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Searching for a prime space that can support your professional practice and/or a private residence?
Located in a financially sound co-op building in a desirable UES location, this flexible unit is a great fit for medical and dental professionals, therapists, wellness practitioners, creatives, consultants, or anyone who needs a dedicated workspace with the option to live on-site.
Current configuration:
- Approx 800 sq ft dental office
- North-facing exposure
- Two separate entrances: private street-level entrance for clients AND a second entrance through the building lobby.
The co-op board will consider:
- Keeping it as-is (Dental office)
- Other professional uses
- A live/work combination
- Full residential conversion
Two contractor estimates are available upon request, or you can bring your own team.
Disclaimer: Buyers should do their own due diligence, confirm feasibility with an architect and relevant professionals, and secure any required approvals and Certificate of Occupancy changes. The board is generally supportive of well-planned conversions that meet building requirements.
Up to 50% financing and a 2% flip tax paid by the buyer.
THE BUILDING
- 24/7 doorman
- Live-in resident manager
- Newly updated fitness center
- Landscaped rear courtyard garden
- Bike room
- Private storage
- Laundry Room
Flexible Purchase Options:
- Pied-à-terre permitted
- Guarantors allowed
- Co-purchasing allowed
- Gifting is considered on a case-by-case basis
THE NEIGHBORHOOD
- Excellent public transport: Q and 6 trains, M72 crosstown, and M15-SBS
- Surrounded by beloved neighborhood spots like JG Melon, La Esquina, Breads Bakery, Seamore's, Nightly's, and more.
- Nearby educational institutions and medical facilities
- Near "Museum Mile" (Metropolitan Museum of Art, etc. ) and other cultural landmarks
- East River Greenway is close by, providing waterfront paths for walking, running, or biking.
Easy to show!
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,458 | $2,521 | $3,315 |
| Total Monthly Payment | $2,533 | $2,596 | $3,390 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.