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In Contract

316 West 47th Street, #3F

$699,000 | 2 beds, 1 bath
Building Profile  | 
114 days on Market

Key Details

  • Listed: Jul 31, 2024
    Days on Market: 114
    Building Type: Cooperative
    Neighborhood: Midtown West (Manhattan)
    Listing viewed 111 times
Monthly Maintenance: $748
Est. Monthly Mortgage: $3,709
Total Est. Monthly Carrying Cost: $4,457
Note: the above is based on a down payment of 20% ($139,800), which is the minimum amount permitted by the building.

Description

Sparkling 2 Bedroom HDFC home just $699,000 with ultra low $748 maintenance, plus washer dryer!

This beautiful two bedroom home is move-in ready, and so much more than you would expect at the price. There is a gorgeous 26’ living room with soaring ceilings, a generous 16’ primary bedroom, plus a charming 11’ second bedroom/den through beautiful French doors. The windowed bathroom is huge, and has convenient entrances from both the primary bedroom and the main hall for guests; it even includes a separate laundry area with your own washer/dryer.

The 14’ windowed kitchen has two work zones, tons of cabinet space, modern appliances, plus a wide open pass thru to the dining area.

Additional features include strip hardwood floors, large double deep closets throughout, and two-zone baseboard heating.

But the best perk is the maintenance - it’s only $748/month! And if you love the decor - the apartment can be delivered turn-key with furniture.

Building Notes:
Located on a picturesque tree-lined street in the heart of the Theater District, 316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It was COMPLETELY GUT-RENOVATED in 2003 when converted to co-op, and features new windows, new electric and plumbing, baseboard heating, and in-unit sprinkler system.

Best of all - this debt free building boasts INCREDIBLY low maintenance, making homes here extra-affordable. 80% financing permitted. Flip tax is 30% of gross profit. Sorry, no pets or smoking permitted. Please note that this co-op is for primary residence only.

316 West 47th Street was rebuilt as part of the city’s HDFC co-operative ownership program in 2003.

Under 2024 guidelines, here are allowable maximum buyer incomes:

Single Person Household: $130,440
Two Person Household: $149,160
Three Person Household: $167,760
Four Person Household: $186,360

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Listing courtesy of Olshan Realty Inc

Pricing History

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About 316 West 47th Street

Building Amenities

  • Brownstone
  • Pre War
  • Central AC
  • Intercom

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Subways

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at 8th Ave and 51st 0.19 miles
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at 8th Ave and 44th 0.24 miles
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at Broadway and 53rd 0.40 miles
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at 6th Ave and 51st 0.40 miles

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