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240 East 55th Street, #12B

$685,000 ($757 per ft2) | 1 bed, 1 bath | Approx. 905 ft2
158 days on Market

Key Details

  • Listed: Sep 22, 2023
    Days on Market: 158
    Building Type: Cooperative
    Neighborhood: Midtown East (Manhattan)
    Doorman: PT Doorman
    Listing viewed 1,487 times
Monthly Maintenance: $1,910 ($2.11/ft2)
Est. Monthly Mortgage: $3,764
Total Est. Monthly Carrying Cost: $5,674 ($6.27/ft2)
Note: the above is based on a down payment of 20% ($137,000), which is the minimum amount permitted by the building.

Description

Seller offers a maintenance rebate of $375 per month for 3 years (a $10,800 credit). The credit will be given as a lump sum, deducted from the Contract of Sale price. The monthly maintenance without the rebate is $2,284. Amazing and rare 300 square foot terrace with sunny south and west city views.

Newly renovated open kitchen with an eat-in peninsula, high-end stainless steel appliances, top quality cabinets, black granite countertops, and new fixtures. The windowed bathroom has also been renovated. Originally a one-bedroom apartment, this penthouse-style residence is redesigned with two bedrooms – the main bedroom large enough to fit a queen or king-size bed – the second bedroom serving as an office/den and guest bedroom. The living room and second bedroom have twenty feet of wall-to-wall windows enjoying beautiful vistas of the terrace.. Attractive new light wood floors have been installed throughout.

There is great closet space including a large walk-in closet. 240 East 55th Street allows UNLIMITED SUBLETTING after one year of ownership. It is conveniently located between residential Sutton Place and the Midtown business district, a five-minute jog to Central Park and the new, extended East River Promenade. It has a part-time doorman, a full-time porter/handyman, and a live-in superintendent.

There is a laundry room as well as a free storage room in the basement. NO FLIP TAX.

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Listing Agent (Seller's Representative)

Listing courtesy of Level Group Inc

Pricing History

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About 240 East 55th Street

50

240 East 55th Street has received a CityRealty Rating of 50, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
21
Out of 36
+
9
Out of 39
=
50
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Exists 1 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • PT Doorman
  • Post War
  • Resident Storage
  • Garden
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent

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Pros
  • Convenient midtown location
  • Canopied entrance
  • Sidewalk landscaping
  • Some terraces
  • Part-time doorman
  • Close to Subway
Cons
  • No balconies
  • Spiked sidewalk planters
  • No roof deck
  • No health club
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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.11 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at Lexington Ave and 60th 0.31 miles
  1. F
at Lexington Ave and 63rd 0.45 miles

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