Description
With its corner vantage and 17 windows, including in both bathrooms, all rooms in this home bask in natural light all day long, have wide open views towards Central Park and iconic architecture while also boasting near total privacy from neighboring eyes. A recent luxury, gut renovation combined coveted pre-war design elements like 10-foot-high beamed ceilings, appropriate moldings, exposed brick and dark hardwood floors, with an open concept floorplan and modern luxuries including: a large island kitchen, featuring full-size stainless appliances including a vented range hood, garbage disposal and Bosch dishwasher, white granite counters, white custom shaker cabinetry and a center island with bar; an en-suite Primary Bedroom with walk-in closet and white marble bath with Grohe, Toto and RH fixtures; and a similarly renovated main marble bathroom adjacent to a mud room with laundry. This modern classic home is as perfect for entertaining as it is daily family living.
Your new home is located on the 10th floor of the Berkeley, a full-service pre-war co-op built in 1913 as a hotel. There are 12 floors, 150 units, 3 Elevators, 24-Hour Door staff, Live-in Super, Laundry and on-Premise management. The building is run like a condo with lenient sublet, approval and financing policies.
This means it is investor friendly with a comparatively simple, efficient approval process for purchasers, sublets allowed immediately, and without limits, and prospective subenants subject to a background check based application process. There is no flip tax, and the minimum downpayment is 10%. Please note that over 50% of the units are rented, and there is a high percentage of sponsor and investor ownership. We have multiple lenders lined up ready to do mortgages in this building at market competitive rates and with as little as 10% down. Advertised maintenance rate includes a seller incentive of $600/month for two years.
Building Features 12 Floors152 Units
Unit Features
$1,750,000 / $1,521 per ft²
Last Asking: Jan 26, 2022
2 Beds / 2 Baths - / 1,150 ft²
Total Monthly Expenses: $2,970
Exclusively listed with: Elegran Real Estate and Development
Soren Bech
sbech@elegran.com
(917) 597-7389
Unit listing history
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