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Active - Stock Cooperative for sale

240 E 55th Street # 8F, New York, NY 10022

1 bth|488 sqft

Facts & features

Stock Cooperative Property type
1055 days on Beycome
1959 Year built
$768 Price/Sqft.

Why you’ll love it

  • Renovated
  • Garage
  • Hardwood floors
  • Open floor plan

Unlimited subletting after one year! The perfect opportunity to own your own home or pied-a-terre in NYC. Introducing a charming, cozy yet spacious alcove studio apartment in the heart of the desirable Sutton Place. Located in a well-designed post-war co-op, this home offers an expansive footprint and boundless potential. The serviceable kitchen comes fully equipped and provides ample counter space and cabinets for storage- perfect for creating delectable meals. The apartment boasts parquet hardwood floors throughout, generous closet space and a full wall of windows that pour in a constant flood of northern light. The flexible, open floor plan creates an inviting and airy atmosphere that can be tailored to your unique lifestyle needs. This well maintained building is serviced by a full-time resident supervisor and part-time doorstaff. Additional amenities include on-site laundry, bike room, storage room and an adjacent third party garage. Liberal building policies allow for co-purchasing, guarantors, parents buying for children, gifting (case by case), pied-a-terre, and unlimited subletting after one year of ownership. Nestled in the serene and upscale Sutton Place neighborhood, within close proximity of all the best shopping, dining and entertainment this limitless city has to offer. Trader Joe's, Whole Foods, Morton Williams and D'agostino are all within a few city blocks and nearby transportation options include the E/M, 4/6, M57 bus line and more! See the potential for yourself and don't miss out on this opportunity to own a piece of New York City real estate. ??*Note: All dimensions are approximate and virtual renovation/staging is for illustrative purposes.

Translating description...

Listed by: Julian H. Berkeley • agentexperience@compass.com • Compass

Co-listed by: Compass

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Affordability

$245,000$505,000
1%20%
0%90%
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Estimated monthly payment

$1,896/mo

  • Mortgage$1,896
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$298,125
Down payment held in escrow$75,000
Closing costs$5,625
beycome credit Est.$7,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About New York

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$375,000 Listed price

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$7,500 Credit back

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