$2,087,000 - $3,324,000
RENTED MAY 7, 2025
3 Beds
3 Baths
1,881 Sq Ft
2003 Built

Last Sold September 26, 2023

Last sale price $3,150,000 $1,675 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $18,802/month

Highlights

  • River View
  • No HOA
  • Garage
  • P.S. 59 Beekman Hill International Rated A
  • Central Air
  • 5-minute walk to Tramway Plaza

About This Home

As of May 2025

STUNNING VIEWS, SUN-BLASTED SOUTH EAST LUXURIOUS TURN-KEY SMART HOME. Perched on the 22nd floor, prepare yourself to be mesmerized by this CORNER move in ready 3 bedroom/3 bathroom home with OPEN CITY VIEWS of the Manhattan skyline, East River and many iconic buildings. Just shy of 1900SF, the expansive layout includes an inviting entry foyer leading to a dramatic south and east lofty like living room with 10 foot ceilings bathed in light; ideal for entertaining. The windowed gourmet eat in Chef's kitchen with a comfy banquet features European cabinetry, stone countertops and high end appliances from Miele and Viking. The primary and oversized corner bedroom suite has 3 custom closets (including one walk in closet), and additional storage. Gorgeous and massive en-suite 5 fixture spa marble windowed bathroom, includes a separate shower stall and waterworks fixtures. The spacious second bedroom has lovely built-ins for a desk, along with an en-suite marble bathroom with Waterworks fixtures, and a well proportioned custom closet. The adjacent 3rd bedroom is now used as a home office. An adjoining full bathroom can be used as an en-suite bathroom and also function nicely as a guest bathroom. Add to this central a/c with individual climate control, motorized shades, custom lighting, vented washer dryer, massive amounts of storage space, custom closets, and lovely hardwood floors. The Milan Condominium has a gorgeous double height lobby with an exquisite peaceful Bamboo Garden, 24 hour doorman and concierge, live in resident manager, private fitness center, parking garage, bicycle room, and cold storage. Located in prime midtown east in close proximity to all major transportation including subways and the cross town bus, the new East river Promenade park, Whole Foods, Trader Joes, wellness centers, boutiques, trendy restaurants, the finest shopping along Madison avenue and a quick walk to Central Park and more.

Last Agent to Rent the Property

Kym Spiegel

Douglas Elliman Real Estate License #30SP0938134 Listed on: 04/13/2025

Douglas Elliman Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,704

Year Built

  • Built in 2003

Parking

  • Garage

Property Views

  • River

Home Design

  • 1,881 Sq Ft Home
  • Entry on the 22nd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Central Air

Additional Features

  • Basement

Listing and Financial Details

  • Property Available on 1/19/25
  • Legal Lot and Block 1094 / 01347

Community Details

Overview

  • No Home Owners Association
  • 152 Units
  • High-Rise Condominium
  • Sutton Place Subdivision
  • 31-Story Property

Amenities

  • Courtyard
  • Community Storage Space

Condo Details

Home Type

Condominium

Est. Annual Taxes

$43,704

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-01-19

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Sutton Place
  • Entry Level: 22
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: none,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 31

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1881.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: Bridge(s), City Lights, City, Panoramic, River
  • View: Yes
  • Exterior Features: Building Courtyard, None, PrivateOutdoorSpaceUnder60Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup
  • Green Building Features: Elevator(s), Storage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning Description: RC

Building Info

  • New Construction: No
  • Units: 152
  • Total Stories: 31
  • Year Built: 2003

Tax Info

  • Tax Block: 01347
  • Tax Lot: 1094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Sep 26, 2023
Sold by
Kandalama Llc
Bought by
Leung Imay and Leung Yee
Seller's Agent
Kym Spiegel
Douglas Elliman Real Estate
List Price
$3,700,000
Sold Price
$3,150,000
Premium/Discount to List
-$550,000
-14.86%
Views
99
Current Estimated Value
$2,848,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$301,804
Avg. Annual Appreciation
-4.84%

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 10, 2018
Sold by
Cummings Karen L and Cummings Stephen E
Bought by
Kandalama Llc
Seller's Agent
Mindy Feldman
Brown Harris Stevens Residential Sales LLC
List Price
$3,750,000
Sold Price
$3,025,000
Premium/Discount to List
-$725,000
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Cummings Stephen E
Bought by
Cummings Karen L and Cummings Stephen E

Purchase Details

Closed on
Feb 17, 2005
Sold by
Milan Development Llc
Bought by
Kessler Eric and Kessler Marcia

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
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Leung Imay $3,150,000 --
Kandalama Llc $3,025,000 --
Cummings Karen L -- --
Cummings Stephen E $3,125,000 --
Kessler Eric $2,341,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessler Eric $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Rented $13,750 0.0% --
01/24/2025 01/24/25 For Rent $13,750 0.0% --
09/26/2023 09/26/23 Sold $3,150,000 -7.2% $1,675 / Sq Ft View Prior Sale
08/18/2023 08/18/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $3,395,000 -8.2% $1,805 / Sq Ft
03/23/2023 03/23/23 For Sale $3,700,000 +22.3% $1,967 / Sq Ft
12/10/2018 12/10/18 Sold $3,025,000 -19.3% $1,608 / Sq Ft View Prior Sale
11/10/2018 11/10/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $3,750,000 -- $1,994 / 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 $43,704 $347,944 $27,086 $320,858
2024 $43,704 $349,580 $27,086 $322,494
2023 $42,435 $345,924 $27,086 $318,838
2022 $38,541 $339,420 $27,086 $312,334
2021 $44,047 $364,379 $27,086 $337,293
2020 $43,224 $402,485 $27,086 $375,399
2019 $40,411 $410,262 $27,086 $383,176
2018 $40,595 $395,927 $27,086 $368,841
2017 $37,444 $327,789 $27,085 $300,704
2016 $29,962 $319,987 $27,086 $292,901
2015 $7,482 $283,890 $27,086 $256,804
2014 $7,482 $285,842 $27,085 $258,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11031008

Real Estate Board of New York (REBNY)

APN: 1347-1094