NOT LISTED FOR SALE

Estimated Value: $1,487,000 - $2,399,000

5 Beds
4 Baths
2,224 Sq Ft
$814/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $1,825,000 $821 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,476/month

226 Days on Market

About This Home

As of August 2019

South Harlem Gut Renovated two-family townhouse for under $2M! This cozy townhouse sits in an unbeatable location as a rarely found affordable road to ownership of a Manhattan townhouse! One thing that makes this the more affordable option is that you can live in your townhouse benefiting by strong income from the second apartment or keep the whole property purely for the income. Another aspect contributing to greater affordability are the unusually LOW annual taxes of $2,395! The house is configured as a garden tri-level two bedroom one and one half bath home with a lower level bonus recreation room through which you will find the access to your private backyard and the second unit is a third and fourth floor three bedroom two and one half bath duplex apartment. Throughout the property, you will find quality White Oak flooring, CeasarStone Countertops, Stainless Steel Appliances and Grohe fixtures. This Townhouse deal features a Keyless Entry with Video Intercom and Security System. Near to Central Park and the entire incredibly popular South Harlem restaurant scene, townhouse properties in SoHa which are fully renovated and under $2M like this one are rare and soon to completely vanish. It is possible that it can be Delivered Vacant or Producing Income with tenants in place.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1899

Lot Details

  • 784

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4-Story Property
  • Lot Dimensions are 54.0 x 14.0

Community Details

  • 2 Units
  • Harlem Subdivision

Listing and Financial Details

  • Tax Block 1718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,002

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Cross Street: Fifth Avenue & Lenox Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Harlem
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Rooms (Total): 10

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 54.0 x 14.0

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1899

Tax Info

  • Tax Block: 1718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Aug 19, 2019
Sold by
Rfp Harlem Llc
Bought by
Tattersall Clare and Teodorescu Radu
List Price
$1,945,000
Sold Price
$1,825,000
Premium/Discount to List
-$120,000
-6.17%
Current Estimated Value
$2,140,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,641
Avg. Annual Appreciation
-0.13%
Original Mortgage
$350,542
Outstanding Balance
$307,010
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,503,040

Purchase Details

Closed on
Jan 28, 2015
Sold by
Gordon Bruce and Gordon Edward
Bought by
Rfp Harlem Llc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Gordon Marguerite C
Bought by
Gordon James and Gordon Marguerite C

Purchase Details

Closed on
Mar 17, 1998
Sold by
Gordon Marguerite C and Gordon James Ogden
Bought by
Gordon Marguerite C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,750
Interest Rate
6.92%
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
Tattersall Clare $1,825,000 --
Tattersall Clare $1,825,000 --
Rfp Harlem Llc $994,000 --
Rfp Harlem Llc $994,000 --
Gordon James -- --
Gordon James -- --
Gordon Marguerite C -- Stewart Title Insurance Co
Gordon Marguerite C -- Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tattersall Clare $350,542
Closed Tattersall Clare $350,542
Previous Owner Gordon Marguerite C $113,750
Closed Gordon James $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $1,825,000 -6.2% $821 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $1,945,000 -- $875 / 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 $3,002 $15,840 $2,986 $12,854
2024 $3,002 $14,944 $20,640 $12,388
2023 $2,864 $14,100 $2,680 $11,420
2022 $2,815 $115,200 $20,640 $94,560
2021 $2,932 $122,640 $20,640 $102,000
2020 $2,794 $139,680 $20,640 $119,040
2019 $2,605 $131,460 $20,640 $110,820
2018 $2,395 $11,750 $2,444 $9,306
2017 $2,395 $11,750 $4,389 $7,361
2016 $1,700 $11,611 $3,685 $7,926
2015 $898 $11,000 $5,233 $5,767
2014 $898 $10,378 $5,926 $4,452
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10551503

Real Estate Board of New York (REBNY)

APN: 1718-0133