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In Contract

544 West 157th Street, #51

$575,000 -3.4% | 2 beds, 1 bath
View Full Building Profile  | 
104 days on Market

Key Details

  • Listed: Jan 16, 2024
    Last Price Change: -3.4% ($20,000) on Feb 25
    Days on Market: 104
    Building Type: Cooperative
    Neighborhood: Washington Heights (Manhattan)
    Listing viewed 111 times
Monthly Maintenance: $755
Est. Monthly Mortgage: $3,176
Total Est. Monthly Carrying Cost: $3,931
Note: the above is based on a down payment of 20% ($115,000), which is the minimum amount permitted by the building.

Description

Welcome home to #51 at 544 West 157th Street, a charming and airy 2BR in the heart of Washington Heights. This meticulously-designed residence boasts a renovated kitchen and bathroom, a spacious living room, and oversized bay windows that flood the space with natural light; large rooms and oak floors add to the comfort and breadth of this home, offering a delightful living experience in a prime location to the lucky new owner. The magnificently redone kitchen comes fully equipped with high-end stainless appliances from Moen, Koehler, Cosmo, and Bosch, maple-finished butcher block countertops and a bonus in-unit high-efficiency Electrolux washing machinefor extra convenience.

A cozy built-in breakfast countertop with additional storage maximizes space and a perfect place to start your day with some coffee, tea, toast or all of the above! The primary bedroom provides a peaceful retreat with abundant storage and a perfect reading nook alongside the bay windows, while the second BR welcomes you with northern exposure, offering a versatile space for working-from-home, guest room, nursery, or den. The bathroom features modern fixtures throughout, including a round rain shower head, electric towel warmer with a built-in timer and hand-picked tiling for a spa-like experience at home.

Conveniently located on W. 157th Street between Broadway and Amsterdam, this fiscally sound HDFC building boasts a grand marble entryway, a common laundry room, and bicycle storage.

The building’s gorgeous fa ade and double door vestibule with video intercom add a layer of sophistication that sets the building apart. Bonus perk: high-speed internet and cable package are available for only $75 monthly! This residence is less than a bock away from the 1 train and within five blocks of the C; multiple bus lines are also easily accessible.

Two major grocery stores are within three blocks, and the neighborhood is brimming with green parks, coffee shops, and top-tier restaurants.The property is part of an HDFC with liberal income caps: up to three dependents is $256,760 annually, while it’s $299,250 for more than that. Mortgages are welcome, offering flexibility for buyers (80% max).The seller covers the flip tax, structured as 20% of net profit for ownership of 5 years or less, 12% of net profit for ownership of 5-10 years, and 8% of net profit for ownership of 10 years or more. Sublets are allowed after two years of ownership, and pets are warmly welcomed.

Contact us today to schedule a private showing!

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 544 West 157th Street

Building Amenities

  • Conversion Year: 1988
  • Pre War
  • Washer/Dryer in building
  • Elevator
  • In-Unit Washer/Dryer

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Subways

  1. 1
at Broadway 0.04 miles
  1. C
at Saint Nicholas Ave 0.26 miles
  1. B
  2. D
at Frederick Douglass Blvd and 156th 0.40 miles

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