Studio apartment for sale

Overview

AMAZING OPPORTUNITY to purchase in a straight-forward land lease building. It is full service and maintenance includes all utilities plus cable. This expansive, light-filled residence enjoys city and skyline views throughout and features four spacious bedrooms, four full proper bathrooms, an elegant formal dining room, a gorgeous windowed chef's kitchen with stainless steel appliances, dishwasher, wine refrigerator, Bosch washer/dryer, fantastic counter space and cabinets. The primary bedroom offers a walk-in closet with a windowed en suite bathroom. All of the bedrooms are separate from each other and enjoy en-suite bathrooms. The Victorian is a meticulously maintained luxury cooperative built in 1963, residents can enjoy an on-site parking garage, 24-hour doorman service, laundry and private storage space. The building's board welcomes those seeking a pied-a-terre, buyers from overseas, and co-purchasers; pets under 60 pounds are allowed, as are and in-unit washer/dryers. Located near Central Park, elegant shopping and dining destinations. Note: Advertised Monthly Maintenance is based on a credit given at closing by the seller of $24,000 or $2,000 per month for a period of one year, based on the asking price of $1,695,000. The building is on leased land; the lease was renegotiated in 2010, and extended through 2099. For the 10 year period from 2021 through 2030, the annual lease increase will be based on the CPI, or approximately 1.5%, with a cap of 2%. Building requirement: 3% Flip Tax Paid by Buyer. There is currently a $317 monthly assessment in place going towards Local Law 11 updates.



Ref: 36508-21237296