Incredible investment opportunity at 243 West 98th Street in the Upper West Side. This spacious, Pre-War, Three Bedroom Condominium sits on a charming tree-lined street and is centrally located close to the best shopping, dining and entertainment that the neighborhood has to offer. Rarely available and highly coveted "A" line makes for a terrific long-term holding asset with a rent stabilized tenant in place. Featuring 3 Bedrooms,,2 Bathrooms, high ceilings, classic original details, hardwood floors, a windowed kitchen and overlooking Broadway from your living room, residence 7A provides a perfect investment opportunity to purchase in the UWS at an excellent value. 243 West 98th Street is a prewar elevator condominium built in 1899 with a renovated lobby, bike room, live-in super and washer/dryers allowed within your home. The express 2 & 3 subway lines are just two blocks away making for an easy and convenient commute. Contact us today for more information!
Manhattan’s Upper West Side extends from 59th St. to 110th St., west of Central Park and is recognized as a diverse cultural area. Many residents have migrated to this area to enjoy the prewar family-sized apartments, brownstones, walk-ups, and extravagant new condominium buildings. Residents with children will find excellent private schools in this area and will benefit from easy access to both Riverside and Central Park. Culture buffs will be smitten with the proximity to Lincoln Center, The Museum of Natural History, The New York Historical Society and The Manhattan Children’s Museum. There are numerous unique boutiques, specialty food stores, eclectic restaurants, and trendy bars on the Upper West Side.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more