8 months on rocket

306 W 116th St Unit 3-B, New York City, NY, 10026

$1,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
944 SqFt
$1,324/SqFt
Condo

Location

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306 W 116th St Unit 3-B, New York$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2014
CoolingWindow Unit(s)
MLS #OLRS-00031560162
StatusActive

About 306 W 116th St Unit 3-B

2BR/2BA Condo Investment Property Welcome to your next investment opportunity. This attractive 2-bedroom, 2-bathroom condo boasts a seamless blend of comfort and convenience. Great tenant in place, the hard part has already been taken care of. It's a smart move for savvy investors seeking a turnkey solution in a sought-after neighborhood. Embrace this investment opportunity. In the heart of Harlem's restaurant row, this boutique condominium is well maintained and a community that offers both tranquility and city connections, each room of this residence tells a story of style and function. Whether you’re savoring a morning espresso or enjoying an evening breeze, the inviting balcony space adds an element of relaxation to urban life.

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Living Area: 944 SqFt

Listing Office:

  • Office Name: Nest Seekers LLC
  • Office Phone: (212) 252-8772
  • Listing Agent: Jennifer McClaren
  • Agent Phone: (646) 623-5900

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Interior: Entrance Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Building Storage, Balcony, Building Roof Deck

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $1,324/SqFt

HOA Fees:

  • Amount: $1147
  • 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

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

306 W 116th St Unit 3-B vs New York

254 DAYS ON ROCKET

+169 Days

$1,250,000

+$399.8K More

$1,324/SqFt

+$656 More

KEY TAKEAWAY

This property is $399.8K more than the Median Sold Price and $656/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #OLRS-00031560162

Listing Office:

  • Office Name: Nest Seekers LLC
  • Office Phone: (212) 252-8772
  • Listing Agent: Jennifer McClaren
  • Agent Phone: (646) 623-5900

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: 12/23/2024, 1:20:55 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

$7,453

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-1127134
4
/10

  • STEM Institute Of Manhattan

  • 240 W 113th St

  • 0.19 miles

  • Public Magnet Grades KG-5

school-card-donut-1127135
9
/10

  • Success Academy Charter School-Harlem 4

  • 240 W 113th St Fl ST-3rd

  • 0.19 miles

  • Public Charter Grades KG-4

school-card-donut-1127136
7
/10

  • Sisulu-Walker Charter School of Harlem

  • 125 W 115th St

  • 0.30 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,842. Most New York, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 306 W 116th St Unit 3-B

What is the listing price of this property?

The listing price of 306 W 116th St Unit 3-B property is $1,250,000.

What type of property is this?

The property 306 W 116th St Unit 3-B is a condo located in New York City, New York, 10026.

Is this property for sale now?

Active Listing: 306 W 116th St Unit 3-B is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 306 W 116th St Unit 3-B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 306 W 116th St Unit 3-B is 944 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 306 W 116th St Unit 3-B is 2014.

Rocket Homes›New York›New York›10026›306 W 116th St Unit 3-B

This home is located at 306 W 116th St Unit 3-B in New York City, NY and zip code 10026 in the Central Harlem neighborhood. This 944 square foot home was built in 2014. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,250,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The number of listings in New York, NY decreased by 7.2% between October 2024 and November 2024. 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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