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77 Condominiums, 77 East 110th Street, #5B

Listing no longer available on CityRealty as of May 2, 2024
It previously was on the market for a total of 69 days.
Last Sold on Apr 10, 2024 for $901,469
2 beds, 1.5 baths | Approx. 951 ft2
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  • Buyers
  • Rohan Mehta
  • Sellers
  • Mehta Real Estate, Llc
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69 days on Market

Pricing History

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Key Details

  • Listed: Feb 23, 2024
    Days on Market: 69
    Building Type: Condominium
    Neighborhood: East Harlem (Manhattan)
Monthly Common Charges: $408
Monthly Real Estate Taxes: $41
Total Taxes & Fees: $449 ($0.47/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $5,225 ($5.49/ft2)
Note: the above is based on a down payment of 20% ($180,000), which is the minimum amount permitted by the building.

Description

Seize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.

This is more than just a stylish, well-equipped apartment; it’s a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,645 (Lease Expires 04/30/2024).

What’s more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.

Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round.

With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.

Embrace intelligent investing with this chic income-generating property in South Harlem.

Maximize your portfolio’s value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.

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Apartment Amenities

  • City View

About 77 Condominiums, 77 East 110th Street

Building Amenities

  • Post War
  • Resident Storage
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Event Room
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Laundry Room
  • Bike Room
  • LEED Accreditation
  • Terraces / Balconies
  • Virtual Doorman

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