VIDEO TOURS BY FACETIME AND SKYPE AVAILABLE (contact for appointment)
EXTREMELY RARE GUT RENOVATED SPONSOR UNIT: No board package/approval required, low maintenance and investor friendly.
Located in the very sought-after, up-and-coming Hudson Heights neighborhood, this two-bedroom 1-bathroom apartment offers great value with tremendous upside. This is a great opportunity to buy into an extremely flexible co-op, located in the most rapidly appreciating section of Manhattan.This never before lived in, fully-gutted sponsor unit has been meticulously renovated and restored while preserving original pre-war details.
Upon entering the apartment you are welcomed by an expansive and open, fully equipped chef's kitchen with a center island, an abundance of cabinet storage, new stainless steel appliances (including a dishwasher) and marble countertops throughout. The kitchen flows into a grand bay windowed sun-drenched living room perfectly fit for entertaining any number of guests.
Each bedroom is located on opposite sides of the apartment which offers a layout conducive for good separation and privacy within the home. The oversized master bedroom is large enough to accommodate any bedroom furniture configuration, while the second bedroom offers expansive northern views of the Hudson River and beyond. The tiled bathroom comes equipped with a pre-installed washer/dryer hook up.
The unit (including each bedroom) offers multiple closets big enough for any wardrobe or for extra storage purposes. Note: There are no load-bearing walls, so reconfiguration of the space is fully achievable including the possibility of expanding the overall size of the living room.
The boutique cooperative known as Pinehurst House is comprised of 752 West 178th Street, 5 Pinehurst Avenue and 9 Pinehurst Avenue. This financially sound co-op offers a tremendous opportunity with great upside, and makes sense for users or investors. This rare sponsor unit offers the following: an unlimited subletting policy, no board interview, pied-a-terre, co-purchasing, washer/dryer, parental purchasing, gifting, an on-site super and pets allowed.
The A express train is located only 500 feet from the building and can speed you to Midtown in just 15 minutes. The express M98 and M4 bus lines are also within two blocks and the 1 train is within a few blocks as well. The George Washington Bridge Bus Terminal, which just completed a major renovation, is bringing new retail to a neighborhood already brimming with plenty of shopping, nightlife, and a recently built Planet Fitness gym center. Abundant outdoor recreation includes the J. Hood Wright Park with its dog run; Fort Washington Park featuring playgrounds, athletic fields, and the Little Red Lighthouse under the Great Gray Bridge; and Fort Tryon Park, the Heather Garden, The Cloisters, and public tennis courts. The apartment is located a short walk from numerous healthcare providers including NY Presbyterian Hospital and Columbia University Medical Center.
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