544 W 157th Street, #72, New York, NY 10032

$649,000 List Price
Accepted Offer on 6/26/2023
4 Beds
1.5 Baths
Built In 1910
 
Listing ID 11186057
Property Type Coop
Maintenance $1,127
County New York
Township New York
Neighborhood Washington Heights
Unit 72
FEMA Flood Map fema.gov/portal
Year Built 1910
   
Virtual Tour
Introducing a Hidden Gem: Your Dream Home Awaits! Discover the potential of this spacious, sun-filled 7th-floor apartment that is just waiting to be transformed into your ideal living space. With its hardwood floors, high ceilings, and bay windows, this unit offers a canvas for your creativity and personal touch. Location, Luxury, and Lifestyle: Situated in an elevator building, this hidden gem boasts a newly renovated and architecturally elegant exterior facade, adding to its allure. The convenient proximity to transportation is unbeatable - located just one building away from the #1 train and within four blocks of the C train, ensuring easy access to the entire city. Enjoy the benefits of living near the Hudson River Bike Path, the Henry Hudson Parkway, and prestigious educational institutions such as Columbia University Medical Center/New York Presbyterian, Yeshiva, Columbia Manhattanville, and Morningside Campuses, and City College. Immerse yourself in the vibrant community with an array of cafes, bars, and restaurants that have expanded north to 157th Street, offering endless dining and entertainment options. Exclusive Income Caps: Take advantage of an incredible opportunity! The income caps for potential buyers are remarkably high, with a threshold of $317,000/year for buyers with two dependents or less, and $404,000/year for buyers with more than two dependents. This unique feature makes this hidden gem accessible to a wider range of discerning buyers. Flexible Flip Tax Options: The flip tax structure offers flexibility based on your length of ownership, making it even more enticing. If you sell within 5 years, the flip tax is 20% of net profit. For 10 years of ownership, it decreases to 12% of net profit, and for over 10 years, it reduces further to just 8% of net profit. This advantageous arrangement allows you to plan your investment strategy accordingly. Picturesque Perfection: Can't wait to see more? Pictures are available upon request, showcasing the immense potential and charm of this hidden gem. Don't miss out on this incredible opportunity to create your dream home in a prime location. With its spaciousness, ideal features, and enticing income caps, this hidden gem won't stay hidden for long. Contact us now to learn more and schedule your private viewing.
Property Details
  • 4 Total Bedrooms
  • 1 Full Bath
  • 1 Half Bath
  • Built in 1910
  • 8 Stories
  • Floor 7
  • Unit 72
  • Available 6/23/2023
  • Renovation: Needs complete renovation
Interior Features
  • Separate Kitchen
  • Oven/Range
  • Refrigerator
  • Hardwood Flooring
  • Intercom
  • 6 Rooms
  • Entry Foyer
  • Living Room
  • Primary Bedroom
  • Electric Fuel
  • Natural Gas Fuel
Exterior Features
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Community Details
  • Elevator (Bldg. Style)
  • Laundry in Building
  • Pets Allowed
  • Elevator
  • Pre War Building
Taxes and Fees
  • 8%-20% Flip Tax
  • $1,127 per month Maintenance
  • HOA: HDFC
Listed By
EMERALD PLAINS REALTY CORP
Office: 347-386-8329
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