NOT LISTED FOR SALE

389 Convent Ave New York, NY 10031

Sugar Hill Neighborhood

Estimated Value: $845,000 - $2,067,000

5 Beds
3 Baths
2,560 Sq Ft
$585/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $1,150,000 $449 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,850/month

394 Days on Market

About This Home

As of November 2019

HUGE PRICE DROP! $1,200,000 FIRM

PROOF OF FUNDS REQUIRED BEFORE ANY SHOWINGS. ALL CASH -NO CONTINGENCIES

Do you have vision? Can you recognize opportunity when it knocks? Are you looking for a deal?

THIS IS BASICALLY A SHELL. Presenting 389 Convent Avenue, a townhouse with unlimited potential for the savvy buyer.Priced far lower than neighboring homes, this townhouse requires a complete renovation to bring it back to its glory days.

It's located on a beautiful brownstone block in the middle of prime Hamilton Heights, near City College, mass transportation, and the area's emerging restaurant scene.

16'x 50' lot, built 40', you'll have nothing but your imagination to stop you from configuring this 2,560 sf home. At $546 per sf, that leaves you plenty of budget for the renovation.Annual taxes are an incredible $4292! That's $357 a month!What does your dream home look like?This is not an SRO, and it's currently a one family home. The house was built in 1910 of masonry and brick. It is essentially a shell, and it is priced accordingly.

SHOWINGS ONLY AFTER PROOF OF FUNDS HAVE BEEN RECEIVED. NO CONTINGENCIES. PLEASE CALL TO DISCUSS. THIS TOWNHOUSE IS BEING SOLD AS IS.

Last Listed By

Martin Krasnoff

Highline Residential LLC License #10301222278 Listed on: 09/27/2018

Highline Residential LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,380

Year Built

  • 1910

Lot Details

  • 784

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • Hamilton Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,380

Year Built

1910

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Hamilton Heights
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1910

Interior Features

  • Appliances: Washer Dryer Allowed
  • Rooms (Total): 9

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Building Info

  • Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 25, 2019
Sold by
Dacruz As Trustee Elise
Bought by
Daneman Mark and Johnston Constance
Seller's Agent
Martin Krasnoff
Highline Residential LLC
List Price
$1,399,999
Sold Price
$1,150,000
Premium/Discount to List
-$249,999
-17.86%
Total Days on Market
394
Current Estimated Value
$1,496,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,782
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Estate Of Helena R Gomillion
Bought by
Elise Dacruz Trustee Jacqueline Hembrick and Elise Dacruz Trustee Robert Johnson Irre
Source: Public Records

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Range of Values:

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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
Daneman Mark $1,100,000 --
Elise Dacruz Trustee Jacqueline Hembrick -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $1,150,000 -17.9% $449 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
09/27/2018 09/27/18 For Sale $1,399,999 -- $547 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2024 $5,380 $26,784 $24,480 $21,191
2023 $5,132 $25,268 $4,590 $20,678
2022 $4,759 $128,580 $24,480 $104,100
2021 $4,734 $104,160 $24,480 $79,680
2020 $4,761 $114,600 $24,480 $90,120
2019 $4,662 $116,100 $24,480 $91,620
2016 $3,747 $18,744 $5,652 $13,092
2015 $2,261 $18,744 $8,474 $10,270
Source: Public Records

Agents Affiliated with this Home

  • Martin Krasnoff

    Seller's Agent in 2019

    Martin Krasnoff

    Highline Residential LLC

    (212) 665-5400

    8 Total Sales

    Martin Krasnoff
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10572904

Real Estate Board of New York (REBNY)

APN: 2061-0115

New York New York County New York 10031 Sugar Hill

389 Convent Ave, New York, NY

This home is located at 389 Convent Ave, New York, NY 10031 since 27 September 2018 and is currently estimated at $1,496,782, approximately $584 per square foot. This property was built in 1910. 389 Convent Ave is a home located in New York County with nearby schools including P.S.153 Adam Clayton Powell Jr. Elementary School, New Heights Academy Charter School, and Our Lady of Lourdes School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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