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255 East 79th Street

255 East 79th Street, New York, NY 10075
Property in Yorkville
Sold Jun 06, 2023
$3,300,000
$2,640,000 by Citizens Bank, N.a.
Mortgage Due Jun 06, 2053
255 East 79th Street in New York, NY was first built in 1899 and is 125 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 3 floors. 255 East 79th Street has 2,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 138 ft and the linear feet between the front and back of the lot is 1,022. In total, the area measurement of the land is 1,413 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 255 East 79th Street sold most recently in May 30, 2023 for a total of $3,300,000. If you work out the math, that's approximately a cost of $1,208.79 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $39,618 in taxes each year. 255 East 79th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,252. If we break it down further, the land itself was valued at $76,223. Improvements to the property, however, were assessed at a total of $121,029. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Duplex
  • Floor Count: 3
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,413
  • Lot Size Depth Feet: 1,022
  • Lot Size Frontage Feet: 138
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.032
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : GRATZEL KRISTIN
  • Current Owner 2: VARIO CRAIG
  • Previous Owner : JENNIFER NESSEL CO-TRUSTEE
  • Previous Owner 2: SUE LEONARD REVOCABLE TRUST
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 07, 2024

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: MANHATTAN
  • Census Tract: 013400

Zoning

  • Zoning: R8B

Geography

  • Account Number: 1-01433-0019
  • District: 08
  • Section: 510
  • Parcel: 01433-0019
  • Block: 1433
  • Lot: 19
  • Latitude: 40.7731
  • Longitude: -73.956

    Address

  • Full Address: 255 E 78th St
  • Address - House Number: 255
  • Street Direction: E
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: NY
  • City Name: New York
  • Carrier Code: C711
  • 4-Digit Zip Code: 1201
  • Zip Code: 10075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $39,618

    Appraisal Valuation

  • Standard Deviation: 0.132
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 84
  • Final Value: 3,789,339
  • High Value: 4,289,614
  • Low Value: 3,289,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,640,000
  • First Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • First Open Lien Mortgage Recording Date: Jun 06, 2023
  • First Open Lien Mortgage Loan Amount: $2,640,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 06, 2053

    Market Valuation

  • Market Total Value: $5,776,000
  • Market Land Value: $2,232,000
  • Market Improvement Value: $3,544,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,252
  • Assessed Land Value: $76,223
  • Assessed Improvements Value: $121,029

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Transaction ID: 11907530538
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2023000138885

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK, N.A.
  • First Mortgage Transaction Date: Jun 06, 2023
  • First Mortgage Loan Amount: $2,640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Upper Manhattan



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Frequently Asked Questions

What neighborhood is 255 East 79th Street located in?
The 255 East 79th Street is a located in the neighborhood of Yorkville in Upper Manhattan, New York.
What is the average sales price for listings in 255 East 79th Street?
The average sales price for units in 255 East 79th Street is $0 currently.

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