9 months on rocket

18 W 127th St, New York, NY, 10027

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,100 SqFt
$610/SqFt
Multi
Schools Nearby

Location

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18 W 127th St, New York$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1909
HeatingOther, ENERGY STAR Qualified Equipment
CoolingCentral Air
BasementYes
MLS #H6259841
StatusActive
(A)

About 18 W 127th St

A unique investment opportunity to own a 4100 sq. ft. four-unit multifamily walk-up, with approximately 19' of frontage on a quaint and quiet residential block in Central Harlem. Needs work the building has five (5) stories and includes a duplex unit on the parlor and garden floors and three floor-through units. There is also private outdoor space on the garden floor and third floor. This property is A Perfect opportunity for builder, developer or contractor, Building permits filed and approved. Electrical and Plumbing ruffing completed with most sheet rock. Perfect to live plus income or conversion into a high end two family on a tree-lined street just blocks away from Marcus Garvey Park and the Lenox Avenue retail corridor with renowned Harlem restaurants such as Red Rooster, Corner Social, and Sylvia's. 125th Street two blocks south has become Harlem's most exciting and rapidly developing retail corridors, future home of Whole Foods and other major retailers. Ownership has installed a brand new gas boiler and the building is separately metered for electric and gas. Since the property will be delivered vacant, future ownership will immediately be able to renovate and capitalize on the neighborhood's rapidly rising rents or high condo sellout values in the area. The building is within close proximity to the 2 and 3 subway lines on West 125th Street and Lenox Avenue, as well as many bus routes that canvas the area.

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: R New York
  • Office Phone: (212) 688-1000

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Other, ENERGY STAR Qualified Equipment
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $610/SqFt

Tax Information:

  • Annual Amount: $21,575
  • Tax Year: 2020
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

18 W 127th St vs New York

291 DAYS ON ROCKET

+195 Days

$2,500,000

+$1.6M More

$610/SqFt

-$27 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $27/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6259841

Listing Office:

  • Office Name: R New York
  • Office Phone: (212) 688-1000

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
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: 4/30/2024, 11:56:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2016Home Sold
$2,575,000
Aug 04, 2015Home Sold
$1,408,518
Jul 12, 2006Home Sold
$1,050,000

Tax History

YEARPROP. TAXASSESSMENT
2020$21,575$360,450
2018$18,703$148,297
2017$18,481$148,297

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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-4072170
4
/10

  • PS 133 Fred R Moore

  • 2121 5th Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-4072171
6
/10

  • Neighborhood Charter School of Harlem

  • 132 W 124th St

  • 0.26 miles

  • Public Charter Grades KG-2

school-card-donut-4072172
2
/10

  • PS 242 The Young Diplomats Magnet Academy

  • 134 W 122nd St

  • 0.33 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,500. Typical income of New York, NY residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›New York›10027›18 W 127th St

This home is located at 18 W 127th St in New York, NY and zip code 10027 in the Central Harlem neighborhood. This 4,100 square foot home was built in 1909. It has been listed on Rocket Homes since July 14, 2023 and is currently priced at $2,500,000.

In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. The number of listings in New York, NY increased by 3.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.

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

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