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316 West 47th Street #3F
Coop in Hell's Kitchen •  building info
2bd • 1ba
List Price

$699,000

Key Details
Days on market
27
Last price change
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Estimated payment
$4,375
Monthly taxes
N/A
Monthly maintenance
$748
Description
Sparkling 2 Bedroom HDFC home just $699,000 with ultra low $748 maintenance, plus washer dryer! This beautiful two bedroom home is move-in ready, and so much more than you would expect at the price. There is a gorgeous 26' living room with soaring ceilings, a generous 16' primary bedroom, plus a charming 11' second bedroom/den through beautiful French doors. The windowed bathroom is huge, and has convenient entrances from both the primary bedroom and the main hall for guests; it even includes a separate laundry area with your own washer/dryer. The 14' windowed kitchen has two work zones, tons of cabinet space, modern appliances, plus a wide open pass thru to the dining area. Additional features include strip hardwood floors, large double deep closets throughout, and two-zone baseboard heating. But the best perk is the maintenance - it's only $748/month! And if you love the decor - the apartment can be delivered turn-key with furniture. Building Notes: Located on a picturesque tree-lined street in the heart of the Theater District, 316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It was COMPLETELY GUT-RENOVATED in 2003 when converted to co-op, and features new windows, new electric and plumbing, baseboard heating, and in-unit sprinkler system. Best of all - this debt free building boasts INCREDIBLY low maintenance, making homes here extra-affordable. 80% financing permitted. Flip tax is 30% of gross profit. Sorry, no pets or smoking permitted. Please note that this co-op is for primary residence only. 316 West 47th Street was rebuilt as part of the city's HDFC co-operative ownership program in 2003. Under 2024 guidelines, here are allowable maximum buyer incomes: Single Person Household: $130,440 Two Person Household: $149,160 Three Person Household: $167,760 Four Person Household: $186,360

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Building Amenities
Smoke-free
Fios Available
Laundry in Building
Building info

History
What it'll cost
Purchase price
$699,000
Asking Price: $699,000
Term
30 Years
Down Payment
$139,000 (20%)
Min: 20% (139,000)
Rate
6.75 %
Mortgage Amount
$559,200
Mortgage Payment
$3,627
Maintenance
$748
Estimated closing cost
$7,000
Total monthly cost $4,375
Listing Courtesy of Olshan

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