hawaiihome.cc
or Investors only! Owner is selling the FEE ONLY, not the leasehold portion. It is a fee simple property with a lease that expires on 10/30/2045. Current lease rent is $1,407.46 per month with the next renegotiation scheduled for 11/01/2025. This Banyan Tree Plaza leased fee is a high lease rent investment paid monthly without the headaches and expenses of a traditional rental property and at the end of the lease expiration it turns fee simple with lots of appreciation. Lessee (leasehold owner) is responsible to pay association fees, real property tax and maintenance of the unit. This property is a 3 bedroom 2 bath 1 parking unit with 1,356 sqft of living. Information advertised is based on tax records and cannot be verified. No showings allowed. Please do not contact the Lessee directly.
What will it cost to own?
 
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MLS
Public
Condo/TownhouseCondoProperty Type
Sub Type
1212 Punahou St1212 Punahou St
Banyan Tree Plaza 908Banyan Tree Plaza 908
Honolulu HI 96826Honolulu Hawaii 96826
Metro PunahouLower Makiki
naKaahumanu Elem
naWashington Int
naMcKinley High
Kaimuki-McKinley-RooseveltComplex
Public SchoolsRank
Private SchoolGuide
naBusiness Investment
Business Investment
Builder
MLS 202303653TMK 1-2-4-7-2-32Property ID
03 Bedrooms
02 Full Baths
00Half Baths
02Total baths
0Rooms
01 Parking
01,356 Interior sf
0 Lanai sf
0Total sf
$450,000 3/7/2023Original list
Withdrawn Status
$450,000 List price
Fee SimpleLeaseholdTenure
NoFractional
19741974
1974
Year built
naConversion
0 naRemodeled
61 %Biennial Reg, § 6.Owner Occupancy
$ 0
$ 0
$ 0
$ 0
Includes:
None
AOAO fee
AOAO other
Maint fee
AOAO total fees
99Floor
None View
Land CourtRecorded
A-3 High Density ApartmentA-3Zoning
Zone - XFlood
naRestrictions
Above Average
Average
Condition
Even# UnitFeatures
OtherFlooring
NoneInclusions
naExclusions
naGuard
Enter phone
Security
CNDAP
Recreation Area
Recreation Room
Resident Manager
Security Guard
Trash Chute
Amenities
naFrontage
High-Rise 7+ StoriesCondo
35 Stories
242 Units
Architecture
naModel
Banyan Tree PlazaSkyscraper
ConcreteMaterials
21+StoriesType
Licensed Owner
See Remarks
Disclosures
TBDParking stall ID
Building Matrix
Floor Plans
0393Public Report
Assigned
Guest
Open - 1
Parking
20Guest parking
0Passenger 3
Freight 0
Elevators
naAOAO Name
naAOAO Ph
HawaiianaHawaiiana Mgmt Co LtdManagement Co Name
(808) 593-9100Management Co Ph
naBuyer Financing
Continental Savings Bank1st Mortgagor
168,0001st Mortgage
na2nd Mortgagor
na2nd Mortgage
No/naForeclosure/Case#
20222020Property tax year
$ 106,500$ 92,400Land assessed
$ 502,800$ 490,200Building assessed
$ 0$ 0Home owner exemption
$ 609,300$ 582,600Total assessed RPAD
$ 0$ 170Tax per month rates
0Total rent
Building Permits
Subject to Rental LeasePossession
NoneSpecial
CashFinancing
NoneFurnished
NoNew development
MonthlyCost to own estimate:
$ 0Real Property Tax
$ 0Association Fee
$ 1,407Lease Rent
$ 1407Cost to own
(ex Mortgage, Ins & Elec)
3/7/2023Active
3/7/2023Price change
naContinue to show
naPending
naTemp withdrawn
naBack on market
7/25/2023Withdrawn
7/25/2023Off market
7/25/2023Status change
naAdvertise
naAuction
CompassListing Brokerage Firm
3/7/2023Photos uploaded
naSupplement Mod
hawaiihome.cc © is provided by
Hawaii Home + Commercial LLC
1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
DCCA PV License # RB-20174
 

Click for the BBB Business Review of this Real Estate in Honolulu HI
 
Principal Broker
Robin Charles Glass (R), MBA, eng.
DCCA PV License # RB-20173
Ph: (808) 358-1774
Fax: (866) 925-1467
Email: glassr@hawaiihome.cc
 
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