NOT LISTED FOR SALE
-- Bed
-- Bath
34,944 Sq Ft
0.27 Acres

Last Sold July 16, 2021

254 Days on Market

Highlights

  • Elevator
  • Built-In Barbecue
  • 4 Car Garage
  • Porch

About This Home

As of July 2021

The New Yorker apartments is a 59 unit apartment building in Midtown/Hyde Park, just one block east of Main Street where the new KC street car will be built. The location makes it a great value-add opportunity while the rest of Main street redevelops and increases property values.

The building includes a manager’s office on the main floor, an elevator, coin operated laundry, vending machine, and garage which could be converted into a parking garage. Brand new TPO roof with 50 yr warranty. Steel and concrete construction which keeps your insurance cheaper than stick-built.

This building is near 100% occupancy at all times with many long term tenants. Ask your Realtor for the Investment Analysis Chart found in the supplements and follow the Virtual tour with 144 pictures.

Last Agent to Sell the Property

Scott Tucker

Realty Resource License #SP00232336 Listed on: 09/01/2020

Last Buyer's Agent

Stephen Franano

Aristocrat Realty License #SP00043390

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,846

Year Built

  • Built in 1925

Lot Details

  • 0.27

Home Design

  • Synthetic Roof

Interior Spaces

  • 34,944 Sq Ft Home
  • 4-Story Property
  • Basement

Parking

  • 4 Car Garage
  • Off-Street Parking

Outdoor Features

  • Built-In Barbecue
  • Porch

Utilities

  • Window Unit Cooling System
  • Master Gas Meter
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 30-220-05-03-00-0-00-000

Community Details

Overview

  • 59 Units
  • Hyde Park Subdivision

Additional Features

  • Elevator
  • Gross Income $303,266

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,846

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment Building
  • Age Description: 76-100 Years
  • Legal Description: HYDE PARK N 16.09' OF LOT 16 & ALL OF LOT 17 & S 33.94' OF LOT 18 BLK 10
  • Package: No
  • Year Built: 1925
  • Senior Community: No
  • Exclude From Reports: No
  • Internet Address Display: Yes
  • Internet Automated Valuation Dis: No
  • Internet Consumer Comment: No
  • Internet Entire Listing Display: Yes
  • List Agent Full Name: Scott Tucker
  • List Office Mls Id: RERE
  • List Office Name: Realty Resource
  • List Office Phone: 816-406-0701
  • Maintenance Provided: No
  • Mls Status: Sold
  • Operating Expense: 153663
  • Special Documents Required: No
  • Tax Total Amount: 10846
  • Unit Type: 1 Bedroom, Efficiency, Other Unit
  • Value Range Pricing: No
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator Building
  • Basement: Yes
  • Laundry Features: Central Laundry
  • Stories: 4

Exterior Features

  • Exterior Features: Barbecue
  • Roof: Synthetic
  • Construction Materials: All Brick, Concrete
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Steam
  • Sewer: City/Public
  • Telecommunications: Cable - Available
  • Utilities: Cent Water Heater, Master Meters
  • Cooling: No
  • Water Source: City/Public

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Lot Info

  • In Floodplain: No
  • Zoning: RES
  • Building Area Total: 34944.00
  • Lot Size Area Units: Acres
  • Lot Size Sq Ft: 11761.20
  • Parcel Number: 30-220-05-03-00-0-00-000
  • Subdivision Name: Hyde Park

Rental Info

  • Existing Lease Terms: Month To Month

Building Info

  • Number of Units Total: 59

Multi Family

  • Gross Income: 303266
  • Current Occupancy Rate: Over 95%
  • Gross Multiplier: 20.16
  • Operating Expenses Include: Accounting, All Utilities, Legal, Maintenance, Property Insurance, Real Estate Tax, Supplies

Tax Info

  • Tax Abatement: No
  • Tax Annual Amount: 10846.00

MLS Schools

  • School District: Center

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold -- -- --
05/13/2021 05/13/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $3,500,000 -5.4% $100 / Sq Ft
03/03/2021 03/03/21 Price Changed $3,700,000 -7.5% $106 / Sq Ft
09/01/2020 09/01/20 For Sale $4,000,000 -- $114 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2240779

Heartland MLS