$499,000
Updated 12 years ago
Sold

The Forum

343 East 74th Street, 14-D

Upper East Side, Manhattan | Second Ave & First Ave

Alcove Studio 1 Bath466 Square FeetCondop [Land-Lease]

$499,000
Price Per SF
$1,071

This property was sold for $425,000 on 08/21/14.

Listing Features

  • Dining Alcove
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings
  • Washer / Dryer
  • Oversized Windows
  • Dishwasher
  • Marble Bathroom

Outdoor space and views

  • City Views
  • East Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Roof Deck
  • Sauna
  • Steam Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 343 East 74th Street, 14-D

PRIVATE SHOWINGS BY APPOINTMENT ONLY ON 24 HOURS NOTICE.

No Board Approval. 90% Financing. No Interview Building. Affordable (monthly maintenance of $1231.66 including real estate taxes) bright East facing 466 sf T-shaped studio has 5 oversized windows & open views. Washer/dryer. Marble bath. Herringbone floors with wall to wall carpeting on top. 3 closets. Amenities include a free Cybex gym & cardio room, roof deck, parking garage & 24 hour doorman. Pets and sublets are permitted. The 14th floor has a higher (9') ceiling than most lower floors, making for bigger windows and more light and a more spacious feeling.

Ideal for:
(1) First time Manhattan home buyer since apartment can qualify for low rate so-called "conforming" mortgage up to $417,000;
(2) Investor, since price is low and there is freedom to sublet;
(3) Pied a terre buyer, since there is no Board restriction on such use;
(4) Do-it-yourself, "creative type" who watches HGTV and is looking for a project of manageable scope and cost in this alteration-friendly building; and
(5) Any combination of the foregoing.

Maintenance is approximately 50% tax deductible, making for net after tax ownership cost, aproximating rent for equivalent UES space. Ask your CPA.

Note 1: Photos depict typical D-line unit. Actual unit has useful built-ins.

Building upgrades: new hallways completed in April 2011; new elevators completed September 2011. Exterior restoration work in progress (paid for by 2013 assessment).

Building Details for 343 East 74th Street

OwnershipCondop [Land-Lease]
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1987
Financing Allowed90%
Floors/Apts25/149
Learn More About the Building

Transit and Citi Bike

Subway

72 St
0.13 miles
77 St
0.33 miles
68 St-Hunter College
0.41 miles

Citi Bike

E 74 St & 1 Ave
0.09 miles
E 75 St & 3 Ave
0.12 miles

Contact Agents

Contact Agents

Meredith Specht
Coldwell Banker Warburg
Craig Schiller
Coldwell Banker Warburg

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: 1302888