$649,000
●
Condo -
Off Market
18 W 129TH ST #2A
Manhattan, NY 10027
1 Bed
1 Bath
600 Sqft
$3,632
Estimated Monthly
$429
HOA / Fees
3.43%
Cap Rate
About This Property
Welcome home to this gem in one of the fastest growing areas in
Central Harlem!
Have brunch at one of the popular restaurants around the corner at Silvia's, Red Rooster, or Corner Social! Pick up groceries at the newly-opened WHOLE FOODS around the corner. Grab your cup of Stumptown coffee just down the block at Lenox Coffee on the way to the subway each morning.
Currently renting for $2300, the low monthlies allow this property to yield a 3.4% cap rate for investors, and the tenant was found in 1 week! As a primary residence, you can own this property for close to the same amount as renting it after tax advantages alone. Stop renting and build equity on top of that by paying down your mortgage and riding the appreciation wave. The demand for luxury condos with low monthlies in Manhattan continue to push property values up in Central Harlem.
Apartment Features:
- PRIVATE ELEVATOR ENTRY via access card
- Private entry foyer with large keyed STORAGE CLOSET
- Hardwood Floors
- Open Kitchen layout
- Stainless Steel Appliances
- Dishwasher
- Microwave
- Granite Countertops
Building Features:
- Virtual Doorman
- Secure package room
- FREE LAUNDRY available in the basement
- Common patio in backyard
2/3 express subway stop at 125th and Lenox to the West
4/5/6 subway at 125th and Lexington to the East
Have brunch at one of the popular restaurants around the corner at Silvia's, Red Rooster, or Corner Social! Pick up groceries at the newly-opened WHOLE FOODS around the corner. Grab your cup of Stumptown coffee just down the block at Lenox Coffee on the way to the subway each morning.
Currently renting for $2300, the low monthlies allow this property to yield a 3.4% cap rate for investors, and the tenant was found in 1 week! As a primary residence, you can own this property for close to the same amount as renting it after tax advantages alone. Stop renting and build equity on top of that by paying down your mortgage and riding the appreciation wave. The demand for luxury condos with low monthlies in Manhattan continue to push property values up in Central Harlem.
Apartment Features:
- PRIVATE ELEVATOR ENTRY via access card
- Private entry foyer with large keyed STORAGE CLOSET
- Hardwood Floors
- Open Kitchen layout
- Stainless Steel Appliances
- Dishwasher
- Microwave
- Granite Countertops
Building Features:
- Virtual Doorman
- Secure package room
- FREE LAUNDRY available in the basement
- Common patio in backyard
2/3 express subway stop at 125th and Lenox to the West
4/5/6 subway at 125th and Lexington to the East
Unit Size
600Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,082
Property Type
Condo
Property Taxes
$17
HOA Dues
$429
Year Built
2008
Last updated: 5 months ago ( #NEST-54231)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 9, 2018 | No longer available | - | |
No longer available | |||
May 8, 2018 | Sold to Sandeep Chouksey, Jayshree ... | $620,000 | |
Sold to Sandeep Chouksey, Jayshree ... | |||
Oct 2, 2017 | Listed by Elegran Real Estate | $649,000 | |
Listed by Elegran Real Estate | |||
Sep 13, 2017 | Listed | $649,000 | |
Listed | |||
|
|||
OPEN HOUSE CANCELLED. IN CONTRACT Welcome home to this gem in one
of the fastest growing areas in Central Harlem! Have brunch at one
of the popular restaurants around the corner at Silvia?s, Red
Rooster, or Corner Social! Pick up groceries at the newly-opened
WHOLE FOODS around the corner. Grab your cup of Stumptown coffee
just down the block at Lenox Coffee on the way to the subway each
morning. Currently renting for $2300, the low monthlies allow this
