Buy with Yoreevo
$543,500
List Price: $550,000
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516 East 78th Street #5J
Coop in Lenox Hill •  building info
1bd • 1ba
Buy with Yoreevo

$543,500

List Price

$550,000

Key Details
Days on market
18
Last price change
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Estimated payment
$4,504
Monthly taxes
N/A
Monthly maintenance
$1,650
Description
Fall in love with timeless beauty at The Cherokee The moment you step into this turnkey 1BR you will notice the fabulous sunlight, pre war details, and timeless beauty that make this apartment so unique! From the arched doorway to the multiple exposures, the high ceilings and the floor to ceiling triple sashed windows there are many details that will make living at The Cherokee just special. There is a separate eat-in kitchen with a beautiful sunny east exposure and access to one of the two private balconies adorning this unit. The kitchen has been nicely renovated with stainless steel appliances, subway tiles, and Corian counter-tops. There is ample cabinet storage as well as a built in pantry. The living-room is bright and sunny with the same triple sashed oversized floor to ceiling window, and access to the second, larger balcony. The bedroom is literally fit for a king sized bed. There are three windows, two exposures (south and east) and ample closet space. Take one step in and you will fall in love! Floorplan coming soon. Washer/Dryer can be added to the apartment, but there is a central laundry room for your convenience. The neighborhood is unparalleled. You will be directly across from John Jay Park (with public pools in the summertime) as well as the East River Walk. The surrounding streets are bucolic and peaceful, and the complex has a gated community feel, without feeling pretentious. There are fabulous restaurants, good access to public transportation, and a sense of community all New Yorkers crave. Originally constructed in 1909 The Cherokee composed of a remarkable series of 4 elegant courtyard buildings, focusing on natural lighting, ventilation, and beautifully detailed architecture. The cooperative is managed by an onsite/ live in super and offers a central laundry room, free bike room and a package room. This flexible cooperative allows parents purchasing, co-purchasing, guarantors, and immediate unlimited subletting. Monthly maintenance includes both Gas and Electric

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Important Stuff
Elevator
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
Park View
Dishwasher
Water View
Building Amenities
Bike Room
Smoke-free
Gifts Allowed
Live In Super
Fios Available
Laundry in Building
Outdoor Space
Garden
Balcony
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$550,000
Asking Price: $550,000
Term
30 Years
Down Payment
$110,000 (20%)
Min: 20% (110,000)
Rate
6.75 %
Mortgage Amount
$440,000
Mortgage Payment
$2,854
Maintenance
$1,650
Estimated Yoreevo rebate
$6,500
Estimated closing cost
$7,000
Total monthly cost $4,504
Buy your dream home with us and get an estimated $6,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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