$1,279,900
●
Multifamily -
Off Market
51 E 126th Street
New York, NY 10035
Studio
0 Bath
$8,341
Estimated Monthly
$0
HOA / Fees
0.65%
Cap Rate
About This Property
Douglas Elliman presents a bank-owned investment in an Opportunity
Zone at 51 East 126th Street, East Harlem. This 3,812 sq ft, fully
occupied brownstone has potential for vacancy for an offer
significantly above the list price. It includes approximately 7
units and boasts an unused FAR of 3,672. Due diligence is advised
to verify unit mix and rents with DHCR. The buyer will be
accountable for delinquent taxes, assessments, violations, liens,
unpaid bills, and seller transfer taxes at closing. Located near
the 125th Street hub, it offers access to multiple transit options
including 2, 3, 4, 5, 6 trains, Metro North railroad, as well as
the M1, M101, M15-SBS, M60-Select Bus, M60 Select Bus, M101, M125,
M102, M2, M2, M7 buses. The area's growth, new developments on and
around the surrounding blocks, the upcoming Second Avenue Subway,
proximity to Whole Foods, Trader Joe's, Target restaurants, bars,
shops and other services presents an ideal investment opportunity.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,056
HOA Dues
-
Year Built
1909
Last updated: 8 days ago (OneKey MLS #ONEH6277714)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 19, 2024 | No longer available | - | |
No longer available | |||
Dec 30, 2023 | Price Decreased |
$1,279,900
↓ $19K
(1.5%)
|
|
Price Decreased | |||
Nov 10, 2023 | Listed by Douglas Elliman Real Estate | $1,299,000 | |
Listed by Douglas Elliman Real Estate | |||
May 8, 2023 | Sold to Nubridge Commercial Lending... | $1,686,490 | |
Sold to Nubridge Commercial Lending... |
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Basement Information
Basement: Full
Exterior Details
Property Information
Square Footage : 3812
Property Type: Residential Income
Property Sub Type: Multi Family
Road Responsibility: Public Maintained Road
Year Built: 1909
Year Built Source: Estimated
Building Information
Building Area Units: Square Feet
Construction Methods: Stone
Lot Information
Lot Features: Level, Near Public Transit
Lot Size Acres: 0.06
Lot Size Square Feet: 2496
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $24,675
Utilities Details
Cooling: Yes
Cooling: Window Unit(s)
Heating: Natural Gas, Baseboard
Sewer : Public Sewer
Location Details
Directions: 2, 3, 4, 5, 6 trains, Metro North railroad, as well as the M1, M101, M15-SBS, M60-Select Bus, M60 Select Bus, M101, M125, M102, M2, M2, M7 buses.
County or Parish: Manhattan
Other Details
Selling Agency Compensation: 2.5%
On Market Date: 2023-11-10
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
Sold
Multifamily
5
Beds
3
Baths
-
$1,260,000
Oct 3, 2019
$1,260,000
Dec 16, 2019
$1,017/mo
Condo
2
Beds
2
Baths
1,178 ft²
$1,087/ft²
$1,280,000
Mar 1, 2023
$1,280,000
Apr 26, 2023
$1,509/mo
Sold
Condo
2
Beds
2
Baths
1,325 ft²
$953/ft²
$1,262,500
May 11, 2018
$1,262,500
Feb 7, 2019
$1,284/mo
Sold
Condo
2
Beds
2
Baths
1,198 ft²
$1,081/ft²
$1,295,000
Feb 5, 2015
$1,295,000
Feb 5, 2021
$773/mo
In Contract
Multifamily
6
Beds
4
Baths
3,000 ft²
$398/ft²
$1,195,000
Jun 27, 2022
-
$389/mo
Active
Condo
1
Bed
1
Bath
804 ft²
$1,367/ft²
$1,099,000
Jan 8, 2024
-
$1,141/mo
In Contract
Condo
4
Beds
2
Baths
1,456 ft²
$892/ft²
$1,299,000
Apr 14, 2023
-
$2,054/mo
Active
Condo
2
Beds
2
Baths
1,039 ft²
$1,227/ft²
$1,275,000
Feb 5, 2024
-
$1,001/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
51 East 126th Street
51 East 126th Street, New York, NY 10035
- 11 Units
- 1 Unit for Sale