Step into Apartment 1C at 16 East 98th Street, a beautifully renovated one-bedroom, one-bathroom home with a relaxed modern design. Complete with a sleek wine bar, pocket doors, wide plank oak floors, and a palette of soft neutrals, this home exudes a refined and warm minimalist mood.<br> <br> High ceilings and large windows allow in natural light throughout the day, complemented by southern exposures that overlook the building's lush communal garden. Intertwined with the living and dining areas, the open chef's kitchen is both functional and welcoming with a large island, custom cabinetry, quartz countertops, and premium Bertazzoni appliances.<br> <br> The south-facing bedroom is tucked away and surrounded by closets as well as the attractive and bright bathroom with a tub. The apartment is also ready for an in-unit washer and dryer to be installed, adding extra convenience to this serene escape from city life.<br> <br> Built in 1925, 16 East 98th Street is a well-established and pet-friendly cooperative where residents enjoy access to a lovely garden with a grill, a central laundry room, private storage options, an elevator, and a live-in superintendent. Nestled just half a block from Central Park and surrounded by some of New York's finest cultural institutions - including the Guggenheim, MET, and Cooper Hewitt, Smithsonian Design Museum, all on Museum Mile - this location offers a balance of cultural access and tranquility.<br> <br> Whether you're looking for a full-time residence or the perfect pied- -terre, this apartment is a true sanctuary. Co-purchasing, parent purchasing, and subletting are all permitted with board approval. The building allows for 80% financing and there is a 2% flip tax. <br>
Property Details
Property Features
Property Information:
Year Built: 1919
Listing Office:
Office Name: Brown Harris Stevens Residential Sales LLC
Office Phone: (212) 906-9234
Listing Agent: Matthew Hughes
Agent Phone: (212) 906-9351
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
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $695,000
HOA Fees:
Amount: $1306
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
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: 11/17/2024, 8:20:50 AM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,842
Per Month
Principal & Interest
$3,469
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,306
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,150
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
P.S. 198 Isador E. Ida Straus School
1700 3rd Ave Frnt 1
Distance between this listing and this school0.32 miles
Public District Grades PK-5
9
/10
PS 77 Lower Lab School
1700 3rd Ave
Distance between this listing and this school0.32 miles
Public Magnet Grades KG-5
3
/10
Central Park East I
1573 Madison Ave
Distance between this listing and this school0.45 miles
Public District Grades PK-5
Nearby Schools
9
/10
P.S. 171 Patrick Henry School
19 E 103rd St
Distance between this listing and this school0.29 miles
Public District Grades KG-8
4
/10
The Lexington Academy
131 E 104th St
Distance between this listing and this school0.39 miles
Public District Grades PK-8
5
/10
East Harlem Scholars Academy Charter School II
1573 Madison Ave Rm 320
Distance between this listing and this school0.45 miles
Public Charter Grades PK-8
Nearby Schools
5
/10
Capital Preparatory (Cp) Harlem Charter School
1 E 104th St
Distance between this listing and this school0.33 miles
Public Charter Grades 6-12
3
/10
Heritage School (The)
1680 Lexington Ave
Distance between this listing and this school0.44 miles
Public District Grades 9-12
7
/10
Central Park East High School
1573 Madison Ave Rm 321
Distance between this listing and this school0.45 miles
The neighbors living near this home have an average income of $124,306. Most New York, NY residents have annual incomes $200k+. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 E 98th St Unit 1C
What is the listing price of this property?
The listing price of 16 E 98th St Unit 1C property is $695,000.
What type of property is this?
The property 16 E 98th St Unit 1C is a condo located in New York City, New York, 10029.
Is this property for sale now?
Active Listing: 16 E 98th St Unit 1C is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 16 E 98th St Unit 1C has 1 bedroom and 1 bathroom.
Which year was this property built?
The year of construction for 16 E 98th St Unit 1C is 1919.
This home is located at 16 E 98th St Unit 1C in New York City, NY and zip code 10029 in the East Harlem neighborhood. This home was built in 1919. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $695,000.
While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and more than 833 were sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.