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Key Details
Sold Price $302,000
Property Type Condo
Sub Type coops
Listing Status Sold
Purchase Type For Sale
Subdivision Upper East Side
MLS Listing ID RLS10782942
Sold Date 07/11/22
Style Prewar
Full Baths 1
HOA Fees $805
HOA Y/N Yes
Year Built 1910
Property Sub-Type coops
Property Description
Unlimited subletCurrently excellent tenant in place paying $1,900 a month through 11-1-22.
Market rent $2,300 per month. Douglas Elliman is delighted to bring to the market, this bright open Studio loft space on one of the most sought after blocks on the Upper East-Side. 428 is a cooperative but behaves like a condo and is surrounded by some of NYC finest brownstones and townhouses.Talk about convenience on your doorstep is the new Q subway line, M 86 cross town & M 15 downtown express buses making transportation a breeze no matter your destination.
One of the biggest attractions to this quite prestigious neighborhood is Karl Schurz Park, what a stunning place to spend some time outdoors, wither it be long walks by the river, sunbathing, working out or meeting new friends in the doggy playground this park has it all.
1B is the perfect apartment for a first time buyer who are just starting off on the ladder or an investor with unlimited subletting policy from day one.The property has gone under a full gut renovation from its last purchase and the seller spared no expense in the upgrades. Luckily there are no stairs to climb as this unit is on the ground floor, so its super convenient. The loft area is a very unique space, gets lots of natural sunlight and perfect if having family & friends over to stay, without feeling like you're living under one anthers feet.
Complete with towering 14 feet ceiling space it makes the perfect live- work from home set up as you can see from the images and detailed floor plan. This property is a fantastic purchase and will not last, so please reach out for more information and to schedule a showing.Excellent investment opportunity. Cash or finance4.2% return after expenses. Unlimited sublet
Location
State NY
County New York
Building Detail https://bhre.com/nyc/buildings/428-e-85th-st?sold-listing=true
Interior
Fireplace No
Exterior
Private Pool No
Building
Story 5
New Construction No
Others
Ownership Stock Cooperative
Monthly Total Fees $805
Pets Allowed Building No, No
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RLS Data display by Brooklyn Heights Real Estate