NOT LISTED FOR SALE

Estimated Value: $3,347,000 - $6,161,296

5 Beds
5 Baths
5,205 Sq Ft
$941/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $5,250,000 $1,009 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $30,185/month

139 Days on Market

Highlights

  • Deck
  • 4-minute walk to Cathedral Parkway (110 Street) (A,B,C Line)
  • Main Floor Bedroom
  • Property is near public transit
  • Wood Flooring
  • 1-minute walk to Lafayette Square

About This Home

As of January 2023

Beautifully renovated two-family home on a corner property. This Morningside Heights home features 2 large units and elevator to every floor except cellar. The homeowner is currently occupying both units but this home can be a wonderful investment. Main apartment features large living room with beautiful fireplace and bar, large library with sitting area with built-in hidden desk and a powder room. Second floor features spacious eat-in-kitchen with state-of-the-art appliances which include a double Wolf oven, Wolf 6 top stove with griddle, built-in TV with surround sound, formal dining room and half bath. Third floor boasts Primary bedroom with fireplace and walk-in closets and primary bath with steel jacuzzi tub for two. The 4th floor features a staircase with access to rooftop deck-conservatory which is wired for cable to create your own movie theatre. Also on this floor is another bedroom, a separate sitting area, full bath with white old fashioned claw foot tub and shower, and a laundry chute that runs from the 4th floor directly to the laundry room. The lower level features one bedroom, updated bath with shower, kitchen, living room and access to laundry room and main house. This home features many amenities which include security system, surround sound, wireless/wired internet, central air, and thermostat controlled by central Creston system. Basement square footage is 1,041 which is not included in square footage. Home is centrally located steps to Morningside Park and direct views of The Cathedral of St. John the Divine, two blocks to Central Park and close to Columbia University.

Last Listed By

MaryAnn Giacobbe

Houlihan Lawrence Inc. License #40GI0841813 Listed on: 05/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,511

Year Built

  • Built in 1889 | Remodeled in 2005

Lot Details

  • 1,470 Sq Ft Lot
  • No Common Walls
  • Stone Wall
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 5,205 Sq Ft Home
  • Elevator
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Powder Room

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1-01847-0001

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,511

Year Built

Built in 1889 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1889
  • Year Built Effective: 2005
  • Attribution Contact: 914-636-6700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Eat-in Kitchen, Elevator, Formal Dining Room, Master Bath, Powder Room, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 5205.00
  • Square Footage: 5205.00

Exterior Features

  • Construction Materials: Brick, Stone
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Electric, Natural Gas, Forced Air
  • Hot Water: Gas Stand Alone
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Size Area: 0.0300
  • Lot Size Sq Ft: 1470.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 1-01847-0001
  • Property Attached: No

Rental Info

  • Tenant Pays: See Remarks

Tax Info

  • Close Date: 2023-01-19
  • Tax Annual Amount: 32511.00
  • Tax Map Number: 1-01847-0001

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

MLS Schools

  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jan 18, 2023
Sold by
Beutel As Surviving Joint Marjorie A
Bought by
290 Manhattan Llc
Seller's Agent
MaryAnn Giacobbe
Houlihan Lawrence Inc.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$5,875,000
Sold Price
$5,250,000
Premium/Discount to List
-$625,000
-10.64%
Total Days on Market
139
Views
21
Current Estimated Value
$4,897,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$352,926
Avg. Annual Appreciation
-0.02%
Original Mortgage
$1,935,761
Outstanding Balance
$1,889,448
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,358,202

Purchase Details

Closed on
Jun 3, 1999
Sold by
290 Manhattan Ave Corp
Bought by
Ganzer Keith M and Beutel Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
7.09%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Kaplow Esq Alicia
Bought by
290 Manhattan Ave Corp

Range of Values:

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Average Value
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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
290 Manhattan Llc $5,145,000 --
Ganzer Keith M $500,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 290 Manhattan Llc $1,935,761
Previous Owner Beutel Marjore A $480,000
Previous Owner Beutel Marjorie A $1,452,569
Previous Owner Beutel Marjorie A $1,000,000
Previous Owner Beutel Marjorie A $1,076,618
Previous Owner Ganzer Keith M $47,640
Previous Owner Ganzer Keith M $368,050
Previous Owner Ganzer Keith M $325,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $5,250,000 -4.4% $1,009 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $5,490,000 -6.6% $1,055 / Sq Ft
05/05/2022 05/05/22 For Sale $5,875,000 -- $1,129 / Sq Ft
Source: OneKey® MLS

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 $34,862 $173,574 $154,440 $104,360
2023 $33,256 $163,751 $54,577 $109,174
2022 $30,839 $491,460 $154,440 $337,020
2021 $32,511 $432,120 $154,440 $277,680
2020 $32,454 $386,460 $154,440 $232,020
2019 $30,258 $448,260 $154,440 $293,820
2018 $27,817 $136,459 $75,814 $60,645
2017 $26,243 $128,736 $80,448 $48,288
2016 $25,736 $128,736 $85,426 $43,310
2015 $14,428 $127,770 $85,200 $42,570
2014 $14,428 $120,538 $68,319 $52,219
Source: Public Records

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Source: OneKey® MLS

MLS Number: KEY6159153

OneKey® MLS

APN: 1847-0001