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400 East 56th Street, New York, NY 10022

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400 East 56th Street, New York, NY 10022

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Property Overview

Property address 400 E 56th St
Alternate address(es) 1006-1020 1st Ave
401-415 E 55th St
400-416 E 56th St
Zip code 10022
Borough Manhattan
Block & lot 01367-0001

Building name Plaza 400 Apartments
Lot dimensions
Lot sqft 46,763 i
Buildings on lot 1
Building class Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Year built 1969
Building Sq. Ft.
Zoning

Ownership Information

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Other Critical Property Data

Neighborhood Sutton Place
School district 2
Residential units 629
Commercial units 7
Maximum floor area ratio
Closest police station 0.33 Miles - See map
Closest fire station 0.65 Miles - See map
Certificate of occupancy

Sales & Property History

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Purchase date 10/1/2006
Purchase price

Title Documents

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Doc rec date Type Amount Party 1 Party 2 Doc image
05/02/2018 - R UCC3 Continuation
05/06/2016 - R Initial UCC1
05/06/2016 - R UCC3 Termination
04/29/2016 - D Assignment of Leases and Rents
04/29/2016 - D Agreement
04/29/2016 - D Assignment of Leases and Rents
04/29/2016 - D Mortgage
04/22/2016 - R UCC3 Termination
06/11/2015 - R UCC3 Termination
09/06/2013 - R Initial UCC1
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R: Recorded date
D: Document date

Property Taxes

Access detailed property tax data for 400 E 56th St. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2018/2019
Tax assessor's market value $210,526,000
Projected tax assessor's market value $0
Current tax bill $9,732,772

Assessment History

Check out this property's assessment history, including the evolution of the total tax rate and corresponding property tax.

Year Building class Market value Assessed value Taxable Tax rate% Base tax Property tax
2017/18 D4 $217,586,000 $97,913,700 $83,954,629 12.719% $11,021,905 $10,678,189
2016/17 D4 $206,666,666 $93,000,000 $76,423,227 12.892% $10,240,692 $9,852,482
2015/16 D4 $190,138,000 $85,562,100 $68,531,832 12.883% $9,234,408 $8,828,956
2014/15 D4 $179,459,000 $80,756,550 $62,118,545 12.855% $8,340,401 $7,985,339
2013/14 D4 $168,806,000 $75,962,700 $56,414,248 13.145% $7,765,973 $7,415,653
2012/13 D4 $152,521,000 $68,634,450 $52,962,396 13.181% $7,318,413 $6,980,973
2011/12 D4 $120,395,000 $54,177,750 $49,595,441 13.433% $6,992,622 $6,662,156
2010/11 D4 $115,000,000 $51,750,000 $47,875,952 13.353% $6,717,894 $6,392,876
2009/10 D4 $115,000,000 $51,750,000 $46,367,317 13.241% $6,443,468 $6,139,496
2008/09 D4 $114,000,000 $51,300,000 $45,426,169 12.596% $5,997,333 $5,721,880
2007/08 D4 $114,000,000 $51,300,000 $43,962,861 11.928% $5,496,780 $5,243,890
2006/07 D4 $101,000,000 $45,450,000 $42,439,387 12.737% $5,670,895 $5,405,505
2005/06 D4 $96,700,000 $43,515,000 $41,477,569 12.396% $5,394,119 $5,141,559
2004/05 D4 $103,333,333 $46,500,000 $41,380,354 12.216% $5,290,505 $5,055,024
2003/04 D4 $101,000,000 $45,450,000 $41,794,648 12.62% $5,519,988 $5,274,485

Permits

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Pre filing date Job type Job status Job description Document Building type
11/14/2017 Alteration type 2
06/09/2017 Alteration type 2
04/11/2017 Alteration type 2
04/05/2017 Alteration type 2
03/29/2017 Alteration type 2
03/06/2017 Alteration type 2
02/03/2017 Alteration type 2
09/28/2016 Alteration type 2
08/11/2016 Alteration type 2
06/24/2016 Alteration type 2
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For Rent

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For Sale

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Map

Sutton Place residential market stats

Check out the median sale price in Sutton Place and compare it to the borough�s median. You can download an in-depth market report for Sutton Place, with complete list of sales and more trends from our Market Reports page.

