Amazing opportunity to own a NO BOARD APPROVAL, NO INTERVIEW and INVESTOR FRIENDLY bright 1 bedroom, 1-bathroom with high ceilings in the heart of Lenox Hill. Half of maintenance is tax deductible which makes for a low, net after tax ownership cost. A charming corner condop with northern and western exposure, this 1-bedroom, 1-bathroom home is an exemplar of classic New York City living. Features of this 769 sq. ft. apartment include parquet hardwood flooring, large windows, a convenient in-home washer/dryer, motorized shades and a spacious balcony graced with picturesque views of the surrounding skyline.
The home opens into a closet-adorned foyer and then flows into a luminous living and dining area. The living area leads out onto the balcony while the dining space lies adjacent to a galley-style kitchen equipped with an abundance of cabinet space and a suite of high-end stainless steel appliances. The large bedroom sits off the living area and possesses a walk-in closet, an additional reach-in closet, and direct access to the home’s full bathroom.
Set in the heart of the Upper East Side, The Forum is a cooperative building known for having condominium bylaws and very flexible subletting rules. Amenities include a full-time doorman, private 24-hour fitness facility, garage, rooftop deck, sauna, and steam room. 10% financing, pieds-a-terre, and pets allowed. The building is surrounded by restaurants, cafes, grocery stores, and shops, and is just a few blocks away from the newly opened Q subway line.
Financial Note: This building has a long-term ground lease. Thus, the purchase price (and cash needed to close and mortgage amount) is lower than the condo competition, but the monthly maintenance is a bit higher. The desirability of this arrangement depends on the buyer's financial style. We are happy to discuss the details of this arrangement.