$200,000
Updated 14 years ago
Sold

241 East 76th Street, 9-I

Upper East Side, Manhattan | Third Ave & Second Ave

3 Rooms1 Bed1 Bath800 Square FeetCo-op

$200,000
Maintenance$1,434
Price Per SF
$250

This property was sold for $250,473 on 03/29/12.

Outdoor space and views

  • City Views

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 241 East 76th Street, 9-I

Great Investment Opportunity!! This apartment is rent stabilized and currently occupied, making this an opportunity for an INVESTOR only. This apartment is subject to the rules of the Rent Stabilization Board Guidelines. I suggest that all potential buyers and Agents read the Guidelines online before requesting an appointment to view. Current tenant can remain in place for as long as he likes. That is the reason that this apartment is being sold for 1/3 of its current market value. Located in a Prime UES Doorman building is this Sponsor unit that is available with NO BOARD APPROVAL!!!! This is a great investment opportunity. Motivated seller is looking to sell this beautiful one bedroom that can easily be converted to a 2 bedroom. It is a Sponsor apartment so no board approval is required. CURRENTLY OCCUPIED BY A RENT STABILIZED TENANT AND IS THEREFORE NOT AVAILABLE FOR IMMEDIATE MOVE-IN. This apartment is a large one bedroom overlooking Second Avenue. Located at 2nd Avenue & 76th Street, this apartment enjoys a fabulous location. It is a must see for someone who would like to have a city apartment in a great location in inventory. Save it for the kids or for when you want a Pied A Terre when you retire. Really low maintenance makes this apartment especially attractive. Brokers inquiries are invited, 3.5% to cooperating Brokers. Tenant is currently about 70+ years old. Rent being paid is $692.87 monthly, Maintenance is currently 1,434.23. Tenant is exempt from rent increases being a senior citizen, city give real estate credit for amount under the legal rent. Building reimburses this credit to owner. Similar apartments in this building have sold for over $600,000. DUE TO THE OVERWHELMING RESPONSE TO THIS LISTING, THIS UNIT CANNOT BE VIEWED. BUILDING CAN BE VIEWED. BUYER PAYS TRANSFER FEES OF $30.00 PER SHARE.

Listing History for 241 East 76th Street, 9-I

Now
04/02/2012
$250,473
Sold and Closed by Norman Shabot
One Manhattan Real Estate
03/21/2012
Contract Signed by Norman Shabot
One Manhattan Real Estate

Building Details for 241 East 76th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1962
Financing Allowed80%
Floors/Apts10/92
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.16 miles
72 St
0.23 miles
68 St-Hunter College
0.42 miles

Citi Bike

E 75 St & 3 Ave
0.06 miles
E 77 St & 3 Ave
0.09 miles

Contact Agent

Contact Agent

Norman Shabot
One Manhattan Real Estate

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1003227