It's all about location! Sunnyside, a burgeoning neighborhood, is affordable, convenient and easily accessible.
This spacious east-facing prewar alcove studio in Sunnyside is an incredibly low monthly maintenance (HOA Fee) of $376 a month. The apartment has been updated with custom flooring and custom closets with motion sensor lighting. It features a formal entry foyer, large eat-in-kitchen and plenty of storage in this very well laid out floor plan. The windowed kitchen and bathroom are a hallmark to its prewar heritage and adds to its charm and the subdued elegance of this spacious apartment.
Sunnyside is a 15 min commute to midtown Manhattan via the 7-train subway line and 20 min via the Q32 Bus and 25 min by citi-bike. This easily accessible residential neighborhood has an array of supermarkets, cafes and an abundance of desirable restaurants to choose from.
47-25 40th Street is a well-run Co-op in Sunnyside. This prewar, elevator building was built in 1939 and has 107 apartments. It features a grand lobby entrance with a modern package area, live-in super, resident-only courtyard, and an updated large laundry room. Bike room and storage is available. The monthly maintenance charge includes real estate taxes, live-in super, heat, water, snow removal, bike storage, sewer, trash removal, and landscaping. Pets are welcomed.
Sublets, guarantors and co-purchasing require board approval. 80% financing allowed. 3% flip tax paid by seller.
NOTE: Buyers who make this unit their primary residence can be eligible for the coop/condo abatement which would lower the real estate taxes by 17.5%.