$400,000
●
Co-op -
Off Market
240 E 55th St #8E
Manhattan, NY 10022
1 Bed
1 Bath
$2,899
Estimated Monthly
$934
HOA / Fees
9.65%
Cap Rate
About This Property
SPONSOR UNIT................... NO BOARD
APPROVAL.....................NO EXTRA
FEES.....................PERFECT INVESTMENT
Buy for investment and sponsors rights are inherited!
If buying for investment the apartment can be sold furnished.
Buy for a pied-a-terre and take advantage of everything Manhattan has to offer.
SALES POLICY
Financing Allowed: 90%
Tax Deductibility: 60%
Immediate sublet, no sublet fees
No Transfer Fee
APARTMENT FEATURES
New Kitchen, New marble bathroom floor, 3 Huge closets, Great light
BUILDING AMENITIES
GARAGE ATTACHED, LAUNDRY ROOM, SHARED STORAGE, LIVE IN SUPER, PORTER, DOORMAN
CLOSE TO SUBWAYS, BUSES, CAFE'S, BARS, RESTAURANTS, BLOOMINGDALES, CENTRAL PARK
Buy for investment and sponsors rights are inherited!
If buying for investment the apartment can be sold furnished.
Buy for a pied-a-terre and take advantage of everything Manhattan has to offer.
SALES POLICY
Financing Allowed: 90%
Tax Deductibility: 60%
Immediate sublet, no sublet fees
No Transfer Fee
APARTMENT FEATURES
New Kitchen, New marble bathroom floor, 3 Huge closets, Great light
BUILDING AMENITIES
GARAGE ATTACHED, LAUNDRY ROOM, SHARED STORAGE, LIVE IN SUPER, PORTER, DOORMAN
CLOSE TO SUBWAYS, BUSES, CAFE'S, BARS, RESTAURANTS, BLOOMINGDALES, CENTRAL PARK
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$934
Year Built
1963
Last updated: 5 months ago ( #PDES-927354)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 15, 2023 | Listed by GEO Real Estate Group Inc | $375,000 | |
Listed by GEO Real Estate Group Inc | |||
|
|||
Sutton Place location! 1Bdr, 1 Bath apartment on the 8th Fl, 500
sq. ft. Subletting after one year of ownership. Monthly maintenance
is $1,228.90. Property is a post-war cooperative conveniently
located near Whole Foods, Equinox, Central Park, top shopping, and
the 4/5/6, N/R/W, E, and M trains. The building features a
part-time doorman, common laundry and bike storage, and a live-in
super.
The manager has listed the unit size as 500 square feet.
|
|||
Aug 3, 2023 | No longer available | - | |
No longer available | |||
Feb 2, 2023 | No longer available | - | |
No longer available | |||
Feb 2, 2023 | Listed by GEO Real Estate Group Inc | $399,000 | |
Listed by GEO Real Estate Group Inc | |||
|
|||
This property is to be placed in an upcoming auction. All bids
should be submitted at www.xome.com (void where prohibited). All
auction properties are subject to a 3% buyer's premium pursuant to
the Event Agreement and Auction Terms & Conditions (minimums will
apply). Please contact listing agent for details and commission
paid on this property.
The manager has listed the unit size as 500 square feet.
