NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,029,000

2 Beds
2 Baths
-- Sq Ft
10,542 Sq Ft Lot

Sale Details

Date Sold: July 2, 2019

Last sale price $1,125,000

Est. 15% decrease in value since last sale

Current estimated payment $5,953 / mo

Highlights

  • Pre War Building
  • 4-minute walk to 116 Street (2,3 Line)
  • 2-minute walk to A. Philip Randolph Square

About This Home

As of July 2021

Excellent Value! Corner Apartment in a beautiful Elevator building!
Welcome to this spacious, south- east facing 2 bedroom 2 bath condo at the coveted Morellino building.
The unit features a Chefs island kitchen with Liebherr and Bosch appliances, & custom Italian design cabinetry. The living room consists of red oak flooring, arched windows and bay windows with marble sills, along with exposed original brick and custom base boards. The bathroom contains Kohler fixtures and bath ware, and floating vanity Jerusalem imported stone tiles. Some additional features include Central A/C & Heating, Washer Dryer in the unit and High speed internet and cable ready.

159 West 118th Street (The Morellino) is a pre-war condominium conversion consisting of 35 residential units, 20 storage units, & 5 retail units connected to the building. The property includes a fitness center, common outdoor rooftop, children's playroom, a virtual doorman system, and a reception area/lobby.The property is conveniently located in South-West Harlem by a number of public transportation options. The property is situated a block from both the B-C and the 2-3 subway stations, with express service to Midtown and Lower Manhattan. Furthermore, the property is within a brief walk to the major commercial/retail corridor on 125th Street and Columbia University.

Last Agent to Rent the Property

Whitney Osentoski

Brown Harris Stevens Residential Sales LLC License #40OS1071061 Listed on: 05/26/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Ashley Jeudy

Brown Harris Stevens Residential Sales LLC License #10401316744

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2011

Lot Details

  • 10,542

Home Design

  • Pre War Building
  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Community Details

  • 35 Units
  • The Morellino Condos
  • Harlem Subdivision
  • 6-Story Property

Listing and Financial Details

  • Property Available on 7/1/21
  • Tax Block 01903

Condo Details

Home Type

Condominium

Year Built

Built in 2011

Lot Details

10,542 Sq Ft Lot

Rental Info

  • Available Date: 2021-07-01

Listing Details

  • Cross Street: LENOX AVENUE and ADAM CLAYTON POWELL JR BOULEVARD
  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Harlem
  • Architectural Style: Prewar
  • Entry Level: 4
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Dryer, Washer Dryer Allowed, Washer

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: THE MORELLINO
  • Units: 35
  • Total Stories: 6
  • Year Built: 2011

Tax Info

  • Tax Block: 01903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jul 2, 2019
Sold by
Riana Investments Llc
Bought by
Brahmanandam Vikram and Ravella Shilpa
Seller's Agent
Elena Smirnova
POWERED BY DMT LLC
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$954,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,210
Avg. Annual Appreciation
-2.40%
Original Mortgage
$848,000
Outstanding Balance
$745,651
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,139

Purchase Details

Closed on
Mar 29, 2012
Sold by
Gaia 118Th Street Llc
Bought by
Riana Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brahmanandam Vikram $1,060,000 --
Riana Investments Llc $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahmanandam Vikram $848,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Rented -- -- --
06/27/2021 06/27/21 Under Contract -- -- --
05/26/2021 05/26/21 For Rent $3,595 0.0% --
07/02/2019 07/02/19 Sold $1,125,000 -4.3% $1,018 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
01/30/2019 01/30/19 Sold $1,175,000 +4.4% $1,063 / Sq Ft View Prior Sale
01/30/2019 01/30/19 For Sale $1,125,000 -4.3% $1,018 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $1,175,000 -- $1,063 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $9,734 $82,503 $7,690 $74,813
2024 $9,734 $77,859 $7,690 $70,169
2023 $10,613 $86,520 $7,690 $78,830
2022 $8,381 $94,963 $7,690 $87,273
2021 $11,117 $93,342 $7,690 $85,652
2020 $8,823 $105,016 $7,690 $97,326
2019 $9,899 $101,788 $7,690 $94,098
2018 $9,500 $98,065 $7,690 $90,375
2017 $10,134 $86,531 $7,690 $78,841
2016 $8,980 $82,316 $7,690 $74,626
2015 $462 $68,738 $7,691 $61,047
2014 $462 $64,578 $7,690 $56,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10721692

Real Estate Board of New York (REBNY)

APN: 1903-1321

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