$1,055,000 $1,090,000
Updated a day ago
In contract

The Eastlight

501 Third Ave, 7-A

Kips Bay, Manhattan | East 34th Street & East 33rd Street

Alcove Studio 1 Bath604 Square FeetCondo Sponsor Unit [11/20/2024]

$1,055,000 $1,090,000
Common Charges$1,044
RE Taxes$1,082
Price Per SF
$1,747

Listing Features

  • Walk-in Closet
  • Washer / Dryer
  • Noise Abate Wdws
  • Convection Oven
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • Trash Compactor
  • Marble Bathroom

Outdoor space and views

  • North Exposure

Building Amenities

  • Full Service
  • Elevator
  • Fitness Facility
  • Grilling Stations
  • Resident Lounge
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 501 Third Ave, 7-A

Private In-Person & Virtual Appointments Available - Immediate Occupancy This generously proportioned 604-square-foot studio boasts a thoughtfully designed layout that elevates studio living to new heights. It features a separate, private alcove, akin to a one-bedroom, complete with a large walk-in closet, blending functionality with style. The clever design of the studio allows for ample and graceful living and dining spaces, enhanced by north-facing, floor-to-ceiling, soundproof windows that usher in a serene ambiance. Each residence features seven-inch-wide white oak plank flooring with a matte finish, satin nickel door hardware, spacious ceilings reaching eight-and-a-half feet or higher, and windows that are pre-wired for electronic shades. The kitchens are a testament to luxury and efficiency, featuring custom-designed oak cabinetry, pristine white marble countertops, and backsplashes with elegant grey veining. They are fully equipped with integrated Miele appliances, adding a touch of sophistication. The stainless-steel kitchen sink, complete with Kohler fixtures in a sleek titanium finish and in-sink garbage disposal, reflects a commitment to quality and style. A Bosch stackable washer/dryer is included, ensuring practicality meets elegance. The primary bathrooms are a sanctuary of tranquility, clad in custom, honed Dream White marble tiles on the walls and vanity counter, and complemented by Cinderella Grey marble floors with a honed finish. The custom white oak vanity, adorned with polished chrome pulls and accents, alongside fixtures by Kohler in a vibrant titanium finish, exudes luxury. A custom mirrored medicine cabinet with an oak surround completes the exquisite design, making each residence not just a living space, but a statement of elegance and refined taste. The complete offering terms are in an offering plan available from Sponsor. File No. CD20-0130. Sponsor: COA 200 E 34th LLC. Sponsor: COA 200 E 34th LLC, c/o China Overseas America, Inc., 1500 Broadway, Suite 2301, New York, New York 10036. Equal housing opportunity.

Listing History for 501 Third Ave, 7-A

Now
11/20/2024
$1,055,000 [-$35,000] [3.2%]
Price Drop by Eastlight Sales Office
CORE
11/20/2024
Contract Signed by Eastlight Sales Office
CORE

Building Details for 501 Third Ave

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2022
Financing Allowed90%
Floors/Apts31/144
Learn More About the Building

Transit and Citi Bike

Subway

33 St
0.22 miles
28 St
0.37 miles
Grand Central-42 St
0.43 miles

Citi Bike

E 31 St & 3 Ave
0.14 miles
Lexington Ave & E 36 St
0.16 miles

Ferry

East 34th Street
0.39 miles

Building Availability

APPSF
Median
Average
$2,120
$1,717,500
$1,867,500
$1,993
$1,615,000
$1,689,615
Last 12 months
$2,045
-
-
Last 12 months
$99
-
-

AlcoveStudio in Kips Bay

APPSF
Median
Average
$1,201
$517,500
$554,857
$1,444
$752,500
$781,125

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. 

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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: 2109864