409 E 115th St, New York, NY 10029

12 beds4 baths5,900 sqft Edit

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Sold: $1,100,000
Sold on 07/02/14
Zestimate®: $3,559,278
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My Notes

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Last chance to submit an offer! Only cash bids are being considered. Current rent roll 47k/year. Yearly expenses: $2,154 (taxes), $900 (electric for common areas), $3,600 (water), approx $2,000 (insurance), $5,000 (heat for entire bldg)=$13,654. Air rights available to build 3 additional floors. 4 family townhouse that measures 20 feet x 59 feet plus 20x17 backyard and partially above grade full basement with two means of egress- one from street and one to garden in back. Currently arranged as four floor through apartments. All units have three bedrooms/1 bath with two entrances, eat in windowed kitchen, 4 south facing windows, three north facing windows, east/west exposures, washer/dryer, dishwasher, and ceiling fans throughout. The building is highly maintained with several recent upgrades including: new facade, water proofing, boiler, and roof. This turn of the century townhouse possesses many desirable prewar qualities- grand rooms, high ceilings, and crown molding. There is carpet and tile in some of the rooms, but hardwood floors exist underneath. Also there are existing fireplaces and brick behind the sheetrock. All can be exposed to maximize prewar greatness. Located on one of East Harlem's loveliest and most historical blocks- 115th Street between Pleasant and 1st Ave near the FDR, East River, M116, 6 subway, 4/5 subway, Metro North. This block is graced with some of NYC's most beautiful architecture including Our Lady of Mount Carmel Church built in 1864 and the former National Museum of Catholic Art. It is also the birthplace of Al Pacino and the same streets where many Hollywood classics were filmed including scenes from The Godfather and Goodfellas. Be a part of history and the renaissance. East River Plaza, Thomas Jefferson Park, Patsy's Pizzeria, Rao's, Evelyn's, Ricardo's, Aromas, and the East River are all steps away. Please call or email Sarah at 646.763.1158, sworley@pleasantnyc.com  More Less 

Facts

  • Lot: 1,500 sqft
  • Multi Family
  • Built in 1900
  • Views: 2,187 all time views
  • Last sold: Jul 2014 for $1,100,000
  • Last sale price/sqft: $186

Features

  • Fireplace
  • Garden
  • Patio
  • Storage

    Appliances Included

    • Dishwasher
    • Dryer
    • Washer

    Construction

    • Stories: 4
    • Unit count: 4

    Other

    • Floor size: 5,900 sqft
    • Laundry: In Unit
    • Lot depth: 75
    • Lot width: 20
    • Parcel #: 17090104
    • Zillow Home ID: 31546901

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $3,559,278
    -$191,338 Last 30 days
    $3.03M
    $3.99M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $10,637/mo
    +$203 Last 30 days
    $5.1K
    $21K
    Zestimate range
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    Popularity on Zillow

    2,187 all-time views
    of this home (chart)

    Comparable Homes

    Homes like this sold for $2.2-6.3M.

    $1.93M
    $6.57M

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts East Harlem home values will increase 4.1% next year, compared to a 2% increase for New York as a whole. Among 10029 homes, this home is valued 408.2% more than the midpoint (median) home, but is valued 78.4% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In East Harlem, the number of foreclosures waiting to be sold is exactly the same as for New York, and 92.4% lower than the national average.

    Learn more about forecast calculations or East Harlem home values.
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      Nearby Schools in New York

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org