Total Est. Monthly Carrying Cost:
$4,378 ($7.96/ft2)
Note: the above is based on a down payment of 20% ($122,000),
which is the minimum amount permitted by the building.
Description
Versatile, spacious, bright, and perfectly convenient Lenox Hill gem!
This converted 1-bedroom unit blends the best of all worlds. Whether used as a primary residence, pied-a-terre, or investment property, it allows you to save on a substantial mortgage tax (like a co-op) while granting you the more relaxed rules of a condo (like subletting from day one).
Facing the private, zen-like, rear courtyard of the building, you immediately appreciate the serene setting upon entering the home. It is excellently kept and has virtually no wasted space.
The long and spacious living room invites you to put your creative juices to work, for an array of design choices, all while receiving plenty of natural light from the oversized windows.
Through the French doors is the bedroom.
Currently also used as a home office, the Murphy style bed allows for maximum efficiency.
The cheerful kitchen offers all of the modern amenities to prepare your favorite meals under its handy track lighting. There is a chic sliding barn door to have the space open or keep it hidden.
The bathroom is generously sized, in case one prefers to install a washer/ dryer.
The Royal York is an upscale building offering concierge, onsite parking, a live-in resident manager, a large landscaped courtyard, a fitness room, storage rooms for bicycles and additional items, a common laundry room, and more.
This is a truly excellent opportunity!
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