Posted 151 days ago

501 W 156th St #54, New York NY 10032

3 br | 1 ba | 855 sqft | Coop
FEATURED LISTING
Description provided by Trulia.
Description provided by Realty Trac.
$259000 / 3 bedroom - restore/rehab your dream home (Harlem / Morningside) Reply to: micpollock@aol.com. two bottom pics are of apartment immediately above this one and is on the market for $390K. I can show that one also, if you like. 3 bedroom apartment in a solid old building, with great personality, experiencing Mid to High-end upgrade. Master bedroom could be developed into a suite with its own bathroom & an adjoining space is perfect for your own Washer/Dryer. The other nice-sized bedrooms could share the other bath and still have space for a giant hallway linen/broom/storage &/or guest closet. PLEASE EMAIL ME FOR A FULL LISTING SHEET W/AN EXISTING FLOOR PLAN & ONE POSSIBLE NEW FLOOR-PLAN (I have design experience and architectural schooling). Restoration/rehab costs would… Show more obviously vary according to desires and tastes but estimates should vary from about $20K basic move-in, to about $70K with a very good quality with all the "bells and whistles". I know these prices because I've also run a remodeling company for over 20 years (still do). You should get competitive bids or even "do it yourself" if you want, but we are happy to work with you in any way you'd like. Eleven (11) windows in all: The smallest bedroom has a large window, even the Bathrooms and Kitchen have windows - the large bedrooms have 2 and the living room has 3. With 9 1/2 foot ceilings the South & East facing apartment has a very bright and open feeling. GREAT OPPORTUNITY, IF YOU QUALIFY! Income limits apply, but you should be fine if you early less than $100K/Yr. "As is" "OPEN MARKET" value of over $500K and restored/rehabed would easily be over $600K if building had no income restrictions. These restrictions will eventually expire or be adjusted up, by best authority, then the complex will become infinitely more valuable & therefore a great long-term investment. Mimimum required 10% downpayment may be negotiable, depending on credit, etc. The apartment is 855 well planned square foot: the monthly charge is only $695. & includes property taxs & all utilities except electricity. Income derived from the building-owned/rented commercial space on the Amsterdam Ave side holds the monthly charges down. Basement storage is available. 501 West 156th Street HDFC is a near 90 year old building showing "PRIDE OF OWNERSHIP" in area of rapidly developing real estate. It is also in the area where Duke Ellington wrote: "Take the A Train to Harlem" - appropriately so because he lived just around the corner on famous "Sugar Hill, overlooking what WAS the poorer section of Harlem: "Bradhurst" (SUGAR meant MONEY: the rich folks lived here). * GREAT AREA TRANSPORTATION: The A train (presently only the C except on weekends)is right around the corner and the #1 train is only 1 block west. Only 2 stops to 125th Street where you can get the M60 bus to LaGuardia. The Amsterdam Ave city-bus stops on the adjoining block. Call or Email Broker Bob to discuss details or to set appointment to view. 212-862-7173, C: 718-755-4428, MicPollock@aol.com
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Home facts for 501 W 156th St #54

Listing Details

Status For Sale
Listing Type Resale
Price/sqft $303
Total views
(as of 12/4/09)
49

 

Bedrooms 3
Baths 1
Days on Trulia 151
ZIP code 10032
Neighborhood Washington Heights

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Additional information about 501 W 156th St #54

This property
$259,000
Similar homes for sale
$301,500
Recently sold homes
$303,167
501 West 156th Street #54, New York NY
501 W 156th St #54, New York NY
$259,000
3 br   1 ba   855 sqft
Coop
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This home
Listing price: $259,000
 
Compared to similar homes
Avg. listing price: $301,500 -14%
Avg. sales price: $303,167 -15%
Avg. price/sqft: $358 -15%
 
Compared to Washington Heights
Avg. listing price: $487,365 -47%
Avg. sales price: $390,000 -34%
Avg. price/sqft: $144 +110%
Comparisons are relative to similar homes on Trulia and are intended as a guide only. Home values are affected by many factors—find out more
Elementary
Middle
High
SCHOOL NAME SCHOOL TYPE PARENT RATING DISTANCE (mi)
Ps 28 Wright Brothers
New York City Department Of Education
Public
0.07
I just love this school,since they started the technology club,its amazing.
Hamilton Heights School M S 368
New York City Department Of Education
Public
0.15
Ps 4 Duke Ellington
New York City Department Of Education
Public
0.22
I love this school my child was a honer roll student she is now going to mott hall this year.thanks to ps 4 and my soon is going to .my son will be to.
Ps 46 Arthur Tappan
New York City Department Of Education
Public
0.36
I think this school is great my girl and boy is very successful in this school I love it my child goes there and was successful to graduate from 6th grade…
Modern School
Private
0.38
View all schools in:   New York City Department Of Education
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
 
Resource Center
This Coop located at 501 W 156th St, New York NY, 10032 is currently for sale and has been listed on Trulia for 151 days. This property is listed by Uptown Homes Real Estate for $259,000. 501 W 156th St #54 has has 3 beds, 1 bath, and approximately 855 square feet. 501 W 156th St is in the Washington Heights neighborhood in New York and in ZIP Code 10032. The list price of $259,000 is 47% lower than the average list price of $487,365 for Washington Heights real estate, 54% lower than the average list price of $558,272 for 10032 real estate, and 86% lower than the average list price of $1,830,156 for New York, NY real estate. The price for this property is 34% lower than the average sales price of $390,000 for Washington Heights, 64% lower than the average sales price of $715,000 for 10032, and 85% lower than the average sales price of $1,697,168 for New York. The price per square foot for this property is $303, which is 110% higher than the average of $144 for Washington Heights, 59% higher than the average of $190 for 10032 and 73% lower than the average of $1,143 for New York.
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