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517 West 48th Street, #2RW

$350,000 | Studio, 1 bath
Building Profile  | 
47 days on Market

Key Details

  • Listed: Sep 19, 2024
    Days on Market: 47
    Building Type: Cooperative
    Neighborhood: Midtown West (Manhattan)
Monthly Maintenance: $250
Est. Monthly Mortgage: $1,855
Total Est. Monthly Carrying Cost: $2,105
Note: the above is based on a down payment of 20% ($70,000), which is the minimum amount permitted by the building.

Description

Discover charming living at an *exceptional value* and low maintenance with this stunning prewar *HDFC* studio, located in the heart of Midtown West. Situated just one easy flight up, this beautiful residence blends classic elegance with modern conveniences. The inviting foyer opens to a separate windowed kitchen, perfect for culinary creativity, while the gleaming hardwood floors and spacious closet add both style and practicality to this thoughtfully designed home.

This is an HDFC middle income building which allows an AMI (Area Median Income) up to 130%.

This income restriction is based on family size:

Family Size
1 - $141,310
2 - $161,590
3 - $181,740
4 - $201,890
5 - $218,010

Investors and pied--terres are not permitted, as this property must serve as a primary residence. One pet per household is allowed with board approval. No dogs permitted.

The area surrounding *517 West 48th Street* is a hub for vibrant nightlife, culinary delights, and world-class entertainment.

Just steps from your door, you can dine at renowned spots like Aejo for inventive Mexican fare and craft tequila cocktails or Chez Josephine, a French bistro with a charming, old-world ambiance. For something more casual, 5 Napkin Burger is a local favorite for gourmet burgers and craft beers. After dinner, enjoy Hells Kitchens thriving nightlife scene at Bar Nine, a popular live music venue, or sip cocktails with stunning views of the city at Sky Room, one of the highest rooftop bars in Manhattan.

Broadway enthusiasts will appreciate being walking distance from top shows like Hamilton at the Richard Rodgers Theatre or Moulin Rouge!

at the Al Hirschfeld Theatre. For a more intimate theater experience, Playwrights Horizons showcases cutting-edge Off-Broadway productions. The neighborhood is also ideal for outdoor lovers with Hudson River Park just blocks away, offering serene waterfront walks, bike paths, and recreational piers. Additionally, with access to Times Square and Port Authority subway lines A, C, E, 1, 2, 3, N, Q, R, W, 7, and S, you can easily explore all that New York City has to offer.

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Listing courtesy of MANTUS REAL ESTATE

Pricing History

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About 517 West 48th Street

Building Amenities

  • Conversion Year: 1987
  • Pre War

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Subways

  1. C
  2. E
at 8th Ave and 51st 0.41 miles