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The Amherst, 401 East 74th Street, #8M

$945,000 | 2 beds, 1 bath
Building Profile  | 
66 days on Market

Key Details

  • Listed: Jul 30, 2024
    Days on Market: 66
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 483 times
Monthly Maintenance: $2,120
Est. Monthly Mortgage: $4,665
Total Est. Monthly Carrying Cost: $6,785
Note: the above is based on a down payment of 20% ($189,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Oct 6
By appointment only.

Description

Welcome home to Residence 8M – a junior four that has been transformed into an open-concept, two bedroom, one bath with private outdoor space at The Amherst.

Attention to detail is the star of this home.

You enter into the expansive living/dining room, which is open to the beautifully renovated kitchen, boasting a nine foot breakfast bar, quartz countertops, Ann Sacks glass tile backsplash, stainless steel appliances (including a wine fridge!), and separate butler-pantry like area!

Closet space is amazing here – including a large entry closet, a large walk-in closet in the king-sized main bedroom and a large closet in second bedroom (that could also be used as a home office space). Off the living room is a private northeast facing balcony for your enjoyment.

The spa-like bathroom has been gut renovated and enlarged to include a step-in shower. Two separate bathroom entrances allow entry from both the main living space as well as the private entrance into the main bedroom.

Amherst residents enjoy a 24-hour doorman as well as a live-in Resident Manager.

Other beautiful features include a well-equipped Fitness Center, a Community Room, a Courtyard Garden, and a wonderful Rooftop Garden with tables and chairs for al fresco dining and relaxation. The air-conditioned Laundry Room with new machines, the Lobby, Hallways, Community Room were recently renovated and the Hallways are now air-conditioned – all without any assessments. There is also an attached garage for the convenience of those who live in The Amherst.

The building actively uses advanced technology to improve operational efficiency and lower running costs.

BuildingLink is used to notify residents of package arrivals, building updates, and to report issues. Cable, phone and Internet services are available from FiOS, Spectrum, and RCN. Electricity is purchased in bulk for the entire building and savings are passed on to residents who are sub-metered by the Co-op.

The building is very energy conscious and has installed a Cogeneration System which generates low-cost electricity. This new system lowers the building’s costs, reduces carbon emissions, and provides a generator to keep the core building systems running in the event of a power outage.

The building permits pied-a-terres, co-purchasing, parents purchasing for children, and subletting.

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Apartment Amenities

  • Balcony
Listing courtesy of William Raveis New York City LLC

Pricing History

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About The Amherst, 401 East 74th Street

48

The Amherst, 401 East 74th Street has received a CityRealty Rating of 48, 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

20
Out of 44
+
17
Out of 36
+
11
Out of 39
=
48
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 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:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Considerable 1 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:
No Noise 2 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:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 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:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 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:
Yes 1 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:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Full Service Garage
  • Garden
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Children's Playroom
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Courtyard
  • Bike Room
  • Fireplaces
  • Live-In Superintendent

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Pros
  • Large- broad picture windows
  • Pet friendly
  • Central Laundry room
  • Roof deck
  • Many new luxury high-rise apartment towers in area
  • Garage
  • Some good views from upper floors
  • Some terraces
  • Concierge
  • Doorman
  • Two blocks from crosstown bus on 72nd Street
  • Pet friendly
  • Close to Subway
Cons
  • No health club
  • No balconies
  • No sundeck
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Subways

  1. 6
at Lexington Ave 0.42 miles

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