Belmont 79 at 230 East 79th St. #8A

$25K REDUCTION – NOW THE LOWEST PRICE 1 BEDROOM IN THE AREA – CASH DEAL STEAL: If abundant sun, views and significant storage are what you are looking for, then look no further. Facing south with treetop, townhouse and City views, the 17 ft. by 9 1/2 ft. bedroom has been efficiently reconfigured with a huge 7 ft. by 6 ft. dressing room/walk-in closet (one of 5) and will comfortably accommodate a king size bed. This corner unit’s 11 ft. windowed, galley kitchen features Caesar-stone counter tops, Whirlpool and GE appliances and a floor-to-ceiling pantry. The warm tiled bathroom has a large, 3-section medicine cabinet to store all your necessities. Rock-solid oak floors and central air complete the home. Air conditioning and heat are included in the maintenance. For the upcoming mandatory New York City inspection of the facade (Local Law 11) there will be a 31-month assessment of $76.86/mo. beginning in June. This is an expense that virtually all co-ops assess for. Please note: This is a cash deal only.

PLEASE NOTE: Unlike the vast majority of co-ops and condos in NYC, the annual NYC Co-op and Condo Tax Abatement at Belmont 79 is credited back monthly when new shareholders of primary residences qualify with the City. Net of this tax abatement, the effective monthly maintenance in 2019 was $1,863. Prior to qualifying and for secondary home/pied a terre shareholders, the 2020 gross maintenance is $2,038.50.

Please contact Brian Philpott, Corcoran Group Exclusive Listing Agent representing this property, to make an appointment.

Belmont 79 is a 107-unit cooperative, built in 1964 and converted in 1984, with a full-time doorman and live-in super. The Corporation has recently completed several, significant renovation projects: newly renovated hallways with both Verizon fios and Spectrum, a new cell phone-based intercom system, a new mobile app-based laundry, a new mail room and a new package room. There is also suitcase storage. Secondary home/pied a terre ownership is welcome and after 2 years of ownership, 2 years of subleasing will be considered with Board approval. Pets are not permitted.