Overview

$110,000

20% Min Down

424 E 115th Street #4A

424 East 115th Street, New York, NY 10029

Co-Op in East Harlem

Studio | 1 Bath | 200 ft² | $550/ft² | 11.17% Cap Rate

Listed Jul 16th, 2021 (68 days)
This micro-studio HDFC coop is located in the heart of East Harlem and has great potential. This 4th-floor walkup offers park-street views and XL windows which open up the space allowing a ton of natural sunlight. The 9' ceilings also offer plenty of options for tall cabinets, shelves, or overhead storage. Imagine this, OWNING an apartment in NYC for less than $750/mo; all utilities included. Walking distance to The East River Plaza, Target, Patsy's Pizza, The Thomas Jefferson Park, Randall's Island, the River Promenade, and more. Easily accessible to M15/102/116 buses OR Q/6 trains as well as the Metro-North on 125th St. Gross income not to exceed $131,340; CASH ONLY! NO SUBLEASING ALLOWED!

The manager has listed the unit size as 200 square feet.

Features & Amenities

Unit Amenities

  • Oven
  • Refrigerator
  • Window Unit(S) A/C
  • Hot Water
  • Other
  • Garage
  • On Street
  • Floor Coverings: Hardwood

Building Amenities

  • Oven
  • Refrigerator
  • Basement
  • Window Unit(S) A/C
  • Hot Water
  • Other
  • Garage
  • On Street

Building Policies

    Learn more about 424 East 115th Street, New York, NY 10029

    Listed By

    Jamal Hadi Profile Picture
    Jamal Hadi

    Keller Williams Realty NYC Grp

    7186976800

    History

    Date Event Price
    Jul 16, 2021 Listed $110,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-07-16', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$110,000', 'orig_value' => NULL, 'listing_id' => '15255802', 'unit' => '4A', 'building_id' => NULL, 'street_address' => '424 E 115th Street', 'citystate' => 'New York, NY', 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '200', 'pretty_url' => 'https://www.realtyhop.com/building/424-e-115th-street-new-york-ny/4a/15255802', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))
    Jun 1, 2019 Off Market -
    ListingHistoryRow::__set_state(array( 'event_date' => '2019-06-01', 'event_type' => 'Status Change', 'event_source' => NULL, 'event_value' => 'Off Market', 'orig_value' => NULL, 'listing_id' => '4437003', 'unit' => '4A', 'building_id' => NULL, 'street_address' => '424 E 115th Street, #4A', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', 'pretty_url' => 'https://www.realtyhop.com/building/424-e-115th-street-4a/4a/4437003', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( 0 => array ( 'id' => '4437003', 'listing_id' => '4437003', 'created' => '2019-06-01 06:21:21', 'value_date' => '2019-06-01 06:21:21', 'key' => 'listing_status', 'orig_value' => '2', 'new_value' => '3', 'unit' => '4A', 'street_address' => '424 E 115th Street, #4A', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Mar 27, 2019 Price Drop by -$5,000 (-4.2%) $115,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2019-03-27', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$115,000', 'orig_value' => '120000', 'listing_id' => '4437003', 'unit' => '4A', 'building_id' => NULL, 'street_address' => '424 E 115th Street, #4A', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', 'pretty_url' => 'https://www.realtyhop.com/building/424-e-115th-street-4a/4a/4437003', 'diff_amount' => '-$5,000', 'diff_pct' => -4.1666666666666625, 'orig_diff_rows' => array ( 0 => array ( 'id' => '4437003', 'listing_id' => '4437003', 'created' => '2019-03-27 04:20:30', 'value_date' => '2019-03-27 04:20:30', 'key' => 'price', 'orig_value' => '120000', 'new_value' => '115000', 'unit' => '4A', 'street_address' => '424 E 115th Street, #4A', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Jan 10, 2019 Price Drop by -$5,000 (-4.0%) $120,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2019-01-10', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$120,000', 'orig_value' => '125000', 'listing_id' => '4437003', 'unit' => '4A', 'building_id' => NULL, 'street_address' => '424 E 115th Street, #4A', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', 'pretty_url' => 'https://www.realtyhop.com/building/424-e-115th-street-4a/4a/4437003', 'diff_amount' => '-$5,000', 'diff_pct' => -4.0000000000000036, 'orig_diff_rows' => array ( 0 => array ( 'id' => '4437003', 'listing_id' => '4437003', 'created' => '2019-01-10 09:40:15', 'value_date' => '2019-01-10 09:40:15', 'key' => 'price', 'orig_value' => '125000', 'new_value' => '120000', 'unit' => '4A', 'street_address' => '424 E 115th Street, #4A', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '1', 'square_feet' => '350', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))

