Description
Many large windows. Morning and afternoon balconies. Reasonable asking price and low net after-tax ownership cost. No work is needed, but if you choose, there is a reasonable alteration procedure in alteration-friendly building. Only 2 other apartments on the 17th floor. Maximum privacy. Common hallways are fresh and clean.
Take advantage of this timely opportunity to deploy low-yielding cash or to take advantage of the low mortgage rates – or a combination -- to acquire a Mammoth-sized apartment with all day light, great storage, a W/D, as well as a renovated open kitchen at the very attractive asking price. Free 24/7 gym. Roof deck. Direct-access, attended garage. Discounted Cable TV and Internet also.
This UES apartment is just 2 ½ blocks from the 72nd Street entrance to the Second Avenue Subway, which makes this apartment more centrally located than when the building was originally built. The impact of a relatively high maintenance of $7,489/month is more than offset by (a) some pass-through tax deductions and (b) the unit's comparatively low asking price for a home of this size and location with attributes of freedom. Ask your CPA to run the numbers for its exact net after tax ownership cost to you. The low asking price is made possible in part by the very long term land lease (with over 100 years to run, as renewed).
*Some photos have been virtually staged for representation purposes only.
Building Features 25 Floors149 Units
Unit Features
$1,995,000 / $969 per ft²
Last Asking: Jun 01, 2022
4 Beds / 3 Baths - / 2,057 ft²
Total Monthly Expenses: $7,489
Exclusively listed with: Warburg Realty Partnership, Ltd.
Meredith
Specht
mspecht@warburgrealty.com
(212) 300-1824
Craig
Schiller
cschiller@warburgrealty.com
(212) 300-1825
Unit listing history
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