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349 East 50th Street

349 East 50th Street, New York, NY 10022
Property in Turtle Bay
Refi Aug 23, 2021
Transfer
$1,862,339 by Investors Bank
Mortgage Due Aug 23, 2051
Local assessors in New York, NY have categorized 349 East 50th Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 22,593 square feet. The linear feet between the front and back of the lot was measured at 1,004 ft and the front of the lot was measured at 2,250 ft. This is a 6 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 349 East 50th Street has a total of 106,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 349 East 50th Street was last assessed in 2023. The total value of the property was assessed at $10,075,350. Specifically, the land the property is located on was valued at $2,335,500. While improvements on the property were assessed at a total of $7,739,850. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,252,079. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 6
  • Living Units: 107
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,593
  • Lot Size Depth Feet: 1,004
  • Lot Size Frontage Feet: 2,250
  • Total Building Area: 106,000
  • Gross Building Area: 106,000
  • Building Area: 106,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 106,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.519
  • Standard Land Use Code: Cooperative unit (residential)

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: MANHATTAN
  • Census Tract: 009800

Zoning

  • Zoning: R8B

Geography

  • Account Number: 1-01342-0023
  • District: 06
  • Section: 506
  • Parcel: 01342-0023
  • Block: 1342
  • Lot: 23
  • Latitude: 40.7538
  • Longitude: -73.9672

    Address

  • Full Address: 349 E 49th St
  • Address - House Number: 349
  • Street Direction: E
  • Address - Street Name: 49th
  • Address - Suffix Type: St
  • State: NY
  • City Name: New York
  • Carrier Code: C032
  • 4-Digit Zip Code: 1681
  • Zip Code: 10017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,252,079
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 704,991
  • High Value: 874,669
  • Low Value: 535,313

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,151,695
  • First Open Lien Mortgage Lender: INVESTORS BANK
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,862,339
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 23, 2051
  • Second Open Lien Mortgage Lender: NEW YORK COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Nov 16, 2011
  • Second Open Lien Mortgage Loan Amount: $1,289,356
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 16, 2041

    Market Valuation

  • Market Total Value: $23,551,000
  • Market Land Value: $5,190,000
  • Market Improvement Value: $18,361,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,075,350
  • Assessed Land Value: $2,335,500
  • Assessed Improvements Value: $7,739,850

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 349 East 50th Street located in?
The 349 East 50th Street is a located in the neighborhood of Turtle Bay in Midtown Manhattan, New York.
What is the average sales price for listings in 349 East 50th Street?
The average sales price for units in 349 East 50th Street is $0 currently.

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