OFFERED AT:
- Asking Price: $699,000
- Maintenance Or Common Charge: $748
- Financing Allowed: 80% permitted
- Flip Tax: see building notes
- Mint Move In Condition
- Private Washer Dryer
- Extra High Ceilings, Great Closets
FEATURES:
- Room Count: 4
- Bedrooms: 2
- Bathrooms: 1
- Condition: Excellent
- Fantastic 2 Bedroom Home
- Views: Pretty Tree Lined Street North
- Exposures: North
- Oversized 26' Living Room
- 16' Primary Bedroom, 11' 2nd Bedroom
- 14' Windowed Kitchen
- Huge Bathroom w Double Entrances
- Ultra Low Monthly Maintenance
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Come see the Surprise Hit of the Season in the Theater District!
This beautiful two bedroom home is move-in ready, and so much more than you would expect at the price. There is a gorgeous 26’ living room with soaring ceilings, a generous 16’ primary bedroom, plus a charming 11’ second bedroom/den through beautiful French doors. The windowed bathroom is huge, and has convenient entrances from both the primary bedroom and the main hall for guests; it even includes a separate laundry area with your own washer/dryer! The 14’ windowed kitchen has two work zones, tons of cabinet space, modern appliances, plus a wide open pass thru to the dining area. Additional features include strip hardwood floors, large double deep closets throughout, and two-zone baseboard heating. But the best perk is the ULTRA low maintenance – it’s only $748/month! And if you love the decor - the apartment can be delivered turn-key with furniture.
Building Notes: Located on a picturesque tree-lined street in the heart of the Theater District, 316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It was COMPLETELY gut-renovated in 2003 when converted to co-op, and features new windows, baseboard heating, and in-unit sprinkler system. Best of all - this debt free building boasts INCREDIBLY low maintenance, making homes here extra-affordable. 80% financing permitted. Flip tax is 30% of gross profit. Sorry, no pets or smoking permitted.
316 West 47th Street was rebuilt as part of the city’s HDFC co-operative ownership program in 2003. Under 2024 guidelines, here are allowable maximum buyer incomes:
Single Person Household: $130,440
Two Person Household: $149,160
Three Person Household: $167,760
Four Person Household: $186,360
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