Description

LUXURY REAL ESTATE AUCTION

COMMENCES FRIDAY JULY 24th 11:00am IF NOT SOLD PRIOR

Bidding to Commence from $1.9M
All Offers Considered Prior
Private Home Office Space
Property is Vacant

A gut renovation completed in 2015 with a total investment of over $300,000.00
The owner will offer furniture in the sale for interested investors/ purchasers
13 Month Extended Warranty on All Appliances
Seller offers to Pay Buyer Closing Costs for winning auction bidder.
Building Finance Approved Lender Available

Entrance Requirements
Masks must be worn
Social Distancing
ID on Check-In (all parties and current residential address)
New York Smart
We will be operating as per the attached summary guidance.

REGISTER AND MAKE OFFERS ON OUR OFFER MANAGEMENT PLATFORM

BUYERS AGENT WITH BUYERS:
https://bit.ly/UWSBuyersAgents


DIRECT BUYERS:
https://bit.ly/UWSDirectBuyers


FOLLOW AS INTERESTED ONLOOKER:
https://bit.ly/UWSonlooker

Condo fees are currently $1,871.12 a month (that includes a $225.65 mortgage assessment that ends in Feb 2024 and $294.88 capital assessment that ends November 2020)

Quarterly taxes just paid in April 2020 were $1,559.07 ($529.69 a month)

For committed and qualified buyers, the sale of this property represents the absolute best opportunity in the market today. Purchase a highly desirable home from a highly motivated seller.

Tightly Held Building
Last 2B SALE in building 05/19/2016 #5A $2,571,081
Last 1B SALE in building 02/14/2018 #5C $1,357,500

Low Common Charges

J-51 abatement expires in 2041


This home has seen the evolution of a couple that fell in love and started their life journey; they evolved into a family of three and then four. They have celebrated birthdays, anniversaries, and have created many incredible memories along the way. The suburbs have called as they make this often natural transition. A new page has opened the pages blank and ready for you to write the next chapter of this home.


A tightly held prewar condominium with less than 100 units is located in the heart of the Upper West Side, steps from the Museum of Natural History, Central Park, Riverside Park, Zabars, Fairway, Citarella, and many long-established UWS cafes and restaurants.

The owner has invested time, resources, and money to ensure a sale will be achieved in 40 days or less, allowing you to purchase a fully renovated 2B2B apartment in a highly desirable location.

1.THIS IS NOT A SHORT SALE OR REO
2.UNCONDITIONAL SALE ( NO BUYERS CONTINGENCIES)
3.DUE DILIGENCE PACKET AVAILABLE FOR BUYERS LEGAL REPRESENTATIVES
4.CONTRACT AVAILABLE, TITLE REPORT AVAILABLE
5.NO BUYERS PREMIUM
6.SELLER OFFERS 60 DAY CLOSING FOR FINANCE BUYERS
7. 10% DEPOSIT REQUIRED AT CLOSE OF AUCTION
8.SELLER IS AUTHORISED TO NEGOTIATE, COUNTER, REJECT OR ACCEPT ANY OFFERS PRIOR TO THE
COMMENCEMENT OF THE AUCTION
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Building Features 19 Floors98 Units

elevator
full time doorman
bike room
laundry
pet friendly
View all 5 building features

Unit Features

washerdryer

$2,300,000 / $1,869 per ft²

Sold: Aug 14, 2020

21.05% above ask / 25 Days to Sell

1 Bed / 1 Bath - / 1,230 ft²

Total Monthly expenses: $2,400

Maintenance: $1,871 / R.E. Taxes $529

Exclusively listed with: KWNYC Midtown

Duncan Schieb

duncanschieb@kw.com

(917) 575-0267

Listing Courtesy of KWNYC Midtown View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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