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343 East 74th Street, 19-B

Upper East Side   |   Second Avenue & First Avenue

Price Drop
Condop [Full Service]
$ 975,000 [ 15.22% | $ 175,000 ]
Rooms 4.5
Bedrooms 2
Bathrooms 2.5
Status Active
Maintenance [Monthly] $ 3,855
Financing Allowed 90%
Listing ID: 1906376

Property Description

High-Floor, Bright, Corner, 2 Bedroom, 2.5 bath Condop. Many large windows, most facing East. Private balcony to North open views. No Board Approval, No Financing Limits. Pied a Terre use allowed. Pets OK. No ownership waiting period for subletting nor limit on the number of sublease terms. Reasonable asking price and low net after tax ownership cost. Reasonable alteration procedure. Only 4 apartments per floor in the tower make for maximum privacy. Common hallways recently redone. Unusual opportunity to take advantage of the low mortgage rates and to acquire a very nice-sized 1,111 sf apartment with split bedrooms (each with an en suite marble bath), a powder room, great closets, a W/D, as well as a renovated open kitchen at the very attractive asking price below $900/sf. Free 24/7 gym. Roof deck. Direct-access, attended garage. This UES apartment is just 2 ½ blocks from the new 72nd Street entrance to the new Second Avenue Subway, which makes this apartment more centrally located than when the building was originally built. The impact of a relatively high maintenance of $3,705/month is more than offset by (a) its tax deductibility and (b) the unit's low asking price. Ask your CPA to run the numbers for its exact impact on you. The low asking price is made possible in part by the very long term land lease (with over 100 years to run, as renewed).
High-Floor, Bright, Corner, 2 Bedroom, 2.5 bath Condop. Many large windows, most facing East. Private balcony to North open views. No Board Approval, No Financing Limits. Pied a Terre use allowed. Pets OK. No ownership waiting period for subletting nor limit on the number of sublease terms. Reasonable asking price and low net after tax ownership cost. Reasonable alteration procedure. Only 4 apartments per floor in the tower make for maximum privacy. Common hallways recently redone. Unusual opportunity to take advantage of the low mortgage rates and to acquire a very nice-sized 1,111 sf apartment with split bedrooms (each with an en suite marble bath), a powder room, great closets, a W/D, as well as a renovated open kitchen at the very attractive asking price below $900/sf. Free 24/7 gym. Roof deck. Direct-access, attended garage. This UES apartment is just 2 ½ blocks from the new 72nd Street entrance to the new Second Avenue Subway, which makes this apartment more centrally located than when the building was originally built. The impact of a relatively high maintenance of $3,705/month is more than offset by (a) its tax deductibility and (b) the unit's low asking price. Ask your CPA to run the numbers for its exact impact on you. The low asking price is made possible in part by the very long term land lease (with over 100 years to run, as renewed).

Listing Courtesy of Warburg Realty Partnership, Ltd.

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Apartment Features

A/C [Central]
Washer / Dryer
Washer / Dryer Hookups

Outdoor

Balcony
343 East 74th Street Upper East Side New York NY 10021

Building Details [343 East 74th Street]

Ownership Condop
Service Level Full Service
Access Elevator
Pet Policy Pets Allowed
Block/Lot 1449/7502
Building Type High-Rise
Age Post-War
Year Built 1987
Floors/Apts 25/149

Building Amenities

Bike Room
Fitness Facility
Garage
Roof Deck
Sauna
Steam Room

Building Statistics

$ 959 APPSF

Active Sale Listings

$ 946 APPSF

Contracts Signed

$ 906 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.