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229 East 24th Street, #7

Listing no longer available on CityRealty as of Mar 8, 2019
It previously was on the market for a total of 155 days.
Last Sold on Sep 27, 2013 for $629,500
2 beds, 2 baths | Approx. 1,200 ft2
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  • Buyers
  • Susan Hui-chai Chie
  • Sellers
  • Kenneth M Corriveau
  • Pamela M Corriveau
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155 days on Market

Pricing History

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Key Details

  • Listed: Oct 4, 2018
    Last Price Change: ($75,000) on Nov 13
    Days on Market: 155
    Building Type: Condominium
    Neighborhood: Gramercy Park (Manhattan)
    Listing viewed 252 times
Monthly Common Charges: $695
Monthly Real Estate Taxes: $1,996
Total Taxes & Fees: $2,691 ($2.24/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $8,124 ($6.77/ft2)
Note: the above is based on a down payment of 20% ($205,000), which is the minimum amount permitted by the building.

Description

11/26/18 No more showings contracts out. Large price reduction. Priced to sell!! Beautifully renovated full floor two bed + two bathroom boutique condo with extra large living area and loft like feel. Attractive investment property as previously was being rented at $6750 as a converted 4 bedroom BEFORE all the renovations were done.

4.67% Cap rate as an investment set up as a 4 bedroom. This apartment has a brand new kitchen with granite counters and tile back-splash, full stainless appliance array, an in unit washing machine, and beautiful wide mahogany hardwood flooring throughout. With renovations just complete, this apartment has not been lived in.

Easily converted to a 3 BR or 4 BR for enhanced rental income. Financing possible with 30% down payment due to one entity owning more than 50% of units. Please note there is an assessment for approximately $543 a month which is not reflected in the maintenance and is indefinite.

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About 229 East 24th Street

Building Amenities

  • Resident Storage
  • Elevator

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