NOT LISTED FOR SALE

159 E 118th St Unit 2 A New York, NY 10035

East Harlem Neighborhood

Estimated Value: $584,000 - $656,000

1 Bed
1 Bath
646 Sq Ft
$966/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $607,950 $941 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,881/month

31 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 116 Street (4,6 Line)
  • 1-Story Property
  • Rooftop Deck
  • River View
  • 3-minute walk to Harlem Art Park

About This Home

As of March 2024

5.875% financing for qualified buyers available through Valley National Bank Community Plus Program! Ready for Immediate Occupancy! Welcome to The Oslo at 159 East 118th Street, a one-of-a-kind new development condominium in vibrant East Harlem. Enjoy all the amenities associated with a 12 unit elevator building without the additional cost: A state of the art common gym furnished with all the essentials for your daily workout. Stunning oversized roof deck with exceptional views of the Manhattan skyline, perfect for entertaining or relaxing during the day. And large private storage units are available for purchase and common bike storage in the basement for your convenience. Details galore, every apartment has been thoughtfully designed, and features all custom cabinetry and high-end appliances. Most apartments showcase an oversized, quartz kitchen island and breakfast bar. Red oak floors span the living spaces and bedroom. With large, picture windows by Pella accentuating the tree lined street and neighboring architecture. Unit 2A is a south facing 646 square-foot 1 bedroom, 1 bathroom with balcony off the main living room. The open kitchen offers plenty of storage for essentials, and is equipped with a Bertazzoni cooktop, and Blomberg appliance package. The bedroom, which can easily accommodate a king-sized bed set, also contains a generous closet. The bathroom is spacious with a deep soaking tub from Emory & Bond, highlighted by honeycomb tiling and rain shower head. A suspended vanity is placed under the anti-fog, LED mirror that lights up with a touch. The hallway contains additional storage, including a closet for a washer/dryer. Situated on 118th street between Lexington Ave and Third Ave, The Oslo is ringed by parks: Central Park, Harlem River Park and a quick trip to Randalls 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 Red Rooster Harlem, Sylvias Queen of Soul Food, and Raos, 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. Its less than 10 min drive to the FDR. The 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: 12/28/2023

Serhant

Co-Listed By

Tessa Gidish

Serhant License #10401350668

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $14,613

Lot Details

  • 2,526

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • New Construction
  • Entry on the 2nd floor

Interior Spaces

  • 646 Sq Ft Home
  • 1-Story Property
  • River Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1004 / 01824

Community Details

Overview

  • East Harlem Subdivision

Amenities

  • Rooftop Deck

Property Details

Home Type

Apartment

Est. Annual Taxes

$14,613

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Architectural Style: Walk-Up
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Living Area: 646.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Basement: No
  • Basement: Other

Beds/Baths

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

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 356.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Rental Building
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: No

Building Info

  • New Construction: Yes
  • Units: 1
  • Total Stories: 1

Tax Info

  • Tax Block: 01824
  • Tax Lot: 1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Mar 19, 2024
Sold by
159 Nyc Llc
Bought by
Agarwal Apoorv and Schumann April C
Seller's Agent
Alexandra Newman
Serhant
List Price
$599,000
Sold Price
$607,950
Premium/Discount to List
$8,950
1.49%
Views
44
Current Estimated Value
$623,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,853
Avg. Annual Appreciation
1.67%
Original Mortgage
$303,367
Outstanding Balance
$298,331
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,472
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
Agarwal Apoorv $607,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Apoorv $303,367
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $607,950 +1.5% $941 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $599,000 -- $927 / 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 $14,613 $118,379 $15,349 $103,030
2024 $14,613 $116,888 $15,332 $101,440
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: RLS10942367

Real Estate Board of New York (REBNY)

APN: 1767-1003