Owner
$542,513
250 E 40TH ST APT 18C, NEW YORK, NY
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
0
baths
0
sq. ft.
447
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Gross Area
49 Stories
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1988
Building Size
447 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)
00920-1091
County
New York County, NY
Metro Area
New York-Newark-Jersey City, NY-NJ
Zoning
C1-9
Neighborhood/Subdivision
THE HIGHPOINT CONDOMINIUM
Lot Number
1091
School District
New York City Department Of Education
Legal Description
—
Tax & Value Information
Market Value (Total)
$151,038
Building Value
$130,894
Land Value
$20,144
Annual Property Tax
—
Tax Assessment Year
2024
Assessed Value
$63,356
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
10/27/1997
Recording Date
4/15/1998
Sales Document #
—
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
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$20,992
Return on Investment
15.60%
After Repair Value
$596,764
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
$488,262
Renovation Cost
$27,126
Closing Costs (buying)
$9,765
Holding Costs
$14,814
Selling Costs
$35,806
Total Investment
$134,543
After Repair Value (ARV)
$596,764
Total Costs
$575,772
Estimated Profit
$20,992
Cash Invested
$124,778
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
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