240 East 55th St. #5C

OWN FOR LESS THAN RENT!

Enormous alcove studio with lots of sun from 18 feet of south-facing windows.

The updated kitchen has full-size appliances, including a 24" dishwasher, a 30" stove and microwave oven, and a 33"(W) by 69"(H) by 27"(D) refrigerator.

The bathroom has been reconfigured with a large walk-in shower, and is renovated in an attractive white tile and high-end polished chrome fixtures. There is a double-wide closet next to the bathroom, and two additional closets in the foyer and by the kitchen.

IMPORTANT BUILDING INFORMATION

*Unlimited subletting allowed after one year of ownership

*Purchase by corporation or trust (irrevocable and revocable) is allowed with an occupancy agreement, and application both from the purchasing entity and financially responsible individual(s) to occupy the unit, as well as a personal guarantee from the latter

*Co-purchasing, gifting, etc. allowed on a case-by-case basis

*No flip tax

*Storage/bike room in the basement is free for shareholders

*Finance up to 75%

240 East 55th Street is a well-managed co-op located off Second Avenue nestled between residential Sutton Place and the East Midtown business district on Third Avenue. Residents enjoy the convenience and luxury of great restaurants, supermarkets, fitness centers, and specialty stores, as well as close proximity to several subway and bus lines. Central Park and the new East River Promenade is a short bike ride or jog away.

Doorman services Tue-Fri 4PM-12AM and Fri-Mon 8AM-12PM. Mon-Fri full-time porter/handyman. Live-in superintendent.