2 months on rocket

159 E 118th St Unit 1A, New York City, NY, 10035

$450,000

Home List Price

$5,344*

Closing Credit

1 Full Bath
455 SqFt
$989/SqFt
Condo
Schools Nearby

Location

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159 E 118th St Unit 1A, New York$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
MLS #RPLU-1032522893339
StatusActive

About 159 E 118th St Unit 1A

5.875% financing for qualified buyers available through Valley National Bank Community Plus Program!<br>Ready for Immediate Occupancy!<br><br>Welcome to The Oslo at 159 East 118th Street, a one-of-a-kind new development condominium in vibrant East Harlem. Enjoy all the amenities associated with a 12 unit elevator building without the additional cost: A state of the art common gym furnished with all the essentials for your daily workout. Stunning oversized roof deck with exceptional views of the Manhattan skyline, perfect for entertaining or relaxing during the day. And large private storage units are available for purchase and common bike storage in the basement for your convenience.<br><br>Details galore, every apartment has been thoughtfully designed, and features custom cabinetry with high-end appliances. Red oak floors span the living spaces and bedroom. Large, picture windows by Pella accentuate the tree lined street and neighboring architecture.<br><br>Unit 1A is a southwest facing studio apartment. Warm, diffuse sunlight showcases a modern, open kitchen offering plenty of storage for essentials and is equipped with a Bertazzoni electric cooktop and Blomberg appliance package including a dishwasher.<br><br>The living space contains two generous closets. The bathroom is spacious with a deep soaking tub from Emory & Bond, highlighted by honeycomb tiling and rain shower head. A suspended vanity is placed under the anti-fog, LED mirror that lights up with a touch. The entryway holds a closet with washer/dryer hook-ups.<br><br>Situated on 118th Street between Lexington Ave and Third Ave, The Oslo is ringed by parks: Central Park, Harlem River Park, and a quick trip to Randall's Island. Shopping is a breeze at East River Plaza. The building is central to many renowned and well-known restaurants such as Chef Marcus Samuelsson's Red Rooster Harlem, Sylvia's "Queen of Soul Food," and Rao's, a famous haunt for southern Italian dining. Easy access to the 6 train at 116th Street, 4 & 5 trains at 125th Street, and 2/3 trains at 116th and Malcolm X Blvd. It's less than 10 min drive to the FDR.<br><br>The complete terms are in an offering plan available from the Sponsor File No. CD210258

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Living Area: 455 SqFt

Listing Office:

  • Office Name: Serhant LLC
  • Office Phone: (646) 480-7665
  • Listing Agent: Alexandra Newman
  • Agent Phone: (646) 650-6456

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Exterior: Building Roof Deck, None

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $989/SqFt

HOA Fees:

  • Amount: $246
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

159 E 118th St Unit 1A vs New York

75 DAYS ON ROCKET

-21 Days

$450,000

-$399.1K Less

$989/SqFt

+$349 More

KEY TAKEAWAY

This property is $399.1K less than the Median Sold Price and $349/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-1032522893339

Listing Office:

  • Office Name: Serhant LLC
  • Office Phone: (646) 480-7665
  • Listing Agent: Alexandra Newman
  • Agent Phone: (646) 650-6456

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/6/2024, 10:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$2,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7156225
2
/10
  • PS 155 William Paca

  • 319 E 117th St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-7156226
2
/10
  • PS 102 Jacques Cartier

  • 315 E 113th St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-7156227
3
/10
  • Mosaic Preparatory Academy

  • 141 E 111th St

  • 0.36 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,608. Most New York, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 159 E 118th St Unit 1A

What is the listing price of this property?

The listing price of 159 E 118th St Unit 1A property is $450,000.

What type of property is this?

The property 159 E 118th St Unit 1A is a condo located in New York City, New York, 10035.

Is this property for sale now?

Active Listing: 159 E 118th St Unit 1A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 159 E 118th St Unit 1A has 1 bathroom..

What is the square footage of this property?

The property 159 E 118th St Unit 1A is 455 SqFt (source: MLS/tax record).

Rocket HomesNew YorkNew York10035159 E 118th St Unit 1A

This home is located at 159 E 118th St Unit 1A in New York City, NY and zip code 10035 in the East Harlem neighborhood. Features: 1 bathroom. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $450,000.

In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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