211 East 88th Street, #3B

This grandly proportioned Prewar 1-bedroom apartment features like new modern luxuries while maintaining old world charm. Features include high ceilings, oversized south facing windows with great natural light, hardwood flooring, generous closet space, renovated eat-in-kitchen, spacious living area and french doors leading to the large bedroom which can easily fit a queen size bed with all the furnishings. Located on beautiful wide tree-lined street in the heart of the Upper East Side, you are surrounded by nightlife on 2nd ave, the finest restaurants, cafes, shopping and your just around the corner from Whole Foods! The building features a laundry room and a live in superintendent and an on-site Laundry facility it just doesn’t get any better than this at under 500K. But wait I didn’t tell you the best part.

This is a coop that can be your lovely home and an investment. Certainly you can find thousands of coops in the city but only a handful of buildings allow you to rent your coop out from day one of ownership with board approval. Even fewer let you rent out for an unlimited time period as many have a 1, 2 or 3 year limit on how long you can rent your apartment before you must live in it for a certain number of years.

Then if you are lucky to find one that will let you rent it out for an unlimited time you will find that the coop will charge you a rental fee on top of your maintenance of anywhere between 10 to 30% per month additional. This is one of only a handful of apartments in Manhattan that truly allows for unlimited subletting from day one if you wish and does not charge you an additional fee to sublet and most importantly doesn’t limit the amount of years you can sublet. A home that is not just a home but an investment which can make money for you today or tomorrow or whenever you need it.

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