    Property Analysis

    Price Estimate

    $111,100

    HopScore Market Price

    $110,000

    Current Asking Price

    +$1,100

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $12,288
    /

    Purchase Price

    $110,000
    =

    Cap Rate

    11.17%
    **

    * Actual income may vary between $1,400 and $2,100 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 424 E 115th Street

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 424 E 115th Street

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    Building at 424 East 115th Street, New York, NY 10029

    424 East 115th Street

    424 East 115th Street, New York, NY 10029

    Built in 1910 | 15 Units | 4 Stories

    Want to find out who owns 424 East 115th Street, New York, NY 10029? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

    $110,000

    Median Asking

    18.18%

    Below Asking

    $350

    Sale Price/ft²

    157

    Days on Market

    Transportation

    6

    at 116th St 0.43 mi | 10 min walk

    4

    5

    6

    at 125th St 0.65 mi | 16 min walk

    2

    3

    at 110th St-Central Park North 0.93 mi | 23 min walk

    N

    Q

    T

    at 96th St 0.98 mi | 24 min walk

    Schools

    School Type Grades Distance
    Ps 112 Jose Celso Barbosa Elementary PK to 2 0.27 mi
    Ps 206 Jose Celso Barbosa Middle School 3 to 8 0.29 mi
    Esperanza Preparatory Academy High School 6 to 12 0.37 mi
    Eagle Academy for Young Men of Harlem Secondary School 6 to 11 1.69 mi
    Tag Young Scholars Elementary KG to 8 0.37 mi
    River East Elementary Elementary PK to 5 0.31 mi
    Vanguard High School High School 9 to 12 2.41 mi
    Eleanor Roosevelt High School High School 9 to 12 1.95 mi
    Urban Assembly School for Applied Math and Science (the) High School 6 to 12 3.54 mi
    Ps 3 Raul Julia Micro Society Elementary PK to 8 4.44 mi
    Anderson School (the) Elementary KG to 8 2.44 mi
    Hamilton Heights School Elementary KG to 5 2.27 mi
    Thurgood Marshall Academy Lower School Elementary KG to 5 2.16 mi
    Central Park East I Elementary PK to 5 0.74 mi
    Bilingual Bicultural School (the) Elementary PK to 5 0.39 mi
    Talent Unlimited High School High School 9 to 12 2.41 mi
    Manhattan International High School High School 9 to 12 2.41 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

    Mortgage Payment Calculator

    $1,297

    Per Month
    When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

    First-time homebuyers? Check out the RealtyHop Mortgage Center now.

    Inquire about this Property

    Contact A Local Real Estate Expert

    (646) 760-4382

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More

    Recent Transactions at 424 E 115th Street

    Transaction history for 424 East 115th Street

    Unit Br Ba ft² Listed Listing Agent Asking
    HOA + Tax
    Closed Closing Buyer(s)
    Unit 2A - - - - - - May 27, 2021 $102,000 Belen Orsini
    Isabella Wang
    Unit 2C Stu 1 200 Jan 18, 2021 Vanessa Villanueva $110,000
    $60/mo
    May 21, 2021
    123 Days
    $90,000
    -18.18%
    Kit Yan
    Unit 2A Stu 1 200 Oct 9, 2020 Vanessa Villanueva $115,000
    $60/mo
    Apr 23, 2021
    196 Days
    $90,000
    -21.74%
    David Braslow
    Unit 2B Stu 1 300 Jan 23, 2020 Bruno Ruiz-Castano $105,000
    $66/mo
    Jun 15, 2020
    144 Days
    $100,000
    -4.76%
    Armin Alejandro Fausto Araujo
    Unit 4B - - - - - - Nov 5, 2019 $90,000 Marcy Tropin
    Unit 1A 1 1 600 Nov 27, 2018 Bruno Ruiz-Castano $150,000
    $77/mo
    Nov 5, 2019
    343 Days
    $102,900
    -31.40%
    Florence Perpetua Maravilla
    Unit 4D 1 1 500 Nov 27, 2018 Bruno Ruiz-Castano $135,000
    $77/mo
    May 3, 2019
    157 Days
    $123,000
    -8.89%
    Stephen Abbott
    Unit 2B - - - - - - Nov 16, 2005 $25,000 Frank R Fuentes
    Unit - - - - - - - Sep 23, 1993 - 424 East 115 St Hsgetc
    Unit - - - - - - - Feb 16, 1979 - City Of New York

    Apartments for Sale at 424 East 115th Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

    Apartments for Rent at 424 East 115th Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

    Nearby Buildings

    Learn more about 424 E 115th Street #4A

    Building at 424 East 115th Street, New York, NY 10029

    Ask a Question

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More
    Nearby Addresses
    Popular Buildings