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230 E 124th St
New York, NY 10035 (East Harlem)
Off Market · Public Record
Contact For Estimate

230 E 124th St New York, NY 10035

(East Harlem)
  • 20,448 sqft
  • 5,954 sqft lot size
  • Multi-Family
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  • Highest crime relative to the rest of New York county.

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  • 27 Elementary Schools

    13 Middle Schools

    2 High Schools

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Property Details for 230 E 124th St


This property is no longer available to rent or buy. This description is from January 12, 2017
Investment property and opportunity for those looking to do a 1031 exchange. We offer you a (6) stories, elevator apartment building consisting of 22 apartments, built in 2015. The income potential is still unknown at this time. Rental units in this areas compared to midtown Manhattan gives a tenant a cheaper option and more space for their money, at the same time easy commute to work. Building size and lot dimension are as follow: 59 X 100 is the lot size, and 50 X 69 is the building size. Tax assessment as follow: 25 Year 421a Tax abatement through June 2037. You will not find a bette...r deal this year. Currently there are 14 stabilized units and 8 vacant units. Gross income $732,180.00 and Operating income $119,953 giving you a 6% cap rate. Please send email to request a setup. Fortitude1412
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230 E 124th St Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Apartment house (5+ units)
    • Built In 2009
    • 1 Building
    • 20,448 sqft
    • Stories: 6 story
    • County: New York
    • Lot Size: 5,954 sqft
    • 20 Units
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Additional Costs For 230 E 124th St


Property Taxes and Assessment of 230 E 124th St


Land
Improvement
Total
$440,550
+
$564,870
=
$1,005,420
Land
Improvement
Total
$979,000
+
$1,255,267
=
$2,234,267
Year Tax Assessment Market
2016 $23,353 $1,005,420  $2,234,267 
Source: Public Records

Price History & Trends


Real Estate Trends in this area

Median sale price for all homes in this area $670,000 0% below listing price

Sold Homes near 230 E 124th St


Address Distance Property Type Sold price Sold date Bed Bath Sqft
932 Fteley Ave, Bronx NY 3.72 Multi-Family $700,000 06/28/17 - - 3,600
875 Elsmere Pl, Bronx NY 3.77 Multi-Family $715,000 07/07/17 - - 3,141
354 W End Ave, New York NY 2.80 Multi-Family $5,400,000 07/12/17 - - 3,807
611 W 138th St, New York NY 1.73 Multi-Family $1,700,000 07/13/17 - - 2,796
954 Rogers Pl, Bronx NY 2.41 Multi-Family $550,000 07/12/17 - - 2,856
1146 Fteley Ave, Bronx NY 3.81 Multi-Family $655,000 07/05/17 - - 3,280
444 Timpson Pl, Bronx NY 1.59 Multi-Family $381,000 06/29/17 - - 2,550
892 E 167th St, Bronx NY 2.63 Multi-Family $600,000 06/29/17 - - 3,102
1011 Longfellow Ave, Bronx NY 2.88 Multi-Family $650,000 07/10/17 - - 3,318
153 W 131st St, New York NY 0.86 Multi-Family $1,925,000 07/06/17 - - 3,400