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The Savoy West, 555 Lenox Avenue, #1D

Listing no longer available on CityRealty as of Apr 4, 2022
It previously was on the market for a total of 319 days.
Last Sold on Mar 31, 2022 for $510,000
1 bed, 1.5 baths | Approx. 1,331 ft2
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  • Buyers
  • Richard Gaylen Merrell
  • Kristen G Lyndaker
  • Sellers
  • Gary E. Bashian
  • The Theresa O'quinn Irrevocable 2015 Trust
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3 apartments are currently available in this building.
319 days on Market

Pricing History

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Key Details

  • Listed: May 20, 2021
    Last Price Change: -14.9% ($89,000) on Apr 4
    Days on Market: 319
    Building Type: Condominium
    Neighborhood: Harlem (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,327 times
Monthly Common Charges: $999
Monthly Real Estate Taxes: $86
Total Taxes & Fees: $1,085 ($0.82/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $3,893 ($2.92/ft2)
Note: the above is based on a down payment of 20% ($102,000), which is the minimum amount permitted by the building.

Description

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Welcome to Residence 1D at The Savoy West Condominium, the value opportunity you are seeking in Upper Manhattan. This incredible, loft-like duplex home measures 1,331 square feet interior with a 247 square foot private outdoor patio with the "wow" factor. The main level boasts soaring 11 foot ceilings, a comfortable living space with modern dark hardwood floors, large bedroom with a perfect home office nook, full bathroom and western exposures for sun-flooded afternoons.

The proportionally large kitchen is finished with marble countertops and stainless steel appliances.

The sprawling lower level provides the versatility to suit your needs as an amazing recreation room for entertaining indoor/outdoor, an oversized sleeping area, home office or allow your imagination to run wild. You’ll also find your powder room conveniently located on the lower level in addition to the wet bar with sink and storage, washer/dryer and large closet.

Step outside from the lower level and enjoy the private patio, the perfect place to unwind in your private green oasis with room to accommodate a dining table and large seating area. Bring your umbrella for sunny afternoons.

The Savoy West is a prewar elevator condominium that was converted and fully renovated in 2007. Amenities include a fully furnished roof deck with spectacular downtown views, fitness center, community meeting/recreation room, central laundry room and bike storage.

A storage unit transfers with the sale. This vibrant neighborhood offers an array of cultural institutions including Striver’s Row of historic homes, the Studio Museum of Harlem, City College and its beautiful campus and architecture and the Hamilton Grange National Memorial. There are several parks and green spaces nearby, such as the Harlem River Walk along Harlem River Park, St. Nicholas Park, Jackie Robinson Park and the St. Nicholas dog run on 137th Street. Convenient location is a quick distance to the 2/3, B and C trains, Harlem Hospital and some of Harlem’s most iconic restaurants including Sylvia’s and Marcus Samuelsson’s Red Rooster.

Pets, pied-a-terres, LLCs, Trusts and investors welcome. J-51 tax abatement in place (Consult your CPA).

The Sellers are offering $983 per month common charge rebate at closing applied to first four years maintenance. Displayed common charges reflect net common charges.

Gross common charges are $1,982. All measurements and square footages are approximate and all information should be confirmed by customer.

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Apartment Amenities

  • Western Exposures

About The Savoy West, 555 Lenox Avenue

56

The Savoy West, 555 Lenox Avenue has received a CityRealty Rating of 56, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
14
Out of 36
+
17
Out of 39
+
7
=
56
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
No Canopy 1 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
A Lot 0 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
6-10 Short Blocks 1 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Conversion Year: 2007
  • Concierge
  • FT Doorman
  • Pre War
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Bike Room
  • Terraces / Balconies

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Other Apartments Available in this Building (3)

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