Note: the above is based on a down payment of 20% ($260,000),
which is the minimum amount permitted by the building.
Description
This triple mint and spacious home is located in a prime New York City neighborhood, on 68th Street and Madison Avenue, one block from Central Park. The apartment is in move in condition, it was fully renovated with new hard wood floors, skim coated walls "ideal for lots of art" and more. The layout flows well and there is no lost space.
The windows face a "tree lined" street and a magnificent prewar building that is majestic enough to make you feel like you are somewhere in Europe. The gracious foyer can also serve as a Dining or Office area. The Living Room is generously sized for good entertaining with space for a large dining table, a comfortable sitting area and more.
It has state of the art ceiling lighting. The bedroom is well proportioned and has great closet space. The new kitchen is equipped with granite countertops and stainless steel "top of the line" appliances including a Miele dish washer and a Sub Zero fridge. The elegant bathroom has been renovated with marble tiles and is in excellent condition.
Great closets throughout. Washer/dryers are allowed and can be installed in one of the closets. The ceilings are approx. 8 ft. 6 in. This home is well positioned near the best museums, shopping, and restaurants. Transportation to the West Side is easily accessed by a bus which takes you in just a few minutes to Lincoln Center where the opera, ballet, philharmonic orchestra and movie theaters are located.
The Subway is just two short blocks away. The building is a "Non Land Lease" Condop with Condo Rules. It allows: pied-a-terres, maximum financing, guarantors, foreign buyers and pets. Investors may buy and rent it right away. There is a full time 24 hour doorman and a live-in super.
The building has excellent financials, 2% flip tax payable by the buyer.
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