|
|||
Aug 12, 2022 | Price Increased |
$399,000
↑ $100K
(33.4%)
|
|
Price Increased |
Show More
Property Highlights
Garage
Doorman
Elevator
Parking Details
Has Garage
Interior Details
Room Information
Rooms: 3
Exterior Details
Property Information
PropertySubType: Apartment
Living Area Units: SquareFeet
Building Information
Stories (Total): 14
Financial Details
Flip Tax Type: Percent
Tax Deduction Percent: 50
Location Details
Association Fee: $934
Pets Allowed: Building Cats O K
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
1
Bed
1
Bath
625 ft²
$656/ft²
$410,000
Nov 14, 2013
$410,000
Mar 28, 2014
$985/mo
Co-op
1
Bed
1
Bath
-
$419,000
Jul 14, 2020
$419,000
Feb 8, 2021
$1,221/mo
Co-op
1
Bed
1
Bath
-
$425,000
Oct 20, 2021
$425,000
Jul 21, 2022
$1,228/mo
Co-op
1
Bed
1
Bath
615 ft²
$699/ft²
$430,000
Dec 1, 2014
$430,000
Jul 2, 2015
$984/mo
Co-op
1
Bed
1
Bath
634 ft²
$694/ft²
$440,000
Dec 30, 2013
$440,000
Apr 25, 2014
$1,048/mo
Co-op
1
Bed
1
Bath
-
$440,000
Mar 26, 2014
$440,000
Aug 1, 2014
$967/mo
Active
Co-op
2
Beds
2
Baths
1,300 ft²
$308/ft²
$400,000
Feb 5, 2024
-
$4,561/mo
Active
Co-op
1
Bed
1
Bath
800 ft²
$450/ft²
$360,000
Mar 15, 2024
-
$2,500/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/29/2023
|
Studio
|
1 Bath
|
-
|
$370,000
Studio
1 Bath
|
$342,000
-7.57%
01/18/2024
|
-
|
Steen Rasmussen
Level Group, Inc.
|
|
04/11/2023
|
4 Bed
|
4 Bath
|
-
|
$2,995,000
4 Bed
4 Bath
|
$2,800,000
-6.51%
09/13/2023
|
-
|
Jonathan Schulz
Corcoran Group
|
|
08/11/2022
|
1 Bed
|
1 Bath
|
500 ft²
|
$299,000
1 Bed
1 Bath
500 ft²
|
-
-
|
-
|
Gene Burshtein
GEO Real Estate Group Inc
|
|
01/26/2023
|
Studio
|
1 Bath
|
-
|
$400,000
Studio
1 Bath
|
-
-
|
-
|
Lawrence Link
Level Group, Inc.
|
|
08/25/2022
|
1 Bed
|
1 Bath
|
-
|
$685,000
1 Bed
1 Bath
|
-
-
|
-
|
Lawrence Link
Level Group, Inc.
|
|
08/16/2022
|
1 Bed
|
1 Bath
|
-
|
$679,000
1 Bed
1 Bath
|
$665,000
-2.06%
10/10/2023
|
-
|
shimaa anwar
L.G. Fairmont
|
|
07/31/2022
|
1 Bed
|
1 Bath
|
-
|
$480,000
1 Bed
1 Bath
|
-
-
|
-
|
Lawrence Link
Level Group, Inc.
|
|
01/10/2022
|
1 Bed
|
1 Bath
|
625 ft²
|
$509,750
1 Bed
1 Bath
625 ft²
|
$495,000
-2.89%
07/11/2022
|
-
|
Sarah Lipman
The Corcoran Group
|
|
12/15/2021
|
1 Bed
|
1 Bath
|
500 ft²
|
$299,000
1 Bed
1 Bath
500 ft²
|
-
-
|
-
|
Marcie Maier
GEO Real Estate Group Inc
|
|
10/20/2021
|
1 Bed
|
1 Bath
|
-
|
$475,000
1 Bed
1 Bath
|
$425,000
-10.53%
07/21/2022
|
Stefani Pace
Douglas Elliman Real Estate
|
||
07/08/2021
|
Studio
|
1 Bath
|
-
|
$395,000
Studio
1 Bath
|
$395,000
06/06/2022
|
Steen W Rasmussen
Level Group Inc
|
||
07/14/2020
|
1 Bed
|
1 Bath
|
-
|
$435,000
1 Bed
1 Bath
|
$419,000
-3.68%
01/27/2021
|
Stefani Pace
Douglas Elliman Real Estate
|
||
03/09/2020
|
Studio
|
1 Bath
|
400 ft²
|
$395,000
Studio
1 Bath
400 ft²
|
-
-
|
-
|
-
|
|
05/18/2020
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$467,500
-10.95%
12/15/2020
|
Steen Rasmussen
Level Group Inc
|
||
07/12/2019
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$475,000
09/15/2019
|
-
|
David Rossman
Eastpointe Residential Inc.
