$925,490 - $962,000
RENTED AUG 6, 2024
-- Bed
1 Bath
-- Sq Ft
1.21 Acres

Last Sold May 20, 2016

Last sale price $1,060,000

Est. 11% decrease in value since last sale

Current estimated payment $6,284/month

Highlights

  • Valet Parking
  • 3-minute walk to 59 Street-Columbus Circle
  • Sauna
  • P.S. 111 Adolph S. Ochs Rated A-
  • Indoor Pool
  • Terrace

About This Home

As of August 2024

Massive high floor studio apartment at the renowned Sheffield Condominium. This spacious home offers a large living space that allows for great flexibility with enough room to fit all your needs. The open kitchen is complete with a Liebher refrigerator, Miele dishwasher, Bosch cooktop, and an island allowing for additional seating. The marble bathroom is both spacious and very tastefully done. In addition there is a walk-in closet for your convenience.

Built by Hyman Shapiro in 1978 and designed by Emery Roth & Sons, the Sheffield, was originally one of the largest rental buildings in Manhattan with over 800 units. After being purchased in 2005 by Ken Swig & partners for a record-breaking $418 million, it was converted into 580 luxury condos.

The Tower stands 58 stories tall with apartments range from 585 ft² studios to 3,417 ft² four-bedroom units. Designed by Cetra Ruddy Architects, units boasting high-end Nordic Ash floors, white and gold marble kitchens with custom Italian cabinetry Miele, Bosch, and Sub-zero appliances and countertops made from Calacatta marble. The bathrooms exhibit dual sinks, soaking tubs, and honed travertine floors, walls, and counters.

Sheffield 57 amenities include a concierge service, a full-time doorman, a garage, a rooftop health club, a pool and a children’s playroom. The Sky Club is one of the Sheffield’s most sought after amenities and provides residents access to a bi-level common area that offers two lounges, a children’s playroom, swimming pool and spa with locker rooms, a yoga studio, fitness center, barbecue grills on the roof terrace and an outdoor sundeck. There is also a Petspa, dog and kid and bike friendly lobby and dog and kid and bike friendly plaza with outdoor seating for relaxing and dining.

Located on what is commonly referred to as “billionaire’s row”, the Sheffield is located at 322 W 57th between 8th and 9th avenue. Minutes away from Columbus Circle, Central Park, Carnegie Hall, Fifth Avenue shopping and some of the best fine dining in the world. There is no shortage of transportation as the A, B, C, D and the N, Q, R and 1 subway lines are within walking distance.

Last Agent to Rent the Property

Katherine Berke

MNS License #10401348328 Listed on: 07/09/2024

Co-Listed By

Adam Berke

Compass License #10401281146

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,699

Year Built

  • Built in 1978

Lot Details

  • Garden

Parking

  • Garage

Interior Spaces

  • 1 Full Bathroom
  • Sauna
  • Dishwasher
  • Home Security System

Outdoor Features

  • Indoor Pool
  • Courtyard
  • Terrace
  • Outdoor Grill

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 8/15/24
  • Tax Block 01047

Community Details

Overview

  • No Home Owners Association
  • 583 Units
  • High-Rise Condominium
  • Hell's Kitchen Subdivision
  • 50-Story Property

Amenities

  • Valet Parking
  • Laundry Facilities

Security

  • Security Guard

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,699

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-08-15

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Hell's Kitchen
  • Entry Level: 38
  • Structure Type: High Rise, Mixed Use
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 50

Interior Features

  • Interior Features: Sauna
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 2

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • Pool Features: Indoor
  • Exterior Features: Barbecue, Courtyard, Garden
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Garage, Valet

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Multiple Locations, Common Area
  • Security: Security System, Security Guard
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 175.000000x200.830000

Building Info

  • New Construction: No
  • Units: 583
  • Total Stories: 50
  • Year Built: 1978

Tax Info

  • Tax Block: 01047
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
May 13, 2016
Sold by
Goh Ee Fann
Bought by
Sheffield38q Corp
Sold Price
$3,700
Current Estimated Value
$946,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,673
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Ut Borrower Llc and % Fortress Hybrid Funds
Bought by
Goh Ee Fann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sheffield38q Corp $1,060,000 --
Goh Ee Fann $758,596 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Rented $4,350 +8.8% --
07/29/2024 07/29/24 Under Contract -- -- --
07/09/2024 07/09/24 For Rent $4,000 +16.8% --
11/28/2017 11/28/17 Rented -- -- --
10/29/2017 10/29/17 Under Contract -- -- --
09/20/2017 09/20/17 For Rent $3,425 -99.7% --
06/30/2016 06/30/16 Rented -- -- --
05/31/2016 05/31/16 Under Contract -- -- --
05/20/2016 05/20/16 Sold $1,060,000 0.0% --
05/19/2016 05/19/16 For Rent $3,700 0.0% --
04/20/2016 04/20/16 Pending -- -- --
07/14/2015 07/14/15 For Sale $1,150,000 -- --
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
2025 $12,699 $103,904 $28,649 $75,255
2024 $12,699 $101,576 $28,753 $73,005
2023 $12,259 $99,931 $28,519 $71,412
2022 $12,297 $101,639 $28,494 $73,145
2021 $12,032 $99,409 $28,494 $70,915
2020 $12,497 $110,057 $28,494 $81,563
2019 $11,897 $107,583 $28,494 $79,089
2018 $11,207 $106,750 $28,494 $78,256
2017 $10,673 $89,514 $28,494 $61,020
2016 $10,419 $92,302 $28,494 $63,808
2015 $5,432 $80,111 $28,272 $51,839
2014 $5,432 $74,340 $27,464 $46,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10982181

Real Estate Board of New York (REBNY)

APN: 1047-2358