NOT LISTED FOR SALE

Estimated Value: $1,543,000

-- Bed
1 Bath
6,646 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,790,000 $269 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,405/month

About This Home

As of May 2019

Amazing opportunity to own a part of one of the most vibrant parts of Manhattan with unlimited potential. This 19.33 x 100 foot lot at 13 East 128th Street is located between Madison and Fifth Avenues in Harlem near an eclectic mix of shops, restaurants, and green spaces as well as a number of transportation options. 13 East 128th Street is located on a mature, tree-lined street surrounded by stunning examples of NYC pre-war architecture in a dynamic, culturally-rich neighborhood.

This site features over 6,600 square feet of build-able floor area, with already-approved plans for a six unit condominium. The approved plans will perfectly compliment this classic area with a light brick facade and gracious apartment layouts that each feature over 1,000 square feet of interior space with private balconies.

13 East 128th Street is in a prime Manhattan location, very close to the 2 & 3 express trains at 125th Street and Malcolm X Boulevard as well as the 4, 5, & 6 trains and Metro-North station at 125th Street and Park Avenue. This site is also a short walk from Lenox Ave, Whole Foods, and Marcus Garvey Park. For nearly a century, Harlem has been considered one of the main cultural hubs of NYC. Become a part of this neighborhood's rich history and bright future at 13 East 128th Street.

NOTE: Pictures are of neighborhood and surrounding architecture.

Last Agent to Sell the Property

Brett Michaels

Compass License #10301216860 Listed on: 07/18/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,204

Lot Details

  • 1,917

Home Design

  • 6,646 Sq Ft Home

Additional Features

  • 1 Full Bathroom
  • Lot Dimensions are 19.0 x 99.0

Community Details

  • East Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 108 / 1753

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,204

Lot Details

0

Listing Details

  • Cross Street: Fifth Avenue/Madison Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Harlem
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Living Area: 6646.0
  • Living Area Units: Square Feet
  • Rooms (Total): 1

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 19.0 x 99.0

Tax Info

  • Tax Block: 1753
  • Tax Lot: 108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2018
Sold by
East 128 Street Holdings Llc
Bought by
128 Street Developers Llc
Current Estimated Value
$1,543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$217,115
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2015
Sold by
Dingle Bay Profit Sharing Plan
Bought by
East 128 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2015
Sold by
Dingle Bay Enterprises Inc
Bought by
Dingle Bay Profit Sharing Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2010
Sold by
13 East 128Th Street Llc
Bought by
Dingle Bay Enterprises Inc Defined Bene

Purchase Details

Closed on
Mar 20, 2009
Sold by
Georges Justin
Bought by
13 East 128Th Street Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Brock Thomas R
Bought by
Georges Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,171,861
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
128 Street Developers Llc $1,500,000 --
East 128 Holdings Llc $815,000 --
Dingle Bay Profit Sharing Plan -- --
Dingle Bay Enterprises Inc Defined Bene -- --
13 East 128Th Street Llc -- --
Georges Justin $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 128 Street Developers Llc $250,000
Previous Owner 140-16 Rockaway Group Llc $750,000
Previous Owner East 128 Holdings Llc $750,000
Previous Owner 13 East 128Th Street Llc $300,000
Previous Owner 13 East 128Th Street Llc $132,800
Previous Owner Georges Justin $1,171,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,790,000 0.0% $269 / Sq Ft
07/18/2017 07/18/17 For Sale $1,790,000 -- $269 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
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 $14,204 $134,460 $134,460 --
2024 $14,204 $134,100 $134,100 $0
2023 $15,043 $141,300 $141,300 $0
2022 $16,020 $148,950 $148,950 $0
2021 $16,747 $156,600 $156,600 $0
2020 $17,354 $164,700 $164,700 $0
2019 $18,216 $173,250 $173,250 $0
2018 $18,783 $182,700 $182,700 $0
2017 $18,092 $194,400 $194,400 $0
2016 $17,148 $182,700 $182,700 $0
2015 $8,464 $177,750 $177,750 $0
2014 $8,464 $155,700 $155,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10427109

Real Estate Board of New York (REBNY)

APN: 1753-0108