NOT LISTED FOR SALE

Estimated Value: $790,000 - $889,000

2 Beds
2 Baths
984 Sq Ft
$1,052/mo HOA Fee

Last Sold January 30, 2023

Last sale price $800,000 $813 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,897/month

34 Days on Market

Highlights

  • Garage
  • 3-minute walk to 116 Street (2,3 Line)
  • 5-minute walk to Martin Luther King, Jr. Playground
  • West Facing Home

About This Home

As of January 2023

Unit 4H at 1400 5th Ave is the address to have! This spacious split two bed two bath boosts western exposure, over 900 sq ft of space, quiet, serene garden views, and new engineered hardwood floors unused. Are you looking for classy luxury living in Harlem? Look no further because this apartment has it all! Enjoy a windowed galley kitchen with granite countertops, top-of-the-line appliances, and additionally -a dining nook. In the primary bedroom, you will feel at ease with exquisite garden views, offering pin drop silence. In addition, relax in your en-suite spa-like bathroom with a whirlpool jacuzzi.





The second bedroom is just as pristine as the primary bedroom. Escape with lovely courtyard garden views, all while bird watching; both bedrooms can easily fit a king-size bed. This sprawling unit also offers lots of closet space throughout and central ac/heat with a brand new NEST thermostat. This sophisticated thermostat complements the building; in fact, 1400 5th Ave is one of the first green condominiums in New York City. Please note there are HDFC income requirements- this home has to be your primary residence, and your gross annual income cannot exceed $298,250.00 for all occupants over 18.



1400 5th Avenue is a unique condominium and, as mentioned before, one of the first green buildings in NYC; furthermore, 60% of the development materials were recycled or renewable. Exceptional amenities include a 24-hour doorman, playroom, library/community room, storage, bike room, keycard laundry on each floor, live-in super, pet friendly, and an enclosed private courtyard garden with seating. Furthermore, the building has had a facelift with renovations on each floor and an updated lobby.



Conveniently located near Columbia University, Mount Sinai, Harlem Tavern, Blink Fitness, Ricardo's Steak House, Whole Foods, local shops, Central Park and Marcus Garvey Park, and the B, C, 2, 3, and 6 trains. The M116, M102, and M1 buses are seconds away on the corner. This lovely Condo is located a few blocks from Metro-North at the 125th Street Station.



The building has a 421-A Tax Abatement and a 3% flip tax.

Last Listed By

Shagarri McCrary

Elegran LLC License #10401315651 Listed on: 09/20/2022

Elegran LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $240

Year Built

  • Built in 2003

Lot Details

  • West Facing Home

HOA Fees

  • $1,052 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 984 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 129 Units
  • Central Harlem Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 01599

Property Details

Home Type

Condominium

Est. Annual Taxes

$240

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,052 per month

Listing Details

  • Exposures: West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Central Harlem
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Living Area: 984.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1052.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Units: 129
  • Total Stories: 8
  • Year Built: 2003

Tax Info

  • Tax Block: 01599
  • Tax Annual: 240.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Jan 30, 2023
Sold by
Danette Kelly Executor and Estate Of Ida Bowman Kelly
Bought by
Lee Jane Mijun
Seller's Agent
Shagarri McCrary
Elegran LLC
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Total Days on Market
34
Views
38
Current Estimated Value
$866,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,230
Avg. Annual Appreciation
3.61%
Original Mortgage
$640,000
Outstanding Balance
$623,201
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,029

Purchase Details

Closed on
Dec 7, 2004
Sold by
1400 5Th Llc and Nyc Partnership Housing Development Fund
Bought by
Bowman-Kelly Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,522
Interest Rate
5.74%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Jane Mijun $800,000 --
Bowman-Kelly Ida $302,150 --
Bowman-Kelly Ida $302,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jane Mijun $640,000
Previous Owner Bowman-Kelly Ida $375,000
Previous Owner Kelly Ida $150,000
Previous Owner Bowman-Kelly Ida $80,000
Previous Owner Bowman-Kelly Ida $66,522
Previous Owner Bowman-Kelly Ida $224,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Off Market $800,000 -- --
01/30/2023 01/30/23 Sold $800,000 -5.9% $813 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $850,000 -- $864 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $240 $83,215 $6,949 $76,266
2023 $240 $79,536 $6,949 $72,587
2022 $235 $77,656 $6,949 $70,707
2021 $235 $74,174 $6,949 $67,225
2020 $239 $83,730 $6,949 $76,781
2019 $242 $81,123 $6,949 $74,174
2018 $244 $83,044 $6,949 $76,095
2017 $244 $69,748 $6,950 $62,798
2016 $247 $54,705 $6,949 $47,756
2015 $193 $49,304 $6,949 $42,355
2014 $193 $45,459 $6,949 $38,510
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10823296

Real Estate Board of New York (REBNY)

APN: 1599-1118