NOT LISTED FOR SALE
7 Beds
4.5 Baths
4,800 Sq Ft
1900 Built

Last Sold April 04, 2023

Last sale price $2,310,000 $481 Per Sq Ft

127 Days on Market

Highlights

  • Pre War Building
  • Central Air
  • Laundry Facilities
  • Intercom

About This Home

As of April 2023

512 East 119th Street is a turnkey FOUR-FAMILY building that is fully occupied by wonderful tenants, with leases in place through the summer of 2023 or the summer of 2024. The building itself boasts an on-site laundry room, as well as three storage spaces available for rent by tenants. There is a wonderful longtime Super in place, who cares for the building multiple days per week.

All four floor through apartments are incredibly spacious and could be converted into two or even three bedrooms, given their large footprints. All units include an open, renovated kitchen with full size appliances, a dishwasher, gas range, and plenty of counter space. Each unit has recessed lighting that can be dimmed, high ceilings measured at 9 foot 3 inches, hardwood floors and multiple closets. All units boast central A/C and have dual North & South exposure which allows for wonderful natural light throughout the day.

The entire building has been renovated and upgraded recently, and features a new roof and facade, new energy efficient windows, new front door, a fire safety system, and a new remote access security camera system.

The East River Plaza, with Target, Planet Fitness, Starbucks and Costco, is just two blocks away. For food lovers, Patsy's Pizzeria is just down the block, and there are plenty of hot spots nearby such as Santiago Beer Garden, Love Caf and Rao's. The 116th Street crosstown bus is very convenient for transportation and the 4,5,6 subway station is located at 116th and Lexington Ave.

Here are details for each apartment in the building:

Apartment #1 is a spacious 1,172 square foot duplex with private outdoor space. The main floor features three bedrooms, an open-concept kitchen and living room with room for a dining table, and a full bathroom. The beautifully renovated backyard can be reached through the sliding glass doors off the living room. The lower level has a large rec room and houses the in-unit washer dryer and a half bathroom along with plenty of closet space.

Apartment #2 is just one flight up and is currently configured as a large one-bedroom plus home office with one bathroom. The space is approximately 914 SF and features an open-concept kitchen and living area. There is plenty of space for a dining table or additional desk as well. Kindly note that the photos shown for this apartment are actually of Unit #3. They are very similar in detail and have the same kitchen and bathroom finishes.

Apartment #3 is two flights up and is currently configured as a two-bedroom plus home office with one bathroom. This unit is approximately 923 SF and like the other units, it features an open-concept kitchen and living area. This unit is bright and light and feels very open and spacious.

Apartment #4 is three flights up and the top floor unit. It is configured as an airy one-bedroom plus home office with one bathroom this unit is approximately 925 SF. The primary bedroom in this unit is incredibly spacious and easily fits a king size bed.

The CAP RATE here is approximately 5%.

Last Agent to Sell the Property

Alison Schubert

Cooper & Cooper Real Estate LLC License #10401264225 Listed on: 10/01/2022

Co-Listed By

Courtney Hopper

Cooper & Cooper Real Estate LLC License #10301208998

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Home Design

  • Pre War Building

Interior Spaces

  • 4,800 Sq Ft Home
  • 4-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Lot Dimensions are 20.0 x 100.92
  • Central Air

Community Details

  • East Harlem Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 45 / 1815

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Cross Street: Pleasant Avenue/FDR Drive
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Harlem
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 4800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 11

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 7

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Fee Information

  • Annual Water Sewer Expense: 2304.0

Lot Info

  • Lot Size Dimensions: 20.0 x 100.92

Building Info

  • Total Stories: 4
  • Year Built: 1900

Tax Info

  • Tax Block: 1815
  • Tax Lot: 45

Range of Values:

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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 Change Sq Ft Price
04/04/2023 04/04/23 Sold $2,310,000 -3.5% $481 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $2,395,000 -11.1% $499 / Sq Ft
10/03/2022 10/03/22 For Sale $2,695,000 -- $561 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10839812

Real Estate Board of New York (REBNY)