--- title: "249 East 118th Street #3B, New York City, NY 10035" description: "249 East 118th Street #3B, New York City, NY 10035 — East Harlem, New York City, NY. Listing Price $465,000. In contract 8/24/2026. 1 bed, 1 bath, 565 sqft Illustrative Buyer Commission Share of $6,975 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10035/249-east-118th-street-3b-ny-10035" source: "Real Estate Rebate Team" dateModified: "2026-08-25T07:20:55.724Z" status: "Pending" --- # 249 East 118th Street #3B, New York City, NY 10035 East Harlem, New York City, NY Courtesy of Compass Last updated: August 25, 2026, 3:20 AM ## At a Glance - **Listing Price**: $465,000 - **Status**: In contract 8/24/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 1 - **Baths**: 1 - **Sqft**: 565 - **Common Charges**: $410 / mo - **Monthly Taxes**: $31 / mo - **Price per Sqft**: $823 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $465,000 - **Illustrative Buyer Commission Share**: -$6,975* - **Illustrative Net Cost**: $458,025 *Illustrative Buyer Savings of $6,975 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![249 East 118th Street #3B, New York City, NY 10035 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/434ab7f5-4f3c-4b71-bca3-bd9b48b4a7f8.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1034ef48-7e26-4475-8733-d090798e42fd.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66425ae8-6cc2-4dfe-b588-aa22fde34160.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6b0ee4d5-a588-4675-b0cf-e3f54fb6eec4.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1a7df7d5-b0e4-46da-a3dc-7a69b9f4ddcf.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7126c509-5139-45d4-81d1-07fa5a6317ef.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d754fdd8-8e2d-4515-826b-e9c4bfbdec91.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c5f51e0c-18b6-473c-86ff-dadc15b41064.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d55ef81-bc25-4940-a353-fb648271c9ab.jpg) ![249 East 118th Street #3B, New York City, NY 10035 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6b2bbbf5-c602-4e0f-b328-4f8339c03d9a.jpg) ## Property Overview Wake up to beautiful tree-lined views and enjoy seamless indoor-outdoor living with a charming Juliet balcony in this charming one bedroom one bath condominium. Bathed in natural southern light, this thoughtfully designed residence offers a warm, inviting atmosphere and exceptional attention to detail. The spacious interior features solid maple hardwood floors, oversized double-pane windows that flood the home with sunlight while minimizing outside noise, and recessed lighting throughout. The open pass-through kitchen is both stylish and functional, showcasing custom cabinetry, Quartz Caesarstone countertops, a tiled backsplash, GE Profile stainless steel appliances, and a Moen faucet. A convenient in-unit GE stackable washer and dryer adds everyday ease. The spa-inspired bathroom is elegantly appointed with marble floors, tiled walls accented with marble trim, a deep soaking tub, and premium American Standard fixtures, including a Danze Parma faucet and sunflower showerhead. A custom vanity topped with marble completes the sophisticated space. For year-round comfort, the residence features its own dedicated heating, air conditioning, and hot water system. The Ivy Condominium is ideally situated just moments from multiple subway lines, the crosstown bus, and the Second Avenue bus, providing quick access to some of the Upper East Side and Harlem's finest shopping, dining, and neighborhood conveniences. Real estate taxes reflect the benefit of the 421-a tax abatement which is in effect until 2033. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 565 sqft - **Stories**: 10 - **Year Built**: 2006 - **Price per Sqft**: $823 - **Common Charges**: $410.04 / Monthly - **Monthly Taxes**: $31 / mo - **Listed On**: Jul 15, 2026 - **Days on Market**: 53 Days ### Residence Features - See Remarks - Balcony - Private Outdoor Space Under 60 Sqft - Recessed Lighting - Stainless Steel Appliance(s) - Marble ## Sales Evidence ### How this price compares The median closed price for comparable condo one-bedroom sales in East Harlem is $544,500, based on 18 sales between December 2024 and April 2026. This home is asking $465,000, $79,500 below that median. The middle half of those sales closed between $505,000 and $704,750. - **Median closed price**: $544,500 - **Middle half**: $505,000 – $704,750 - **Based on**: 18 condo one-bedroom sales in East Harlem - **Period**: December 2024 – April 2026 - **Median $/ft²**: $827/ft² Across the 14 of these sales with a published asking price, the median closed at 93% of what it originally asked. 79% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from East Harlem instead. ### How these sales were negotiated - **Sold vs original ask**: 93% of the original ask - **Closed below ask**: 79% of 14 sales - **Listed → in contract**: 121 days (about 17 weeks) - **In contract → closed**: 56 days (about 8 weeks) Across the 14 of these sales with a published asking price, the median closed at 93% of what it originally asked. 79% of them closed below the original ask. Half of these homes were in contract within 121 days (about 17 weeks) of coming to market, based on the 13 with a recorded listing date. Once a deal was agreed, closing took a further 56 days (about 8 weeks), based on the 14 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 18 condo one-bedroom sales in East Harlem, December 2024 – April 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for condo and house one-bedroom sales in East Harlem, 2017 to 2025. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $621,000 | 17 | | 2018 | $599,500 | 11 | | 2019 | $807,856 | 16 | | 2022 | $762,669 | 15 | | 2023 | $572,500 | 16 | | 2024 | $737,500 | 14 | | 2025 | $537,500 | 14 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across East Harlem instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. ## Price and Property History for 249 East 118th Street, Unit 3B Review the recorded listing activity for 249 East 118th Street, Unit 3B, including asking-price changes and prior market dates. - **Entered contract**: August 24, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 24, 2026 | $465,000 | Entered contract | | July 15, 2026 | $465,000 | Listed for sale by Compass | ## Estimated Monthly Payment **$2,792 / month**, assuming a 20% down payment ($93,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $2,351 - **Property Taxes**: $31 - **Common Charges**: $410 Estimates only. Actual payments may vary. Confirm terms with your lender. ## East Harlem Overview of East Harlem [Explore East Harlem](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East Harlem - [Randall's Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/randall-s-island) - [Morningside Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/morningside-heights) - [Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/harlem) - [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park) ## Related Links - [East Harlem neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.