NOT LISTED FOR SALE

Estimated Value: $789,000 - $880,000

1 Bed
1 Bath
798 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $795,000 $996 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,691/month

About This Home

As of June 2021

LOCATION! Prime Midtown West: 53 st and 7th ave! Full-service doorman building with ALL utilities included in rent (Electricity, Gas, Heat, Hot Water, AC).

- South-facing home. Fantastic natural light.

- High floor, very quiet -

- Huge one-bedroom, flexible two-bedroom home. Over 800 sq ft.

- Very spacious living room with dining area and work-from-home stations

- XL bedroom, The bedroom is enormous and can accommodate a king-size bed.

- Lots of CLOSET space! Including a walk-in closet. This apartment has 5+ closets in total!

- Easy application process

LOCATION! All utilities included. Lots of sunlight. Free rooftop access. Central park view. More Photos soon. Building: 159 West 53rd Street is a Luxury Full-Service Building with both 24-hour doorman and concierge service, a terrific live-in Super, on-site handymen & porters, a parking garage, and a furnished roof deck with breathtaking panoramic views of Central Park & a spacious windowed laundry room with brand new washers and dryers.

Additionally, Tower 53 boasts a brand new Lobby, brand new elevators, valet dry cleaning, BuildingLink software system for efficient communication with the building's staff, and discounted internet/cable (Fios, RCN, and Spectrum). Electricity, gas, and central AC are all included in the rent. Location: Centrally situated in the heart of midtown Manhattan, Tower 53 condominium's location is convenient to New York staples such as Central Park, MOMA, Carnegie Hall, Radio City Music Hall, Rockefeller Center, and Broadway theaters. Shop at 5th Avenue or Time Warner Center; dine at Michelin-star restaurants like LeBernandin, Marea, or Per Se. Buy healthy groceries at Whole Foods or Westerly Market.

Additionally, residents enjoy having some of the most helpful staff in NY to manage packages and groceries for those who prefer the convenience of shopping online. The building has both a package room and cold storage for deliveries. Public transportation heaven! Subway lines B/D/E/N/R/Q/W/1/2/3/F/M, multiple bus lines, and taxis are right outside your door! Equinox, Crunch, and multiple health clubs with swimming pools (like Athletic & Swim Club) are steps away.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jun 4, 2021
Sold by
Irwin Peters Trustee
Bought by
Chen John
Seller's Agent
Amanda Paul
VESTRY
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$832,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,971
Avg. Annual Appreciation
1.20%
Original Mortgage
$636,000
Outstanding Balance
$584,524
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,447

Purchase Details

Closed on
Nov 6, 2014
Sold by
Peters Irwin
Bought by
Irwin Peters 2011 Living Trust and Irwin Peters, As Trustee

Purchase Details

Closed on
Oct 31, 2002
Sold by
Tower Seventh Associates
Bought by
Peters Irwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.07%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen John $795,000 --
Irwin Peters 2011 Living Trust -- --
Peters Irwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen John $636,000
Previous Owner Peters Irwin $2,868
Previous Owner Peters Irwin $225,000
Previous Owner Tower Seventh Associates $3,000,000
Previous Owner Tower Seventh Associates $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Rented $4,500 0.0% --
09/04/2022 09/04/22 Price Changed $4,500 +12.5% $6 / Sq Ft
08/27/2022 08/27/22 For Rent $3,999 0.0% --
06/04/2021 06/04/21 Sold $795,000 0.0% $994 / Sq Ft
07/20/2020 07/20/20 For Sale $795,000 -- $994 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,491 $99,914 $23,551 $76,363
2023 $12,697 $103,508 $23,551 $79,957
2022 $12,807 $104,677 $23,551 $81,126
2021 $12,738 $106,605 $23,551 $83,054
2020 $10,637 $118,077 $23,551 $94,526
2019 $9,907 $115,422 $23,551 $91,871
2014 $5,237 $81,568 $23,550 $58,018
Source: Public Records

Agents Affiliated with this Home

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