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$1,175,083
List price: $1,195,000
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305 East 140th Street #5A
Condo in Mott Haven •  building info
3bd • 1ba • 1,981 ft² $603 per ft²
Buy with Yoreevo

$1,175,083

List price

$1,195,000

Open Sun, Dec 5 (1pm - 4pm) (by appt.)
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Key Details
Days on market
168
Last price change
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Estimated payment
$7,575
Taxes
Monthly common charges
$1,050
Description
Open house by appointment only. Contact the listing agent for more information and to schedule an appointment. A very rare opportunity to own an authentic NYC residential loft. With a sprawling 1,981-square-feet, and set in the heart of Mott Haven, this beautiful home features 100-year-old original maple floors, 12-foot ceilings, exposed brick walls, and exposed original wooden beams and columns. Unit 5A is a top-floor corner loft flooded by natural light that pours in through a 35-foot wall of south-facing windows including additional windows in the bedrooms facing East. Residents will enjoy abundant space and feel comfortable while also being able to work from home. This loft is ideal for a live/work buyer or anyone looking to own a unique, special, and creative space. Units at Bronx Bricks benefit from significantly low utility bills. Solar panels housed on the building's roof help to negate the electrical bills for all the unit owners (for this unit, a $119 electric bill is average). Common charges are only $1,050 and heat is included. A J-51 tax abatement is in effect for the next five years. This loft offers a spacious living area, work area, and dining area, and two generously sized bedrooms as well as a third room which is used as a den and workout area. The open kitchen features a breakfast bar, stainless steel appliances, and a dishwasher. There is ample room for a washer/dryer to be installed if needed. Originally built as a sewing factory, Bronx Bricks is an authentic NYC loft that was converted to condominium in 2008. The building is equipped with a large elevator, free laundry room, and a deeded 345 square-foot storage unit in the basement. Free bike storage is also available. Additionally, the building features a fantastic art gallery on the ground floor, Bronx Art Space which features some of NYC's most talented burgeoning artists. It is truly almost impossible to find a residential loft such as this anymore in NYC for under $2M. The building's proximity to transportation is fantastic and a Manhattan-commuter's dream: 25 minutes to Grand Central via the 4 and 5 express trains at 138th Street/Grand Concourse; the 6 local train is 2 short blocks away at 138th Street in front of the 40th precinct station house. The number 2 express train is located at 149th Street and Third Avenue. For commuters heading north and into Westchester County and Connecticut, or simply heading out of The City, the Metro-North station hub at 125th Street is one train stop away or a taxi can also get you to the Yankees-E 153rd Street Metro-North stop in 5 minutes. The Mott Haven branch of the New York Public Library is just a few doors down. Alexander Avenue, which was nicknamed as 'Bedford 2.0', is just at the end of the block, with rows of highly coveted brownstones and historic district. Mott Haven has recently exploded with new development, investor interest, and renovation along the Harlem River. Over 3,000 luxury rental units are coming online in the next 5 years. Historic townhouses are selling very fast. New restaurants, bars, art galleries, and coffee shops are opening every month. This is truly an exciting time to be in the South Bronx.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Virtual Doorman
  • Storage Available
  • Laundry in Building
LISTING AMENITIES
  • Laundry
  • Storage
  • City View
  • Dining Room
  • Bicycle Room
History
What it'll cost
Purchase price
$1,195,000
Asking Price: $1,195,000
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.0 %
Mortgage Amount
$1,075,500
Mortgage Payment
$6,448
Common Charges
Taxes
$77
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $7,575
Buy your dream home with us and get an estimated
$19,917 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
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