New York (Midtown East), NY, 10017 | $607,000

A beautifully renovated corner one-bedroom residence in the iconic Woodstock Tower, offering picturesque southeast exposures overlooking the East River and the landmark Tudor City Greens. Blending timeless prewar charm with tasteful modern renovations, this bright and inviting home features an efficient layout, abundant natural light, and exceptional storage throughout. The custom renovated kitchen has been completely redesigned with a clean, contemporary aesthetic, featuring sleek white cabinetry, gray stone countertops, a Shaws farmhouse sink, gray tile flooring, and a curated selection of quality appliances including a Bosch electric cooktop, Samsung dishwasher, GE refrigerator with freezer, and Thor wine cooler. The elegantly renovated bathroom offers a spa-like feel, featuring a spacious walk-in shower, crisp white tile walls, patterned floor tiles, and a sophisticated gray vanity that provides both style and functionality. The spacious living room showcases a classic beamed ceiling and an impressive wall of eastern-facing casement windows that fill the home with natural light. The corner bedroom enjoys both southern and eastern exposures and features a large closet, while the entry hall offers two additional closets, including a generously sized storage closet, providing exceptional storage throughout the home. A charming multi-pane glass door separates the bedroom from the living area, creating a sense of openness and light while adding a unique architectural detail that complements the home's prewar character. Built in 1929 by renowned developer Fred F. French as a Tudor-style hotel and converted to cooperative residences in 1980, Woodstock Tower is a distinguished full-service cooperative offering an elegant double-height Tudor lobby, attentive full-time staff, a beautifully landscaped courtyard, a large fitness center, storage facilities, and a central laundry room. Maintenance includes heat, water, and electricity, providing exceptional value and convenience. The building also features a 1% flip tax, payable by the seller. Ownership flexibility is a hallmark of the building, with pied-à-terres, co-purchasing, guarantors, and parents purchasing for children all permitted with board approval. Investors will appreciate the liberal subletting policy, which allows immediate subleasing after purchase, subject to board approval, with one-year lease terms and no limit on renewals. Ideally located in the heart of Murray Hill, Woodstock Tower sits directly across from the historic Tudor City Greens and is moments from Grand Central Terminal, Bryant Park, Whole Foods Market, Equinox, and some of Midtown East's finest dining, shopping, and transportation options. Combining timeless architectural character, modern renovations, full-service amenities, and a premier Manhattan location, this residence presents a rare opportunity to own a move-in-ready home in one of Murray Hill's most established and desirable cooperatives.

Features

  • Town: New York
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: NULL
  • Laundry: Common Area
  • Year Built: 1929
  • Common Charge: $1,665 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Cats OK,Building Dogs OK,Building Yes,Cats OK,Dogs OK,Yes
  • Appliances: Dishwasher
  • MLS#: RLS20098023
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/RLS20098023/320e42ndstreet_newyork_ny?source=qrflyer
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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.
Listing courtesy of Elegran LLC   Phone: (212) 729-5712

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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New York (Midtown East), NY, 10017

$607,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $485,600 $485,600 $485,600
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% 6.512% 5.866%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,908 $3,030 $4,000
Total Monthly Payment $3,000 $3,122 $4,092

* 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.