Total Est. Monthly Carrying Cost:
$19,909 ($4.42/ft2)
Note: the above is based on a down payment of 70% ($5,460,000),
which is the minimum amount permitted by the building.
Description
Bring your architect!! One of a kind of semi raw space on Madison Avenue. A Full Floor at A neo-Renaissance style, limestone-clad landmark building designed by W.L. Rouse & L.A. Goldstone. This second-floor unit at 31 East 72nd Street has a great deal of potential, either as a commercial, residential space or both (live-work), and its spacious layout leaves room for plenty of creativity.
The new owner of this Upper East Side home will be invited to do a completely different kind of exploration The super unique, grand, lofty space is accessible from both an elegant private entrance from the street or could be through the lobby of the full service cooperative. In addition the spaces features, exquisite wooden work and ceiling moldings, about 4,500 square feet with oversized windows (all new 18 double pane windows) that provide lovely tree-line views of 72nd Street. All new Central Air installed!!! 31 East 72nd Street is a well-managed coop building which allows a very low maintenance of $4,387 per month.
Located at the North East corner of 72nd street and Madison Avenue, one block from Central Park in the Gold Coast of the Upper East Side and close to everything. The White Glove Coop features 24/7 doorman service and elevator operator, superintendent, laundry room, wine cellar, private storage, pets are welcome with board approval and Pied-a-terres permitted. 30% financing is allowed. 1.5% flip tax paid by buyer.
A Covid-related special assessment of $8,559 has been in place since May 2020 and is currently being reviewed.
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