NOT LISTED FOR SALE

27 Eldridge St New York, NY 10002

Chinatown Neighborhood

Estimated Value: $2,050,197

Studio
-- Bath
4,260 Sq Ft
$481/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $2,100,000 $493 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,198/month

Highlights

  • Wood Flooring
  • 4-minute walk to East Broadway
  • Heating System Uses Steam
  • P.S. 2 Meyer London Rated A
  • Cooling Available
  • 1-minute walk to Sara D. Roosevelt Park

About This Home

As of June 2023

5 STORY, 4 FAMILY + STOREFRONT MIXED-USE ALL BRICK BUILDING ON A BUSY BLOCK IN THE HEART CHINATOWN NYC(STEPS FROM CANAL ST)… EXCELLENT OPPORTUNITY FOR ENTERPRISING END-USER WITH ANY TYPE BUSINESS VENTURE, OR MAKES FOR A PERFECT SUPER-HIGH INCOME CASH COW INVESTMENT PROPERTY WITH A PROJECTED RENT ROLL OF OVER $300,000/YEAR-OVER $25,000/MONTH!!! EACH UNIT HAS ITS OWN SEPARATE HEAT & HOT WATER- TENANTS PAY ALL THEIR OWN UTILITIES- LANDLORD PAYS FOR NO UTILITIES… THIS AMAZING BUILDING CONSISTS OF A BUSY STOREFRONT ON 1st FLOOR/GROUND LEVEL OVER FULL BASEMENT + BACKYARD, 3 BEDROOM APARTMENT ON 2nd FLOOR, 3 BEDROOM APARTMENT ON 3rd FLOOR, 3 BEDROOM APARTMENT ON 4th FLOOR, 3 BEDROOM APARTMENT ON 5th FLOOR… DON’T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF REAL ESTATE GOLD; IN GLORIOUS & FAMOUS CHINATOWN… PRICED RIGHT FOR TODAY’S MARKET- THIS ONE WILL SURELY NOT LAST LONG…

Last Agent to Sell the Property

Billy Apter

RE/MAX Real Estate Professiona Listed on: 09/30/2022

RE/MAX Real Estate Professiona

Co-Listed By

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Last Buyer's Agent

Vito Angelo

RE/MAX Real Estate Professionals License #40AN0957928

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $37,416

Year Built

  • Built in 1910

Lot Details

  • 1,814 Sq Ft Lot
  • Lot Dimensions are 80 x 22
  • Back Yard
  • Property is zoned C6-1G

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,260 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • 5-Story Property

Listing and Financial Details

  • Tax Block 292

Property Details

Property Type

Other

Est. Annual Taxes

$37,416

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Manhattan
  • Building Length: 44.00
  • Building Width: 23.00
  • Co List Office Mls Id: 114610
  • Co List Office Phone: (718) 532-2000
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Storm Drains
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Canal St.
  • Cross Street Name2: Forsyth St.
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4260
  • Building Stories: 5
  • Street Name I D X: Eldridge
  • Year Built: 1910
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1814

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 20
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 22
  • Zoning: C6-1G

Tax Info

  • Flip Tax Amount: 37416.00

Multi Family

  • Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Jun 14, 2023
Sold by
Tai Keung Realty Corp
Bought by
Coastline Realty Llc
Seller's Agent
Billy Apter
RE/MAX Real Estate Professiona
Buyer's Agent
Vito Angelo
RE/MAX Real Estate Professionals
List Price
$3,988,000
Sold Price
$2,100,000
Premium/Discount to List
-$1,888,000
-47.34%
Views
88
Current Estimated Value
$2,050,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,803
Avg. Annual Appreciation
-0.91%
Original Mortgage
$1,260,000
Outstanding Balance
$1,226,061
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$824,136
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coastline Realty Llc $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastline Realty Llc $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $2,100,000 -35.3% $493 / Sq Ft
03/20/2023 03/20/23 Price Changed $3,245,000 -0.1% $762 / Sq Ft
03/14/2023 03/14/23 Price Changed $3,248,000 0.0% $762 / Sq Ft
03/07/2023 03/07/23 Price Changed $3,249,000 0.0% $763 / Sq Ft
02/26/2023 02/26/23 Price Changed $3,250,000 +8.5% $763 / Sq Ft
02/21/2023 02/21/23 Price Changed $2,995,000 -6.4% $703 / Sq Ft
02/17/2023 02/17/23 Price Changed $3,200,000 -1.5% $751 / Sq Ft
02/07/2023 02/07/23 Price Changed $3,250,000 -0.8% $763 / Sq Ft
02/03/2023 02/03/23 Price Changed $3,275,000 -0.6% $769 / Sq Ft
01/27/2023 01/27/23 Price Changed $3,295,000 -1.6% $773 / Sq Ft
01/16/2023 01/16/23 Price Changed $3,350,000 -0.7% $786 / Sq Ft
01/13/2023 01/13/23 Price Changed $3,375,000 -0.6% $792 / Sq Ft
01/12/2023 01/12/23 Price Changed $3,395,000 -0.1% $797 / Sq Ft
01/09/2023 01/09/23 Price Changed $3,400,000 -1.4% $798 / Sq Ft
01/06/2023 01/06/23 Price Changed $3,450,000 -0.7% $810 / Sq Ft
01/04/2023 01/04/23 Price Changed $3,475,000 -0.1% $816 / Sq Ft
01/02/2023 01/02/23 Price Changed $3,480,000 -0.1% $817 / Sq Ft
12/26/2022 12/26/22 Price Changed $3,485,000 -0.1% $818 / Sq Ft
12/23/2022 12/23/22 Price Changed $3,488,000 -0.1% $819 / Sq Ft
12/20/2022 12/20/22 Price Changed $3,490,000 -0.1% $819 / Sq Ft
12/09/2022 12/09/22 Price Changed $3,495,000 -0.1% $820 / Sq Ft
12/03/2022 12/03/22 Price Changed $3,499,000 0.0% $821 / Sq Ft
11/25/2022 11/25/22 Price Changed $3,500,000 -6.7% $822 / Sq Ft
10/12/2022 10/12/22 Price Changed $3,750,000 -6.0% $880 / Sq Ft
09/30/2022 09/30/22 For Sale $3,988,000 -- $936 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $42,613 $340,846 $99,140 $241,706
2024 $42,613 $340,846 $163,350 $221,878
2023 $40,515 $330,278 $94,775 $235,503
2022 $37,416 $474,300 $163,350 $310,950
2021 $34,736 $479,250 $163,350 $315,900
2020 $32,338 $516,600 $163,350 $353,250
2019 $33,067 $535,050 $163,350 $371,700
2018 $32,810 $254,060 $62,271 $191,789
2017 $29,920 $235,242 $65,991 $169,251
2016 $28,081 $217,818 $76,394 $141,424
2015 $18,231 $201,684 $56,577 $145,107
2014 $18,231 $201,684 $67,914 $133,770
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Billy Apter

    RE/MAX

    (718) 887-5708

    1 in this area

    253 Total Sales

    Billy Apter
    Section Image
  • Vito Angelo

    Seller Co-Listing Agent in 2023

    Vito Angelo

    RE/MAX

    (718) 887-5708

    1 in this area

    262 Total Sales

    Vito Angelo
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 466489

Brooklyn Board of REALTORS®

APN: 0292-0020

New York New York County New York 10002 Chinatown

27 Eldridge St, New York, NY

Not Listed for Sale

Other

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