1400 5th Avenue, Unit 3L

$800,000
Price
2
Beds
2
Baths
1,046 Sq. Ft.
$765 / Sq. Ft.
1,046
Sq. Ft.
$765
per Sq. Ft.

Description

Are you looking for an investment property at an amazing price with upside potential? Look no further! Residence 3L at 1400 Fifth Avenue is a sun-filled, south-facing two bedroom, two bath home in a full service condominium with oversized living and separate dining area. All rooms face south and overlook peaceful building gardens. The modern, updated kitchen features a bar-height pass-through to the dining area and modern white cabinetry, granite countertops, new oversized stainless steel sink, upgraded...Are you looking for an investment property at an amazing price with upside potential? Look no further! Residence 3L at 1400 Fifth Avenue is a sun-filled, south-facing two bedroom, two bath home in a full service condominium with oversized living and separate dining area. All rooms face south and overlook peaceful building gardens. The modern, updated kitchen features a bar-height pass-through to the dining area and modern white cabinetry, granite countertops, new oversized stainless steel sink, upgraded lighting, beautiful new ceramic tile floors. The primary bedroom has a large ensuite bathroom and the second bath is in the hallway adjacent to the second bedroom. Both bedrooms can easily accommodate a king-sized bed, This move-in ready home has been freshly painted to match the newly installed floors throughout the apartment.

1400 Fifth Avenue is one of NYC's first green buildings. This pet-friendly condominium offers excellent amenities including a full time doorman, live-in super, a beautifully-landscaped private courtyard garden, a newly refurbished community room, a children’s playroom, private storage, bike storage, and laundry rooms on all floors from the third floor up. The building allows parents buying for kids. There is also a parking lot with deeded spaces. Nestled between Central Park, Morningside Park, and Marcus Garvey Park, there are recreational facilities in close proximity. One block to the 2 & 3 express trains and close to the 6, B, and C lines add to the desirability of this central location. In addition to the # 116 and # 102 and the #1 Fifth Avenue bus lines right on the corner, the # 7 is just one block away, allowing for easy access to central business locations and the Harlem shopping hub on 125th Street which includes Whole Foods, Marshall’s and the legendary Apollo Theatre. Enjoy music in some iconic local restaurants including Red Rooster, Sylvia’s, Settapani, and Lido. Nearby recreational facilities include The Conservatory Gardens and the rustic North Woods in Central Park. A state-of-the-art recreation center is nearing completion which will contain an Olympic-sized swimming pool for recreational and competitive events, as well as a skating rink and other features for competitive sports enthusiasts. Directly across the street from Central Park is The Museum of the City of New York and Mt. Sinai Hospital. Keep in mind the HDFC income requirement: the gross annual income for all occupants may not exceed $333,500. Additionally, the property benefits from a tax abatement which expires in 2032. There is a 3% flip tax, paid by the buyer.

Property Details for 1400 5th Avenue, Unit 3L

Zoning
C4-5X
View
Garden, ParkGreenbelt

Open Houses

Sunday, Nov 24th

12:00 PM - 1:00 PM

Public

LISTING UPDATED: 11/15/2024 09:42 AM

Property Details for 1400 5th Avenue, Unit 3L

StatusActive
MLS IDPRCH-35198917
Days on Market64
Taxes$19 / month
Common Charges$1,186 / month
Min. Down Pymt10%
Total Rooms4.0
Compass TypeCondo
MLS TypeCondo
Year Built2003
CountyNew York County

Building

1400 5th Ave

129 Units8 StoriesBuilt in 2003

Building Information for 1400 5th Avenue, Unit 3L

Building/Complex1400 5th AveFloor3Stories8Residences129Pet PolicyAllowedYear Built2003Building AgePost-warBuilding TypeLowrise

Property Information for 1400 5th Avenue, Unit 3L

Summary
Location and General Information
  • Subdivision Name: Harlem
  • Stories Total: 8
  • Direction Faces: South
  • Exposures: South
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 7501
  • Tax Block: 01599
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $3
  • Building Tax Lot: 7501
  • Tax Monthly Amount: 19.0
  • Tax Abatement Comments: Tax abatement expires in 2032.
  • Tax Abatement Expiration Year: 2032.0
  • Tax Abatement YN: true
Parking
  • Parking Features: ElectricVehicleChargingStations
  • Garage: Yes
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 1046.0
  • Building Area Total: 194790.0
  • Lot Features: Garden
  • Lot Size Dimensions: 201.83 x 344.17
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: Garden, Courtyard
  • Building Laundry Features: OnCommonFloor
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • New Construction: No
  • Structure Type: None
  • Property Condition: Excellent
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden, Courtyard
  • Other Structures: Garages
Interior Features
  • Cooling: CentralAir
  • Entry Level: 3
  • Appliances: Dishwasher
  • Fireplace: No
  • Furnished: Unfurnished
  • Heating: Central
  • Interior Features: Elevator, Storage
  • Kitchen Condition: Excellent
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: OnCommonFloor
  • Bathroom Condition: Good
  • ElevatorsTotal: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 129
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: DoormanYes, DoormanFullTime
  • Owner Pays: None
  • Renting Allowed: Yes

Property History for 1400 5th Avenue, Unit 3L

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1400 5th Avenue, Unit 3L

Taxable ValueLand$6,461Additions$70,898Total$77,359
Home Facts
Total Finished SqFt1,046 SqFtLot Size0 SqFtYear Built2003ZoningC45XAPN1015991090

Schools near 1400 5th Avenue, Unit 3L

This home is within New York City Geographic District # 3.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
PS 149 Sojourner Truth
PublicPK to 8

Jhs 54 Booker T Washington
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1400 5th Avenue, Unit 3L is a condo for sale in Harlem. This property was listed for sale on September 18, 2024 by Sothebys International Realty, it's currently listed at $800,000. It has been on the market for a total of 64 days and was last sold on October 19, 2004. This listing's school district is New York City Geographic District # 3. Nearby schools include PS 149 Sojourner Truth, Wadleigh Secondary School for the Performing and Visual Arts and Frederick Douglas Academy II Secondary School. 1400 5th Avenue, Unit 3L is a 2-bed, 2-bath, 1,046 sqft condo built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

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