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242 East 7th Street #PH
Coop in East Village •  building info
2bd • 1.5ba • 1,600ft² $1,391 per ft²
Sold price

$2,225,000

Key Details
Days on market
120
Last price change
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Estimated payment
$12,832/mo
Taxes
Included in maintenance fees
Maintenance
$1,872/mo
Description
Grandeur. Light. Space. This extraordinary triplex penthouse feels like you've walked into an entirely new dimension, with soaring 15' ceilings and glorious windows from three exposures. This true loft comprises 1600 sq ft connected by elegant glass staircases which pour through the apartment from the skylight above. A 400 sq ft private terrace conveniently situated in the rear of the building completes the picture of this oasis. Currently configured as a 1BR, the mezzanine guest bedroom easily converts to a proper 2nd BR or leave it open as an office/library. Consider the alternate floorplan proposed which would provide 3 BRs, 3 full bathrooms and add another 200sf to the apartment without sacrificing the spectacular drama of the living room. The entire apartment has been renovated and features a warm ivory custom cabinetry by plain English, complemented by real sealed limestone countertops and island, as well as a vented Viking oven and range. The bathrooms are updated but the master bathroom is next level luxury, sporting a sleek glass enclosure, oversized vanity, separate honed corian soaking tub and shower stall made entirely of Carrara marble. Heated towel rack and Duravit toilet, fixtures by Agape. The master bedroom suite is equally jaw dropping, its Aspen lodge aesthetic providing an entire glass wall opening onto the terrace. Mezzanine features sprawling millwork shelving and an enormous closet. Powder room on the main level sports washer/dryer but can be expanded to include a shower. This penthouse is the crown jewel of this unique property which was originally built in 1905 as the Congregation Beth Hamedrash Hagadol Anshe, later converted to coop in 1985and since landmarked. With extremely low maintenance and an investor-friendly sublet policy,this is a both a gorgeous showpad and a uniquely valuable real estate asset. Down the street from Tompkins Square Park, close to the F, 6, and L trains, and with great restaurants like Lavagna and Gemma in striking distance, this is the perfect home for the executive looking for either great privacy or a fantastic entertaining space, or perhaps both.

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Important Stuff
Washer/Dryer in unit
Virtual Doorman
Cats and Dogs allowed
Unit features
Private outdoor space

Terrace

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City

Building amenities
Services and facilities
Fios Available
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$2,225,000
Asking Price: $2,225,000
Term
30 Years
Down Payment
$445,000 (20%)
Min: 20% (445,000)
Rate
6.25 %
Mortgage Amount
$1,780,000
Mortgage Payment
$10,960
Maintenance
$1,872
Estimated closing cost
$35,000
Total monthly cost $12,832
Listing Courtesy of Douglas Elliman

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