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160 Ninth Avenue, #3A

Listing no longer available on CityRealty as of Dec 6, 2018
It previously was on the market for a total of 244 days.
3 apartments are currently available in this building.
244 days on Market

Pricing History

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Key Details

  • Listed: Apr 6, 2018
    Last Price Change: ($6,000) on Aug 5
    Days on Market: 244
    Building Type: Cooperative
    Neighborhood: Chelsea (Manhattan)
    Listing viewed 216 times
Monthly Maintenance: $864
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $3,618
Note: the above is based on a down payment of 20% ($103,800), which is the minimum amount permitted by the building.

Description

INVESTORS, this is an amazing opportunity to buy in a prime location at significantly below market value by granting the elderly seller a life estate and reclaiming the apartment in the near future. Here is a unique opportunity to own in a landmarked, early 19th Century red brick townhouse nestled in one of the best blocks in Chelsea. Built in 1835 and converted to a co-op in 1982, this Greek Revival townhouse is now a pet-friendly, walk-up co-op comprised of 4 floors and 13 apartments. Just two flights up is Apartment 3A with 10.5-foot ceilings, 3 large double-glazed windows, bright living and bed rooms, an open kitchen, and a decorative fireplace.

Its owner-occupant seeks to sell at a signifiant discount to market value and continue to live in the apartment under a life estate, making this an attractive investment opportunity for the right buyer. 162 Ninth is located around the corner from Chelsea Market, the High Line, the Meatpacking District, and some of the city's best restaurants and museums. Within quick short distance are gourmet stores, the A/C/E/1/2/3/L subway lines and other abundant services.

Pieds-a-terre, Sublets and Co-purchases are permitted once the life-estate has been reclaimed by the new investor/owner. Interested buyers will be requested to complete a Purchase Offer before viewing, and all viewings will be schedule by appointment only. Key Words: investor, investment, tenant.

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Apartment Amenities

  • Western Exposures

About 160 Ninth Avenue

Building Amenities

  • Conversion Year: 1981
  • Walk Up
  • Intercom

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Other Apartments Available in this Building (2)

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