For Sale
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Property summary
BEST VALUE!! BACK ON THE MARKET!! KIPS BAY: EXTRA LARGE pin-drop quiet STUDIO has the length/width of a ONE BEDROOM with well-defined comfortable living space. The spacious custom (cook's) kitchen with its generous counter space and honey-toned cabinets opens to the living area and an imaginative sleep salon enclosed by a partial wall. The double wide hallway houses the extended classic kitchen built-ins with extra cabinets, refrigerator, and even a dedicated home office. Adjacent to such, there is the dining area nook. Two deep closets are in the hallway for plenty of storage for your personal items. The living area has a super long window with ambient light and a thru the wall AC unit. Charm and Serenity are the hallmarks of this home. At one end of the over-sized bathroom is a long shower stall with glass sliding doors and at the other end is a deep closet and an area for a storage drawer or shelves. Enter the modern sophisticated lobby with a curving bench and lobby attendant to be warmly greeted. The building features a live-in-super, laundry room, an attached parking garage with easy access through the building, a bike and storage room. Pets under 40 pounds allowed with Board approval. The sublet policy: After two years of ownership, you can sublet for an aggregate of four years. There is a flip tax of 3 percent paid by the Seller. At East 25th and Third, one half block away, is the most charming pedestrian plaza for taking time to reflect or enjoy the pleasure of another's company. Convenient public transportation: the M23 bus and the #6 train at Lexington Ave are nearby. Four blocks away are the W and R trains at Madison Square Park. Easy foray to the iconic Gramercy Park area and the Irving Place eateries both casual and upscale, as you wish. Grocery/Supermarkets near Madison Square Park are all within a few blocks. Assessment: 252.34 per month runs for 24 months with a start date of 1/1/25 and going through 12/31/26 for building upgrade of the elevator, new boiler and burners. SEE THIS GEM-LIKE HOME NOW WHILE STILL AVAILABLE!! bikeScore: 93, Biker's Paradise walkScore: 100, Walker's Paradise transitScore: 100, Rider's Paradise
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Dental Office
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Parking Lot & Garage
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Photography Service (Bike/Boat/Book/etc) Store
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Interior Design Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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