NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,640,000

10 Beds
5 Baths
3,480 Sq Ft
$401/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,750,000 $503 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $8,272/month

2,961 Days on Market

Highlights

  • Rooftop Deck
  • Central Air
  • 1-minute walk to Highbridge Field House
  • Pre War Building
  • Gas Fireplace

About This Home

As of April 2023

THE BEST INVESTMENT PROPERTY IN WASHINGTON HEIGHTS with a 6.1% CAP RATE!

One can enjoy this GUT RENOVATED INCOME PRODUCING 3480 SF +/- TURN KEY 10 bedroom, 3 full bathrooms, 2 half bathrooms with 2 GAS FIREPLACES as a WHOLE TOWNHOUSE plus a 720SF +/- PRIVATE BACKYARD full of serenity and tranquility and a 200SF +/- FRONT YARD for a lovely small garden or sitting area with a possibility to add a PRIVATE ROOF DECK on the flat roof, adding another 855 SF +/- of untapped OUTDOOR SPACE potential.

OR use the top 2 of the 4 floors as a 7 BEDROOM 2.5 BATH DUPLEX with 2 GAS FIREPLACES, a WASHER DRYER and add a ROOF DECK and rent out the other Duplex that has 3 bedrooms, 1.5 baths with WASHER DRYER and PRIVATE BACKYARD or vice versa if you prefer to have the ENORMOUS PRIVATE YARD or even rent it out as two individual duplexes!

OR how about convert this back to the original layout and have an immense 3480SF +/- 5 bedroom, 3 full bathrooms, 2 half bathrooms spread out over the 4 story townhouse with PRIVATE BACK YARD, FRONT YARD GARDEN and ADD a new ROOF DECK! The possibilities are endless!

The owners have spared no expense with this renovation and conversion! RENOVATED DOWN TO THE STUDS, finished elegantly and tastefully plus ALL BUILDING SYSTEMS ARE BRAND NEW FROM 2019, ENERGY EFFICIENT and STATE OF THE ART! New BOILER, ELECTRIC PANELS, PLUMBING within the walls, HVAC SYSTEMS, NEW WINDOWS and UPGRADED ROOF too makes this the PERFECT INVESTMENT knowing that there will be NO NEED FOR ANY MAJOR EXPENSES in the near future!

This is your chance to live in a BRAND NEW GUT RENOVATED TOWNHOUSE. This one has it all and more! What else can you ask for? SLEEK NEW BATHROOMS with DOUBLE SINKS and SKYLIGHTS, MODERN KITCHENS with BLACK STAINLESS STEEL APPLIANCES including DISHWASHER, WATERFALL CAESARSTONE COUNTERS and MOSAIC BACKSPLASHES and two GAS FIREPLACES and DUCTLESS AIR CONDITIONING round this house out to be the perfect space for all. There's even WASHERS and DRYERS on every other floor for your convenience so you don't have to run up and down the stairs inside your huge 3 story townhouse!

LOCATION, LOCATION, LOCATION this is the vibrant Washington Heights HALF A BLOCK FROM the FAMED HIGHBRIDGE PARK with a POOL! Neighborhood has so much to offer with local mom and pop shops, fruit and vegetable stands as well as Duane Reade, Starbucks, Dunkin Donuts to name a few and the George Washington Bridge Bus Terminal with 12,000SF of retail heaven. There is South Beach Resto and Lounge as well as United Palace and many local haunts for your nightlife and entertainment needs as well as the Armory Track.

This is in RETAIL and TRANSPORTATION HEAVEN! Steps to Broadway, 1 and A, C as well as the M3, M4, M5, M98, M100, Bx3, Bx11, Bx13, Bx35, Bx36, a few short blocks to the George Washington Bridge hence the George Washington Bridge Bus Terminal for your in and out of state travels, the I-95 and almost equal distance between the Harlem River Drive and the West Side Highway.

Nearby schools are JHS 143, Yeshiva University, Columbia University School of Nursing and Columbia University Mailman School of Public Health. Also in this great and vibrant neighborhood is the New York Presbyterian/Columbia University Hospital.

Contact me today for more detailed pictures and videos of your new home!

Please note that the house is fully rented and occupied so there are no open houses. Rent roll and expenses upon demand.

Last Agent to Sell the Property

Angel Montreuil

R New York License #40le1165492 Listed on: 04/28/2023

R New York

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,063

Year Built

  • Built in 1901

Lot Details

  • 1,699

Home Design

  • Pre War Building

Interior Spaces

  • 3,480 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms

Additional Features

  • Lot Dimensions are 18.0 x 94.67
  • Central Air

Community Details

  • Washington Heights Subdivision
  • Rooftop Deck

Listing and Financial Details

  • Legal Lot and Block 136 / 2131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,063

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: Audubon Avenue/Audubon Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Washington Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 3480.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bathrooms Integer: 3
  • Bedrooms: 10

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Rooftop

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Building Cooling, Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 18.0 x 94.67

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 2131
  • Tax Lot: 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Mar 27, 2023
Sold by
528W175 Llc
Bought by
528 W 175Th Street Llc
Seller's Agent
Angel Montreuil
R New York
List Price
$1,750,000
Sold Price
$1,750,000
Views
2
Current Estimated Value
$1,410,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,951
Avg. Annual Appreciation
-8.09%
Original Mortgage
$1,279,900
Outstanding Balance
$1,245,236
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,522

Purchase Details

Closed on
Jan 3, 2018
Sold by
Heinz Rosetta
Bought by
528W175 Llc

Purchase Details

Closed on
Jun 27, 2011
Sold by
Butler Rosemary and Heinz Rosetta
Bought by
Heinz Rosetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.49%
Mortgage Type
Commercial
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
528 W 175Th Street Llc $1,600,000 --
528W175 Llc $998,500 --
Heinz Rosetta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 528 W 175Th Street Llc $1,279,900
Previous Owner 528W175 Llc $650,000
Previous Owner 528W175 Llc $250,000
Previous Owner 528W175 Llc $300,000
Previous Owner Heinz Rosetta $825,000
Previous Owner Butler Rosemary $329,875
Previous Owner Butler Rosemary $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,750,000 0.0% $503 / Sq Ft
08/09/2022 08/09/22 Off Market $1,750,000 -- --
04/11/2022 04/11/22 Price Changed $1,750,000 0.0% $503 / Sq Ft
04/11/2022 04/11/22 For Sale $1,750,000 0.0% $503 / Sq Ft
07/09/2015 07/09/15 Off Market $1,750,000 -- --
03/20/2015 03/20/15 For Sale $1,750,000 -- $503 / 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 $7,063 $37,276 $11,984 $25,292
2024 $7,063 $35,167 $30,420 $23,071
2023 $6,738 $33,178 $10,755 $22,423
2022 $6,623 $76,800 $30,420 $46,380
2021 $6,929 $62,220 $30,420 $31,800
2020 $6,575 $67,140 $30,420 $36,720
2019 $6,131 $65,520 $30,420 $35,100
2018 $5,338 $27,648 $12,931 $14,717
2017 $5,336 $27,648 $12,991 $14,657
2016 $5,175 $27,439 $13,599 $13,840
2015 $2,926 $25,886 $14,446 $11,440
2014 $2,926 $24,422 $16,346 $8,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10844487

Real Estate Board of New York (REBNY)

APN: 2131-0136