206 E 124th St Unit 5A New York, NY 10035
East Harlem NeighborhoodEstimated Value: $485,000 - $592,000
2
Beds
1.5
Baths
750
Sq Ft
$498/mo
HOA Fee
Highlights
- City View
- 3-minute walk to 125 Street (4,5,6 Line)
- 1-minute walk to Detective Omar Edwards Park
- Wood Burning Fireplace
About This Home
As of June 2021INVESTORS DREAM! High rent possibilities and extremely low monthlies. This rare and coveted 2 bedroom home has a working fireplace and your own private 800 sf Roof Terrace Oasis, located in a well-run boutique condominium in a prime Harlem locale just 15 minutes on the express train to midtown, 30 to Wall Street. This sunny top-floor apartment is worth the walk up. Enter the spacious living room with soaring 11 feet high ceilings complete with custom storage space, video intercom system, and a fun indoor swing decorated with Balinese wood carving. There is a windowed guest half bath to the south. Past the dining area and the fireplace with firewood storage and additional closet is the windowed galley kitchen with stainless steel appliances, ebony granite counter tops and flooring, abundant custom cabinetry, dishwasher, and washer/dryer unit. The hallway continues to the two bedrooms and modern bathroom with spa-style shower and heat lamp. There are beautiful hardwood floors throughout, custom overhead recessed lighting and large closets in all rooms, with air conditioners behind custom covers. One flight up is your landscaped private roof terrace with an elegant wooden pergola for dining al fresco, perfect for entertaining, exercising, and working from home, this airy, peaceful space is complete with power plugs and fairy lights. There are open endless 360 degree views, ideal for morning espressos and evening ap?ritifs, a very European feel in this rapidly transforming neighborhood full of art galleries, coffee shops, fine dining options and community gardens and parks. Located just 1 block from the 4/5/6 trains and Metro-North, seconds to the FDR, and 15 minutes to La Guardia airport. Perfect starter home, money producing investment opportunity, and pied-?-terre and pet friendly. Building was completely modernized and renovated in 2008 and is financially solid, super low common charges havent increased in several years, no board approval, and easy application process. Contact us to view this charming one-of-a-kind home.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #30ME1002047 Listed on: 04/05/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,780
Year Built
- Built in 1900
HOA Fees
- $498 Monthly HOA Fees
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- City Views
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- No Cooling
Community Details
- Eharlem Subdivision
Listing and Financial Details
- Tax Block 1788
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2020
Closed on
Jun 21, 2021
Sold by
Chow Clara and Xu Yang
Bought by
Harris Shawn
Seller's Agent
Heather Meissner
Douglas Elliman Real Estate
List Price
$649,000
Sold Price
$599,000
Premium/Discount to List
-$50,000
-7.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,660
Avg. Annual Appreciation
-2.51%
Original Mortgage
$480,235
Outstanding Balance
$437,624
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,833
Purchase Details
Listed on
Feb 12, 2016
Closed on
May 6, 2016
Sold by
Clayton Rodney C
Bought by
Chow Clara and Xu Yang
List Price
$539,000
Purchase Details
Closed on
May 16, 2008
Sold by
206 Condos Llc
Bought by
Clayton Rodney C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,600
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harris Shawn | $559,500 | -- | |
| Chow Clara | $525,000 | -- | |
| Clayton Rodney C | $396,758 | -- | |
| Clayton Rodney C | $396,758 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harris Shawn | $480,235 | |
| Previous Owner | Clayton Rodney C | $1,771 | |
| Previous Owner | Clayton Rodney C | $354,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2021 06/21/21 | Sold | $599,000 | -7.7% | $799 / Sq Ft |
| 04/04/2020 04/04/20 | For Sale | $649,000 | +20.4% | $865 / Sq Ft |
| 05/09/2016 05/09/16 | Sold | -- | -- | -- |
| 04/09/2016 04/09/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $539,000 | -- | $722 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $7,564 | $62,159 | $8,820 | $53,339 |
| 2024 | $7,564 | $60,502 | $8,820 | $51,682 |
| 2023 | $5,725 | $60,218 | $8,820 | $51,398 |
| 2022 | $5,474 | $61,047 | $8,820 | $52,227 |
| 2021 | $7,169 | $59,693 | $8,820 | $50,873 |
| 2020 | $6,790 | $63,788 | $8,820 | $54,968 |
| 2019 | $6,424 | $62,339 | $8,820 | $53,519 |
| 2018 | $5,962 | $60,165 | $8,820 | $51,345 |
| 2017 | $5,429 | $46,211 | $8,820 | $37,391 |
| 2016 | $5,342 | $44,510 | $8,820 | $35,690 |
| 2015 | $2,479 | $46,274 | $8,820 | $37,454 |
| 2014 | $2,479 | $42,021 | $8,820 | $33,201 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Meissner
Seller's Agent in 2021
Heather Meissner
Douglas Elliman Real Estate
(917) 216-7517
1 in this area
6 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10617433
APN: 1788-1114
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