|
|
05/03/2019
|
2 Bed
|
1 Bath
|
750 ft²
|
$649,000
2 Bed
1 Bath
750 ft²
|
$595,000
-8.32%
05/03/2021
|
-
|
Kamlesh Sadhnani
Eastpointe Residential Inc.
|
|
02/14/2019
|
Studio
|
1 Bath
|
-
|
$409,900
Studio
1 Bath
|
$409,000
-0.22%
11/26/2019
|
Jim Pappas
Rock Realty Inc
|
||
04/23/2018
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$505,000
-8.18%
02/08/2019
|
Craig Roth
Next Stop NY
|
||
04/03/2018
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$486,499
-11.55%
01/23/2019
|
Craig Roth
Next Stop NY
|
||
02/07/2018
|
Studio
|
1 Bath
|
-
|
$595,000
Studio
1 Bath
|
$510,000
-14.29%
10/15/2018
|
Jonathan Lavoie
Compass
|
||
10/10/2017
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$550,000
12/28/2017
|
-
|
Steen Rasmussen
Level Group, Inc.
|
|
09/13/2017
|
4 Bed
|
4 Bath
|
-
|
$2,995,000
4 Bed
4 Bath
|
$2,730,000
-8.85%
09/28/2018
|
-
|
Jay Overbye
Brown Harris Stevens Residential Sales LLC
|
|
07/05/2017
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$555,000
+0.91%
10/13/2017
|
Stefani Pace
Douglas Elliman Real Estate
|
||
05/11/2017
|
1 Bed
|
1 Bath
|
765 ft²
|
$789,500
1 Bed
1 Bath
765 ft²
|
-
-
|
-
|
Steen Rasmussen
Level Group Inc
|
|
05/10/2017
|
1 Bed
|
1 Bath
|
-
|
$519,000
1 Bed
1 Bath
|
$550,000
+5.97%
09/25/2017
|
Erika Burk
Corcoran Group
|
||
03/07/2017
|
1 Bed
|
1 Bath
|
600 ft²
|
$650,000
1 Bed
1 Bath
600 ft²
|
$635,000
-2.31%
06/19/2017
|
Rafael Salas
Brown Harris Stevens Residential Sales LLC
|
||
02/21/2017
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$555,000
-6.72%
11/10/2017
|
Stefani Pace
Douglas Elliman Real Estate
|
||
09/06/2016
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$530,000
-3.64%
12/28/2016
|
Steve Snider
CORE Group Marketing LLC
|
||
03/10/2016
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$499,000
10/14/2016
|
Michael Moran
Douglas Elliman Real Estate
|
||
02/11/2016
|
1 Bed
|
1 Bath
|
625 ft²
|
$499,000
1 Bed
1 Bath
625 ft²
|
$475,000
-4.81%
04/01/2016
|
Beth Ferrante
Corcoran Group
|
||
06/09/2015
|
2 Bed
|
1 Bath
|
750 ft²
|
$730,000
2 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Steen Rasmussen
Level Group Inc
|
|
04/28/2015
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$517,500
-1.43%
08/04/2015
|
Steen Rasmussen
Elliman
|
||
04/22/2015
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$425,000
12/15/2015
|
Steen Rasmussen
Level Group Inc
|
||
04/02/2015
|
1 Bed
|
1 Bath
|
615 ft²
|
$450,000
1 Bed
1 Bath
615 ft²
|
$495,000
+10.00%
08/06/2015
|
Steen Rasmussen
Level Group Inc
|
||
12/01/2014
|
1 Bed
|
1 Bath
|
615 ft²
|
$435,000
1 Bed
1 Bath
615 ft²
|
$430,000
-1.15%
07/02/2015
|
Steen Rasmussen
Level Group Inc
|
||
10/10/2014
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
-
-
|
-
|
Robert St.
