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$6,250,000

for sale

Delisted 7/1/2010

10,625 ft²

$588 per ft²

2 rooms

Studio

0 baths

Seller's agents

Douglas Elliman

Douglas Elliman

Perry Payne

Douglas Elliman

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Listing by Douglas Elliman, Limited Liability Broker | Brokerage Listing ID: 1136469

Common charges

Not applicable

Estimated payment

$32,513/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

No info

Tax abatement

No info

About

Seller’s agent

/

Jeffrey Dyksterhouse

Unknown

Douglas Elliman

Judith Berke

Unknown

Douglas Elliman

Perry Payne

Unknown

Douglas Elliman

Description

242-244 West 103rd Street. Perfect Investment Opportunity and one of the best hedges against inflation. 2 five story multi resident walk up brownstones with 21 units. Gross Annual Income $450,736 (as of 1/1/2010). Annual Expenses $118,082. Annual Net Operating Income $332,654. 14 Rent Stabilized Units. 7 Free Market Units. No Rent Controlled Units. Rent Stabilized Units are all renting at or near Free Market value.

Policies

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Home features

No info on home features

Building amenities

No info on building amenities

About the building

242 West 103rd Street

242 West 103rd Street, New York, NY 10025

Rental building inUpper West Side

10 units

5 stories

1925 built

Property history

  • Price change: ↓ $725,000 (-10.4%) on 3/2/10
  • Days on market: 341 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

7/12/2010

$6,250,000

Delisted by Douglas Elliman

7/1/2010

$6,250,000

No longer available

3/2/2010

$6,250,000

Price decreased by 10%

12/4/2009

$6,975,000

Price decreased by 7%

10/7/2009

$7,500,000

Price decreased by 6%

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Explore Upper West Side

Transit

LocationDistance

1at 103rd St

under 500 feet

1at Cathedral Parkway–110th St

0.36 miles

123at 96th St

0.36 miles

BCat 103rd St

0.45 miles

BCat 96th St

0.53 miles

About Upper West Side

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

Sales

Median asking price

Studio

$526.95K

Rentals

Median asking base rent

Studio

$3,337

Sandwiched between two beautiful parks, the Upper West Side is one of the greenest spots in Manhattan. For that reason, it is a perennial favorite. The Upper West Side is relaxed, but never dull. There are plenty of low-key bars and restaurants to frequent along Amsterdam Avenue, and Broadway is an always-bustling commercial center. The wide, tree-lined streets still boast many mom-and-pop stores. Less posh than the Upper East Side, it is more easily accessible by public transportation, and real estate prices are just as, if not more, expensive.

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