$885,000
Updated 7 years ago
Sold

114 East 27th Street, 5-B

Kips Bay, Manhattan | Park Ave South & Lexington Ave

3 Rooms1 Bed1 BathCondo

$885,000
Common Charges$455
RE Taxes$523

This property was sold for $885,000 on 04/02/19.

Listing Features

  • High Ceilings
  • Separate Dining Area
  • New Windows
  • Dishwasher
  • Microwave
  • S Steel Appliances

Outdoor space and views

  • Juliet Balcony
  • City Views
  • South Exposure

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room
  • Storage

Policies

  • No Dogs. Cats Allowed.

Property Description for 114 East 27th Street, 5-B

Calling all Investors! This home checks off all the boxes: great location, excellent cap rate, low monthly carrying costs.

Nestled in a boutique elevator condominium, one block from the 6 train, this apartment features a bright and south-facing, expansive living room with a dining area that opens up onto a juliet balcony with clear views of the sky and the architecturally fascinating roof top of the Armory on 26th Street. The pin drop quiet bedroom easily accommodates a king or queen size bed with room to spare. The separate, granite and stainless steel kitchen comes fully equipped with a dishwasher and microwave, as well as ample counter space and custom cabinetry. The bathroom is modern and also retains excellent storage. Additionally, the closet space is plentiful PLUS you have exclusive access to an enormous storage room in the building. FREE Laundry too!

The building is renovated, superbly maintained, and originally pre-war, therefore, the home reaps the benefits of solid construction, high ceilings and charm. With only two units per floor, this is truly the perfect package. Steps from exquisite restaurants and night life such as Blue Smoke, Sarabeth's, i Trulli, Hillstone, an easy walk to subways and crosstown buses- not to mention close proximity to Madison Park, Eataly, supermarkets...the list is endless! No pets permitted. Tenant in place through May 2020. Let this become the smartest investment you ever made- it's truly a gem you won't want to miss!

Listing History for 114 East 27th Street, 5-B

Now
04/02/2019
$885,000
Sold and Closed by Sabina "Lori" L. Feiler- Fluger
Brown Harris Stevens Residential Sales LLC
03/11/2019
Contract Signed by Sabina "Lori" L. Feiler- Fluger
Brown Harris Stevens Residential Sales LLC

Building Details for 114 East 27th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1910
Financing Allowed90%
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.06 miles
23 St
0.22 miles
33 St
0.28 miles
23 St
0.3 miles
28 St
0.34 miles

Citi Bike

E 27 St & Park Ave S
0.06 miles
Lexington Ave & E 26 St
0.06 miles

Contact Agent

Contact Agent

Sabina "Lori" Feiler- Fluger
Brown Harris Stevens

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

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: 1759049