NOT LISTED FOR SALE

Estimated Value: $1,802,000 - $2,582,000

2 Beds
2.5 Baths
1,367 Sq Ft
$1,789/mo HOA Fee

Last Sold August 19, 2021

Last sale price $2,489,000 $1,821 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $15,357/month

402 Days on Market

Highlights

  • City View
  • Community Garden
  • 4-minute walk to Peter Detmold Park Dog Run
  • P.S. 59 Beekman Hill International Rated A
  • Central Air

About This Home

As of August 2021

Welcome home to this luxurious, sunlight-filled 2 bedroom, 2.5 bath apartment with south and west-facing oversized windows with wraparound city views. Upon entering the apartment, you're greeted with an open-concept chefs kitchen which flows seamlessly into the living area, perfect for entertaining. The kitchen is equipped with Gaggenau appliances, wine fridge, Watermark fixtures, cabinetry by Gold & Reiss and white-glass countertops and backsplash. The expansive living room features 11ft ceilings and a thoughtful layout allowing for a proper living and dining area.

The large, corner primary bedroom faces south and west which allows for an abundance of natural light throughout the day. Both walk-in closets have been customized to maximize storage. The 5 fixture bathroom is beautifully crafted with several marble finishes including a beautiful herringbone floor. Step into the bathroom onto a heated radiant floor and relax in the deep soaking tub outfitted with Watermark fixtures. The second bedroom is southern facing and has customized closets as well. The second full bathroom and powder room features a Caesarstone shower/tub and custom glazed tilework.

Additional features throughout the apartment include oversized windows which showcase views of the Empire State building, Chrysler building and midtown Manhattan., white oak hardwood floors, Wi-fi controlled motorized shades, Bosch washer and dryer, custom closets and independent HVAC zones for heating and cooling.

The Sutton is a sleek, amenity-rich condo offering a rare 14-year 421(a) tax abatement. Amenities include 24/7 doorman, concierge, on-site resident manager, gym featuring Peloton bikes, laundry room and resident lounge and garden. From the Roman-style brick that wraps around the entire building hundreds of feet into the sky and the basket weave wood floors throughout the lobby and residents' lounge, to the custom-designed kitchen and bath fixtures, The Sutton emerges from a true tradition of craftsmanship.

Last Listed By

Patrick Lehman

Compass License #10401280414 Listed on: 01/31/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2016

Lot Details

  • 8,843

HOA Fees

  • $1,789 Monthly HOA Fees

Interior Spaces

  • 1,367 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 28 / 1345

Community Details

Overview

  • Turtle Bay Subdivision
  • 29-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,400

Year Built

Built in 2016

Lot Details

0

HOA Fees

$1,789 per month

Listing Details

  • Cross Street: East 52nd Street/East 53rd Street
  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 11
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 29

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Living Area: 1367.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1789.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 29
  • Year Built: 2016

Tax Info

  • Tax Block: 1345
  • Tax Lot: 28
  • Tax Annual: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Aug 11, 2021
Sold by
Krishnan Raj Kumar
Bought by
Chang Heepeel and Park Soo Young
Seller's Agent
Patrick Lehman
Compass
List Price
$2,489,000
Sold Price
$2,489,000
Total Days on Market
402
Current Estimated Value
$2,317,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,105
Avg. Annual Appreciation
-1.91%
Original Mortgage
$86,788
Outstanding Balance
$79,656
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,238,239

Purchase Details

Closed on
Sep 29, 2017
Sold by
First Avenue Sutton Member Holdings Llc
Bought by
Toll Sutton Member Holdings Llc

Purchase Details

Closed on
Jan 20, 2017
Sold by
Toll First Avenue Llc
Bought by
Krishnan Raj Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

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
Chang Heepeel $2,350,000 --
Toll Sutton Member Holdings Llc $37,913,200 --
Krishnan Raj Kumar $2,499,804 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Heepeel $86,788
Previous Owner Krishnan Raj Kumar $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $2,489,000 0.0% $1,821 / Sq Ft
01/31/2020 01/31/20 For Sale $2,489,000 -- $1,821 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $7,573 $226,884 $37,239 $189,645
2023 $2,331 $229,516 $37,239 $192,277
2022 $2,325 $221,944 $37,239 $184,705
2021 $2,331 $215,853 $37,239 $178,614
2020 $2,352 $236,939 $37,239 $199,700
2019 $2,376 $237,813 $37,239 $200,574
2018 $2,417 $229,504 $37,239 $192,265
2017 $2,417 $227,998 $37,239 $190,759
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10688861

Real Estate Board of New York (REBNY)

APN: 1345-1153