408 25TH #4FW
NewYork, Chelsea, New York City, NY
$426,500
4.435
127.46
Welcome to this delightful two-room studio in Chelsea, a true refuge from the bustling city. It's spacious, inviting, and intuitive. The 9.5-foot ceilings create a sense of air and light, while the windowed eat-in kitchen has been thoughtfully renovated to include a dishwasher, washer/dryer combo unit and brand new cooktop. Modern touches include lighting mounted underneath the cabinets, sleek grey lower cabinetry and a new refrigerator.
The bright and airy main space has two large windows that allow plenty of light in from the tree-lined street. A decorative fireplace provides a focal point for the living area. Even with a full seating arrangement the space is large enough to easily fit a double closet, Murphy bed and desk. Beautiful hardwood floors and a ceiling fan add to the levels of comfort in this inviting room.
A second large closet offers more storage behind the kitchen, and the windowed bath has a full size tub/shower and updated vanity. The unit is located three flights up.
The main entrance and common areas have recently undergone improvements, including a new brick fa ade, stoop, entryway, intercom, stairwells and hallways. This charming pet friendly co-op is conveniently located near the Chelsea Recreation Center (with gym, swimming pool and various activities), Trader Joe's, Whole Foods, Fairway and Chelsea Market. Close to the C/E trains at 23rd St., The Highline, Hudson River Park, Chelsea Piers sports complex, restaurants, art galleries and more.
This is a great opportunity to own your own home in a prime area of Manhattan!
IMPORTANT: This is an HDFC co-op with restrictions for income, resale and subletting.
-Total household income cannot exceed $67,200 per year at the time of purchase
-50% down payment required
-The co-op does not require considerable liquid assets after closing
-Gifting is allowed. Must be your primary residence
- Applicants cannot own other real estate.
- No investors or pied a terre
-Owner can sublet for two years out of every six years after their first four years of ownership
- Short term sublets are not allowed
-$10,000 flip tax for future resale
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