$835,000
Updated 11 years ago
Sold

The Ivy

249 East 118th Street, 9-A

East Harlem, Manhattan | Second Ave & Third Ave

5 Rooms2 Beds2 Baths1,044 Square FeetCondo

$835,000
Common Charges$727
RE Taxes$59
Price Per SF
$800

This property was sold for $835,000 on 12/02/15.

Listing Features

  • Corner Apartment
  • Hardwood Floors
  • Recessed Lighting
  • Solarium
  • Washer / Dryer
  • Dishwasher
  • Pass Thru Kitchen
  • S Steel Appliances
  • Pedestal Sink
  • Whirlpool

Outdoor space and views

  • Balcony
  • Wrap Terrace
  • Skyline Views
  • South Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman
  • Cold Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 249 East 118th Street, 9-A

Great investment opportunity with an excellent tenant in place, paying $3,300 monthly. Existing lease term ends on 8/31/2015. 421-A tax abatement ends 6/30/2033.

Two private balconies and a wrap terrace entered through a custom solarium provide the single best private outdoor space available in the area. South and west facing for amazing midtown skyline and sunset views.

Oversized double-pane windows maximize natural light and minimize sound. This gem also features its own hot water/heating/air conditioning unit and stackable washer and dryer and dishwasher. Solid maple floors throughout. The pass thru kitchen has solid wood cabinetry accentuated by modern glass tile backsplash, recessed lighting, Quartz Caesar stone countertops, and GE stainless steel appliances. The master bath is luxuriously appointed with marble floors, tastefully accented tile walls, whirlpool and quartz countertops. The guest bathroom offers stone floors with glass insets and a pedestal sink.

Includes private basement storage unit.

The Ivy Condo offers great proximity to a wide variety of goods and services spanning from authentic neighborhood restaurants to major national retailers at nearby East River Plaza. Great proximity to FDR, parking, public transport including Metro-North Harlem stop at 125th Street, and even the future Second Avenue subway afford maximum convenience and accessibility.

Building Details for 249 East 118th Street

OwnershipCondo
Building TypeMid-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2007
Financing Allowed90%
Floors/Apts10/28
Learn More About the Building

Transit and Citi Bike

Subway

116 St
0.2 miles
125 St
0.36 miles
110 St
0.43 miles

Railroad

Harlem-125 StMetro-North Railroad
0.44 miles

Citi Bike

E 118 St & 3 Ave
0.06 miles
Lexington Ave & E 120 St
0.2 miles

Contact Agents

Contact Agents

Ray Schmitz
Oxford Property Group
Maria Forgo
Oxford Property Group

East Harlem | Manhattan

Quick Profile

Take a stroll through East Harlem and you’ll find a vibrant, culturally diverse neighborhood, which is evident no matter which direction you look. East Harlem is also known as Spanish Harlem, El Barrio, and “The Neighborhood,” as it is home to a population that represents Hispanic immigrants, primarily from Puerto Rico, as well as from Mexico, Cuba, and the Dominican Republic. These immigrants brought their cultures with them, in the form of music, dance, art, and food. During the day, you’ll find the neighborhood filled with opportunities to experience Latin culture. Both the salsa dance craze and the graffiti style of art were born right in East Harlem. There are many great places to sample authentic cuisine, from Rao’s (where you cannot get a table unless you inherit one, and any reservations must be booked years in advance) to sidewalk carts, where you can get the best “street meat” to be had in NYC.

In East Harlem you’ll find a number of innovative educational opportunities in the form of specialized and charter schools that are considered top-notch. Many of these have very competitive admissions criteria and offer curricula that focus on creativity and social awareness. Such schools are a draw for young families that want to raise their children in an educational system that goes above and beyond the standard.

The vibe of East Harlem is one of community and neighbors that interact with each other routinely. There are many small, family-owned and -operated businesses and restaurants that have been neighborhood anchors for years. As you stroll through East Harlem, you will be immersed in sights, sounds and flavors that are straight from Latin American or the Caribbean islands, sometimes both at once. You can sample Puerto Rican-inspired plantain mofongo, which is mashed plantains with garlic and pork rinds, from local sidewalk carts. Or if it is a hot summer’s day, you might enjoy a Mexican-inspired licuado, which is a blended drink similar to a smoothie, made with milk, fruit, and ice. Sometimes, spices, citrus juices, and sugar are added. Although you will find an abundance of authentic cuisine and music no matter where you look in East Harlem.

Prefer to cook at home? East River Plaza offers Target, Costco, and Aldi stores, all of which offer fresh food at reasonable prices.

East Harlem housing consists of more affordable walk-ups, low-rise pre-war buildings, brownstones, and is dominated housing complexes. You can find some comparatively large apartments at reasonable price points, and even some rent-stabilized apartments. Luxury co-op and condo units are being built on the southern boundary of East Harlem. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 362603