6 months on rocket

273 Pleasant Ave, New York City, NY, 10029

$2,495,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
Townhouse

Location

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273 Pleasant Ave, New York$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1900
HeatingBaseboard, Natural Gas
BasementYes
MLS #COMP-1556755687940698737
StatusActive

About 273 Pleasant Ave

Introducing a distinguished income-generating property at 273 Pleasant Ave, nestled in the vibrant neighborhood of East Harlem. This prime free market, value-add property is ready for a new owner seeking either passive income or a redevelopment opportunity. The property features One 1 bed, 1 bath and Three 2 bed, 1bath apartments. There are 13-foot ceilings on the 2nd floor, exposed brick a delightful rear garden for the first floor tenant and an offering of everyday conveniences central to this pocket of Harlem. 273 Pleasant Ave offers four fully free-market units, offering versatility and the potential for substantial income. Rents are current and roughly 52% below market rate for comparable renovated units. Located near the beautiful Thomas Jefferson Park which offers numerous sports fields, a dog park, and community pool on the Harlem River waterfront. The property is also located at the doorstep of the Manhattan Center for Science and Mathematics, as well as the iconic (and impossible to get a reservation) Rao’s Italian restaurant. Offering an impressive proforma cap rate of 5.5% and situated between two properties that are in the process of being redeveloped, this property has can be delivered vacant, or with tenants in place to maintain cash flow while the purchaser finalizes plans to reposition the property. Seize this excellent opportunity to invest in East Harlem — a property that promises not just returns but also the potential to make a unique mark in a thriving community. **As per owner, no access will be allowed until after accepted offer.**

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1900

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Sean Sasso
  • Agent Phone: (917) 702-6660

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Interior: High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Garden, Private Yard

Parking Information:

  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

273 Pleasant Ave vs New York

203 DAYS ON ROCKET

+119 Days

$2,495,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more 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: #COMP-1556755687940698737

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Sean Sasso
  • Agent Phone: (917) 702-6660

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: 11/14/2024, 5:21:01 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

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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-252796
2
/10

  • P.S. 155 William Paca School

  • 319 E 117th St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-252797
4
/10

  • River East Elementary School

  • 2351 1st Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-252798
7
/10

  • P.S. 83 Luis Munoz Rivera School

  • 219 E 109th St

  • 0.40 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,519. The majority of New York, NY residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 273 Pleasant Ave

What is the listing price of this property?

The listing price of 273 Pleasant Ave property is $2,495,000.

What type of property is this?

The property 273 Pleasant Ave is a townhouse located in New York City, New York, 10029.

Is this property for sale now?

Active Listing: 273 Pleasant Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 273 Pleasant Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The sq. ft. of 273 Pleasant Ave is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 273 Pleasant Ave is 1900.

Rocket Homes›New York›New York›10029›273 Pleasant Ave

This home is located at 273 Pleasant Ave in New York City, NY and zip code 10029 in the East Harlem neighborhood. This home was built in 1900. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,495,000.

In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while 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%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

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

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