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Welcome to this intelligently designed first-floor studio located on a charming tree-lined block in the heart of Hell’s Kitchen. What sets this apartment apart is its thoughtfully configured layout, featuring a custom elevated sleeping platform positioned above the dining area - creating a clear separation between living, dining, and sleeping spaces rarely found in studios at this price point. The main level offers a comfortable living area, a true dining space beneath the platform, and an updated kitchen with stainless steel appliances, including a dishwasher, along with a dine-in granite countertop. Hardwood floors run throughout, complemented by high ceilings with recessed lighting and a decorative fireplace that adds character. Additional features include northern exposure and excellent storage with Elfa custom closets. The elevated sleeping platform was added by a prior occupant and is not part of the original structure; it can be removed or modified to suit the next owner’s preferences. The building is a well-maintained 5-story walk-up with a laundry room located in the basement. Flexible co-op policies allow for pied-à-terre use, pets, and subletting (after two years of occupancy), making this an excellent option for both end-users and long-term investors. Located just moments from 9th Avenue’s restaurants, shopping, and transportation - including a Target one block away - this apartment offers convenient access to Times Square, the Theater District, and Hudson River Park. A rare opportunity to own a highly functional Manhattan studio with flexibility and value priced under $400K. Priced to sell - opportunities at this price point with this level of functionality are increasingly rare in Hell's Kitchen. A must see
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Our Executive Mortgage Banker:
$384,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $307,200 | $307,200 | $307,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,840 | $1,917 | $2,531 |
| Total Monthly Payment | $1,915 | $1,992 | $2,606 |
* 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.