NOT LISTED FOR SALE

Estimated Value: $1,934,000 - $3,197,559

5 Beds
5.5 Baths
4,250 Sq Ft
$648/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $2,970,000 $699 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $17,402/month

2,491 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to 135 Street (2,3 Line)
  • Balcony
  • Pre War Building
  • Terrace
  • 4-minute walk to Langston Hughes Playground

About This Home

As of June 2021

Live like royalty in this palatial, meticulously renovated townhouse that melds historic, rustic details with elegant updates in the perfect Harlem location. Configured as an expansive single-family home with four bedrooms and five-and-a-half bathrooms, the residence can easily be converted to a two-family home with a grand three-bedroom owner's triplex atop a well-appointed, income-generating garden duplex.

Parlor Level:

Enter on the parlor level and take in gorgeous Brazilian cherry wood floors, a stately Mahogany staircase, swaths of exposed brick and high ceilings, all of which set the tone for the chic details found throughout this majestic residence. On this floor, a large living room and formal dining room sit on opposite ends with the professional-grade open kitchen acting as the literal heart of the home. Here, stunning granite countertops and rows of glass-front cabinetry surround top-of-the-line stainless steel appliances, including a Wolf cooktop and oven with vented hood and a Sub-Zero refrigerator. Just beyond the dining area, the rear Terrazzo terrace and expansive backyard provide the perfect destination for al fresco dining and outdoor recreation.

Garden Level:

The garden level provides a cozy destination for casual gatherings or the perfect full-service guest suite. A large brick-lined living room features a lovely decorative fireplace while the home's second, top-notch kitchen offers full-size stainless steel appliances and breakfast bar seating. Further on, a beautiful bathroom with deep-soaking bathtub shower is positioned near a large bedroom with direct access to the rear yard.

On the beautifully finished cellar level, you'll find a large home gym, a full bathroom, storage room, a wine cellar and another delightfully rustic living space featuring gorgeous exposed stone walls and a large secluded patio space.

3rd Floor:

Head up to the home's third floor to find two regal bedrooms facing front and rear, each with a beautiful en suite bathroom, large closet, decorative fireplace and tall windows. A large laundry room separates the suites and the rear bedroom features a large private balcony of its own.

Owner's Suite:

Last, but certainly not least, a princely full-floor owner's suite occupies the entire top level of this impressive residence. Here, a serene sleeping chamber is covered in more exposed brick, including another deco fireplace, and opens to a quaint north-facing balcony. Rows of custom closets including pull-out shoe shelving line nearly the whole floor, elegantly attending to wardrobe needs. Nearby, a massive barn door leads to the spa-like bathroom a work of art outfitted with a large steam shower, dual-sink vanity and a stunning claw foot bathtub. A large skylight overhead basks the room in light, accentuating the ornate tilework and expanses of marble. Above the owner suite, you'll find the home's crowning glory a breathtaking roof deck surrounded by 360-degree neighborhood views.

Set in quintessential brownstone Harlem, rows of stunning high-stoop buildings and leafy trees line the block. Located a stone's throw from the bustling 125th Street retail corridor, this home offers excellent access to Harlem's renowned restaurants, nightlife and shopping, not to mention the new Whole Foods. Nearby 2/3, A/C and B/D trains offer easy access to the rest of the city and beyond.

*The seller is willing to offer a credit of $2,238/month for the first years' taxes. This is to be deducted from the total monthly tax of $2,938, leaving a balance of $700/month for taxes.*

Last Agent to Sell the Property

Jason Perkal

Corcoran Group License #10301206424 Listed on: 06/22/2020

Corcoran Group

Co-Listed By

Prince Dockery

Corcoran Group License #10301207945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,743

Year Built

  • Built in 1899

Lot Details

  • 1,655

Home Design

  • Pre War Building

Interior Spaces

  • 4,250 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Additional Features

  • Lot Dimensions are 17.0 x 106.67
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 144 / 1916

Community Details

Overview

  • 2 Units
  • West Harlem Subdivision

Amenities

  • Rooftop Deck
  • Building Patio
  • Building Terrace
  • Laundry Facilities

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,743

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Lenox Avenue/Adam Clayton Powell Boulevard
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: West Harlem
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 4250.0
  • Living Area Units: Square Feet
  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Patio, Building Terrace, Patio, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 17.0 x 106.67

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1916
  • Tax Lot: 144

Multi Family

  • Units (Vacant): 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jun 14, 2021
Sold by
Katergaris Catherine Luzio and Katergaris Serafim Georgios
Bought by
Bruce Eric Sands As Co-Trustee and Sara Karp Sands, As Co-Trustee
Seller's Agent
Jason Perkal
Corcoran Group
List Price
$2,970,000
Sold Price
$2,970,000
Current Estimated Value
$2,753,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$216,110
Avg. Annual Appreciation
-3.02%
Original Mortgage
$498,266
Outstanding Balance
$454,055
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$2,152,477

Purchase Details

Closed on
Nov 12, 2014
Sold by
124 West 132Nd Street Llc
Bought by
Katergaris Catherine Luzio and Katergaris Serafim Georgios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,212,500
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2013
Sold by
Holloway Sandra
Bought by
124 West 132Nd St Llc
Source: Public Records

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
Bruce Eric Sands As Co-Trustee $2,970,000 --
Katergaris Catherine Luzio $2,950,000 --
124 West 132Nd St Llc $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The 124 West 132Nd St Trust $498,266
Previous Owner Katergaris Catherine Luzio $2,212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $2,970,000 0.0% $699 / Sq Ft
06/06/2014 06/06/14 For Sale $2,970,000 -- $699 / 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
2025 $32,743 $172,801 $22,168 $150,633
2024 $32,743 $163,020 $24,000 $137,402
2023 $33,339 $164,160 $24,000 $140,160
2022 $32,616 $163,380 $24,000 $139,380
2021 $34,535 $164,100 $24,000 $140,100
2020 $35,204 $186,780 $24,000 $162,780
2019 $32,822 $168,000 $24,000 $144,000
2017 $31,033 $152,234 $19,822 $132,412
2016 $15,718 $139,500 $13,500 $126,000
2015 $8,605 $131,400 $13,500 $117,900
2014 $8,605 $131,400 $13,500 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10772726

Real Estate Board of New York (REBNY)

APN: 1916-0144