- Bathrooms 1
- Maint/CC $427
- Price $486,000
This well-proportioned high floor studio in the Seward Park Co-op is the perfect place to call home. The apartment
has been painted and freshened up, including a new stove. Move-in ready, or if you prefer to renovate, there are many potential layout and design options. The expansive living area can easily be divided into separate sleeping and living spaces with the installation of a dividing wall. Additionally, the kitchen can be converted from its existing eat-in layout to one with a breakfast bar or open counter space. This would result in a loft-like feel complete with multiple exposures and bright, wide open views.
Exposure to the west and south allow for spectacular skyline views of downtown Manhattan, as well as a bright and sunny apartment. The high floor and overall orientation of the building itself also contributes to a quiet oasis, set back substantially from any city streets.
The Seward Park Cooperative offers on-site parking, bicycle storage, personal storage, an indoor children's playroom, two private outdoor playgrounds, a gym, a community room, shared office space, a children's organic community garden, composting, 24/7 maintenance services on site, 24-hour lobby attendants, and several acres of grass and private green space for reading books and relaxing outdoors. Conveniently situated within three blocks of the subway at Delancey/Essex St (F/M/J/Z) and East Broadway (F), north and south-bound access to the FDR, and just a few blocks from the M15 Select Bus Service, getting to and from work is seamless. The property is also situated for easy vehicular access to Brooklyn via the Williamsburg, Manhattan, and Brooklyn Bridges.
Topping off the list of amenities is a low monthly maintenance fee of just $427.22. Note: There is an additional assessment of $31.95 per month in place for complex-wide facade and roof repair through 7/31/19.
After two years of ownership, the Seward Park Co-op allows for subleasing with an additional monthly fee equivalent to 50% of maintenance. After two years of subletting, the fee increases 50% and escalates by the same amount every two years while a subtenant is in place. The fee is capped at 300% of monthly maintenance in years 11 and beyond. The co-op allows pied-de-terres, co-purchasing, gifting, and guarantors subject to Board approval.