Set within one of the Upper East Side's most architecturally distinctive landmark buildings, this bright 2 bedroom, 2 private outdoor spaces residence at The Cherokee offers an exceptional opportunity for ...


Property

Website:https://www.nestseekers.com/5503338
Address:
516 East 78th Street Apt: 4C
New York, NY 10075
Cross street:York Avenue
Type:Low-rise
Era:Post-war
Floors:6
Ownership: Co-op
Rooms: 3
Bedrooms: 2 BR
Bathrooms: 1
Pets: No Pets Allowed

Financials

Price:$525,000
Maintenance:$1,376
Financing Allowed:80%
Minimum down:$105,000

Description

Set within one of the Upper East Side's most architecturally distinctive landmark buildings, this bright 2-bedroom, 2 private outdoor spaces residence at The Cherokee offers an exceptional opportunity for first-time buyers, professionals, investors, and pied-à-terre seekers alike. Monthly maintenance is just $1,376 - an exceptionally low figure that already includes gas and electricity, making this an outstanding value in today's market.

Bathed in natural light, the apartment features dramatic floor-to-ceiling windows, rich hardwood floors, and original details that speak to the building's storied 1909 Beaux-Arts heritage. Both bedrooms enjoy generous light and each opens onto its own private balcony - a rare double feature in this price range. The kitchen is functional with gas range and ample cabinetry. Freshly painted and move-in ready.

Located directly across from John Jay Park and the East River Esplanade in Lenox Hill, The Cherokee is a landmark building comprised of four elegant courtyard buildings with richly detailed architecture. The building is extremely well-managed with strong financials, a live-in superintendent, attentive staff, central laundry, bike storage, and a package room.

Investor-friendly: the apartment can be rented from day one of ownership. The building also welcomes parents purchasing for children, co-purchasing, guarantors, and pied-à-terres, with a flexible sublet policy. Pet-friendly.

Superb transportation access with the 4/5/6 express trains at 77th Street and the Q train at 72nd Street just moments away.

Contact us today to schedule a private showing.

Amenities

Bike Room; Courtyard; Laundry Room; Private Storage For Fee;
  • Balcony
  • Courtyard
  • Laundry Room
  • Video Intercom
  • Walk-up

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Serhant LLC

516 East 78th Street New York NY 10075 USA