8 months on rocket

514 W 142nd St, New York City, NY, 10031

$1,999,999

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
4,930 SqFt
$406/SqFt
Townhouse

Location

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514 W 142nd St, New York$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built1910
CoolingCentral Air
FireplaceOther
ViewOther
MLS #RPLU-1032522944142
StatusActive

About 514 W 142nd St

<p>All opens houses are by appointment only, please contact us to schedule a viewing prior to showing up to the property.</p> <p>Not only is this property a 6% cap rate, but it's also eligible for a first time home buyer program that includes 15% down, No PMI, and below market interest rates.</p> <p>Description: This stunning five-story townhouse located on a picturesque tree-lined block in Harlem is a rare find, boasting nearly 5,000 square feet of prime real estate at an irresistible price. This classic multi-family townhouse offers an excellent opportunity for families looking for more space while also generating income from free-market tenants.</p> <p>What sets this property apart is the impressive four-bedroom owner's triplex with garden access, which spans almost 3,000 square feet and features radiant heat on the lowest floor. This owner's unit is perfect for families seeking more space and looking for a comfortable living arrangement. Additionally, the building comes with central air, separate gas meters, and separate electric meters for added convenience.</p> <p>With oak hardwood floors throughout, there is plenty of room to accommodate a variety of living arrangements. This property also includes two floor-through two-bedroom units, making it an excellent investment for those seeking rental income.</p> <p>Conveniently located a few steps away from fashionable Convent Avenue and City College, this townhouse is also within close proximity to transportation options including the A/B/ C/D and 1 subway lines, and the M3, M5 and M100 bus lines. Riverside Park, City College of New York, Columbia Medical Center, New York Presbyterian, and local restaurants are also within reach, making this townhouse the perfect choice for families looking for a spacious and convenient living space in the heart of Harlem.</p>

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 4,930 SqFt

Listing Office:

  • Office Name: Serhant
  • Office Phone: (646) 480-7665
  • Listing Agent: Stanley Montfort
  • Agent Phone: (908) 414-6006

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: Other

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $406/SqFt
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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

514 W 142nd St vs New York

268 DAYS ON ROCKET

+183 Days

$1,999,999

+$1.1M More

$406/SqFt

-$262 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $262/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-1032522944142

Listing Office:

  • Office Name: Serhant
  • Office Phone: (646) 480-7665
  • Listing Agent: Stanley Montfort
  • Agent Phone: (908) 414-6006

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, 5:20:55 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

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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-1037278
6
/10
  • P.S. 192 Jacob H. Schiff School

  • 500 W 138th St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-1037279
3
/10
  • P.S. 153 Adam Clayton Powell School

  • 1750 Amsterdam Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-1037280
6
/10
  • Hamilton Heights School

  • 1750 Amsterdam Ave

  • 0.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,848. Residents of New York, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 W 142nd St

What is the listing price of this property?

The listing price of 514 W 142nd St property is $1,999,999.

What type of property is this?

The property 514 W 142nd St is a townhouse located in New York City, New York, 10031.

Is this property for sale now?

Active Listing: 514 W 142nd 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 514 W 142nd St has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 514 W 142nd St is 4,930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 W 142nd St is 1910.

Rocket HomesNew YorkNew York10031514 W 142nd St

This home is located at 514 W 142nd St in New York City, NY and zip code 10031 in the Hamilton Heights neighborhood. This 4,930 square foot home was built in 1910. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,999,999.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

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

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