343 E 74th St, PH-1D, Manhattan, Lenox Hill, NY 10021

Condop - New York, NY

3
3.5

features

  • Architecture style: Other
  • Has deck: true
  • Is new construction: false
  • Parking types: Garage
  • Roof types: Unknown
  • Rooms: Storage
  • Built in: 1987

interior features

  • Bedrooms: Beds: 3
  • Other Interior Features:
  • Applicances: Included: Dryer

description

This architecturally significant and recently renovated 3 bedroom, 3.5 bathroom 1862 SF duplex penthouse is now on the market for under $940 per square foot. On the corner of the building with open city views to the South and West, the apartment is very bright throughout the day. Additional apartment features include high ceilings, top end appliances, a wood burning fireplace, stunning large windows throughout and generous storage space.

The lower entry level features an eat in kitchen open on two sides to a large living room. A powder room is conveniently located nearby and on the opposite end is one of three bedrooms with its own en suite bathroom. This room is currently being used as a home office and playroom but can easily accommodate a queen bed. The kitchen has been completely rebuilt and is outfitted with custom cabinets, a Wolf 5 burner range, Miele refrigerator and oven and mosaic custom tile work. An incredible feature of the dining area is a double height slanted window which stretches from the lower leveal to the upper level of the home.

A custom staircase leads to the upper level where there is an oversized corner master bedroom with a large walk-in closet. A five fixture en suite master bathroom has deep soaking tub and double vanity. A third bedroom with its own en suite bathroom is located on the opposite end. A new owner has the option of entering the home on this level as well. Modern conveniences include low voltage automated shades and an in unit washer and dryer.

This penthouse three bedroom opportunity represents an excellent value driven purchase opportunity versus the rental alternative.

THE BUILDING AND NEIGHBORHOOD

The Forum building amenities include a 24-hour doorman, live-in superintendent, parking garage, common roof deck and fitness center with steam and sauna. Neighborhood highlights include John Jay Park, great restaurants and shops and close proximity to the Q train and easy access to the FDR Drive. There is no board approval required and all purchase scenarios as well as unlimited subletting are welcome at The Forum.

LANDLEASE DETAIL

The Forum was granted a 149 year land lease with the Greek Orthodox church as landlord. There are 116 years remaining on the lease and its payments represent only 12% of the building's operating budget (2018). The building ground rent increases are very predictable with an average 2% increase per year annualized. The next increase will not occur until September 2027. *Buyers should consult their attorney on land lease details.

MAINTENANCE BUYDOWN

At our current ask price, we are offering a credit of $36,000 at closing as a 1 year $3,000/month credit against the maintenance. Actual maintenance is $8,438 per month.

$7,121
monthly
Tri-State Area *Monthly ETC™
List Price $1,750,000
$350,000 down (20%)
30 yr fixed at 4%
* Monthly Estimated True Cost
The Monthly Estimated Total Cost includes principal and interest, property taxes, home insurance, and utilities if available. This is just an estimate, please consult with your real estate and mortgage professionals.

Not actual cost, just an estimate
Principal and Interest$6,684
Property TaxN/A
Home Insurance$438
Utilities (view report)N/A
Monthly ETC™$7,121
$2,500,400 Avg. Selling Price (90 days)**
23,710 Total Households
42,224 Current Population

AreaScore™

Provided by Tri-State Area
98%

TransitScore

Provided by WalkScore® Inc.
100
Rider's Paradise
90 nearby routes: 80 bus, 10 rail, 0 other

BikeScore

Provided by WalkScore® Inc.
85
Very Bikeable

WalkScore®

Provided by WalkScore® Inc.
100
Walker's Paradise

Nearby Schools ( 9 )

Name Rating Grades Admission
The Cathedral School PK -8 Private
The Town School PK -8 Private
Buckley School KG -9 Private
The Hewitt School KG -12 Private
Lycee Francais de New York PK -12 Private
St Jean Baptiste High School 9 -12 Private
Manhattan High School for Girls 9 -12 Private
Eleanor Roosevelt High School
A+
9 -12 Public
Jr High School 167 Robert F Wagner
A+
6 -8 Public

area quick facts View Area Guide

Area Stats

Households With Children 13.88 %
Renter Occupied 61.15 %
Average Vacancy 14.48 %

Area Education Level

Property History of Condop - New York, NY FEATURES View Property Report

Date Event Price % Change Source
01/17/2020 Price Changed $1750000 -5.41 % MLSLI

3BR FOR Purchase

Property Status: Active
$1,750,000
Monthly ETC™
The Monthly Estimated Total Cost includes principal and interest, property taxes, home insurance, and utilities if available. This is just an estimate, please consult with your real estate and mortgage professionals.
$7,121/month
Price Drop
$-100,000

Or call the agent directly

Joshua Doyle
Listing Agent
Joshua Doyle
Compass

Agent Phone Number
(212) 913-9062
Office Phone Number
(212) 913-9058
MLS #OLRS-96106
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Joshua Doyle Compass https://listings.listhub.net/pages/REBNY/OLRS-1814953/?channel=trisa (212) 913-9062 Source: Listhub I 3yd-REBNY-OLRS-1814953

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Joshua Doyle
Joshua Doyle Compass Listing Agent

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