$725,000
Updated 5 years ago
Off Market

500 West 111th Street, 3-G

Morningside Heights, Manhattan | Amsterdam Ave & Broadway

4 Rooms1 Bed1 BathCo-op

$725,000
Maintenance$876

Listing Features

  • Abundant Closets
  • Architectural Dtls
  • Hardwood Floors
  • High Ceilings
  • Refinished Floors
  • Solid Wood Doors
  • Eat-in Kitchen
  • Windowed Kitchen

Outdoor space and views

  • North Exposure

Building Amenities

  • Voice Intercom
  • Attended Elevator
  • Bike Storage
  • Laundry Room
  • Renovated Lobby
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 500 West 111th Street, 3-G

NO BOARD APPROVAL SPONSOR UNIT UNSOLD SHARES
RARELY AVAILABLE CONDOP
UNLIMITED SUBLETTING INVESTOR FRIENDLY EXCELLENT FOR 1031 EXCHANGE
DELIVERED WITH FREE MARKET TENANT TO JUNE 2022
CONVERTIBLE 2 BEDROOM EXCELLENT FOR OWNER OCCUPANT OR INVESTOR
LOW MONTHLY CHARGES INCLUDE REAL ESTATE TAX
BUYER PAYS NYC/NYS TRANSFER TAXES ON SPONSOR UNIT

Delivered with free market tenant in place to June 2022
Completely renovated all new electricity floors walls brand new eat in windowed kitchen and brand new windowed bathroom

Better than a condo no board approval to buy or rent unlimited no fee subletting from day 1 no sublet package or resale package
4% return or move in with no paperwork

Virtual Doorman
Front unit views of St John the Divine and Amsterdam Garden
Easily converts to two bedroom/den/home office/nursery see alternate floor plans
Secure Pre war elevator building
Excellent financials
Resident super
Bike room and storage bins
Building planning to build roof deck in future
Prime Morningside Heights
Building contains Hungarian Pastry Shop and is one block from 24/7 Westside Market and #1 train
Building is considering addition of roof deck in future
Only other unit for sale in this bldg in the last 3 years is in contract for $1,395,000

For sale by broker/owner
Available for co-broke

Video Walkthrough


Listing History for 500 West 111th Street, 3-G

Now
09/20/2021
TOM by Douglas Keisler
Douglas Keisler, LREB
08/11/2021
Back on the Market by Douglas Keisler
Douglas Keisler, LREB

Building Details for 500 West 111th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessAttended Elevator
Year Built1929
Financing Allowed80%
Floors/Apts6/38
Learn More About the Building

Transit and Citi Bike

Subway

Cathedral Pkwy (110 St)
0.16 miles
116 St-Columbia University
0.28 miles
Cathedral Pkwy (110 St)
0.36 miles
103 St
0.38 miles
116 St
0.48 miles

Citi Bike

W 110 St & Amsterdam Ave
0.08 miles
W 113 St & Broadway
0.17 miles

Contact Agent

Contact Agent

Douglas Keisler
Douglas Keisler, LREB

Morningside Heights | Manhattan

Quick Profile

Due to the large number of institutes of higher learning that are housed within its borders, most notably Columbia University, Morningside Heights has a very definite college-town vibe. It has been dubbed the “Academic Acropolis,” both for the large number of schools and for the fact that the neighborhood is built high atop the Manhattan schist bluffs that are the geological bedrock of NYC. From this vantage point, which is the highest point of land in all of Manhattan, you can take in stunning views of upper Manhattan and the Hudson River. Sunsets are especially breathtaking from Riverside Park.

Walk through Morningside Heights and you’ll see a diverse population, especially when the schools are in session. It has a generally quiet atmosphere, bounded by large green spaces, dotted with small cafes, specialty stores, and restaurants that offer all manner of international cuisine. There is a modest nightlife consisting of intimate bars and small musical venues, many of which are open to the wee hours of the morning, and frequented by students.

Housing is primarily pre-war buildings that have larger apartments and beautiful architecture clustered around Broadway. You can find affordable walk-ups in low-rise buildings on the side streets. Many of the residential buildings in the area actually are owned by Columbia University.

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: 1934615