The Park Clinton, 535 West 52nd Street, #9G
Key Details
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Listed: Apr 23, 2024Days on Market: 12Building Type: CooperativeNeighborhood: Midtown West (Manhattan)Doorman: PT Doorman
Description
All appliances are Frigidaire Professional Series stainless steel, with dishwasher, built-in microwave, gas stove top and gas convection oven. Both the primary and secondary bedrooms also have 9’5”ceilings, plenty of closet space and easily accommodate king-sized beds. The extra-large bath has ceramic tile floors and walls and a tub. The heating and air conditioning units are gas and electric, have a thermostat, and are fully controllable by you in either summer or winter. For amenities, the building has a part-time doorman, a video intercom system, and a live-in superintendent. In addition, there is a landscaped rear garden, a fitness center, laundry room and bicycle storage. The Park Clinton is a pleasant mid-block 12-story apartment building and was designed by SLCE Architects.
It is an NYC city-sponsored affordable homeownership Coop, completed in 2014, and has 96 affordable cooperative apartments nestled in the heart of Hell’s Kitchen between the Hudson River and the Theater District. Minimum 20% Down. No Co-Purchasing, Parents Buying for Children, or Guarantors. City approval in additional to coop board approval required.
Pet Friendly. Sublet Policy: A maximum of 18 months of every five years. Income restrictions also apply. 2024 Income Restrictions: $179,355 maximum income for a (1) person household $205,095 maximum income for a (2) person household $230,670 maximum income for a (3) person household $256,245 maximum income for a (4) person household. As part of its affordable housing status, The Park Clinton has a 40 year tax abatement and a resale profit share (flip tax) with the City of New York until 2054.
50% of resale profits are repaid to the City through 2024, 25% of resale profits are repaid between 2024 to 2029, 10% of resale profits are repaid between 2044 to 2054, and 0% after 2054. All showings by advance appointment only. Please contact listing agents to schedule.
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Apartment Amenities
- Northern Exposures