Note: the above is based on a down payment of 33% ($658,350),
which is the minimum amount permitted by the building.
Description
Bring your Architect! This home needs a complete and total renovation down to the studs.
The iconic Apartment 5B at 285 Riverside Drive, a classic six home steeped in a rich history spanning nearly a century, presents a rare opportunity for rejuvenation and revitalization. This pet-friendly, full-service co-op building, located in the picturesque Upper West Side, boasts western-facing vistas of the Hudson River and Riverside Park, providing ample space for the creation of a grand living and dining area ideal for entertaining guests. As one enters the residence, they are greeted by a spacious foyer with ample coat closets and storage, leading to a gallery that connects to the bedrooms, maid’s quarters, and kitchen.
The current layout features two king-sized bedrooms with river views, a third bedroom/maid’s quarters, a spacious living room, and a formal dining room, accesible through French doors. The building boasts excellent financials, low maintenance fees, a laundry room, storage (waitlist), and bike room, and is conveniently located near multiple subway stops, Columbia University and various supermarkets, cafes, and shopping options. Showings are by appointment only, and a 2% flip tax is payable by the purchaser.
The photos of the apartment are empty and as-is, while renderings with alternate floor plans are also presented.
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