- --
Edward George Schwartz As Trustee -- --
Klein Barbara Ann $850,000 --
Klein Barbara Ann $850,000 --
Seifrit Gary C -- --
Seifrit Gary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klein Barbara A $174,000
Previous Owner Seifrit Gary C $427,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $860,000 -1.7% --
05/14/2024 05/14/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $875,000 -- --
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
2024 $12,984 $103,854 $23,407 $80,447
2023 $9,160 $106,479 $23,407 $83,072
2022 $8,663 $119,135 $23,407 $95,728
2021 $11,498 $93,730 $23,407 $70,323
2020 $9,467 $105,173 $23,407 $81,766
2019 $9,376 $106,365 $23,407 $82,958
2018 $11,099 $107,251 $23,407 $83,844
2017 $10,868 $97,070 $23,407 $73,663
2016 $10,309 $91,321 $23,407 $67,914
2015 -- $88,077 $23,407 $64,670
2014 -- $78,714 $23,408 $55,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10977266

Real Estate Board of New York (REBNY)

APN: 1271-0305