160 East 27th Street, 12-C

Kips Bay   |   Lexington Avenue & Third Avenue

Price Drop
Co-op [Voice Intercom]
$ 485,000 [ 2.81% | $ 14,000 ]
Rooms 3
Bedrooms 1
Bathrooms 1
Status Active
Maintenance [Monthly] $ 975
Financing Allowed 80%
Listing ID: 1877402

Property Description

Ideal investment opportunity (unlimited subletting from day one), primary residence or pied a terre. Parents buying for children is permitted! Situated on the penthouse floor, this one bedroom, one bathroom home features an abundance of light, ample closets, galley kitchen, full bathroom with tub and hardwood floors. The space allows for multiple layouts. Currently configured as a one bedroom, the apartment can be opened up and made into a sprawling alcove studio or the current bedroom can be enlarged. Bring your contractor and create the home of your dreams. This boutique co-op has a recently renovated lobby, laundry room, live-in super and two elevators. Again, unlimited subletting allowed from day one of ownership with board approval. 5% cap rate based on the purchase price plus a total renovation. Located conveniently close to multiple subway lines and means of transportation in addition to some of Manhattan's finest dining and entertainment venues.
Ideal investment opportunity (unlimited subletting from day one), primary residence or pied a terre. Parents buying for children is permitted! Situated on the penthouse floor, this one bedroom, one bathroom home features an abundance of light, ample closets, galley kitchen, full bathroom with tub and hardwood floors. The space allows for multiple layouts. Currently configured as a one bedroom, the apartment can be opened up and made into a sprawling alcove studio or the current bedroom can be enlarged. Bring your contractor and create the home of your dreams. This boutique co-op has a recently renovated lobby, laundry room, live-in super and two elevators. Again, unlimited subletting allowed from day one of ownership with board approval. 5% cap rate based on the purchase price plus a total renovation. Located conveniently close to multiple subway lines and means of transportation in addition to some of Manhattan's finest dining and entertainment venues.

Listing Courtesy of Compass

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Apartment Features

A/C [Through the Wall]
160 East 27th Street Kips Bay New York NY 10016

Building Details [160 East 27th Street]

Ownership Co-op
Service Level Voice Intercom
Access Elevator
Pet Policy Pets Allowed
Block/Lot 882/50
Building Type Mid-Rise
Age Post-War
Year Built 1963
Floors/Apts 12/69

Building Amenities

Laundry Rooms
Private Storage

Building Statistics

$ 934 APPSF

Active Sale Listings

$ 859 APPSF

Contracts Signed

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.