NOT LISTED FOR SALE

Estimated Value: $2,274,000 - $2,406,634

6 Beds
4 Baths
3,975 Sq Ft
$590/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $2,405,000 $605 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,369/month

187 Days on Market

Highlights

  • 1-Story Property
  • 3-minute walk to 125 Street (2,3 Line)
  • 3-minute walk to Collyer Brothers Park

About This Home

As of May 2020

Live with income at 43 West 127th Street. This property is in the Opportunity Zone!This townhouse is a 18.75 foot wide beauty with a spacious homeowner's garden duplex and two renovated floor through rental units. The building has been meticulously maintained since it was built in 2000 with many interior renovations since that date. This townhouse has a yellow brick facade and a charming bow front window. Located on a lovely tree-lined block in Harlem, featuring renovated brownstones and a boutique condominium, this street exudes all that is special about the Central Harlem neighborhood. Entering the homeowner's duplex on the garden level, you are greeted by a large, open renovated kitchen and dining area. The kitchen has granite counter tops and high end appliances including a Wolf range and Sub Zero refrigerator. A large living area which was originally a bedroom has a full bath. From this room enter the serene landscaped garden. This north facing garden has flagstones, a water feature and is cool enough to use all summer thanks to the shade from neighboring large trees. A gas grill has a dedicated gas line making year round grilling easy. The homeowner also has access to a fully finished basement with high ceilings which houses, abundant storage, a large capacity washer and dryer along with a super spacious media room. The second floor of the duplex is currently configured as a two bedroom with a bath. It would be very easy to carve out a den/study area from the extra large master bedroom. For your comfort and convenience, the heat is controlled by a Nest system. The two rentals units are identical. They both feature two bedrooms/one bathroom and each have their own laundry room with washer/dryer. The kitchens and bath were recently renovated with new flooring throughout. These units both have tenants. This building has very low taxes. Only $7,354/year. It is located near the vibrant restaurant scene on Lenox Avenue and not far from the Whole Foods on 125th Street and Lenox Avenue. Transportation is excellent with the 2,3 subway line two blocks away, the M1 bus which runs up Madison and the M7 and M102 bus running in both directions on Lenox Avenue. This home will not only be convenient for you but easily attract quality tenants. Don't miss 43 West 127th Street a great home for an investor or anyone looking to live with income.

Last Agent to Sell the Property

Julia Boland

Corcoran Group License #30BO1121740 Listed on: 10/11/2019

Corcoran Group

Co-Listed By

Juestina Lu

Corcoran Group License #10401266039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,162

Year Built

  • Built in 2002

Lot Details

  • 1,873

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 1-Story Property
  • Lot Dimensions are 18.0 x 99.0

Community Details

  • 3 Units
  • Harlem Subdivision

Listing and Financial Details

  • Tax Block 1725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,162

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: Fifth & Lenox
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Harlem
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 99.0

Building Info

  • Units: 3
  • Total Stories: 1
  • Year Built: 2002

Tax Info

  • Tax Block: 1725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
May 7, 2020
Sold by
Dorizio Victor
Bought by
Rooftops Realty Inc
Seller's Agent
Julia Boland
Corcoran Group
List Price
$2,999,000
Sold Price
$2,405,000
Premium/Discount to List
-$594,000
-19.81%
Total Days on Market
187
Current Estimated Value
$2,343,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,091
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Dec 10, 2002
Sold by
Landmark Projects Iv Inc and Nyc Partnership Housing De Elopment
Bought by
Dorizio Victor

Purchase Details

Closed on
Apr 27, 1977
Sold by
Finance Admin City Ny
Bought by
City Of New York
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
Rooftops Realty Inc $2,405,000 --
Rooftops Realty Inc $2,405,000 --
Dorizio Victor $121,000 --
Dorizio Victor $121,000 --
City Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorizio Victor $150,000
Previous Owner Dorizio Victor $431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2020 05/11/20 Sold $2,405,000 -19.8% $605 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $2,999,000 -- $754 / 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 $11,162 $55,572 $44,340 $36,794
2023 $11,286 $55,572 $18,424 $37,148
2022 $11,010 $141,840 $44,340 $97,500
2021 $9,873 $151,080 $44,340 $106,740
2020 $8,552 $172,080 $44,340 $127,740
2019 $7,354 $133,440 $44,340 $89,100
2018 $6,491 $46,310 $13,794 $32,516
2017 $5,916 $45,961 $15,022 $30,939
2016 $4,959 $43,360 $15,022 $28,338
2015 $1,143 $40,906 $12,587 $28,319
2014 $1,143 $38,592 $10,273 $28,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10612913

Real Estate Board of New York (REBNY)

APN: 1725-0018