For some one that doesn't mind making a commitment to a small apartment, this is a good opportunity for full time residents or pied a terre buyers. 310 Riverside Drive--the Masters Building--an elegant prewar at 103rd St--396 square feet, two south facing windows, lateral peek of the river view, low $386 maintenance, minimum bid $235,000. These small units are common in the building and... [more]
For some one that doesn't mind making a commitment to a small apartment, this is a good opportunity for full time residents or pied a terre buyers.
310 Riverside Drive--the Masters Building--an elegant prewar at 103rd St--396 square feet, two south facing windows, lateral peek of the river view, low $386 maintenance, minimum bid $235,000. These small units are common in the building and consistently sell for 275-300k (potential 15-22% discount).
Buy at minimum bid, put down a 20% deposit of $47,000, and your total monthly outlay will be less than $1200 per month, and that's before tax savings.
http://malcolmcarter.wordpress.com/2010/08/09/city-schedules-estate-auction-of-one-bedroom-sutton-place-south-co-op-plus-6-other-apartments/[less]
Response by julia
over 15 years ago
Posts: 2841
Member since: Feb 2007
WOW...thanks for the heads up.
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Response by julia
over 15 years ago
Posts: 2841
Member since: Feb 2007
i just saw a layout of a small studio...too small for me.
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Response by rb345
over 15 years ago
Posts: 1273
Member since: Jun 2009
I looked at studios in that building in the early to mid-1990's. Unless they've gotten larger since I viewed them, most or all are a lot smaller than 396 sq.ft. Before you bid, do your own tape-measure.
WOW...thanks for the heads up.
i just saw a layout of a small studio...too small for me.
I looked at studios in that building in the early to mid-1990's. Unless they've gotten larger since I viewed them, most or all are a lot smaller than 396 sq.ft. Before you bid, do your own tape-measure.