Total Est. Monthly Carrying Cost:
$5,073 ($5.64/ft2)
Note: the above is based on a down payment of 25% ($137,500),
which is the minimum amount permitted by the building.
Description
Welcome to #11A at 244 Madison Avenue! This spacious, newly renovated, loft-like 1-bedroom home with a private balcony spans over 900 square feet with soaring, nearly 12-foot ceilings. Mint condition and pin-drop quiet, this apartment features a newly gut-renovated kitchen with brand new stainless steel appliances as well as a gut-renovated, spa-like bathroom. Several custom-built closets provide ample storage, and there is a custom-designed bonus area that can be used for dining or a home office.
Other features include new sliding doors to the terrace, a king-size bedroom, and a newly installed HVAC system. This is the perfect space to entertain guests or curl up for a quiet evening at home, and ideal for those seeking the most square footage for the money.
A NYC tax abatement is available for qualified full-time residents, reducing the monthly maintenance.
244 Madison Avenue was constructed in 1916 by Arthur Loomis Harmon, the same architect who designed the Empire State Building. With an incredibly convenient midtown location minutes from Grand Central and Bryant Park, this full-service co-op offers a 24-hour doorman, live-in super, newly updated laundry facility on the first floor, and a beautiful roof deck with iconic city views.
Unlimited subletting allowed after 2-years of ownership. Pied-a-terres, gifting, co-purchasing, and parents buying allowed with board approval. No flip tax or resale fee. Close to Trader Joes, Whole Foods, Bryant Park, Grand Central, and Penn Station.
Convenient to mass transit 4/5/6, 7, S, N/Q/R, and B/D/F/M trains.
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