7 Beds   5 Baths   Multi-Family
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W 131st St
New York, NY 10027

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Status: Inactive
Listing ID: 59925124
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Learn about W 131st St in New York, NY

This multi-family property is available as a foreclosure at W 131st St. Based on our analysis of the current market conditions in New York for W 131st St and comparable listings, the estimated market value is $1,972,000. The property located at multi-family has potential equity of $1,717,576. If purchased for rental purposes, the monthly rental rate could range between $1,910 and $2,870. For those interested in resale, the estimated profit from selling is $1,717,576. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at W 131st St are updated daily along with others in New York, New York.

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Property Information

  • Price: $1,999,000
  • Bedrooms: 7
  • Bathrooms: 5
  • Full Baths: 5
  • Basement: Yes
  • Lot Size: 0.05 acres
  • Heating Type: Baseboard
  • Year Built: 1910
  • Source ID: 3466942
  • Day(s) On Site: 65
  • Property Type: Multi Family Dwelling

Public Records

  • No. of Stories: 3
  • Land Area Sqft: 1,980
  • Effective Year Built: 2003
  • Year Built: 1910
  • APN: 1915-0047
  • Property Type: Apartment
  • Front Footage: 20
  • Depth Footage: 99


The property located at W 131st St in New York, NY is listed as a Foreclosure

Properties like W 131st St in New York, New York listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in New York, NY. The longer lenders own properties like this on W 131st St, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for W 131st St located in New York, NY is $2,390/month. Comparable homes around W 131st St that are rentals have monthly ranges starting as low as $1,910 per month and as high as $2,870 per month. An owner looking to use this property as an investment could bring a return in the area of $1,910 - $2,870 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Homes On This Street
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W 131st St
New York, NY 10027

7 Beds   5 Baths   Multi-Family


Status: Inactive Listing ID: 59925124

Property Information

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Public Records

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Property Description

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