Total Est. Monthly Carrying Cost:
$4,830 ($4.14/ft2)
Note: the above is based on a down payment of 20% ($119,800),
which is the minimum amount permitted by the building.
Description
The opportunity to create your dream duplex with two bedrooms, two bathrooms, and a large roof deck awaits. Currently the apartment is a large open 737 square foot loft with a sleeping alcove, open galley kitchen, and a full bath. There are dramatic 12 foot ceilings, exposed brick and a fabulous wood burning fireplace.
The apartment comes with explicit roof rights enabling you to build a staircase to the roof and create an additional bedroom, full bathroom plus private outdoor space for a total of approximately 1167 interior square feet with an approximately 300 square foot roof deck. Skylights that stream light into the home are also possible. There is a Coop Board formula in place that describes how many shares will need to be purchased based on the combined square footage of both new interior and private exterior space on the roof.
Details furnished upon request. The Bakery was a former early automobile garage built in 1920 and then became a bakery before being converted to a boutique walk-up residential cooperative in the 1980s. The building recently underwent a complete lobby, facade and common space renovation and the result is a refreshing industrial chic vibe. Washer dryer allowed in units, so too are pets. Bike Room ($20/bike), Laundry Room, Package Room and Virtual Doorman included.
Liberal Sublet Policy and Pied a Terre allowed. Located in trendy West Hell's Kitchen with the amazing Sullivan Street Bakery on the block, and just one block to the Hudson River bike path and esplanade. You are also near the luxurious Landmark Theater, Broadway and off-Broadway, Hudson Yards, and Restaurant Row.
This sale is ideal for someone who wants a duplex loft in an exciting neighborhood and has the vision to make the space truly shine. $179 monthly assessment ends April 2021.
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