2 months on rocket

197 Edgecombe Ave, New York, NY, 10030

$1,688,000

Home List Price

$10,000*

Closing Credit

2 Full Baths, 1 Partial
3,876 SqFt
$436/SqFt
Multi

Location

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197 Edgecombe Ave, New York$1,688,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, None
Year Built1901
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
BasementYes
FireplaceStove
MLS #485656
StatusActive

About 197 Edgecombe Ave

Harlem/Hamilton Hts Brownstone-4 story 12 unit SRO w/vacancies Central Harlem Brownstone in New York City: Located in the sought-after, transit-rich neighborhood of Hamilton Heights, this attached 4-story 12-unit 3,876sqft SRO walk-up is maintained, contains some 19th-century architectural details and is ready for an owner-occupant [or your next investment]. For the benefit of an incoming purchaser, this cared-for home currently has 9 Vacant Rooms. Highlighting: Modern, neat, functional kitchens(3) and bathrooms(4); New roof (2023); Gas water heater & gas boiler (2019); Updated main electrical panel(in the basement) with circuit boxes on each floor. There are energy-efficient windows and sprinkler systems throughout. A beautiful skylight lights up the period stairwell. At the rear is a private yard that shows the 3-story building extension. This home is located in an R6A zone, so ask your architect how its FAR of 2.33 could be increased to 3.0. It is conveniently located near the world-renowned Dance Theatre of Harlem; Historic Districts; Libraries; Houses of Worship; Schools; Shops; A wide selection of buses [Bx19,M3,M10,x59,x84], and multiple subways [A,B,C,D,1,2,3]. Estimated expenses: 2024/25 real estate taxes $38,600; Insurance $8,000; Water $4,000; Utilities $10,000. This home can work for you. My motivated owner will respond to thoughtful emailed offers accompanied by documented proof of funds/financing.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1901
  • Stories: 3
  • Living Area: 3,876 SqFt

Listing Office:

  • Office Name: MC Realty Consulting & Mgt.Inc

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Ceramic, Hardwood, Laminate
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,688,000
  • Price Per SqFt: $436/SqFt

Tax Information:

  • Annual Amount: $23,138
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

197 Edgecombe Ave vs New York

84 DAYS ON ROCKET

-0 Day

$1,688,000

+$831.8K More

$436/SqFt

-$209 Less

KEY TAKEAWAY

This property is $831.8K more than the Median Sold Price and $209/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #485656

Listing Office:

  • Office Name: MC Realty Consulting & Mgt.Inc

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
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: 11/22/2024, 5:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$23,138$330,300
2018$4,139$32,822
2017$3,628$30,394

History based on county public records data.

Payment Calculator

$8,492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,127

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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-528839
5
/10
  • P.S. 194 Countee Cullen School

  • 244 W 144th St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-528840
3
/10
  • P.S. 153 Adam Clayton Powell School

  • 1750 Amsterdam Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-528841
6
/10
  • Hamilton Heights School

  • 1750 Amsterdam Ave

  • 0.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,094. The most common annual income of people living in New York, NY is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›New York›10030›197 Edgecombe Ave

This home is located at 197 Edgecombe Ave in New York, NY and zip code 10030 in the Hamilton Heights neighborhood. This 3,876 square foot home was built in 1901. Features: 4 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $1,688,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased 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.

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