50 West 53rd Street

Local assessors in New York, NY have categorized 50 West 53rd Street as a commercial type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,000 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 200 ft. This is a 5 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. According to our sources, 50 West 53rd Street sold most recently in Apr 23, 1998 for a total of $1,800,000. If you work out the math, that's approximately a cost of $248.82 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 $105,148 in taxes each year. 50 West 53rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $841,050. If we break it down further, the land itself was valued at $540,000. Improvements to the property, however, were assessed at a total of $301,050. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.