116 West 72nd St. #8E

About the building:

116 West 72nd Street is an attractive, Italian Renaissance-palazzo style, pre-war cooperative designed by renowned pre-war master architects Schwartz & Gross and built in 1930. The building rises 15 stories and has 69 apartments. Building has two elevators, one regular and one maintenance. No pets.

The building’s amenities include a live-in super, central laundry room (updated a few months ago) and low maintenance. Financing is 80% and there is no flip tax.

The building is centrally located midway between 2 different subway stations, the B & C lines on Central Park West, and the 1, 2 & 3 lines at Broadway and 72nd Street. The Lincoln Center District is only a few blocks to the south. Central Park is a block away. Excellent school district.

About the apartment:

Size: 500 Sq Ft
Maintenance: $745 + $20 ($720 maintenance + $20/month assessment till 2016 for a new boiler)

This comfortable and quiet one bedroom apartment is on the eighth floor. The apartment has been recently renovated and features high ceilings, large windows, hardwood floors, spacious living room / dining space with granite-top bar. It has also been wired for High Definition Home Theater The apartment has been well taken care of and is in move in condition

Apartment can be rented after the owner lives in the building for at least a few years (case by case basis decided by the board). Parents can buy for kids, but board still has to approve.

This is the lowest price that I am willing to accept before it will be listed with an agent in two weeks. At this price, I will not be paying a 3% commission, so if you are an agent, please don’t show it to your clients. If not sold, the apartment will be listed in September (at a higher price) and available for all to see.