508 E 78th Street New York, NY $ 349,000
508 E 78th Street
$ 349,000
New Construction
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508 E 78th Street

New York, NY, 10021
$ 349,000
Bedrooms1 Baths1.0

Monthly Estimate*

$ 1,979

508 E 78th Street, New York, NY 10021 - Image 1
508 E 78th Street, New York, NY 10021 - Image 2
508 E 78th Street, New York, NY 10021 - Image 3
508 E 78th Street, New York, NY 10021 - Image 4
508 E 78th Street, New York, NY 10021 - Image 5
508 E 78th Street, New York, NY 10021 - Image 6

Co-Op for sale in New York, NY

for $349,000 with 1 bedroom and 1 full bath. This home was built in 1910.

Calling all Investors.This charming studio which can easily convert to a one bedroom apartment is located in the magnificent Cherokee - A glorious pre-war Beaux Arts landmark building. This gorgeous building exudes old world charm and is infused with an elegant European Ambiance. Perched on the 5th Floor, this Sunny Studio boasts Beautiful Brand New Hardwood Floors, a floor to ceiling triple sashed window, and 9 foot ceilings. The LOW MONTHLY MAINTENANCE INCLUDES UTILITIES: Gas & Electric, Heat & Hot Water. There is a current Tenant in there until June 2022.The Cherokee features a live-in super, video intercom system, bicycle room, central storage room, a landscaped courtyard and a new laundry room. Utilities; gas & electric, are included in the maintenance! Pied a terres, Investors, Parents buying for Children, co-purchasers and guarantors are all permitted. Steps away from John Jay Park and the East River promenade makes this apartment a must have. Investment friendly. The Cherokee has excellent financials. There is no flip tax and 80% financing is allowed. Investors, parents purchasing for adult children, guarantors, pied a terres, subletting, and pets are most welcome! The Upper East Side has a burgeoning restaurant scene with numerous dining options ranging from Quality Eats, Uva wine bar, Penrose and newcomers . Boutique gourmet food store options include Citarella, Agata & Valentina and the newly renovated Gracie's that added a wine bar. On a larger scale, Whole Foods and Fairway are only blocks away. Orwasher's Bakery (voted the #1 baguette by Time Out NY) is just around the corner and has been baking the classic black-and-white cookie since 1916 - soft and pillow with a touch of lemon zest! But our all time favorite is the scrumptious Cacio and Pepe, an authentic Italian restaurant serving the most mouth watering dishes. Co-broke Commission is 2.5%.

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Co-Op Active

Price

$ 349,000

Bedrooms

1

Full Bath

1

Property Type

Co-Op

Style

Pre-War

Year Built

1910

Town/City

New York

County/Region

New York

MLS | Web ID

RPLU-33421686445

Fee

$ 1,025

Unit

5M

Features
Exterior
Exterior Balcony
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Miscellaneous
Restrictions No Pets
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* Excluded Features
List By
IGNAZIO LEONE

Listing Agent

Corcoran Group

Broker

(917) 882-4714

Phone

Affordability Calculator

$1,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,979
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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508 E 78th Street, New York, NY, 10021 is a Co-Op for sale at $349,000. 508 E 78th Street has 1 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 10021 which is in New York, NY