Seller's Agent in 2018
Cody Parker Hellberg
Stephen P Wald Real Estate Associates Inc
(212) 729-4703
2 in this area
25 Total Sales
Estimated Value: $11,109,915
Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale of 223 East 89th Street, which is an Upper East Side walk-up building comprised of 20 residential units. Located within mile of the new Q subway line and mile from the 4,5,6 on a lovely tree-lined street. This is the first time the property is being offered for sale in nearly 50 years.
Renovated studios in this neighborhood rent for an estimated average of $2,200 and renovated one-bedrooms rent for an estimated average of $2,800. There is also additional upside for combinations. The rent roll is substantially below market on all free market apartments. This property represents excellent upside potential.
Last Agent to Sell the Property
Stephen P Wald Real Estate Associates Inc License #10301208505 Listed on: 08/09/2017
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potr 223 East 89Th Street Llc | $11,950,000 | -- | |
| Jam223e89 Investor Llc | $8,100,000 | -- | |
| Surrey Lewis D As | -- | -- | |
| Surrey Lewis D As | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jam223e89 Investor Llc | $5,294,947 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2018 03/19/18 | Sold | $8,100,000 | 0.0% | $774 / Sq Ft |
| 11/12/2017 11/12/17 | Pending | -- | -- | -- |
| 08/09/2017 08/09/17 | For Sale | $8,100,000 | -- | $774 / Sq Ft |
| 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 | $179,117 | $1,593,530 | $141,300 | $1,452,230 |
| 2024 | $179,117 | $1,432,710 | $141,300 | $1,291,410 |
| 2023 | $157,357 | $1,282,770 | $141,300 | $1,141,470 |
| 2022 | $143,583 | $1,354,500 | $141,300 | $1,213,200 |
| 2021 | $136,348 | $1,115,100 | $141,300 | $973,800 |
| 2020 | $133,462 | $1,196,550 | $141,300 | $1,055,250 |
| 2019 | $128,731 | $1,156,950 | $141,300 | $1,015,650 |
| 2017 | $115,571 | $1,009,800 | $141,300 | $868,500 |
| 2016 | $113,058 | $907,650 | $141,300 | $766,350 |
| 2015 | $51,484 | $1,024,200 | $141,300 | $882,900 |
| 2014 | $51,484 | $870,300 | $141,300 | $729,000 |
Seller's Agent in 2018
Cody Parker Hellberg
Stephen P Wald Real Estate Associates Inc
(212) 729-4703
2 in this area
25 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10100189
APN: 1535-0015
Ask me questions while you tour the home.