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16 E 98th St Unit 1C, New York City, NY, 10029

$695,000

Home List Price

$8,253*

Closing Credit

1 Bedroom
1 Full Bath
Condo

Location

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16 E 98th St Unit 1C, New York$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1919
CoolingOther
ViewOther
MLS #RPLU-21923263117
StatusActive

About 16 E 98th St Unit 1C

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-a-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. There is currently a monthly assessment of $1,100 until February of 2025 for roof work.<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
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Housing Market Comparison

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

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

16 E 98th St Unit 1C vs New York

33 DAYS ON ROCKET

-52 Days

$695,000

-$155.1K Less

KEY TAKEAWAY

This property is $155.1K 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-21923263117

Listing Office:

  • Office Name: Brown Harris Stevens Residential Sales LLC
  • Office Phone: (212) 906-9234
  • Listing Agent: Matthew Hughes
  • Agent Phone: (212) 906-9351

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: 12/18/2024, 10:20:55 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

$4,842

Per 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.

Nearby Schools

school-card-donut-111055
7
/10
  • P.S. 198 Isador E. Ida Straus School

  • 1700 3rd Ave Frnt 1

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-111056
9
/10
  • PS 77 Lower Lab School

  • 1700 3rd Ave

  • 0.32 miles

  • Public Magnet Grades KG-5

school-card-donut-111057
3
/10
  • Central Park East I

  • 1573 Madison Ave

  • 0.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,306. The most common annual income of people living in New York, NY is $200k+. Most families are single, no kids. Most residents in this area have post secondary degree education.

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.

Rocket HomesNew YorkNew York1002916 E 98th St Unit 1C

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 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. Between October 2024 and November 2024, New York, NY real estate market has seen decrease in the number of listings by 7.2%. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.

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

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