NOT LISTED FOR SALE

Estimated Value: $1,919,689 - $2,129,000

7 Beds
4.5 Baths
2,835 Sq Ft
$712/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2024

Last sale price $1,900,000 $670 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,211 / mo

83 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Baseboard Heating
  • No HOA
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2024

Attention, investors! Don't miss this well-maintained three-family building featuring extra-large layouts and a fantastic East Harlem location. One unit is currently leased to an excellent tenant, the 2nd floor duplex and the top-floor home will be delivered vacant, making this an ideal opportunity for owner/investors.
Each unit in this handsome brick building features hardwood, tile flooring, through-the-wall air conditioners and large windows facing north and west.
The two-bedroom, one-bathroom ground-floor unit offers a spacious living/dining room, a large open kitchen with granite counters, and fantastic closet space, including an oversized laundry closet with an in-unit washer-dryer.
Unit 2 is an expansive three-bedroom, two-and-a-half-bathroom duplex with a brand-new deck leading to the fenced yard below. The main level offers a large living room lined by two coat closets and a powder room. The open eat-in kitchen includes excellent cabinet space, full-size appliances, and outdoor access for al fresco dining and entertaining. The upper level is finished with an owner's suite with a private bath, a laundry closet and interior bonus space. Two secondary bedrooms share a full hall bathroom.
On the building's top floor, you'll find another two-bedroom, one-bathroom flat with excellent closet space. This updated building is in great condition, with solar panels and a newer water boiler.
This vibrant East Harlem neighborhood is filled with fantastic restaurants, shops and services at every turn. Just two blocks away, The East River Plaza shopping center includes Target, Costco, ALDI, Burlington, Planet Fitness and more. Tenants will enjoy wonderful outdoor space at Marcus Garvey Park, Thomas Jefferson Park and the Harlem River waterfront. Just over the bridge, Randalls-Wards Island offers acres of recreation, sports fields and special events. Transportation is effortless with 4/5/6 and LIRR trains, excellent bus service, CitiBike stations, the FDR and RFK Bridge all nearby.

Last Agent to Sell the Property

Jeff Reyngach

Compass License #10301215104 Listed on: 07/05/2023

Compass

Co-Listed By

Sonia Levinsky

Revived Residential License #10401351357

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,976

Year Built

  • Built in 2003

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,835 Sq Ft Home
  • 3-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Deck
  • Lot Dimensions are 21.330000x100.920000

Community Details

  • No Home Owners Association
  • 3 Units
  • East Harlem Subdivision

Listing and Financial Details

  • Legal Lot and Block 147 / 01795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,976

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 1
  • Structure Type: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Fireplace: No
  • Living Area: 2835.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 7

Exterior Features

  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Natural Gas, Solar
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 21.330000x100.920000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 2003

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01795
  • Tax Lot: 147
  • Tax Annual: 14976.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Mar 18, 2024
Sold by
Guerrero Enercida and Pedraza Pedro
Bought by
Inhambane Llc
Seller's Agent
Jeff Reyngach
Compass
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%
Views
232
Current Estimated Value
$2,018,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,672
Avg. Annual Appreciation
3.03%
Original Mortgage
$1,520,000
Outstanding Balance
$1,488,082
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,590

Purchase Details

Closed on
Jun 8, 2004
Sold by
The Affordable Housing Development and Fund Corporation
Bought by
Guerrero Enercida and Pedraza Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,587
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Inhambane Llc $1,900,000 --
Inhambane Llc $1,900,000 --
Guerrero Enercida $645,795 --
Guerrero Enercida $645,795 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inhambane Llc $1,520,000
Closed Inhambane Llc $1,520,000
Previous Owner Guerrero Enercida $20,587
Closed Guerrero Enercida $593,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $1,900,000 -11.6% $670 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $2,150,000 -- $758 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $16,068 $79,999 $26,191 $53,808
2024 $16,068 $79,999 $40,800 $55,159
2023 $14,985 $79,396 $23,301 $56,095
2022 $12,790 $147,420 $40,800 $106,620
2021 $11,635 $126,780 $40,800 $85,980
2020 $8,558 $133,740 $40,800 $92,940
2019 $7,371 $111,360 $40,800 $70,560
2018 $7,219 $66,163 $14,912 $51,251
2017 $6,978 $62,419 $22,153 $40,266
2016 $5,716 $58,886 $21,021 $37,865
2015 $1,932 $55,555 $17,690 $37,865
2014 $1,932 $55,555 $17,690 $37,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10956164

Real Estate Board of New York (REBNY)

APN: 1795-0147

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