Median Sale Price
$950,000
1% YoY
Median Price/Sqft
$1,020
1% YoY
Manhattan Median Sale Price
$1,095,000
1% YoY

Demographics By Zip Code 10022

Demographic data shown in this section was gathered from the 2014 American Community Survey and refers to zip code 10022.
Population Demographics
Total population 29,699
Female population 56.0%
Male population 44.0%
Median age 46
Male median age 45.8
Female median age 46.2
Education
No highschool 0.4%
Some highschool or college 17.6%
Bachelors degree 44.2%
Other
Citizens 91.0%
Citizens born in US 78.5%
English speakers 98.8%
Journey to Work
Work in a metropolitan area 99.4%
Work in a micropolitan area 0.1%
Work at home 7.2%
Go to work by car 12.3%
Go to work after 10 am 11.8%
Economic/Employment
Average household income $221,140
White collar 98.3%
Blue collar 1.7%
Housing
Family households 33.9%
Households with kids 9.2%
Housing units 23,172
Occupied housing units 17,552
Owner occupied units 47.9%
Average number of people per household 1.66
Median year structure built 1958
Houses with mortgages 43.9%
Wealth
Median value for units with a mortgage $789,000
Median value for units without a mortgage $886,100
Median gross rent $2,001
Median housing costs per month $1,994
Population in poverty 5.2%

Neighbors

Here are the neighbors for 400 E 56th St.

Address Property class Square feet Purchase date Purchase price
425 E 53rd St, New York Loft - Fireproof and Storage Type without Stores (L2) 33,750 4/24/2015
60 Sutton Pl S, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 455,000 3/17/2006
966 1st Ave, New York Special Condominium Billing Lot (R0) 213,438
400 E 54th St, New York Special Condominium Billing Lot (R0) 236,322
984-990 1st Ave, New York Elevator Apartment - Semi-Fireproof with Stores (D7) 436,842 1/12/2004
425 E 54th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 217,285 9/13/2004
50 Sutton Pl S, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 319,696 11/6/2007
412 E 55th St, New York Elevator Apartment - Fireproof without Stores (D3) 89,400 12/1/2016
994-1000 1st Ave, New York Elevator Apartment - Fireproof with Stores (D6) 111,792 7/24/1981
415-423 E 54th St, New York Special Condominium Billing Lot (R0) 185,600
417-435 E 55th St, New York All Parking Garages (G1) 65,700 10/1/2006
20 Sutton Pl S, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 155,938 10/6/2008
440 E 56th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 90,000 11/4/2007
430 E 56th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 90,000 6/28/2007
405 E 56th St, New York Elevator Apartment - Fireproof with Stores (D6) 160,264 6/12/2007
433 E 56th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 91,282 10/26/1984
14 Sutton Pl S, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 161,462 5/12/2010 M
2 Sutton Pl S, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 206,411
430 E 57th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 103,000 4/23/2014
424 E 57th St, New York Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) 29,376 12/30/1983

Useful neighborhood information

Transport

Thanks to its handy location near Midtown, by the time many of Sutton Place's residents have walked to the subway stations on the 4, 5, and 6 lines at Lexington they are likely already near work. The R and M lines run east onto Long Island and south to Lower Manhattan. The newly opened Second Avenue line is making subway usage even more convenient in the neighborhood. The M15 bus plies First and Second avenues.

Schools

Elementary students in Sutton Place can start in P.S. 59, Beekman Hill International. M630, the Art and Design High School, serves grades nine through 12 and special education. To the north, M459, Manhattan International High School, and the college-prep Vanguard High School both draw Sutton Place students. There are many nearby private school options including the Browning School for boys that began in 1888 and the Cathedral High School for girls that opened its doors in 1905. As for private school options the Garden House School of NY at 40 Sutton Place is an independent pre-school that gets children reading and writing before they reach kindergarten.

Health

There are medical care options nearby at Lennox Hill Hospital and NYU Hospital of Columbia and Cornell. For more pressing attention the MedRite Urgent Care walk-in clinic operates in neighboring Turtle Bay.

Safety

As part of the 17th Precinct, Sutton Place recorded 12.64 crimes per 1,000 residents in 2016, making the neighborhood one of the safest in Manhattan.

Schools in the area

The Family School

Grade: PK-6

Distance: 0.44 miles

East Side Elementary School, PS 267

Grade: PK-4

Distance: 0.47 miles

Disclaimer:

The data displayed in this section is provided by GreatSchools.org. The schools linked to this address are selected based on geographic proximity and do not take into account school attendance zones.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1006-1020 1st Ave, New York, NY 10022
  • 401-415 E 55th St, New York, NY 10022
  • 400-416 E 56th St, New York, NY 10022
  • Property Description

    400 E 56th St, New York, NY 10022 is a Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) property in New York. This property is located in 10022 and was built in 1969. 400 E 56th St, New York, NY 10022 has a total lot square footage of 46,763. Part of Sutton Place, it is 0.33 Miles away from the closest police station and 0.65 Miles away from the closest fire station. 400 E 56th St, New York, NY 10022 was last sold on 10/1/2006. The tax assessor�s market value for this property is $210,526,000 and is projected to be $0 next year. Total property tax paid is $9,732,772. 400 E 56th St, New York, NY 10022 is assigned to school district 2.

    The average household income in 10022 is $221,140 and there are a total of 23,172 housing units, out of which 17,552 are occupied. The median year built of properties in 10022 is 1958.