4BR Value in Gramercy

Posted by Noah Rosenblatt on March 21, 2006 at 10.36 AM

nyc real estate

A: Check out this 6-Day old listing marketed by Richard Healy of Halstead which to me represents a fantastic value for a 4BR Condop in Gramercy. For those in the market for a 4BR family home in these neck of the woods, be sure to check this one out ASAP! While the high end is a bit sluggish right now, props to this broker for pricing it correctly.

Its hard enough to find a 4BR family home in Gramercy for under 3M, let alone one that is 3,600 Sq. Ft. in size. While this pre-war building doesn't have a doorman, it does have a wrought iron gated entrance w/ stone floor, a computerized key entry security system, a keyed passenger elevator, and investor friendly board policies. Priced at only $815 a square foot, somebody will get a lot of bang for their buck with this one in a great location with 4 exposures! Some more details:

118 East 25th Street; 3rd Floor

Size: 3,600 Sq. Ft.
# Beds: 4
# Baths: 3
maintenance: $2,464 (LOW - includes taxes as well!)
Asking: $2,975,000
Price Per Sq. Ft.: $815 (See the value!)
Marketed By: Richard Healy of Halstead


4BR Floorplan

nyc real estate

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