Bank Neary Inc
|
|
09/10/2014
|
1 Bed
|
1 Bath
|
600 ft²
|
$675,000
1 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Leonel Piraino
Brown Harris Stevens Residential Sales LLC
|
|
09/02/2014
|
2 Bed
|
2 Bath
|
1100 ft²
|
$850,000
2 Bed
2 Bath
1100 ft²
|
$830,000
-2.35%
02/26/2015
|
Steen Rasmussen
Level Group Inc
|
||
05/16/2014
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$425,000
+6.52%
08/26/2014
|
Steen Rasmussen
Level Group Inc
|
||
03/26/2014
|
1 Bed
|
1 Bath
|
-
|
$460,000
1 Bed
1 Bath
|
$440,000
-4.35%
08/01/2014
|
-
|
Steen Rasmussen
Level Group, Inc.
|
|
03/24/2014
|
Studio
|
1 Bath
|
600 ft²
|
$399,000
Studio
1 Bath
600 ft²
|
-
-
|
-
|
Steen Rasmussen
Level Group Inc
|
|
02/25/2014
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
-
-
|
-
|
Elaine Clayman
Brown Harris Stevens Residential Sales LLC
|
|
02/25/2014
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
-
-
|
-
|
Mark Neary
DG Neary Realty Ltd.
|
|
01/31/2014
|
1 Bed
|
1 Bath
|
725 ft²
|
$595,000
1 Bed
1 Bath
725 ft²
|
$530,000
-10.92%
09/09/2014
|
Kim Shepard
Elliman
|
||
09/21/2013
|
1 Bed
|
1 Bath
|
634 ft²
|
$350,000
1 Bed
1 Bath
634 ft²
|
$440,000
+25.71%
04/25/2014
|
Stefani Pace
Elliman
|
||
11/14/2013
|
1 Bed
|
1 Bath
|
625 ft²
|
$419,000
1 Bed
1 Bath
625 ft²
|
$410,000
-2.15%
03/28/2014
|
Steen Rasmussen
Level Group Inc
|
||
09/21/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$675,000
1 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Leonel Piraino
Brown Harris Stevens Residential Sales LLC
|
|
10/15/2013
|
Studio
|
1 Bath
|
-
|
$369,000
Studio
1 Bath
|
-
01/17/2014
|
Jennifer R.
TOWN Residential, LLC.
|
||
09/21/2013
|
1 Bed
|
1 Bath
|
650 ft²
|
$400,000
1 Bed
1 Bath
650 ft²
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
09/21/2013
|
Studio
|
1 Bath
|
550 ft²
|
$380,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
-
|
$395,000
1 Bed
1 Bath
|
$440,000
+11.39%
08/04/2014
|
Stefani Pace
Elliman
|
||
09/21/2013
|
Studio
|
1 Bath
|
-
|
$380,000
Studio
1 Bath
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
615 ft²
|
$400,000
1 Bed
1 Bath
615 ft²
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
09/21/2013
|
Studio
|
1 Bath
|
475 ft²
|
$445,000
Studio
1 Bath
475 ft²
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
08/23/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$390,000
1 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
08/27/2013
|
1 Bed
|
1 Bath
|
-
|
$400,000
1 Bed
1 Bath
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
08/23/2013
|
1 Bed
|
1 Bath
|
-
|
$385,000
1 Bed
1 Bath
|
-
-
|
-
|
Stefani Pace
Elliman
|
|
04/17/2013
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
-
-
|
-
|
Harmanak Singh
Charles Rutenberg, LLC
|
|
02/27/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$675,000
1 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Leonel Piraino
Brown Harris Stevens Residential Sales LLC
|
|
01/24/2013
|
Studio
|
1 Bath
|
500 ft²
|
$375,000
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Jack Caputo
Bond New York Properties LLC
|
|
09/20/2012
|
4 Bed
|
4 Bath
|
2200 ft²
|
$1,950,000
4 Bed
4 Bath
2200 ft²
|
$1,775,000
-8.97%
02/05/2021
|
-
|
Thomas Hochfelder
Prudential Douglas Elliman Real Estate
|
|
09/20/2012
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
-
09/28/2012
|
Stefani Pace
Elliman
|
||
06/26/2012
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
-
-
|
-
|
Stefani Pace
Elliman
|
Building Info
240 E 55 Tenants Cor
240 East 55th Street, New York, NY 10022
- 99 Units
- 1 Unit for Sale