Check Availability

435 East 54th Street

435 East 54th Street, New York, NY 10022
Property in Sutton Place
Sold Jan 08, 2021
$2,800,000
$30,000,000 by Morgan Stanley Bank, N.a.
Mortgage Due Jul 02, 2051
Sold Jan 21, 2020
$170,054
Local assessors in New York, NY have categorized 435 East 54th Street as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 54,058 square feet. The linear feet between the front and back of the lot was measured at 2,015 ft and the front of the lot was measured at 2,609 ft. This is a 26 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 435 East 54th Street has a total of 460,973 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 16, 2020 for $2,800,000. That's $6.07 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2019 for $170,054. 435 East 54th Street was last assessed in 2023. The total value of the property was assessed at $49,233,060. Specifically, the land the property is located on was valued at $9,270,000. While improvements on the property were assessed at a total of $39,963,060. 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 $6,152,127. 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. 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: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 26
  • Living Units: 79
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,058
  • Lot Size Depth Feet: 2,015
  • Lot Size Frontage Feet: 2,609
  • Total Building Area: 460,973
  • Gross Building Area: 460,973
  • Building Area: 460,973
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 460,973
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.241
  • Standard Land Use Code: Cooperative unit (residential)

Ownership

  • Current Owner : CISNEROS HENRY G
  • Current Owner 2: CISNEROS, MARY ALICE
  • Previous Owner : JANE MACON AS EXECUTOR / ESTATE OF MURI
  • Owner Before Previous Owner: RIVER HOUSE REALTY CO INC
  • 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: 008603

Zoning

  • Zoning: R10

Geography

  • Account Number: 1-01364-0022
  • District: 06
  • Section: 507
  • Parcel: 01364-0022
  • Block: 1364
  • Lot: 22
  • Latitude: 40.7546
  • Longitude: -73.9631

    Address

  • Full Address: 435 E 52nd St
  • Address - House Number: 435
  • Street Direction: E
  • Address - Street Name: 52nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: New York
  • Carrier Code: C153
  • 4-Digit Zip Code: 6445
  • Zip Code: 10022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,152,127

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 2,945,144
  • High Value: 3,671,682
  • Low Value: 2,218,606

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY BANK, N.A.
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $30,000,000
  • 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: Jul 02, 2051

    Market Valuation

  • Market Total Value: $116,472,000
  • Market Land Value: $20,600,000
  • Market Improvement Value: $95,872,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,233,060
  • Assessed Land Value: $9,270,000
  • Assessed Improvements Value: $39,963,060

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11811031955
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021000007723
  • Previous Sale Recording Date: Jan 21, 2020
  • Previous Sale Contract Date: May 20, 2019
  • Previous Sale Amount: $170,054
  • Previous Sale Document Type: Deed

About Midtown Manhattan



Similar Buildings

Property at 435 East 54th Street,

St. James Tower

  • 1 Unit for Sale
  • 31 Stories
415 East 54th Street, New York, NY 10022
Property at 435 East 54th Street,

Sutton Manor

  • 1 Unit for Sale
  • 20 Stories
411 East 53rd Street, New York, NY 10022
Property at 435 East 54th Street,

Sutton Gardens

  • 4 Units for Sale
  • 11 Stories
420 East 55th Street, New York, NY 10022
Property at 435 East 54th Street,

Fifty Fourth Street

  • 1 Unit for Sale
  • 6 Stories
350 East 54th Street, New York, NY 10022
Property at 435 East 54th Street,

345 East 54th Street

  • 1 Unit for Sale
  • 7 Stories
345 East 54th Street, New York, NY 10022
Property at 435 East 54th Street,

60 Sutton Place South

  • 13 Units for Sale
  • 18 Stories
60 Sutton Place South, New York, NY 10022
Property at 435 East 54th Street,

Plaza 400

  • 8 Units for Sale
  • 38 Stories
400 East 56th Street, New York, NY 10022
Property at 435 East 54th Street,

50 Sutton Place South

  • 10 Units for Sale
  • 19 Stories
50 Sutton Place South, New York, NY 10022
Property at 435 East 54th Street,

Sutton Manor

  • 1 Unit for Sale
  • 13 Stories
430 East 56th Street, New York, NY 10022

Nearby Rentals

Unit for rent at 420 East 61st Street, New York, NY 10065

$6,100 /mo

  • 1 Bed
  • 1.5 Baths
420 East 61st Street #31 F, New York, NY 10065 Listing by Song Jin
Unit for rent at 4720 Center Boulevard, Long Island City, NY 11101

$6,395 /mo

  • 2 Beds
  • 2 Baths
4720 Center Boulevard #1206, Long Island City, NY 11101 Listing by Michael Shine
Unit for rent at 42-60 Crescent St, NY, 11101

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,088 ft²
42-60 Crescent St #3C, NY, 11101 Listing by Shahriar Zim
Unit for rent at 390 1st Avenue, New York, NY 10010

$5,934 /mo

  • 2 Beds
  • 1 Bath
  • 944 ft²
390 1st Avenue, New York, NY 10010 Listing by Jennifer/Jonathan
Unit for rent at 70 West 37th Street, NEW YORK, NY, 10018

$6,463 /mo

  • 2 Beds
  • 2 Baths
70 West 37th Street #1417, NEW YORK, NY, 10018 Listing by Gal Yehzkel
Unit for rent at 159 Franklin Street, Brooklyn, NY 11222

$5,750 /mo

  • 2 Beds
  • 1 Bath
159 Franklin Street #4, Brooklyn, NY 11222 Listing by Brandon Perrotta
Unit for rent at 81 Commercial Street, Brooklyn, NY 11222

$6,000 /mo

  • 3 Beds
  • 1 Bath
81 Commercial Street #209, Brooklyn, NY 11222 Listing by Arie Moller

Frequently Asked Questions

What neighborhood is 435 East 54th Street located in?
The 435 East 54th Street is a located in the neighborhood of Sutton Place in Midtown Manhattan, New York.
What is the average sales price for listings in 435 East 54th Street?
The average sales price for units in 435 East 54th Street is $0 currently.

Quantcast