property to yield a 3.4% cap rate…
|
|||
Feb 13, 2015 | Sold to Min I Kim, Basil H Kim | $485,500 | |
Sold to Min I Kim, Basil H Kim |
Show More
Property Highlights
Doorman
Elevator
Interior Details
Room Information
Rooms: 3
Exterior Details
Property Information
Property Condition: Excellent
PropertySubType: Apartment
Living Area: 600
Living Area Units: SquareFeet
Building Information
Building Name: Madera Condominium
Financial Details
Tax Annual Amount: $200
Flip Tax Remarks: Call for details
Tax Deduction Remarks: Call for details
Location Details
Association Fee: $429
Pets Allowed: Unit No, Building No
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
1
Bath
594 ft²
$1,136/ft²
$675,000
Sep 7, 2021
$675,000
Jan 11, 2022
$659/mo
Condo
1
Bed
1
Bath
594 ft²
$968/ft²
$575,000
Apr 11, 2013
-
Feb 5, 2021
$575/mo
Condo
1
Bed
1
Bath
594 ft²
$991/ft²
$588,888
May 13, 2014
-
Feb 5, 2021
$532/mo
Condo
1
Bed
1
Bath
664 ft²
$930/ft²
$617,292
Jun 19, 2014
-
Feb 5, 2021
$483/mo
Condo
1
Bed
1
Bath
664 ft²
$926/ft²
$615,000
Jun 2, 2014
-
Feb 5, 2021
$483/mo
Condo
1
Bed
1
Bath
726 ft²
$875/ft²
$635,000
Jun 2, 2014
-
Feb 5, 2021
$527/mo
Active
Condo
1
Bed
1
Bath
684 ft²
$1,038/ft²
$710,000
Jan 19, 2024
-
$1,193/mo
In Contract
Condo
1
Bed
1
Bath
775 ft²
$850/ft²
$659,000
Aug 24, 2022
-
$424/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/07/2021
|
1 Bed
|
1 Bath
|
594 ft²
|
$699,000
1 Bed
1 Bath
594 ft²
|
$675,000
-3.43%
01/13/2022
|
Starr Densford
Serhant LLC
|
||
10/02/2017
|
1 Bed
|
1 Bath
|
600 ft²
|
-
1 Bed
1 Bath
600 ft²
|
-
-
|
-
|
Daniel Chun
Compass
|
|
05/09/2017
|
1 Bed
|
1 Bath
|
693 ft²
|
$585,000
1 Bed
1 Bath
693 ft²
|
-
-
|
-
|
Andrew Anderson
Prudential Douglas Elliman Real Estate
|
|
02/03/2015
|
1 Bed
|
1 Bath
|
594 ft²
|
$475,000
1 Bed
1 Bath
594 ft²
|
$485,500
+2.21%
02/13/2015
|
John McGuinness
Harlem Properties
|
||
05/13/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$550,000
1 Bed
1 Bath
594 ft²
|
$588,888
+7.07%
02/05/2021
|
-
|
John McGuinness
Compass
|
|
05/13/2014
|
1 Bed
|
1 Bath
|
639 ft²
|
$465,000
1 Bed
1 Bath
639 ft²
|
$440,000
-5.38%
04/22/2015
|
John McGuinness
Harlem Properties
|
||
05/13/2014
|
1 Bed
|
1 Bath
|
816 ft²
|
$540,000
1 Bed
1 Bath
816 ft²
|
$540,000
03/30/2015
|
John McGuinness
Harlem Properties
|
||
05/13/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$475,000
1 Bed
1 Bath
594 ft²
|
$470,000
-1.05%
01/13/2015
|
John McGuinness
Harlem Properties
|
||
05/13/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$495,000
1 Bed
1 Bath
594 ft²
|
$496,000
+0.20%
01/06/2015
|
John McGuinness
Harlem Properties
|
||
04/20/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$485,000
1 Bed
1 Bath
594 ft²
|
$485,000
02/03/2015
|
John McGuinness
Harlem Properties
|
||
04/11/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$485,000
1 Bed
1 Bath
594 ft²
|
$499,000
+2.89%
02/10/2015
|
John McGuinness
Harlem Properties
|
||
04/11/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$475,000
1 Bed
1 Bath
594 ft²
|
$475,000
02/05/2015
|
John McGuinness
Harlem Properties
|
||
04/11/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$475,000
1 Bed
1 Bath
594 ft²
|
$485,000
+2.11%
01/09/2015
|
John McGuinness
Harlem Properties
|
||
04/11/2014
|
1 Bed
|
1 Bath
|
594 ft²
|
$485,000
1 Bed
1 Bath
594 ft²
|
$499,000
+2.89%
01/06/2015
|
John McGuinness
Harlem Properties
|
||
04/11/2013
|
1 Bed
|
1 Bath
|
594 ft²
|
$525,000
1 Bed
1 Bath
594 ft²
|
$575,000
+9.52%
02/05/2021
|
-
|
John McGuinness
Compass
|
Building Info
Madera Condominium
18 West 129th Street, New York, NY 10027
- 12 Units
- 1 Unit for Sale
About Upper Manhattan
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