Description

THIS COULD BE YOUR BEST INVESTMENT. The question is always asked: Why Buy Apt 7G at The Carnegie House, a Land-Lease Coop with Potential Land Acquisition? Location: Billionaires' Row facing Sixth Ave, two blocks from Central Park, on the route of The Thanksgiving Day Parade (you will have more friends than you know what to do with). Size: HUGE one bedroom/ one bath approximately 950 sf. Best Buy in NYC. At least 50% LESS than comparable coops on Billionaires' Row and priced with consideration for potential acquisition of land, Full-Service white glove coop, Board is working on acquiring land leading to: increased value of coop, reduction in maintenance (if shareholder pays assessment in cash) probable conversion to condop. Land-Lease resets every 25 yrs. Next reset in 4 years (only if there is no acquisition of land) - increase in maintenance unknown, If land is acquired there will be an assessment based on a price per share. Unique Board Requirement: Post-closing liquidity required This will be an all-cash deal. Ongoing assessment of $384.40
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Building Features 21 Floors324 Units

elevator
full time doorman
bike room
garage
gym
laundry
pet friendly
storage
View all 8 building features

Unit Features

washerdryer
Exposures: East
Pet Policy: UnitYes,BuildingYes

$238,000 / $250 per ft²

Sold: Apr 26, 2022

1 Bed / 1.0 Bath / 950 ft²

Total Monthly Expenses: $2,700

Exclusively listed with: Corcoran Group

Carole Robbins

carole.robbins@corcoran.com

(646) 645-4456

Listing Courtesy of Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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