1 year on rocket

502 E 118th St, New York City, NY, 10035

$2,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
5,298 SqFt
$472/SqFt
Townhouse

Location

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502 E 118th St, New York$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Garage
Garage6 spaces
ViewOther
MLS #RPLU-33422270259
StatusActive

About 502 E 118th St

First offering in 53 years, this three family townhouse with attached garage is extremely rare. This L shaped lot has approximately 12,164 buildable square feet and has 45 feet of frontage on East 118th Street. The 45 feet of frontage is best described in two parts, first the townhouse section is built 20 feet wide by 100 feet deep. Adjacent to that is the garage, which can fit up to 6 cars in it's current configuration, and that is 25 feet wide by 50 feet deep. Please see attached floor plan and video for more information. <br><br>Located on a beautiful cobblestone street cul-de-sac, this convenient location is 1 block away from the East River Plaza mall which has Costco, Target, Marshalls, Aldi and Burlington Coat Factory and Planet Fitness, just to name a few. One block south you can take the 116th Street crosstown bus and the closest subway is the 6 train at 116th Street. Not only is public transportation incredibly convenient, the FDR entrance/exit is two blocks away and there is a bike/walking path.<br><br>The possibilities are endless, contact us for an appointment to view this unique property today.

Property Details

Property Features

Property Information:

  • Living Area: 5,298 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Caroline Bass
  • Agent Phone: (646) 703-2053

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Assigned, Garage

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $472/SqFt
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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

502 E 118th St vs New York

676 DAYS ON ROCKET

+591 Days

$2,500,000

+$1.6M More

$472/SqFt

-$196 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $196/SqFt less 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: #RPLU-33422270259

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Caroline Bass
  • Agent Phone: (646) 703-2053

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: 12/22/2024, 12:20:56 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

$7,562

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-971518
2
/10

  • P.S. 155 William Paca School

  • 319 E 117th St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-971519
4
/10

  • River East Elementary School

  • 2351 1st Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-971520
7
/10

  • P.S. 83 Luis Munoz Rivera School

  • 219 E 109th St

  • 0.55 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. Most New York, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 E 118th St

What is the listing price of this property?

The listing price of 502 E 118th St property is $2,500,000.

What type of property is this?

The property 502 E 118th St is a townhouse located in New York City, New York, 10035.

Is this property for sale now?

Active Listing: 502 E 118th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 502 E 118th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 502 E 118th St is 5,298 SqFt (source: MLS/tax record).

Rocket Homes›New York›New York›10035›502 E 118th St

This home is located at 502 E 118th St in New York City, NY and zip code 10035 in the East Harlem neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 14, 2023 and is currently priced at $2,500,000.

New York, NY housing market in November 2024 saw over 220 listings sold above listed price, more than 769 sold at listed price and over 758 sold below. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $850,115 during the same period.

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

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