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343 East 74th Street #19B
Condop in Lenox Hill •  building info
2bd • 2.5ba • 1,111ft² $799 per ft²
Sold price

$888,000

Key Details
Days on market
497
Last price change
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Estimated payment
$8,345
Monthly taxes
N/A
Monthly maintenance
$3,855
Description
See this on WEDNESDAY afternoons by private appointment made in advance. High-Floor, Bright, Corner, 2 Bedroom, 2.5 bath Condop. Many large windows, most facing East. Private balcony to North open views. No Board Approval, No Financing Limits. Pied a Terre use allowed. Pets OK. No ownership waiting period for subletting nor limit on the number of sublease terms. Reasonable asking price and low net after tax ownership cost. Reasonable alteration procedure. Only 4 apartments per floor in the tower make for maximum privacy. Common hallways recently redone. Unusual opportunity to take advantage of the low mortgage rates and to acquire a very nice-sized 1,111 sf apartment with split bedrooms (each with an en suite marble bath), a powder room, great closets, a W/D, as well as a renovated open kitchen at the very attractive asking price below $850/sf. Free 24/7 gym. Roof deck. Direct-access, attended garage. Alteration-friendly building makes upgrades to the 1987 era bathrooms easy. This UES apartment is just 2 blocks from the new 72nd Street entrance to the new Second Avenue Subway, which makes this apartment more centrally located than when the building was originally built. The impact of a relatively high maintenance of $3,855/month is more than offset by (a) its tax deductibility and (b) the unit's low asking price. Ask your CPA to run the numbers for its exact impact on you. The low asking price is made possible in part by the very long term land lease (with over 100 years to run, as renewed).

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Important Stuff
Washer/Dryer in unit
Elevator
Pets allowed
Virtual Doorman
Listing Amenities
Storage Available
City View
Building Amenities
Concierge
Gym
Bike Room
Live In Super
Outdoor Space
Balcony
Roof Deck
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$888,000
Asking Price: $888,000
Term
30 Years
Down Payment
$177,000 (20%)
Min: 20% (177,000)
Rate
6.5 %
Mortgage Amount
$710,400
Mortgage Payment
$4,490
Maintenance
$3,855
Estimated closing cost
$7,000
Total monthly cost $8,345
Listing Courtesy of Warburg

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