Carnegie House

100 West 57th Street, 7G

Midtown West   |   Avenue of the Americas & Seventh Avenue

Price Drop
Co-op [Full Service]
$ 299,900 [ 11.53% | $ 39,100 ]
Rooms 3
Bedrooms 1
Bathrooms 1
Status Active
Maintenance [Monthly] $ 2,282
Financing Allowed 70%
Listing ID: 125417

Property Description

Why Buy Apt 7G at The Carnegie House, a Land-Lease Coop with Potential Land Acquisition? Location: Billionaires' Row facing Sixth Ave, two blocks from Central Park, on the route of The Thanksgiving Day Parade (you will have more friends than you know what to do with). Size: HUGE one bedroom/ one bath approximately 950 sf. Best Buy in NYC. At least 50% LESS than comparable coops on Billionaires' Row and priced with consideration for potential acquisition of land, Full-Service white glove coop, Board is working on acquiring land leading to: increased value of coop, reduction in maintenance (if shareholder pays assessment in cash) probable conversion to condop. Land-Lease resets every 25 yrs. Next reset in 4 years (only if there is no acquisition of land) - increase in maintenance unknown, If land is acquired there will be an assessment based on a price per share. Unique Board Requirement: Post-closing liquidity required of approx $1M or equal to fair market for apt. This will be an all-cash deal. Ongoing assessment of $384.40
Why Buy Apt 7G at The Carnegie House, a Land-Lease Coop with Potential Land Acquisition? Location: Billionaires' Row facing Sixth Ave, two blocks from Central Park, on the route of The Thanksgiving Day Parade (you will have more friends than you know what to do with). Size: HUGE one bedroom/ one bath approximately 950 sf. Best Buy in NYC. At least 50% LESS than comparable coops on Billionaires' Row and priced with consideration for potential acquisition of land, Full-Service white glove coop, Board is working on acquiring land leading to: increased value of coop, reduction in maintenance (if shareholder pays assessment in cash) probable conversion to condop. Land-Lease resets every 25 yrs. Next reset in 4 years (only if there is no acquisition of land) - increase in maintenance unknown, If land is acquired there will be an assessment based on a price per share. Unique Board Requirement: Post-closing liquidity required of approx $1M or equal to fair market for apt. This will be an all-cash deal. Ongoing assessment of $384.40

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C [Central]
100 West 57th Street Midtown West New York NY 10019

Building Details [100 West 57th Street]

Ownership Co-op
Service Level Full Service
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1009/29
Building Type High-Rise
Age Post-War
Year Built 1963
Floors/Apts 22/323

Building Amenities

Bike Room
Common Storage
Garage
Laundry Rooms
Valet Service

Building Statistics

$ 496 APPSF

Active Sale Listings

$ 507 APPSF

Contracts Signed

$ 251 APPSF

Closed Sales Data [Last 12 Months]

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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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.