Let’s face it: The Upper West Side is a top favorite on everyone’s list. It has access to both Central Park and Riverside Park, is filled with beautiful architecture and has great museums. Of course, the UWS can also come with a steep price tag. But that’s not always the case. That’s why we made 242 W. 104th St. #6WR our Deal of the Week. It’s a 2-bedroom co-op with great style and smart storage for a fraction of the typical neighborhood price tag.
The Price: $749,000
According to the latest StreetEasy Market Reports, the median asking price for a 2-bedroom on the Upper West Side is $1,725,000. That puts our Deal of the Week at about $1 million under the median.
Buyers who pay the 20 percent minimum down payment of $149,800 can expect to see monthly payments of around $4,196. This includes a mortgage payment of $2,965 and a monthly maintenance fee of $1,231.
Why You’ll Love It…
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The entrance to this 2-bedroom is a long gallery, perfect for displaying art, which then opens into the spacious living area. It’s hard to resist the window seat, which is a perfect place to relax, in addition to providing extra storage. Floor-to-ceiling built-ins give even more, plus offer a great design to the space.
The living room is open to the windowed kitchen, which features custom oak cabinetry, granite countertops, and a breakfast bar. The stainless-steel appliances include a Fisher & Paykel fridge, GE range, dishwasher, and microwave.
Location-wise, the building is just steps away from the 103rd Street stop on the 1 train. It’s also right in the middle of all the great things the Upper West Side has to offer. There’s a yoga studio right across the street, in addition to great shopping and dining all the way down Broadway. Plus, Riverside Park is just two blocks away.
The apartment is located in a 24-unit co-op complete with an elevator, live-in super, storage, and outdoor space. Additionally, co-purchasing, gifts, guarantors, parents buying, and pied-à-terres are all allowed. Subletting is allowed after one year. And there’s a pet-friendly policy!
… And Why You Might Not
Although this is a true 2-bedroom apartment, the second bedroom is definitely on the smaller side and could be used as an office or children’s room. The master bedroom is also not huge, nor is the kitchen nestled into the living room. Lastly, those monthlies are not cheap. But for those looking to buy on the Upper West Side, this apartment would be hard to pass up.
Check out the listing at 242 W. 104th St. #6WR, listed by James Guimaraes of Ideal Properties LLC.
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