Seller offers a maintenance rebate of $375 per month for 3 years (a $13,500 credit). The credit will be given as a lump sum, deducted from the Contract of Sale price. The monthly maintenance without the rebate is $2,284. Amazing and rare 300 square foot terrace with sunny south and west city views. Newly renovated open kitchen with an eat-in peninsula, high-end stainless steel appliances, top quality cabinets, black granite countertops, and new fixtures. The windowed bathroom has also been renovated. Originally a one-bedroom apartment, this penthouse-style residence is redesigned with two bedrooms the main bedroom large enough to fit a queen or king-size bed the second bedroom serving as an office/den and guest bedroom. The living room and second bedroom have twenty feet of wall-to-wall windows enjoying beautiful vistas of the terrace.. Attractive new light wood floors have been installed throughout. There is great closet space including a large walk-in closet. 240 East 55th Street allows UNLIMITED SUBLETTING after one year of ownership. It is conveniently located between residential Sutton Place and the Midtown business district, a five-minute jog to Central Park and the new, extended East River Promenade. It has a part-time doorman, a full-time porter/handyman, and a live-in superintendent. There is a laundry room as well as a free storage room in the basement. NO FLIP TAX.