408 W 25TH Street Unit: 4FW

New York City, NY, 10001

$350,000

$350,000
Active Under Contract
Active Under Contract
 - For Sale
baths
1 Bath
property_type
Co-op
calendar
Built 1910

Welcome to this delightful two-room studio in Chelsea, a true refuge from the bustling city. It's spacious, inviting, and intuitive. The 9.5-foot ceilings create a sense of air and light, while the windowed eat-in kitchen has been thoughtfully renovated to include a dishwasher, washer/dryer combo unit and brand new cooktop. Modern touches include lighting mounted underneath the cabinets, sleek grey lower cabinetry and a new refrigerator.

The bright and airy main space has two large windows that allow plenty of light in from the tree-lined street. A decorative fireplace provides a focal point for the living area. Even with a full seating arrangement the space is large enough to easily fit a double closet, Murphy bed and desk. Beautiful hardwood floors and a ceiling fan add to the levels of comfort in this inviting room.

A second large closet offers more storage behind the kitchen, and the windowed bath has a full size tub/shower and updated vanity. The unit is located three flights up.

The main entrance and common areas have recently undergone improvements, including a new brick fa ade, stoop, entryway, intercom, stairwells and hallways. This charming pet friendly co-op is conveniently located near the Chelsea Recreation Center (with gym, swimming pool and various activities), Trader Joe's, Whole Foods, Fairway and Chelsea Market. Close to the C/E trains at 23rd St., The Highline, Hudson River Park, Chelsea Piers sports complex, restaurants, art galleries and more.

This is a great opportunity to own your own home in a prime area of Manhattan!

IMPORTANT: This is an HDFC co-op with restrictions for income, resale and subletting.
-Total household income cannot exceed $67,200 per year at the time of purchase
-50% down payment required
-The co-op does not require considerable liquid assets after closing
-Gifting is allowed. Must be your primary residence
- Applicants cannot own other real estate.
- No investors or pied a terre
-Owner can sublet for two years out of every six years after their first four years of ownership
- Short term sublets are not allowed
-$10,000 flip tax for future resale

MLS® ID:
RPLU-5122048889
Listed:
10/18/22
Updated:
11/26/22

Interior Features

Kitchen Appliances
Dryer, Washer Dryer Allowed, Washer
Total Bedrooms
0
Full Bathrooms
1

Exterior/Building Features

Architectural Style
Prewar

Other Property Details

HOA Fee
$550
Garage
No
Parking
N
View
N
County
New York
Pool
No
Total Stories
5

Property History

Date
Event
Price
Value
11/23/22
Active Under Contract
-
-

Courtesy of Douglas Elliman Real Estate

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Danielle Nazinitsky shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Real Estate Board of New York. All rights reserved.

Data last updated 4:40 PM UTC, 11/26/22

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