$299,000
Updated 2 years ago
Off Market

The Gotham Towne House

153 East 57th Street, 14-L

Midtown East, Manhattan | Lexington Ave & Third Ave

Alcove Studio 1 BathCo-op

$299,000
Maintenance$1,384

Listing Features

  • Hardwood Floors
  • Galley

Building Amenities

  • Full Service
  • Elevator
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Storage

Policies

  • No Dogs. Cats Allowed.
  • Pieds A Terre Ok

Property Description for 153 East 57th Street, 14-L

**INVESTMENT ONLY - STABILIZED TENANT IN PLACE**


PHOTOS are of a similar unit in the building, but there are no photos of the actual apartment in its current status.


VISITS can be scheduled... but only if a potential Buyer first provides us with a Pre-Approval and/or Proof of Funds. We do not want to disturb the Tenant unnecessarily.


FLOORPLAN - We are showing an an Original Floorplan which represents the initial configuration as an Alcove Studio with a Galley Kitchen… currently there is a wall up to create a bedroom, so we have also included an Alternate Floorplan to show how it can be further converted to a more efficient One Bedroom with an Open Kitchen.


This long-term investment is in an elegant doorman/elevator building -- conveniently located just off Lexington Avenue and adjacent to eight subway trains, five bus lines, and with direct access to unsurpassed high-end retail & world-famous restaurants.


The Gotham Towne House is an outstanding, full-time doorman co-op with high shareholder ownership, impeccable financials, subleasing for up to FIVE YEARS, an elegant renovated lobby, new elevators, BuildingLink (resident email notification), natural gas heat, a large updated Laundry Room with card system, both suitcase and bike storage, and access to 24-hour parking garage. Maintenance includes ALL UTILITIES (no electric bill for the AC) and is 60% tax deductible. There is also a discounted Spectrum cable package that is currently $57 a month that includes Wifi and HBO.


The building allows for a pied a terre, co-purchasing, gifting, and subletting…making it a versatile investment opportunity. Surrounded by excellent amenities such as Whole Foods, Trader Joe’s, great restaurants, and fantastic gym options including Equinox, Crunch, and Blink. It’s also just a 10 min walk to Central Park and 5th Avenue, and conveniently near the 4/5/6/N/Q/R/W/E/F/M trains. Cats allowed but dogs not permitted.

Listing History for 153 East 57th Street, 14-L

Now
10/01/2024
Expired by Robert Bell
Compass
07/09/2024
$299,000 [-$26,000] [8%]
Price Drop by Robert Bell
Compass

Building Details for 153 East 57th Street

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1959
Financing Allowed75%
Floors/Apts20/184
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.12 miles
Lexington Av/59 St
0.14 miles
Lexington Av/53 St
0.23 miles
Lexington Av/63 St
0.29 miles
51 St
0.31 miles

Citi Bike

E 58 St & 3 Ave
0.07 miles
E 56 St & 3 Ave
0.12 miles

Contact Agent

Contact Agent

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

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: 103823