16 Sutton Place South

Local assessors in New York, NY have categorized 16 Sutton Place South as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 8,033 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 1,004 ft. This is a 20 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,274,515 in taxes each year. 16 Sutton Place South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $10,315,350. If we break it down further, the land itself was valued at $2,515,500. Improvements to the property, however, were assessed at a total of $7,799,850. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.