1 year on rocket

225 E 74th St Unit 5M, New York City, NY, 10021

$550,000

Home List Price

$6,531*

Closing Credit

1 Bedroom
1 Full Bath
Condo
Schools Nearby

Location

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225 E 74th St Unit 5M, New York$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1938
ViewOther
MLS #RPLU-5121808404
StatusActive

About 225 E 74th St Unit 5M

First few photos are virtually staged. The apartment requires renovations.<br><br><br>Welcome to a charming Art Deco cooperative from the late 1930s located in the heart of the Upper East Side on 74th Street, between 2nd and 3rd Avenues. Upon entering the lobby, you'll find the warmth of a fireplace and feel like you're at home in this well-maintained building. The apartment is a classic pre-war, 1 bedroom that's lined with windows facing north, which fills the home with natural light. The high ceilings, substantial closet space and an open layout lends a great deal of potential for a complete renovation. You'll enter a proper foyer that's lined with closets, which leads to a step down living room to the left and a windowed kitchen directly in front with space for a small dining table in front. Beyond the living room is a large bedroom with windows wrapping around the corner of the room and a windowed bathroom. <br><br>The full-service doorman building with live in manager is pet-friendly and includes a courtyard garden, laundry facilities, individual storage for rent and a bicycle room. Upon architectural and Board review, washers/dryers have been allowed in unit on lower floors. Pieds a terre, purchasing for children and subleasing with Board approval. Up to 80 percent financing permitted. Building features include: elevator, live-in resident manager, 24-hour doorman, courtyard garden, bike room and storage. Pets allowed. Equinox is one block away, JG Mellon is on the corner and easy access to the 2nd Avenue subway as well as the 6 train. The 2% flip tax is split 50/50, between the buyer and seller.

Property Details

Property Features

Property Information:

  • Year Built: 1938

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Georgia Kaporis
  • Agent Phone: (917) 952-2522

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

HOA Fees:

  • Amount: $2086
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

225 E 74th St Unit 5M vs New York

478 DAYS ON ROCKET

+382 Days

$550,000

-$295.4K Less

KEY TAKEAWAY

This property is $295.4K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5121808404

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Georgia Kaporis
  • Agent Phone: (917) 952-2522

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: 4/25/2024, 3:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,899

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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-76795
7
/10
  • PS 158 Baylard Taylor

  • 1458 York Ave

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-76796
10
/10
  • PS 290 Manhattan New School

  • 311 E 82nd St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-76797
9
/10
  • PS 183 Robert L Stevenson

  • 419 E 66th St

  • 0.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,054. The most common annual income of people living in New York, NY is $200k+. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225 E 74th St Unit 5M

What is the listing price of this property?

The listing price of 225 E 74th St Unit 5M property is $550,000.

What type of property is this?

The property 225 E 74th St Unit 5M is a condo located in New York City, New York, 10021.

Is this property for sale now?

Active Listing: 225 E 74th St Unit 5M is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 225 E 74th St Unit 5M has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 225 E 74th St Unit 5M is 1938.

Rocket HomesNew YorkNew York10021225 E 74th St Unit 5M

This home is located at 225 E 74th St Unit 5M in New York City, NY and zip code 10021 in the Upper East Side neighborhood. This home was built in 1938. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 03, 2023 and is currently priced at $550,000.

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. In March 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $845,489.

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

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