Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
249 E 118TH Street #7B
Closed For Sale Condo

$549,000

249 E 118TH Street #7B

East Harlem, Manhattan

THE IVY CONDOMINIUM

MLS® #RLS10050007

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

N/A

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 2006
Ownership Condo
HOA/Common Charges $827/mo
Property Taxes $828/yr
Neighborhood East Harlem

Property Highlights

  • Exposure: North,South facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths null Full
Exposure North,South
Pets Yes
Cross Street SECOND & THIRD
Year Built 2006 (New)
Parcel # 1783-1022

Listing History

Event Date Price Change
Listed Oct 3, 2012 $574,000 -
Currently May 19, 2026 $549,000 -4.4%

Description

East Harlem CONDO 2 BR, 2 BTH with Balcony, AMAZING VIEWS, Part-Time Doorman - New Construction (2006) This beautiful home has a very spacious spit bedroom layout with 180 degree panoramic views facing south. The apartment features , GE Washer and Dryer, Video Intercom, High speed internet, cable and phone wiring, plus wall to wall Italian imported sound resistant windows, recessed lighting and individually controlled heating and air conditioners. The kitchen features custom quartz Caesar Stone countertops and cabinetry, GE Profile appliances including microwave, dishwasher, refrigerator, and gas stove. . The full sized bathrooms are tastefully designed and incorporate luxurious finishes such as Honey Onyx marble, subway tile, natural stone, glass tile and Danze Parme fixtures including sunflower shower heads. The Ivy has a part-time doorman, common patio accessible from the lobby and fitness room. Located just a few blocks away from the Subway (E116 and Lexington) and Cross-town bus, The Ivy is convenient to all including the East River Plaza only 3 blocks away which includes Costco, Target, Best Buy, Marshalls, Old Navy, PetSmart. Real Estate Taxes shown reflect the effect of the 25 year 421A Tax Abatement which expires in 2033. Apartment Features: North exposure, Full city view, Dishwasher Building Features: Courtyard, Exercise room, Private storage, Video security, Cable TV ready, Health club

Features & Amenities

Interior Features

Common Area

Exterior Features

Building Courtyard Building Garden

Building Information

Financial Details

Common Charges $827/mo
RE Taxes $828/yr ($69/mo)
Original Price $574,000

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

69

Median Asking Price

$745K

Median $/Sqft

$825

Avg Days on Market

N/A

New This Week

3

Price Reduced

30%

Sold (30 Days)

1

Median Sale Price

$2.56M

Live data from RLS at REBNY • Updated 5/18/26, 10:10 PM EST

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Location

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249 E 118TH Street #7B, East Harlem, New York County • Near SECOND & THIRD

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
10
Floors
28
Residential Units
R9A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,774,605
Land Value: $325,351
Exemptions: $3,613,017

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,200 SF
Building Area: 28,389 SF
Built FAR: 5.46
Allowed FAR: 7.52

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $827 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $828, or roughly $69 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 2006, making it approximately 20 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10050007
First Listed: 10/3/2012
Closed: 5/11/2013

Listing Courtesy of The Corcoran Group - Jon Abeles

Listing Contact: (212) 401-1908

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/19/2026 at 2:10 AM UTC

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