Total Est. Monthly Carrying Cost:
$6,940 ($7.31/ft2)
Note: the above is based on a down payment of 20% ($176,000),
which is the minimum amount permitted by the building.
Description
A desirable diamond in the rough awaits at the handsome boutique cooperative, 71 Sullivan Street in SoHo, offering tremendous upside potential and a great lifestyle! 6A/D presents a rare opportunity to purchase 2 individual one-bedroom units with a total of 6 rooms, legally combined on the building's top floor. Theresidence is currently configured with two living rooms, two kitchens, two bedrooms, and two baths, but a proposed combo floorplan awaits board approval, ripe for renovation to transform this dream home into a fabulous three bedroom two bath with either an esteemed windowed workspace or walk-in closet!
Renovate, customize and make this space your own to create a very spacious, sought-after apartment with light pouring in through a total of 10 windows with all exposures in a prime downtown location.
Sullivan Street sits at the heart of vibrant SoHo and now's your chance to take advantage of an incredible offering with lots of possibilities that can be tailored to your taste.
The intimate 6-story, 22-unit 71 Sullivan Street is a well-run co-op building with just 4 apartments on each floor. The other real selling point is the exceptional SoHo location between Spring and Broome Streets, moments from a wide assortment of shops, restaurants, cafes, bakeries, food markets, art galleries, bars, and nightlife. Some choice destinations include Charlie Bird, Blue Ribbon, Aqua Grille, Soho Grand, Raoul's, The Dutch, Cipriani Downtown, Trader Joe's, and many more.
Public transportation is abundant, with the A/C/E subway lines only 1 block away, access to the 1/2/3 in 3 blocks, and the N/Q/R/W/6 in just under 1/3 mile. Also close by are the X1, X7, X9, X10, X12, X17, M5, M21 buses. Cats OK. Sublets are permitted after 4 years of ownership with board approval.
*Disclaimer: This apartment is not renovated.
The virtually renovated and staged photos show the potential.
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