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Presented by: OLSH - Olshan RealtyPowered by Highrises
For Sale

$575,000

316 W 47th St Apt 1FW, New York, NY 10036

  • 1Bed
  • 1Bath
  • 709SqFt
  • 1Bed
  • 1Bath
  • 709SqFt
  • Property Type
    Co-op
  • HOA Fees
    $648/mo
  • Price per Sqft
    $811
  • On highrises
    32 Days

Property Details

Large duplex 1 Bedroom with bonus office/den with laundry room on floor!<br><br>Located in the heart of the Theater District on a charming tree-lined street, this high first floor<br>home offers lots of extras. Entering the parlor level you will find a 26' living/dining room<br>boasting extra high 8'10" ceilings, custom cabinetry, strip hardwood floors, and baseboard<br>heating. The updated open kitchen showcases an elegant black and white palette with new<br>appliances and gorgeous black quartz countertops.<br><br>The dramatic steel staircase brings you upstairs to the second floor, where you'll find the<br>private 10x11 bedroom, a separate 19' long den plenty big enough for guests, a lovely blonde<br>wood home office with built in desk and storage, plus a classically styled black and white<br>windowed bathroom. There is even an ultra-convenient washer/dryer available on the building's<br>2nd floor that's easily accessible from your upper level!<br><br>To top it all off, the monthly maintenance is only $648. This is a great opportunity for the<br>qualified buyer to finally own in the heart of New York City.<br><br>BUILDING NOTES: <br><br>316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It<br>was COMPLETELY gut-renovated in 2003 when converted to co-op, and features new<br>windows, all new plumbing and heating, plus in-unit sprinkler systems. Best of all - this debt<br>free building has INCREDIBLY low maintenance, making homes here extra-affordable.<br><br>316 West 47th Street was rebuilt as part of the city's HDFC co-operative ownership program.<br>Under 2023 guidelines, here are allowable maximum buyer incomes:<br><br>Single Person Household: $118, 680<br>Two Person Household: $135, 600<br>Three Person Household: $152, 520<br>Four Person Household: $169, 440<br><br>The co-op is for Primary Residence only. It is a smoke-free building. Sorry, no pets permitted.<br>Note that till the building comes off initial HDFC restrictions in 2033, there is a required flip tax<br>by seller of 30% of profit.

Property Features

Bedrooms

  • Bedrooms: 1
  • Presented by:
  • Cynthia Crowley

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