$280,000
●
Co-op -
Off Market
408 W 25TH ST #4FW
Manhattan, NY 10001
Studio
1 Bath
$355,468
RealtyHop Estimate
26.95%
Since Mar 1, 2021
NY-New York
Primary Model
About This Property
Rare opportunity for an affordable apartment in Chelsea. Low price
and low maintenance.
IMPORTANT: 50% downpayment required. This is an HDFC co-op with restrictions for income, resale and subletting. Total household income cannot exceed $54,000 per year at the time of purchase. The co-op does not require considerable liquid assets after closing. Gifting is allowed. Must be your primary residence. Applicants cannot own other property. No investors or pieds a terre. Owner can sublet for two years after their first four years of ownership. They can then sublet for two years again after another four years. Short term sublets are not allowed. $10,000 flip tax for future resale. Note that similar market rate apartments sell for much more and require considerable liquid assets after closing.
Decorative fireplace. Exposed brick. High ceilings. Eat in kitchen with window. Nice renovated bathroom with window. Washer/dryer allowed in the apartment. Good move in condition. Fourth floor of a walk-up (three flights up). Nice open street views facing uptown so great morning light.
This charming building has undergone improvements (including new front entrance, intercom, staircase and hallways) with more planned (including the facade, a new laundry room, new mailboxes and possible backyard). Pet friendly.
The wonderful Chelsea Recreation Center is on the block (moderately priced gym, swimming pool and various other activities). A supermarket, pharmacy, post office and numerous other conveniences are also right on your doorstep. Trader Joe's, Whole Foods, Fairway and Chelsea Market are all within walking distance. Steps to C and E subway, The Highline, Hudson River Park, Chelsea Piers sports complex, the thriving art gallery scene, restaurants and nightlife.
IMPORTANT: 50% downpayment required. This is an HDFC co-op with restrictions for income, resale and subletting. Total household income cannot exceed $54,000 per year at the time of purchase. The co-op does not require considerable liquid assets after closing. Gifting is allowed. Must be your primary residence. Applicants cannot own other property. No investors or pieds a terre. Owner can sublet for two years after their first four years of ownership. They can then sublet for two years again after another four years. Short term sublets are not allowed. $10,000 flip tax for future resale. Note that similar market rate apartments sell for much more and require considerable liquid assets after closing.
Decorative fireplace. Exposed brick. High ceilings. Eat in kitchen with window. Nice renovated bathroom with window. Washer/dryer allowed in the apartment. Good move in condition. Fourth floor of a walk-up (three flights up). Nice open street views facing uptown so great morning light.
This charming building has undergone improvements (including new front entrance, intercom, staircase and hallways) with more planned (including the facade, a new laundry room, new mailboxes and possible backyard). Pet friendly.
The wonderful Chelsea Recreation Center is on the block (moderately priced gym, swimming pool and various other activities). A supermarket, pharmacy, post office and numerous other conveniences are also right on your doorstep. Trader Joe's, Whole Foods, Fairway and Chelsea Market are all within walking distance. Steps to C and E subway, The Highline, Hudson River Park, Chelsea Piers sports complex, the thriving art gallery scene, restaurants and nightlife.
Unit Size
-
Days on Market
2223 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$550
Year Built
1910
Last updated: 5 months ago ( #RPLU-63211808919)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 12, 2023 | Sold | $426,500 | |
Sold | |||
Jan 17, 2023 | Sold to Elizabeth Sheffield | $426,500 | |
Sold to Elizabeth Sheffield | |||
Nov 24, 2022 | In contract | - | |
In contract | |||
Oct 19, 2022 | Listed by Douglas Elliman Real Estate | $350,000 | |
Listed by Douglas Elliman Real Estate | |||
|
|||
Welcome to this delightful two-room studio in Chelsea, a true
refuge from the bustling city. It's spacious, inviting, and
intuitive. The 9.5-foot ceilings create a sense of air and light,
while the windowed eat-in kitchen has been thoughtfully renovated
to include a dishwasher, washer/dryer combo unit and brand new
cooktop. Modern touches include lighting mounted underneath the
cabinets, sleek grey lower cabinetry and a new refrigerator.
The bright and airy main space has two large…
|
|||
Nov 2, 2015 | Sold to Michael Haas | $280,000 | |
Sold to Michael Haas |
Show More
Property Highlights
Interior Details
Room Information
Rooms: 2
Exterior Details
Property Information
Property Condition: Good
PropertySubType: Apartment
Building Information
Building Name: null
Stories (Total): 5
Financial Details
Tax Deduction Percent: 26
Location Details
Association Fee: $550
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
1
Bed
1
Bath
-
$269,000
May 10, 2017
$269,000
Nov 28, 2017
$550/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/19/2022
|
Studio
|
1 Bath
|
-
|
$350,000
Studio
1 Bath
|
$426,500
+21.86%
01/17/2023
|
Joshua Rubin
Douglas Elliman Real Estate
|
||
07/08/2021
|
1 Bed
|
2 Bath
|
-
|
$299,000
1 Bed
2 Bath
|
$299,000
11/01/2021
|
Vanessa Villanova
Corcoran Group
|
||
09/15/2020
|
Studio
|
1 Bath
|
-
|
$360,000
Studio
1 Bath
|
$294,000
-18.33%
08/04/2014
|
-
|
Elizabeth Butler
Compass
|
|
01/16/2020
|
1 Bed
|
1 Bath
|
-
|
$450,000
1 Bed
1 Bath
|
$365,000
-18.89%
10/25/2021
|
-
|
Pamela Wolfe
The Corcoran Group
|
|
05/10/2017
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
$269,000
11/28/2017
|
-
|
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
|
|
01/05/2017
|
Studio
|
1 Bath
|
-
|
$299,000
Studio
1 Bath
|
$265,000
-11.37%
08/19/2019
|
-
|
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
|
|
05/16/2016
|
Studio
|
1 Bath
|
-
|
$289,000
Studio
1 Bath
|
$289,000
10/31/2016
|
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
01/06/2015
|
Studio
|
1 Bath
|
-
|
$280,000
Studio
1 Bath
|
$280,000
11/02/2015
|
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
10/08/2014
|
Studio
|
1 Bath
|
-
|
$282,000
Studio
1 Bath
|
-
05/04/2015
|
Neil Tilbury
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
08/21/2014
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
$259,000
02/05/2021
|
-
|
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
|
|
02/17/2014
|
Studio
|
1 Bath
|
-
|
$299,000
Studio
1 Bath
|
-
-
|
-
|
John Jourden
Spire Group Inc
|
|
02/17/2014
|
Studio
|
1 Bath
|
-
|
$259,000
Studio
1 Bath
|
-
12/08/2014
|
John Jourden
Spire Group Inc.
|
||
01/21/2014
|
Studio
|
1 Bath
|
450 ft²
|
$249,000
Studio
1 Bath
450 ft²
|
$225,000
-9.64%
11/17/2014
|
Bruce Solomon
Elliman
|
||
10/17/2013
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
$319,000
+6.69%
04/14/2014
|
Lawrence Schier
Corcoran Group
|
||
06/28/2013
|
Studio
|
1 Bath
|
-
|
$294,000
Studio
1 Bath
|
$294,000
08/04/2014
|
-
|
Neil Tilbury
Brown Harris Stevens Residential Sales LLC
|