417 East 118th Street, Unit 3 Family

East Harlem

$2,298,000
Price
6
Beds
4
Baths
1
1/2 Bath
4,050 Sq. Ft.
$567 / Sq. Ft.
4,050
Sq. Ft.
$567
per Sq. Ft.

Description

This three family townhouse was constructed to the high standards, it was completely rehabilitated recently and features condo quality finishes including three Jacuzzi's and infra red light and heating in the bathrooms.



The first floor - is approx 1,000 sqft one bedroom, one bath garden apartment with access to the basement, and a backyard.
The second floor - is aprox 1,000+ sqft one bedroom, one bath.
The third and fourth floors - are a fantastic PH Duplex with three bedroom, 2.5 bath.



kitchens -
...This three family townhouse was constructed to the high standards, it was completely rehabilitated recently and features condo quality finishes including three Jacuzzi's and infra red light and heating in the bathrooms.



The first floor - is approx 1,000 sqft one bedroom, one bath garden apartment with access to the basement, and a backyard.
The second floor - is aprox 1,000+ sqft one bedroom, one bath.
The third and fourth floors - are a fantastic PH Duplex with three bedroom, 2.5 bath.



kitchens - Fully equipped with a maple kitchen cabinetry, a granite island and counter tops, high end stainless steel appliances including large refrigerators, gas oven, microwave, and dishwasher.



Bathrooms - Feature Jacuzzi bath tubs, maple vanity with granite counters, Italian stone tiles, and private washer/dryer.



Floors - Bamboo floors.



AC/heat - Split units.



Each apartment has amazing exposed brick walls and each unit has a separate gas and electric meter, and individual boiler.



The East River Plaza (Target, Costco, Marshall's, etc.) are just around the corner.



Call us today to see this fantastic home/investment property.



The property will be delivered vacant.



Projected Rent Roll:
1 - $2,750 (Option to combine with basement)
2 - $2,750
PH Duplex - $4,500
Combine basement rec room (optional) - $1,000
Gross Monthly Operating Income - $11,000



Monthly Operating Expenses:
Repairs and Maintenance - $250.00
Real Estate Taxes - $450.00
Property Insurance - $125.00
Utilities - Gas & Water - $100.00
Monthly Operating Expenses - $925.00



Net Operating Income (NOI):
Total Annual Operating Income - $132,000.00
Total Annual Operating Expense - $11,100.00
Annual Net Operating Expense - $120,900.00



Capitalization Rate and Valuation:
Approximate Capitalization Rate - 5.26%
Purchase Price - $2,298,000

Listing Agents

  1. Ellie Wald

    Ellie Wald

    Listing Agent

    Compass

    ewald@compass.com

    P: 646.623.3424

  2. The Wald Team

    The Wald Team

    Listing Agent

    Compass

    waldteam@compass.com

    P: 646.593.8743

Amenities

  • Common Roof Deck
  • Common Garden
  • Common Outdoor Space
  • Walk Up
  • Northern Exposure
  • Southern Exposure
  • Voice Intercom
  • Lowrise

Location

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LISTING UPDATED: 05/15/2020 08:36 AM

Property Details for 417 East 118th Street, Unit 3 Family

StatusExclusive Expired
Days on Market149
Taxes$450 / month
Maintenance-
Min. Down Pymt10%
Total Rooms12.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1901
Lot Size1,682 SF / 17' x 101'
CountyNew York County

Building

417 E 118th St

1 Units3 StoriesBuilt in 1901

Location

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Building Information for 417 East 118th Street, Unit 3 Family

Stories3Year Built1901Building Size16.67' x 65'Building Sq. Ft3,250.65 SFLot Size1,682 SF / 17' x 101'Building AgePre-warBuilding TypeTownhouseSenior Community-

Payment Calculator

$14,559 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,109

Property Taxes

$450

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 417 East 118th Street, Unit 3 Family

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 417 East 118th Street, Unit 3 Family

This home is within New York City Geographic District # 4.
Rating
School
Type
Grades
Distance
Public - 3 to 8
Public - 9 to 12
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. Ms 206 Jose Celso Barbosa
Public3 to 8

Coalition School For Social Change
Public9 to 12

Isaac Newton Ms For Math And Science
Public6 to 8

Global Technology Preparatory
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.