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Owner
$1,478,593
250 SOUTH ST # 58G, NEW YORK, NY
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
0
sq. ft.
688
property type
Condominium Unit (Residential)
hoa
Yes

About

Residential
Gross Area
72 Stories

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
2015
Building Size
688 sq ft
Lot Size
0 sq ft
Lot Size (Acres)

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
00248-1601
County
New York County, NY
Metro Area
New York-Newark-Jersey City, NY-NJ
Zoning
Neighborhood/Subdivision
Lot Number
1601
School District
New York City Department Of Education
Legal Description

Tax & Value Information

Market Value (Total)
$358,543
Building Value
$330,015
Land Value
$28,528
Annual Property Tax
Tax Assessment Year
2024
Assessed Value
$153,475
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
11/20/2023
Recording Date
12/1/2023
Sales Document #
2023.314933
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$57,214
Return on Investment
15.60%
After Repair Value
$1,626,452

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$1,330,734
Renovation Cost
$73,930
Closing Costs (buying)
$26,615
Holding Costs
$40,373
Selling Costs
$97,587
Total Investment
$366,691
After Repair Value (ARV)
$1,626,452
Total Costs
$1,569,239
Estimated Profit
$57,214
Cash Invested
$340,076
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area