Updated 7 years ago
Off Market
5 Rooms2 Beds2 Baths1,057 Square FeetCo-op
$695,000
Maintenance$2,397
Price Per SF
$658
Listing Features
- Abundant Closets
- Corner Apartment
- Galley Kitchen
- Sunken Living Room
- Washer / Dryer
- Dishwasher
- Microwave
- Open Kitchen
- Windowed Kitchen
- En Suite Bathroom
- Stall Shower
Outdoor space and views
- North Exposure
- South Exposure
- West Exposure
Building Amenities
- Full-Time Doorman
- Bike Storage
- Elevator
- Laundry Room
- Storage
Policies
- Pets Allowed
- Pieds A Terre Ok
Property Description for 349 East 49th Street, 5-R
ESTATE WRECK OPPORTUNITY 2-bedroom 2-bath co-op, 1,057 square feet, 8'8” ceilings, step-down living room faces south onto East 49th Street. Original hardwood oak floors, protected for decades under carpeting, recently restored and beautifully refinished.
Bring your architect and contractor to gut-renovate everything else. Needs modern plumbing and electrical systems, new kitchen and two baths, baseboards, closets, light fixtures, window repair. Priced to sell quickly to the highest bidder, "as is, where is, with no warranties and representations.” BEST VALUE in Midtown East of all full-service elevator buildings, available for the first time in 50 years.
Laundry in basement. Pet and pied-a-terre friendly. Thru-wall AC and W/D in unit not permitted. Subletting limited to 2 years of any 5-year period. Max sublease is one year with Board review required for second year. Sublease fee = 10% annual maintenance, paid in a lump sum. If apartment is financed, Shareholder must provide written approval from lender. Back on the market July 8 after BOARD TURNDOWN.
Building Details for 349 East 49th Street
OwnershipCo-op
Building TypeLow-Rise
Service LevelFull-Time Doorman
AgePre-War
AccessElevator
Year Built1940
Financing Allowed75%
Floors/Apts6/103
Transit and Citi Bike
Subway
Lexington Av/53 St
0.26 miles
51 St
0.31 miles
Grand Central-42 St
0.47 miles
Railroad
Grand CentralLong Island Rail Road
0.41 miles
Grand CentralMetro-North Railroad
0.49 miles
Citi Bike
E 51 St & 2 Ave
0.1 miles
E 51 St & 1 Ave
0.1 miles
Turtle Bay | Manhattan
Quick Profile
Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.
But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.
Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.
Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds.
In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.
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: 1801785
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