Total Est. Monthly Carrying Cost:
$21,684 ($9.49/ft2)
Note: the above is based on a down payment of 20% ($559,000),
which is the minimum amount permitted by the building.
Description
*Lowest price per sqft in the building - $1,223 per sqft*
The Chatsworth is a Co-op conversion with Condo-like ease of ownership. Right of first refusal, no board approval required.
Purchasing Advantages:
• No underlying mortgage at the building
• Lower tax basis = lower mo.
maintenance
• No land-lease
• No restrictions on pied-a-terre purchasers No restrictions on family gifting
• Purchasing via LLC, trust, or corp. is OK
• Lower closing costs
• No requirement to obtain title insurance
• No mortgage recording tax for co-op loan
FABULOUS PREWAR CO-OP WITH CONDO RULES - NO BOARD INTERVIEW SUBLETTING AND PIED-A-TERRE ETC PERMITTED
Mint-renovated Pre-war style home in an exceptional and convenient Upper West Side location! This oversized, mint-condition, and peaceful 2 Bedroom / 2.5 Bath + windowed Home office (approx 2,286 SF) has multiple options for conversion to a 3 bedroom.
This home which has direct views over the greenery of Riverside Park and overlooking the vast riverfront Hudson River Parkway system — is beautifully appointed with both classic Old World details and modern, renovated conveniences. With a gracious Entry Gallery with coffered ceiling leading into a large open Living Room, brightly lit through steady, northern exposure in historical frame windows, the home features wide oak flooring, custom millwork, and architectural moldings throughout.
A windowed, designer Kitchen offers the best in luxury design with a Verona range, Gaggenau refrigerator, Miele dishwasher, wine fridge, custom cabinetry, and quartzite countertops.
The primary suite bedroom -- overlooking a quiet, four-season garden -- boasts a 10-foot-deep walk-in closet and a windowed, spa-like bath with Carrera and Bardiglio stone throughout, double vanities, Kallista fixtures, a walk-in shower plus free-standing tub, and radiant-heated floors, while the second bedroom offers an en suite bath with porcelain tile and glaze mosaic walls.
A windowed Home Office/Library with custom built-in desk and shelves, as well as central zoned air conditioning, a pre-wired sound system, and a Bosch washer and dryer, complete the picture for a perfect city home.
The stately, full-service, doorman Chatsworth building with its grand, hotel-like lobby has been fully restored to its early Edwardian glory with an ornate fireplace and extensive guest seating areas, But that is just the tip of the iceberg considering the 20,000 SF suite of building amenities which include an elegant library/business center, a residents’ club lounge, a modern fitness center, as well as a screening room, game room, children’s playroom, bike room, and extra storage room.
The highly desirable location – close to the aforementioned river parks and a dog-run park – is also close to Central Park, Lincoln Center, express subway station transportation, an abundance of Upper West Side shopping, dining, and entertainment options, and the co-op’s flexible sublet policy, easy pet policy, and condo-like rules offer unique opportunities to buyers preferring guarantors and pied-a-terre (weekend) residencies.
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