This high-floor, mint-condition, sun-filled alcove studio apartment with a wall of south-facing windows and open city and partial river views easily converts to a one bedroom (see alternate floor plan). Completely renovated 5 years ago, this striking apartment has hardwood floors, crown and baseboard moldings and fantastic closet space, plus a large dressing area off the sleeping alcove. The spacious galley kitchen features granite countertops, generous cabinet space, and full-sized stainless-steel appliances, including a double-door refrigerator with pull-out freezer drawer. The updated subway tiled bathroom with marble-top vanity completes the picture. Additional building amenities include a resident-only gym, laundry room and package room. Storage and bike racks are onsite as well, though currently wait-listed. This full-service, pet-friendly co-op building allows pied-a-terres, gifting, co-purchasing and guarantors with Board approval.
The Lincoln Towers community has a private 5-acre park with beautifully manicured gardens, playground and basketball courts. Close proximity to Broadway for the 1, 2 & 3 subway lines, as well as world-class shopping, theater, dining and more. Maintenance advertised includes a $66.25 / month capital contribution. First open house Sunday 3/8, time TBD.
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