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OFF MARKET: PUBLIC RECORD

204 W 108th St New York, NY 10025 (Upper West Side)

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  • Multi-Family Home
  • 42,186 sqft
  • Lot size: 10,092 sqft
  • Built in 1915
  • Provided By:
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Property Details for 204 W 108th St


Sold > NY > New York > 10025 > Upper West Side > 204 W 108th St
This property is no longer available to rent or buy. This description is from March 05, 2015
Massey Knakal Realty Services has been retained on an exclusive basis to arrange for the sale of 204 West 108th Street, a 6 story pre-war elevator apartment building located on the south side of West 108th Street between Broadway and Amsterdam Avenue. The property boasts 100? of frontage and lies within the Bloomingdale District of the Upper West Side just south of Columbia University. 204 West 108th Street contains 49 apartments consisting of 1 two-room studio, 12 one-bedrooms, 24 two-bedrooms, 11 three-bedrooms, and a basement super?s unit. Each floor contains 8 apartments with the st...andard floors (2-6) consisting of mirrored lines of 2 one-bedrooms, 4 two-bedrooms, 2 one-bedrooms. The apartments feature crisp layouts, generous sizes, and receive ample light and air. Of the 48 units 33 are free market, 11 are rent stabilized, and 4 are rent controlled. Two of the units are currently vacant; #43 which recently underwent a full renovation and #5 which was previously occupied by a long term tenant and will require renovation.The building is heated by a #4 oil-fired boiler (3,000 gallon tank) and each unit is individually metered for gas and electric. The gas service has been completely updated with new meters and risers to every apartment, a total project cost of approximately $325,000. Ownership is in the process of applying to DHCR for an MCI increase based upon the installation of the updated gas service. Other recent improvements include a new roof and numerous apartment renovations. Features of the building include 9-10? ceilings throughout, a large center courtyard providing additional light and air to the interior apartments, a full basement with tall ceilings, a laundry room and ample storage space. It may be possible to reconfigure a portion of the basement for use as additional amenity space or possibly the lower level of ground floor-basement duplexes.204 West 108th Street represents an excellent opportunity for an investor to acquire an elevator building with long-term upside located within the heart of one of the most supply constrained neighborhoods of New York City.
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204 W 108th St Public Records


Official property, sales, and tax information from county (public) records as of 12/2015:
    • Apartment house (5+ units)
    • Built In 1915
    • 1 Building
    • 42,186 sqft
    • Stories: 6 story
    • County: New York
    • Lot Size: 10,092 sqft
    • 48 Units

Home Expenses For 204 W 108th St


Property Taxes and Assessment of 204 W 108th St


Land
Improvement
Total
$675,000
+
$2,298,150
=
$2,973,150
Land
Improvement
Total
$1,500,000
+
$5,107,000
=
$6,607,000
Year Tax Assessment Market
2016 $365,239 N/A N/A
2015 N/A $2,973,150  $6,607,000 
Source: Public Records

Price History & Trends


Price History for 204 W 108th St


Date Event Price Source Agents
04/23/2015 Sold view detail $27,500,000 Public records Public records  
  • Recording Date
    04/23/2015
  • Contract Date
    04/01/2015
  • Sale Price
    $27,500,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed
10/21/2008 Sold view detail $16,750,000 Public records Public records  
  • Recording Date
    10/21/2008
  • Contract Date
    10/14/2008
  • Sale Price
    $16,750,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed
04/15/2005 Sold view detail $10,400,000 Public records Public records  
  • Recording Date
    04/15/2005
  • Contract Date
    03/31/2005
  • Sale Price
    $10,400,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Deed

Real Estate Trends in Upper West Side

Average listing price for similar homes $4,136,500 0% below listing price
Average listing price for all homes in Upper West Side $4,735,209 0% below listing price
Median sale price for all homes in Upper West Side $1,600,000 0% below listing price

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