NOT LISTED FOR SALE

Estimated Value: $3,004,000 - $4,506,000

3 Beds
3 Baths
2,461 Sq Ft
$4,115/mo HOA Fee

Last Sold April 11, 2024

Last sale price $4,175,000 $1,696 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $30,281/month

132 Days on Market

Highlights

  • Concierge
  • 4-minute walk to 59 Street (4,5,6 Line)
  • Children's Playroom
  • P.S. 59 Beekman Hill International Rated A
  • River View
  • 4-minute walk to Tramway Plaza

About This Home

As of April 2024

NEW PRICE , NEW LOOK!

Discover the pinnacle of opulent living at Apartment 34/35B, where the "WOW" factor is an everyday experience. This remarkable corner duplex residence boasts three bedrooms, three bathrooms, and meticulous perfection in every aspect. As you step into this remarkable 2400 square foot dwelling, you'll be instantly captivated by the 22.5 ft ceilings and expansive floor-to-ceiling glass windows that frame awe-inspiring views of the river and city skyline in every room.

The 34th floor unveils an expansive 30x20 ft living and dining great room, expertly designed for both formal entertaining and everyday comfort. As day transitions into evening, you'll be treated to the most breathtaking sunsets, central park views and the night sky adorned with the glittering city lights. For the culinary aficionado, the top-of-the-line windowed kitchen is a culinary dream, featuring custom cabinetry, high-end Viking appliances, marble countertops, and a spacious island that can seat up to eight for casual dining. A corridor on this floor leads to one of the three bedrooms, with an adjoining playroom that can serve as a home office. A graceful circular staircase leads you to the 35th floor, where you'll find the primary bedroom suite and an additional bedroom, both offering magnificent views of the living room below. The primary bedroom suite faces south and east, offering river and city views and includes an oversized, well-appointed closet. The luxurious en-suite bathroom is a sanctuary, complete with a soaking tub, a separate shower, and a double sink vanity. The secondary bedroom, also facing south, is flooded with natural light and features an en-suite bathroom with a floor-to-ceiling window. Additional features of this apartment include a washer/dryer, central air conditioning, and private storage. This is undeniably a home that needs to be experienced firsthand.

Welcome to Place 57, a boutique condominium residential tower designed by the renowned architect Ismael Levya in collaboration with Baccarat and AD100 designer Vincente Wolf. This full-service, white-glove building boasts an exquisite lobby adorned with Baccarat crystal and offers an array of top-tier amenities, including 24-hour concierge service, a fully equipped fitness center, a playroom, a resident's lounge, and a magical garden for residents, also graced with Baccarat crystal. The building extends a warm welcome to pets. Nestled in a prime midtown location, with effortless access to Central Park, exceptional dining establishments, luxury shopping, gourmet food markets, and convenient transportation options, this location is undeniably exceptional. The transfer fee will be the responsibility of the buyer.

Last Listed By

Georgia Kaporis

Douglas Elliman Real Estate License #10301200493 Listed on: 10/20/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $50,820

Year Built

  • Built in 2005

HOA Fees

  • $4,115 Monthly HOA Fees

Interior Spaces

  • 2,461 Sq Ft Home
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1356 / 01331

Community Details

Overview

  • 67 Units
  • High-Rise Condominium
  • Place 57 Condos
  • Sutton Subdivision
  • Property has 2 Levels

Amenities

  • Concierge
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$50,820

Year Built

Built in 2005

Lot Details

0

HOA Fees

$4,115 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Sutton
  • Entry Level: 34
  • Unit Levels: Two
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 36

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 2461.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building In Basement, In Unit
  • Green Building Features: Common Playroom, Concierge, Green Building
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 4115.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: PLACE 57
  • Units: 67
  • Total Stories: 36
  • Year Built: 2005

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01331
  • Tax Lot: 1356
  • Tax Annual: 50820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Apr 11, 2024
Sold by
Place 57 3B Llc
Bought by
Peter Parker Holdings Inc
Seller's Agent
Georgia Kaporis
Douglas Elliman Real Estate
List Price
$4,250,000
Sold Price
$4,175,000
Premium/Discount to List
-$75,000
-1.76%
Total Days on Market
132
Views
221
Current Estimated Value
$3,907,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,078
Avg. Annual Appreciation
-6.22%

Purchase Details

Listed on
Jun 28, 2017
Closed on
May 13, 2019
Sold by
Faruqui Farhan and Robb Saar %
Bought by
Place 57 3B Llc
Seller's Agent
Robert Saar
Engel & Volkers New York Real Estate LLC
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%
Original Mortgage
$1,010,985
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2013
Sold by
Dayan Grace and Dayan Jacob J
Bought by
Faruqui Farhan and Faruqui Shahneela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,950,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
205-209 East 57Th Street Associates Llc
Bought by
Dayan Grace and Dayan Jack

Range of Values:

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Average Value
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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
Peter Parker Holdings Inc $4,175,000 --
Peter Parker Holdings Inc $4,175,000 --
Place 57 3B Llc $5,250,000 --
Place 57 3B Llc $5,250,000 --
Faruqui Farhan $5,950,000 --
Faruqui Farhan $5,950,000 --
Dayan Grace $4,047,544 --
Dayan Grace $4,047,544 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Napolitano Scott $570,000
Previous Owner Place 57 3B Llc $1,010,985
Previous Owner Faruqui Farhan $2,950,000
Previous Owner Dayan Grace $10,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $4,175,000 -1.8% $1,696 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $4,250,000 +1.8% $1,727 / Sq Ft
01/09/2024 01/09/24 Off Market $4,175,000 -- --
01/08/2024 01/08/24 For Sale $4,250,000 0.0% $1,727 / Sq Ft
10/26/2023 10/26/23 Off Market $4,250,000 -- --
10/20/2023 10/20/23 For Sale $4,250,000 -22.7% $1,727 / Sq Ft
05/13/2019 05/13/19 Sold $5,500,000 0.0% $2,324 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
06/29/2017 06/29/17 For Sale $5,500,000 -- $2,324 / 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 $52,249 $417,928 $51,630 $366,298
2023 $51,054 $416,191 $51,630 $364,561
2022 $50,561 $415,290 $51,630 $363,660
2021 $47,767 $389,397 $51,630 $337,767
2020 $50,404 $434,160 $51,630 $382,530
2019 $40,033 $421,844 $51,630 $370,214
2018 $45,255 $405,575 $51,630 $353,945
2017 $35,339 $387,524 $51,630 $335,894
2016 $33,897 $371,437 $51,630 $319,807
2015 $9,065 $337,389 $51,630 $285,759
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10948710

Real Estate Board of New York (REBNY)

APN: 1331-1367