NOT LISTED FOR SALE

Estimated Value: $478,000 - $634,433

1 Bed
1 Bath
771 Sq Ft
$678/mo HOA Fee

Last Sold August 27, 2022

Last sale price $625,000 $811 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,705/month

59 Days on Market

Highlights

  • Community Garden
  • New Windows
  • Garage
  • Balcony
  • Central Air
  • 5-minute walk to Thomas Jefferson Park

About This Home

As of August 2022

Welcome to 416 East 117th Street, Unit 2C, a one-bedroom stunning condominium apartment with a balcony and available indoor parking. This will exceed your expectations!

Double exposures along with oversized windows invite vibrant sunlight into this spacious modern sanctuary.

Hardwood floors flow throughout, beautifully adding to the warmth and charming aesthetic of the apartment. Granite countertops, stainless steel appliances, with an abundance of cabinet space. This open floor plan is ideal for entertaining.

The spacious king-sized bedroom boasts a sizable closet with room for a large bed and furniture. This room has a door that leads to a large private balcony where you can enjoy your morning coffee or an evening cocktail.

Spacious stylish bathroom, in-unit Bosch washer and dryer, video intercom, central heating, and air conditioning. Elevator, fitness center, and a common courtyard. Pets welcomed.

The apartment is tax abated, with very low monthly taxes, only $4.

Two indoor parking spaces are available, a rarity in the area.

Conveniently located near public transportation. East River Plaza, Costco, Target, Aldis, Patsy's, Raos, Cassava House, and many exciting restaurants, cafes, supermarkets, pharmacies, and all this vibrant neighborhood has to offer.

Last Agent to Sell the Property

Rafael Barbosa

Serhant License #10401239760 Listed on: 02/19/2022

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48

Year Built

  • Built in 2007

Lot Details

  • 5,053

HOA Fees

  • $678 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 771 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7503 / 1710

Community Details

Overview

  • East Harlem Subdivision
  • 7-Story Property

Amenities

  • Community Garden

Property Details

Home Type

Condominium

Est. Annual Taxes

$48

Year Built

Built in 2007

Lot Details

0

HOA Fees

$678 per month

Listing Details

  • Cross Street: First Avenue/Pleasant Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 771.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Building Garden, Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 678.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 7
  • Year Built: 2007

Tax Info

  • Tax Block: 1710
  • Tax Lot: 7503
  • Tax Annual: 48.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Aug 25, 2022
Sold by
Gibbons Linda and Gibbons Terrence
Bought by
Lancaster Johndavid and Lancaster Robyn Nicole
Seller's Agent
Rafael Barbosa
Serhant
List Price
$625,000
Sold Price
$625,000
Views
8
Current Estimated Value
$552,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,794
Avg. Annual Appreciation
-3.57%
Original Mortgage
$500,000
Outstanding Balance
$478,067
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,125

Purchase Details

Closed on
Dec 18, 2008
Sold by
Russian 416-418 East 117 Llc
Bought by
Gibbons Linda and Gibbons Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lancaster Johndavid $625,000 --
Gibbons Linda $425,000 --
Gibbons Linda $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancaster Johndavid $500,000
Previous Owner Gibbons Linda $3,795
Previous Owner Gibbons Linda $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2022 08/27/22 Sold $625,000 0.0% $811 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $625,000 -- $811 / 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
2025 $48 $136,279 $11,727 $124,552
2024 $48 $128,195 $11,727 $116,468
2023 $48 $125,146 $11,727 $113,419
2022 $47 $122,796 $11,727 $111,069
2021 $47 $117,501 $11,727 $105,774
2020 $48 $129,512 $11,727 $117,785
2019 $48 $129,434 $11,727 $117,707
2018 $49 $125,715 $11,727 $113,988
2017 $49 $120,006 $11,727 $108,279
2016 $50 $117,397 $11,727 $105,670
2015 $39 $91,593 $11,727 $79,866
2014 $39 $86,247 $11,727 $74,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10792240

Real Estate Board of New York (REBNY)

APN: 1710-1104