Debby Klein
Bond New York Properties LLC
(866) 688-0901
10 Total Sales
1 in Sugar Hill
$338,000 Price
NEW PRICE ADJUSTMENT
Hamilton Heights is Hot and so is this convertible 4-family (NOT an SRO) opportunity.
The existing configuration is as a follows: 2 floor-through apartment, 1 owner duplex on the parlor floor and 1 studio on the ground floor - which can be modified very easily to a full owner's floor-thru duplex while collecting rent from the upper 2 floor-thru apartments. They are in excellent condition since the building was full renovated in 1996.
All leases are month-to-month so the new proud owner has maximum flexibility and ease of execution of any future plans for the building.
Taxes are remarkable low at just $6,050. The mechanicals were converted to gas and a new ConEd main electrical feed was installed in 2017, in addition to new windows. So that any plans to update the building will not involve major updates to the mechanicals, windows nor the electricity, greatly lower the overall renovation cost.
Transportation (half-a-block to subway):
Hamilton Heights, considered one of the faster going neighborhood hub for its easy access by subways (1, A, B, C, D) and Highways (Westside Hwy, Harlem River Dr., Deegan Exp. and Riverside drive), great housing stocks at reasonable price. It is situated just above the Upper Westside and located in the heart of Columbia mega expansion program.
Detail Description:
Residential Units: 4 Units
Each unit is independently metered for gas and electric.
Below Grade (Cellar): Floor-Through (Mechanicals) very high legal ceiling that can be recovered and add to total building square foot
Above Grade (Garden Level): Studio apartment (with rear access to Garden) and back-end of parlor floor duplex with garden access and full-bathroom and bedroom.
Second Floor (Parlor Level): Upper-level of duplex 2 bedroom, Kitchen, 1 and 1/2 Bathroom
Third Floor: 2 Bedrooms, Floor-Through, Kitchen, Bathroom
Fourth Floor: 2 Bedrooms, Floor-Through, Kitchen, 2 Bathroom and roof deck accessible from within apartment
Building Foot Print: 14.33ft X 53.00ft Plus (759sf of extension)
Building Class: C3 (Four Families)
Backyard Garden Space: 660sf
Property Tax: $6,050
The existing structure is 3,000 sq ft but zoning allows for 4,296 sq ft. an additional 1,296 sq ft.
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Get more insight on this property and neighborhood
Debby Klein
Bond New York Properties LLC
(866) 688-0901
10 Total Sales
1 in Sugar Hill
$338,000 Price
Liesel Cadet
EXP Realty NYC
(656) 216-3339
34 Total Sales
4 in Sugar Hill
$405K - $625K Price Range
Vincent Koo
EXP Realty
(929) 552-9370
94 Total Sales
1 in Sugar Hill
$680,000 Price
Melissa Vance
Sothebys International Realty
(844) 372-0815
32 Total Sales
2 in Sugar Hill
$315K - $700K Price Range
Matthew Bank
Bank Neary Inc
(929) 552-3635
92 Total Sales
1 in Sugar Hill
$370,000 Price
Hank Orenstein
Corcoran Group
(888) 304-8901
31 Total Sales
2 in Sugar Hill
$400,000 Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,751,000 | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $280,000 | ||
| Closed | Elliott Andrew D. Elliott | $403,000 | |
| Closed | Elliot Andrew | $86,057 | |
| Open | Elliott Andrew | $1,488,350 | |
| Previous Owner | Salisbury Fran | $9,500 | |
| Previous Owner | Salisbury Fran | $825,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Off Market | $1,850,000 | -- | -- |
| 11/05/2019 11/05/19 | Sold | $1,850,000 | 0.0% | $609 / Sq Ft |
| 05/27/2019 05/27/19 | Pending | -- | -- | -- |
| 04/17/2019 04/17/19 | For Sale | $1,850,000 | -- | $609 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,500 | $73,436 | $32,677 | $40,759 |
| 2025 | $7,872 | $67,999 | $31,885 | $36,114 |
| 2024 | $7,872 | $62,962 | $125,550 | $31,481 |
| 2023 | $7,724 | $62,962 | $37,777 | $25,185 |
| 2022 | $7,464 | $226,800 | $125,550 | $101,250 |
| 2021 | $6,930 | $224,100 | $125,550 | $98,550 |
| 2020 | $6,524 | $241,200 | $125,550 | $115,650 |
| 2019 | $6,108 | $247,950 | $125,550 | $122,400 |
| 2018 | $6,160 | $48,432 | $25,447 | $22,985 |
| 2017 | $5,969 | $46,929 | $26,239 | $20,690 |
| 2016 | $5,602 | $43,453 | $26,762 | $16,691 |
| 2015 | $3,637 | $40,236 | $27,856 | $12,380 |
| 2014 | $3,637 | $37,256 | $30,936 | $6,320 |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10569149
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