NOT LISTED FOR SALE
41 Beds
31 Baths
-- Sq Ft
1930 Built

Last Sold January 15, 2016

Last sale price $1,825,000

582 Days on Market

About This Home

As of January 2016

STATELY 31 UNIT CASTLE-LIKE BEAUTY ACROSS FROM THE COLUMBUS PARK TENNIS COURTS. HUGE SPACIOUS APARTMENTS PROVIDE OWNER WITH LOW VACANCY RATE. LOW TAXES AND EXPENSES WITH GREAT GROSS INCOME. ONE OF THE NICEST BUILDINGS IN AREA. GREAT MECHANICALS. PLENTY OF NATURAL WOODWORK IN REMODELED APARTMENTS. A NATURAL FOR A CONDO CONVERSION. NEW BOILER AND HOT WATER TANK. SAME OWNER FOR 149 N MASON NOW ON MARKET

Last Agent to Sell the Property

Louis A. Virgilio

American Realty Services, Inc. License #471004630 Listed on: 06/11/2014

Last Buyer's Agent

Ian Feinerman

@properties Commercial License #475124617

@properties Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Community Details

  • Fuel Expense $34,079
  • Insurance Expense $9,002

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2014
  • Net Oper Income: 210891
  • Repairs Decor Expense: 8200
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 4424
  • Total Annual Exp: 99369
  • Total Annual Income: 310260
  • Total Monthly Income: 25855
  • Number of Ranges: 31
  • Number Of Refrigs: 31
  • Number Of Stories: 3
  • Estimated Year Built: 1930
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone

Utilities

  • Heatventilation: Gas, Steam
  • Water Expense: 18764

Condo/Co-op/Association

  • Units in Building: 31

Fee Information

  • Electricity Expense: 1462

Lot Info

  • Lot Dimensions: 100X150 APPROX
  • Parcel Identification Number: 16172000210000

Rental Info

  • Gross Rental Income: 310260
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 34079
  • Gross Rent Multiplier: 7
  • Insurance Expense: 9002

Tax Info

  • Taxes: 23438

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $1,825,000 -8.3% --
01/14/2016 01/14/16 Pending -- -- --
06/11/2014 06/11/14 For Sale $1,990,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08641469

Midwest Real Estate Data (MRED)