Description

Check out that $550 maintenance and the unreal price. 408 West 25th Street #3RW is the unicorn. Come quickly to see this beautifully renovated and incredibly affordable one bedroom in Chelsea. On streeteasy/zillow, scroll to the bottom of the listing and click on "seller's agent" to reach the Listing Agent representing the property. This is a CASH ONLY purchase NO FINANCING, no co-purchase, no investors. This is an HDFC building with income restrictions. READ TO THE END FOR SPECIFIC PURCHASE REQUIREMENTS.
The home is in mint condition with luxury finishes and clean, contemporary lines, including high ceilings, new hardwood floors and moldings, pocket doors, and windows in every room . 408 West 25th Street #3RW is only two flights up in a charming, pre-war, HDFC cooperative . Facing the back, it is pin-drop quiet and very private. The new kitchen sparkles with granite counters, marble subway tile and stainless appliances, including a Bertazzoni stove and range hood, Liebherr refrigerator and stainless dishwasher. The living area is flanked by a built-in dining bar.
The south-facing bedroom fits a king-sized bed, nightstands, dresser and even a desk. The updated, windowed bathroom has Toto fixtures. The financially sound and well-run building is wired for cable and FIOS, is pet friendly, and allows washer dryers. The building entry, hallways and buzzer systems were just renovated at no additional cost to shareholders.
The neighborhood can't be beat - across from Citizen Cafe, Sullivan Street Bakery, a block from the HighLine and Chelsea's art galleries, Hudson Yards, Hudson River Park and a stone's throw from Whole Foods, Trader Joes and Fairway. 408 W. 25th Street #3RW offers an affordable alternative (with $550/month maintenance) for those who appreciate high end finishes. This purchase requires CASH ONLY, NO FINANCING, and the HDFC coop requires a total household income not to exceed $54,000 per year at the time of purchase, use as a primary residence for a shareholder with income (no investors or pieds a terre) and no other property owned. Gifting is allowed as is limited subletting for two years after 4 year periods. Flip tax of $10,000 is paid by the seller.
View More

Building Features 5 Floors20 Units

intercom

$375,000

$30,000  -  189 days ago

Listed on Jan 16, 2020

239 Days on Market

1 Bed / 1.0 Bath / - ft²

Total Monthly Expenses: $550

Exclusively listed with: The Corcoran Group Source: RLS

Pamela Wolfe

pwp@corcoran.com

(917) 596-9466

Listing Courtesy of The Corcoran Group View Listing

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...

What is this
property worth?

Work with an Urbandigs Professional
to help you price this property

Free Professional
pricing report for unit 3RW

Request Report Now

Similar Listings for Sale

408 W 25 ST - Unit 3FE

Chelsea / COOP

$350,000

On market for $350,000

0% from ask / 137 days on market

Monthly Expenses: $550

1 bed - 1 bath / 0 ft²

264 W 22 ST - Unit 20

Chelsea / COOP

$425,000

On market for $425,000

-4.49% from ask / 242 days on market

Monthly Expenses: $1,235

1 bed - 1 bath / 0 ft²

214 W 16 ST - Unit 5W

Chelsea / COOP

$450,000

On market for $450,000

0% from ask / 67 days on market

Monthly Expenses: $1,365

1 bed - 1 bath / 450 ft²

214 W 16 ST - Unit 5E

Chelsea / COOP

$450,000

On market for $450,000

0% from ask / 67 days on market

Monthly Expenses: $1,365

1 bed - 1 bath / 450 ft²

320 W 17 ST - Unit 5FW

Chelsea / COOP

$510,000

On market for $510,000

0% from ask / 226 days on market

Monthly Expenses: $1,399

1 bed - 1 bath / 0 ft²

264 W 22 ST - Unit 6

Chelsea / COOP

$525,000

On market for $525,000

-11.02% from ask / 153 days on market

Monthly Expenses: $1,255

1 bed - 1 bath / 0 ft²

333 W 21 ST - Unit FE

Chelsea / COOP

$549,000

On market for $549,000

0% from ask / 116 days on market

Monthly Expenses: $972

1 bed - 1 bath / 0 ft²

234 W 16 ST - Unit 4A

Chelsea / COOP

$619,000

On market for $619,000

0% from ask / 1 day on market

Monthly Expenses: $1,012

1 bed - 1 bath / 500 ft²