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In Contract

The Forum, 343 East 74th Street, #PHD

$795,000 ($427 per ft2) | 3 beds, 3.5 baths | Approx. 1,862 ft2
Building Profile  | 
80 days on Market

Key Details

  • Listed: Sep 4, 2024
    Days on Market: 80
    Building Type: Condop
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 328 times
Monthly Maintenance: $9,350 ($5.02/ft2)
Est. Monthly Mortgage: $4,775
Total Est. Monthly Carrying Cost: $14,125 ($7.59/ft2)
Note: the above is based on a down payment of 10% ($79,500), which is the minimum amount permitted by the building.

Description

MAJOR PRICE REDUCTION FOR IMMEDIATE SALE. With nearly 1,900 square feet, this newly, and thoughtfully renovated duplex offers phenomenal value at only $427/SF. Own an incredible apartment for an unbeatable price. The Forum is known for having one of the most favorable and transparent land leases in the city. The lease expires in 2085 (61 years left) with renewal rights for another 50 years past the expiration date. The lease terms are outlined with predetermined and increases every 1 years. There are no current or upcoming assessments. No flip tax. Included in the monthly maintenance: heat, water, gas, cable, gym. You simply cannot find a comparably priced 3 bed, 3.5 bath in a full-service building with this level of renovation, space, views and light. Upon entering, you’ll instantly be impressed by the expansive feeling and idyllic layout of this corner Penthouse.

With South and West exposures, along with the large windows and high ceilings, you can enjoy a bright apartment during the day, followed by a breathtaking evening sunset. In the eat-in kitchen, you’ll find top-of-the-line Miele appliances, as well as beautifully crafted custom tiling. A large dining table can sit perfectly along the double deck windows where you’ll overlook the stunning city skyline. Next to the dining area, you’ll find a large living room with a custom fireplace, as well as a conveniently located powder room.

On the opposite end, there’s a bedroom with built-in closets and shelving. It has an ensuite bathroom and can fit a queen-sized bed. A custom staircase leads to a spacious corner, primary bedroom, which has a large walk-in closet, and an ensuite bathroom fit with a deep soaking tub, and double vanity. On the adjacent side of the staircase, lies both the third bedroom as well as its own ensuite bathroom.

– Perfect for privacy! Additional modern conveniences include low voltage automated shades and an in-unit washer and dryer. Don’t miss this rare opportunity to purchase your dream home. PUBLIC TRANSPORTATION: · 3 minutes to the express Q/N and local R and short distance to the local 6 train. THE BUILDING · 24-hour doorman · live-in superintendent · parking garage · common roof deck · fitness center with steam and sauna · all purchase scenarios are allowed · pets allowed · unlimited subletting is welcome with no additional building fees NEIGHBORHOOD HIGHLIGHTS · John Jay Park · great restaurants and shops · easy access to the FDR Drive

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Listing courtesy of Compass

Pricing History

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About The Forum, 343 East 74th Street

57

The Forum, 343 East 74th Street has received a CityRealty Rating of 57, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

21
Out of 44
+
21
Out of 36
+
15
Out of 39
=
57
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Unattractive 3 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Attractive 2 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unrelated Base 0 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 30 blocks 3 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room
  • Fireplaces
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Concierge
  • Balconies
  • Close to Subway
  • Climate-control in apartments
  • Good views from upper floors
  • Health club
  • Garage
  • Roofdeck
Cons
  • Ungainly architecture
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Subways

  1. 6
at Lexington Ave 0.34 miles

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