383-387 Grand St - Building 4 at 383 Grand St. #M104

PRICE IMPROVEMENT

Oversized two bedroom home with large balcony.

This apartment sits at tree-line, providing a quiet and tranquil respite from bustling city life. Facing west and overlooking the coop’s private park, this home also affords a rare Manhattan perspective of being surrounded by trees and greenery. Furthermore, the apartment’s location does not have any direct street exposure making a sound night’s sleep a reality! You’ll even hear birds singing throughout the day.

Move-in ready, this home features a recently renovated and oversized kitchen with large pass-through to the living room, a 60+ square foot balcony, and two large bedrooms (king-sized beds not a problem). The unit features ample storage space, with custom closets. Washer/dryer hookup also installed.

Kitchen highlights include granite countertops, an oversized 5 burner range, dishwasher, marble mosaic tile backsplash, and a vintage cast iron sink basin. Each room has been outfitted with custom millwork designed to provide additional storage while also encasing the original radiators.

The Seward Park Cooperative offers on-site parking, bicycle storage, personal storage, an indoor children’s playroom, two private outdoor playgrounds, a gym, a community room, shared office space, a children’s organic community garden, composting, 24/7 maintenance services on site, 24-hour lobby attendants, and several acres of grass and private green space for reading books and relaxing outdoors. Pets allowed on a case-by-case basis. Gifting, co-purchasing, and guarantors permitted.

Conveniently situated within three blocks of the subway at Delancey/Essex St (F/M/J/Z) and East Broadway (F), north and south-bound access to the FDR, and just a few blocks from the M15 Select Bus Service, getting to and from work is seamless. The property is also situated for easy vehicular access to Brooklyn via the Williamsburg, Manhattan, and Brooklyn Bridges. The Cooperative is also poised to benefit from Essex Crossing, an 8 acre development located a few blocks north. Expected to open in about a year, this project will deliver a movie theater, bowling alley, indoor European style food halls, a museum, Trader Joes, a NYU medical facility, and more to the neighborhood.

After two years of ownership, the Seward Park Co-op allows for subleasing with an additional monthly fee equivalent to 50% of maintenance. After two years of subletting, the fee increases 50% and escalates by the same amount every two years while a subtenant is in place. The fee is capped at 300% of monthly maintenance in years 11 and beyond.