Description

Massive Price Reduction! Owner Says Sell...Penny Lane is one of the most sought-after coop buildings in Gramercy Park and you have the rare opportunity to purchase this huge sun filled top-floor studio that has spectacular open views of the Chrysler Building and a little bit of the Empire State Building too. Because 823 needs work you save a bundle. No doubt about it, apartment 823 has good "bones" just look at that virtually staged photo of the living space...WOW! The bathroom needs to be renovated for sure, but the kitchen with the stainless-steel refrigerator and the brand new 3-burner cooktop is definitely functional the way it is. The apartment needs some "love" and that is why the asking price is so low and being sold "AS IT IS". What makes this an even more attractive purchase, is the LOW monthly maintenance of $1025/month AND there is NO FLIP TAX! Also, another huge bonus is 823 is the end unit so the common roof deck is literally right outside your door. It is as close as you can get to having a private outdoor space without it being attached to your apartment. Some of the other great features of the apartment include the extraordinary closet space, open kitchen, Juliette balcony and the huge rectangular living space which is as big as some one-bedroom apartments. Building amenities and services include 24/7 doorman, live-in resident manager, laundry on EVERY floor, roof deck, on-site garage (special rate for shareholders), bike storage (nominal annual fee) and storage cages (monthly fee). If you are looking to buy your first home, tired of renting when you can own for less, like the idea of purchasing a "fixer upper" and making it your own, then you need to schedule a showing today because this apartment will be gone tomorrow.
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Building Features 7 Floors179 Units

elevator
full time doorman
bike room
garage
laundry
parking
pet friendly
roofdeck
storage
View all 9 building features

Unit Features

garage
Exposures: North
Pet Policy: Building No, No

$325,000

Sold: Jun 20, 2023

-11.92% from ask / 50 Days to Sell

Studio / 1 Bath - / - ft²

Total Monthly Expenses: $1,025

Exclusively listed with: Corcoran Group

Shannon
Aalai

saalai@corcoran.com

(917) 405-0254

Jana
Angelakis

jangelakis@corcoran.com

(646) 765-4113

Listing Courtesy of Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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