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A blog from CityRealty (Links below will take you to the 6sqft site)

229 East 24th Street, #7

Listing no longer available on CityRealty as of Mar 8, 2019
It previously was on the market for a total of 155 days.
Last Sold on Sep 27, 2013 for $629,500
2 beds, 2 baths | Approx. 1,200 ft2
  • Buyers
  • Chie, Susan Hui-chai
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155 days on Market

Pricing History

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Key Details

  • Listed Oct 4, 2018
    Last Price Change -14.2% ($75,000) on Nov 13
    Days on Market 155
    Building Type Condominium
    Neighborhood Gramercy Park
    Listing viewed 591 times
Monthly Common Charges $695
Monthly Real Estate Taxes $1,996
Total Taxes & Fees $2,691 ($2.24/ft2)
Est. Monthly Mortgage -
Total Est. Monthly Carrying Cost $6,148 ($5.12/ft2)

Description

11/26/18 No more showings contracts out. Large price reduction. Priced to sell!!

Beautifully renovated full floor two bed + two bathroom boutique condo with extra large living area and loft like feel. Attractive investment property as previously was being rented at $6750 as a converted 4 bedroom BEFORE all the renovations were done. 4.67% Cap rate as an investment set up as a 4 bedroom.

This apartment has a brand new kitchen with granite counters and tile back-splash, full stainless appliance array, an in unit washing machine, and beautiful wide mahogany hardwood flooring throughout. With renovations just complete, this apartment has not been lived in. Easily converted to a 3 BR or 4 BR for enhanced rental income.

Financing possible with 30% down payment due to one entity owning more than 50% of units. Please note there is an assessment for approximately $543 a month which is not reflected in the maintenance and is indefinite.

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About 229 East 24th Street

  • Condo
  • Built in 1984
  • 9 Apartments
  • 9 Floors

Building Amenities

  • Resident Storage
  • Elevator

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