Seller's Agent in 2017
Ed Hardesty
Compass
(917) 749-9071
59 Total Sales
59 E 117th St New York, NY 10035
East Harlem NeighborhoodEstimated Value: $2,301,000 - $2,695,000
7
Beds
4
Baths
3,864
Sq Ft
$628/Sq Ft
Est. Value
Highlights
- Intercom
- 3-minute walk to 116 Street (4,6 Line)
- 3-minute walk to Eugene McCabe Field
- Building Patio
- Patio
About This Home
As of December 2017Fabulous opportunity to purchase a spacious 20?-wide, beautifully-designed 3-family townhouse with a finished basement AND a large grassy fenced yard in vibrant East Harlem! This one will not last and has so much to offer, with a great location near many attractions and conveniences, and LOW property taxes of $5,658 per year. You can?t beat the investment value either, with an owner?s triplex and 2 large rental apartments!
The expansive 3 bedroom 2.5 bath owner?s triplex is a dream home with plenty of room for living and entertaining. On the first floor is the sunny front-facing living room with hardwood floors, a powder room, multiple closets, plus a dining room and open kitchen that leads out to the lovely garden where you can barbecue with friends and enjoy the great outdoors! The 3 bedrooms on the 2nd floor include a roomy master with plentiful closet space and an en-suite bath. Bedrooms 2 & 3 also have generous closet space, including a walk-in. The finished basement is an amazing hideaway with a recreation/game room/office, a home gym, washer/dryer, mechanicals room and abundant storage. Some portion of the home must be owner-occupied for the next 12 years ? but who would want to leave! You can live in the triplex and rent the upper two apartments or reverse it and live in one of the two bedroom apartments and rent the other units for a higher return.
There is a separate entrance to levels 3 and 4 which are each 2 bedroom apartments with a living/dining room, open kitchen with breakfast bar, a full bath, walk-in and other closets. Both are free-market rental apartments and have excellent income potential.
Situated on East 117th Street between Park and Madison Avenues, 59 East 117th Street enjoys a prime address in East Harlem which has experienced tremendous development in recent years. Minutes from your door are diverse shops and restaurants, Whole Foods Market, Target, Marcus Garvey Park, The Jazz Museum in Harlem, Museum of the City of New York, El Museo del Barrio, Metro North and the subway!
Home Details
Home Type
- Single Family
Year Built
- Built in 2002
Lot Details
- 2,134
Interior Spaces
- 3,864 Sq Ft Home
- 4-Story Property
- Intercom
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Additional Features
- Patio
- Lot Dimensions are 33.0 x 100.0
Community Details
- East Harlem Subdivision
- Building Patio
Listing and Financial Details
- Legal Lot and Block 29 / 1623
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2017
Closed on
Dec 22, 2017
Sold by
Berry Michael A
Bought by
Harrits Dana and Harrits Robert
Seller's Agent
Ed Hardesty
Compass
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,567
Avg. Annual Appreciation
0.67%
Original Mortgage
$1,840,000
Interest Rate
4.32%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 14, 2003
Sold by
Nyc Partnership Housing Development
Bought by
Berry Michael A
Purchase Details
Closed on
Apr 27, 1977
Sold by
Finance Admin City Ny
Bought by
City Of New York
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harrits Dana | $2,300,000 | -- | |
| Harrits Dana | $2,300,000 | -- | |
| Berry Michael A | $130,500 | -- | |
| Berry Michael A | $130,500 | -- | |
| City Of New York | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Harrits Dana | $1,840,000 | |
| Previous Owner | City Of New York | $6,678,366 | |
| Previous Owner | City Of New York | $405,000 | |
| Previous Owner | City Of New York | $594,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/28/2017 12/28/17 | Sold | $2,300,000 | 0.0% | $595 / Sq Ft |
| 11/28/2017 11/28/17 | Pending | -- | -- | -- |
| 09/28/2017 09/28/17 | For Sale | $2,300,000 | -- | $595 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $14,993 | $79,128 | $27,804 | $51,324 |
| 2024 | $14,993 | $74,650 | $49,440 | $46,588 |
| 2023 | $15,161 | $74,650 | $23,460 | $51,190 |
| 2022 | $13,749 | $166,860 | $49,440 | $117,420 |
| 2021 | $12,703 | $155,400 | $49,440 | $105,960 |
| 2020 | $10,940 | $177,000 | $49,440 | $127,560 |
| 2019 | $9,683 | $137,280 | $49,440 | $87,840 |
| 2017 | $7,592 | $61,739 | $23,358 | $38,381 |
| 2016 | $6,309 | $58,245 | $22,337 | $35,908 |
| 2015 | $1,902 | $54,950 | $19,042 | $35,908 |
| 2014 | $1,902 | $51,840 | $15,932 | $35,908 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Hardesty
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10057754
APN: 1623-0029
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