NOT LISTED FOR SALE

Estimated Value: $472,000 - $587,000

1 Bed
1 Bath
654 Sq Ft
2004 Built

Highlights

  • Furnished
  • 2-minute walk to 116 Street (4,6 Line)
  • Cooling System Mounted In Outer Wall Opening
  • Community Garden
  • Balcony
  • 3-minute walk to Harlem Art Park

About This Home

As of July 2019

**Application Pending** Welcome to 124 East 118th Street, a boutique 8 unit building with only two units per floor. This bright and expansive 1 bedroom/1 bathroom home features a separate home office. The south-facing floor plan encompasses a balcony overlooking a tranquil garden. The home features hardwood floors and ample storage options throughout. The kitchen features granite countertops and stainless steel appliances (including a dishwasher). The polished bathroom comes equipped with a soaking tub. Located a stone's throw from neighborhood cafes, bars, and restaurants, and a short stroll to the 6 train (at 116th Street), this is East Harlem living at its finest! The home is offered furnished. Centralized laundry in the basement. Pets are not permitted.

Last Agent to Rent the Property

Devin Kogel

Corcoran Group License #10301213944 Listed on: 06/15/2019

Corcoran Group

Co-Listed By

Christopher Daish

Corcoran Group License #10401248763

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $136

Year Built

  • Built in 2004

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Furnished
  • Balcony
  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Property Available on 7/15/19
  • Tax Block 1645

Community Details

Overview

  • 8 Units
  • The Terraces Condos
  • East Harlem Subdivision
  • 5-Story Property

Amenities

  • Community Garden
  • Courtyard
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$136

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2019-07-15

Listing Details

  • Cross Street: Park Avenue & Lexington Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: East Harlem
  • Entry Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Courtyard, Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 25.0 x 101.0

Building Info

  • New Construction: No
  • Building Name: THE TERRACES
  • Units: 8
  • Total Stories: 5
  • Year Built: 2004

Tax Info

  • Tax Block: 1645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2005
Sold by
Barwex Development Llc
Bought by
Rivera Rodrigo
Current Estimated Value
$526,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Outstanding Balance
$40,284
Interest Rate
6.06%
Estimated Equity
$486,015
Source: Public Records

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
Rivera Rodrigo $365,000 --
Rivera Rodrigo $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rodrigo $73,000
Closed Rivera Rodrigo $73,000
Open Rivera Rodrigo $292,000
Closed Rivera Rodrigo $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2019 06/15/19 For Rent $2,350 -- --
06/15/2019 06/15/19 Rented -- -- --
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
2025 $136 $72,326 $1,575 $70,751
2024 $136 $61,223 $1,919 $59,425
2023 $134 $53,502 $1,919 $51,583
2022 $133 $57,934 $1,919 $56,015
2021 $134 $57,294 $1,919 $55,375
2020 $136 $61,680 $1,919 $59,761
2019 $138 $59,761 $1,919 $57,842
2018 $139 $44,131 $1,700 $42,431
2017 $139 $40,975 $1,674 $39,301
2016 $141 $37,940 $1,710 $36,230
2015 $110 $36,662 $1,780 $34,882
2014 $110 $33,947 $1,919 $32,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10537349

Real Estate Board of New York (REBNY)

APN: 1645-1003