343 E 74th Street #8-J

Occupied unit. Showings at pre-announced Sunday open houses only. NO EXCEPTIONS. This is the largest 1-bdr unit for sale in terms of pure square footage. Of all 1-bedroom units offered for sale in the building, this unit offers the best VALUE at only $734 per square foot. (The other 1 bedrooms for sale have asking prices which range from $811/sf to $896/sf.) Also, due to an original construction feature, the units on this floor enjoy an extra one foot of ceiling height. This extra high ceiling makes the unit feel larger, but appearances aside, this makes for more storage space in closets and cabinets. And there is an extra 1/2 bath -- the only 1-bedroom unit currently available with this useful feature. Unlimited financing. No Board approval. No interview. No Board package. Faces south and has balcony off the living room. High (approx 9') ceilings on this floor in the building. W/D in unit. 831sf 1 bedroom with 1.5 baths and great light. Free 24/7 gym. Roof deck. Garage. Maintenance is about 45% tax deductible (varies slightly year to year), making for low net after tax ownership cost, approximating rent for equivalent UES space. Ask your CPA. Building upgrades: new hallways completed in April 2011; new elevators completed September 2011. Perfect opportunity to buy pied a terre, with no red tape. Several floor to ceiling windows. Bedroom has good morning light with east-facing window. Layout Note: Despite its generous size and high ceilings, it is NOT possible to reconfigure the unit so as to create a new separate windowed "room" for a home office or other use. If you need an "almost 2-bedroom" this apartment is not for you! Financial Note: This building has a long-term ground lease. Thus, the purchase price (and cash needed to close and mortgage amount) is lower but the monthly maintenance is higher. The desirability of this arrangement depends on the buyer's financial style. Assessment Note: The Board mailed a letter dated June 6, 2013 which announced an assessment for capital work effective August 1, 2013. Shareholders have the option to pay this in a lump sum on August 1, 2013 at a discount, or to pay this over 12, 24, or 36 months with an interest charge.