NOT LISTED FOR SALE

159 E 118th St Unit 1 B New York, NY 10035

East Harlem Neighborhood

Estimated Value: $798,000 - $1,046,246

1 Bed
1.5 Baths
1,193 Sq Ft
$653/mo HOA Fee

Last Sold September 20, 2023

Last sale price $955,000 $801 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,778/month

89 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 116 Street (4,6 Line)
  • 3-minute walk to Harlem Art Park
  • Garden
  • North Facing Home

About This Home

As of September 2023

Welcome to The Oslo at 159 East 118th Street, a one-of-a-kind new development condominium in vibrant East Harlem. Enjoy all the high-end amenities associated with this 12 unit, elevator building without the additional cost: A state of the art common gym furnished with all the essentials for your daily workout. A stunning oversized roof deck with views of the Manhattan skyline. Large, private storage units in the basement available for purchase and common bike storage.

Details galore, every apartment has been thoughtfully designed, and features custom cabinetry and high-end appliances. This unit showcases an oversized, quartz kitchen island and breakfast bar. Red oak floors span the open living spaces and bedrooms. Large, picture windows by Pella offer views of the tree lined street and neighboring architecture. 1B is a 1,193 sq ft garden duplex with 1 bedroom, 1.5 bathrooms. The north-facing backyard with over 830 sq ft of sunny, private space is ideal for entertaining family and friends. The open kitchen contains plenty of storage for all your cooking essentials and is equipped with a Bertazzoni cooktop and Blomberg appliance package.

The bedroom easily accommodates a king-sized bed set and includes a generous closet. The bathroom with a deep soaking tub from Emory & Bond is detailed with honeycomb tiling and rain shower head. A suspended vanity hovers under the anti-fog, LED mirror which lights up with a touch. A half bath can be found in the spacious basement. At nearly 550 sq ft, this rec room is equipped with a w/d closet and can easily be function as family room or home office. Additional outdoor space is accessible from this level.

Situated on 118th St between Lexington Ave and Third Ave, The Oslo is ringed by parks: Central Park, Harlem River Park, and a quick trip to Randall's Island. Shopping is a breeze at East River Plaza. The building is central to many renowned and well-known restaurants such as Chef Marcus Samuelsson's Red Rooster Harlem, Sylvia's "Queen of Soul Food," and Rao's, a famous haunt for southern Italian dining. Easy access to the 6 train at 116th Street, 4 & 5 trains at 125th Street, and 2 & 3 trains at 116th and Malcolm X Blvd. The FDR is less than a 10 min drive away.

Complete terms are in an offering plan available from the Sponsor File No. CD210258

Last Agent to Sell the Property

Alexandra Newman

Serhant License #10401267998 Listed on: 11/08/2022

Serhant

Co-Listed By

Tessa Gidish

Serhant License #10401350668

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,740

Year Built

  • Built in 2022 | New Construction

Lot Details

  • North Facing Home
  • Garden

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • 1,193 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • Dishwasher
  • Washer Dryer Allowed

Community Details

  • 12 Units
  • The Oslo Condos
  • East Harlem Subdivision
  • 6-Story Property

Listing and Financial Details

  • Tax Block 01767

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,740

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Cross Street: LEXINGTON AVENUE and 3 AVENUE
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dishwasher, Washer Dryer Allowed
  • Living Area: 1193.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 653.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE OSLO
  • Units: 12
  • Total Stories: 6
  • Year Built: 2022

Tax Info

  • Tax Block: 01767
  • Tax Annual: 16740.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Sep 20, 2023
Sold by
159 Nyc Llc
Bought by
Angelova Yekaterina and Garcia Javier
Seller's Agent
Alexandra Newman
Serhant
List Price
$1,009,000
Sold Price
$955,000
Premium/Discount to List
-$54,000
-5.35%
Views
80
Current Estimated Value
$925,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,438
Avg. Annual Appreciation
-1.52%
Original Mortgage
$405,000
Outstanding Balance
$396,617
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$528,945
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
Angelova Yekaterina $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angelova Yekaterina $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $955,000 -4.4% $801 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/02/2023 01/02/23 Price Changed $999,000 -1.0% $837 / Sq Ft
11/08/2022 11/08/22 For Sale $1,009,000 -- $846 / 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 $26,778 $216,922 $28,128 $188,794
2024 $26,778 $214,187 $28,094 $185,879
2023 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10914628

Real Estate Board of New York (REBNY)

APN: 1767-1002