1 Bed 1 Bath Condo For Sale $399,000 450 sqft ($887 per sqft)
Broker: Pamela Wolfe Corcoran
(READ TO THE END FOR SPECIFIC HDFC PURCHASE REQUIREMENTS)This one's the unicorn: a beautifully renovated and incredibly affordable one bedroom in Chel
...read more(READ TO THE END FOR SPECIFIC HDFC PURCHASE REQUIREMENTS)This one's the unicorn: a beautifully renovated and incredibly affordable one bedroom in Chelsea with extremely low maintenance. The home is in mint condition with luxury finishes and clean, contemporary lines, including high ceilings, new hardwood floors and moldings, pocket doors, and windows in every room . 408 West 25th Street #3RW is only two flights up in a charming, pre-war, HDFC cooperative. Facing the back, it is pin-drop quiet and very private. The new kitchen sparkles with granite counters, marble subway tile and stainless appliances, including a Bertazzoni stove and range hood, Liebherr refrigerator and stainless dishwasher. The living area is flanked by a built-in dining bar. The south-facing bedroom fits a king-sized bed, nightstands, dresser and even a desk. The updated, windowed bathroom has Toto fixtures. The financially sound and well-run building is wired for cable and FIOS, is pet friendly, and allows washer dryers. The building entry and hallways are currently undergoing renovation - at no additional cost to shareholders. The neighborhood can't be beat - across from Citizen cafe, Sullivan Street Bakery, a block from the HighLine and Chelsea's art galleries, Hudson Yards, Hudson River Park and a stone's throw from Whole Foods, Trader Joes and Fairway. 408 W. 25th Street #3RW offers an affordable alternative (with $550/month maintenance) for those who appreciate high end finishes. Requirements for this 50% down HDFC coop include a total household income not to exceed $53,000 per year at the time of purchase, and use as a primary residence (no investors or pieds a terre). NO other real estate can be owned. Gifting is allowed as is limited subletting for two years after 4 year periods. Flip tax of $10,000 paid by seller.
