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8 Sutton Place

8 Sutton Place, New York, NY 10022
Property in Sutton Place
Sold May 22, 2008
$30,000,000
$1,865,310 by Wells Fargo Bank Na
Mortgage Due May 05, 2050
Sold Jul 05, 2007
$22,250,000
$10,000,000 by Citimortgage Inc
Mortgage
Local assessors in New York, NY have categorized 8 Sutton Place as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2009. The property's lot size has been calculated to be 2,007 square feet. The linear feet between the front and back of the lot was measured at 519 ft and the front of the lot was measured at 418 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mansion style. This is a 4 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, 8 Sutton Place sold most recently in May 15, 2008 for a total of $30,000,000. If you work out the math, that's approximately a cost of $3,722.08 per sqft. Before that, the property was also sold for $22,250,000 in Jun 25, 2007. 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 $172,464 in taxes each year. 8 Sutton Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $858,672. If we break it down further, the land itself was valued at $416,650. Improvements to the property, however, were assessed at a total of $442,022. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1920
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Mansion
  • Floor Count: 4
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,007
  • Lot Size Depth Feet: 519
  • Lot Size Frontage Feet: 418
  • Total Building Area: 8,060
  • Gross Building Area: 8,060
  • Building Area: 8,060
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : BONNARD HOLDINGS LLC
  • Previous Owner : 8-12 SUTTON SQUARE LLC
  • Owner Before Previous Owner: KAN YUE-SAI
  • 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: 010601

Zoning

  • Zoning: R8B

Geography

  • Account Number: 1-01372-0039
  • District: 06
  • Section: 507
  • Parcel: 01372-0039
  • Block: 1372
  • Lot: 39
  • Latitude: 40.7577
  • Longitude: -73.9598

    Address

  • Full Address: 8 Sutton Sq
  • Address - House Number: 8
  • Address - Street Name: Sutton
  • Address - Suffix Type: Sq
  • State: NY
  • City Name: New York
  • Carrier Code: C199
  • 4-Digit Zip Code: 2408
  • Zip Code: 10022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $172,464

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 1,324,459
  • High Value: 1,931,284
  • Low Value: 717,633

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,919,030
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 05, 2020
  • First Open Lien Mortgage Loan Amount: $1,865,310
  • 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: May 05, 2050
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 01, 2019
  • Second Open Lien Mortgage Loan Amount: $16,740
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2049
  • Third Open Lien Mortgage Lender: WELLS FARGO BANK, N.A.
  • Third Open Lien Mortgage Recording Date: May 04, 2021
  • Third Open Lien Mortgage Loan Amount: $36,980
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: May 04, 2051

    Market Valuation

  • Market Total Value: $19,290,000
  • Market Land Value: $9,360,000
  • Market Improvement Value: $9,930,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,672
  • Assessed Land Value: $416,650
  • Assessed Improvements Value: $442,022

    Sales

  • Current Sale Contract Date: May 15, 2008
  • Current Sale Recording Date: May 22, 2008
  • Current Sale Transaction ID: 1194768739
  • Current Sale Price: $30,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2008000209020
  • Previous Sale Recording Date: Jul 05, 2007
  • Previous Sale Contract Date: Jun 25, 2007
  • Previous Sale Amount: $22,250,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 05, 2007
  • Previous Mortgage Loan Amount: $10,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Midtown Manhattan



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Sutton Place located in?
The 8 Sutton Place is a located in the neighborhood of Sutton Place in Midtown Manhattan, New York.
What is the average sales price for listings in 8 Sutton Place?
The average sales price for units in 8 Sutton Place is $0 currently.

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