NOT LISTED FOR SALE

243 Mulberry St Unit 3L New York, NY 10012

Nolita Neighborhood

Estimated Value: $762,910

1 Bed
1 Bath
-- Sq Ft
-- Built

Last Sold October 16, 2017

Last sale price $826,475

Est. 8% decrease in value since last sale

Current estimated payment $5,442/month

About This Home

As of October 2017

243 Mulberry Street is in the middle of the hottest neighborhood in New York City. Hungry? Stop by the new Philippe Starck-designed Miss Paradis or grab a slice at famed pizzeria Lombardi's. In the mood to shop? In your immediate vicinity is everything from Helmut Lang to Scotch & Soda. Nolita is truly a hotbed for the hip. And now the epitome of city living is within your grasp.

243 Mulberry Street is an intimate 8-unit co-op, two apartments per floor, located in the heart of Nolita. So rarely does an apartment come available on this classic Manhattan block! Apt 3L is a spacious 1-bed / 1-Bath with a second room that can be used as a home office or 2nd bedroom (there is no window). The renovated entryway to the building features exposed brick and a classic, minimalist design. Pre-war features extend into the apartment with exposed brick and two decorative fireplaces. Hard wood flooring is found throughout and the 4 large windows all face East. The recently-renovated kitchen is open to the living room and has an LG fridge, electric stove and whirlpool dishwasher. The roomy bedroom will easily fit a queen size bed and the 2nd room is very generous size and has a split system for heating and a/c.

This impeccably kept co-op is an HDFC building with exceptionally high-income thresholds: 250% AMI limits- Buyer must earn less than: For 1: $167k For 2: $191kFor 3: $214k This will need to be an all cash purchase unless you are able to obtain personal financing. Gifting is allowed and subletting after 2-years of ownership.

There is a laundry room in the basement, the co-op owns the commercial space and benefits monthly from the rental income and there is no underlying mortgage. With incredibly low maintenance at $429, this is a chance to own a home in one of the most desirable neighborhoods in Manhattan. The apartment currently has tenants, a minimum of 24-hour notice for all showings.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Off Market $826,475 -- --
07/23/2020 07/23/20 For Rent $3,750 -99.5% --
07/23/2020 07/23/20 Rented -- -- --
10/16/2017 10/16/17 Sold $826,475 +4.0% --
09/16/2017 09/16/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $795,000 -- --

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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