$265,000
●
Co-op -
Off Market
408 W 25TH Street #4RE
Manhattan, NY 10001
Studio
1 Bath
$385,947
RealtyHop Estimate
45.64%
Since Sep 1, 2019
NY-New York
Primary Model
About This Property
Back on the market. 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. 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. Hardwood floors. High ceilings. Washing machine in the apartment (washer/dryers are allowed). Windowed kitchen. Good move in condition. Fourth floor of a walk-up (three flights up). In the back of the building so very quiet with great natural light (faces south).
This charming building has undergone improvements including new brick facade, stoop and front entrance, intercom, staircase and hallways. Pet friendly.
The wonderful Chelsea Recreation Center is on the block (moderately priced gym, swimming pool and various other activities). Two supermarkets are a block away and a 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. 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. Hardwood floors. High ceilings. Washing machine in the apartment (washer/dryers are allowed). Windowed kitchen. Good move in condition. Fourth floor of a walk-up (three flights up). In the back of the building so very quiet with great natural light (faces south).
This charming building has undergone improvements including new brick facade, stoop and front entrance, intercom, staircase and hallways. Pet friendly.
The wonderful Chelsea Recreation Center is on the block (moderately priced gym, swimming pool and various other activities). Two supermarkets are a block away and a 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
956 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$550
Year Built
1910
Last updated: 3 months ago (RLS #RPLU-63211808953)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 12, 2019 | Sold to Anthony P Martinez | $265,000 | |
Sold to Anthony P Martinez | |||
May 4, 2018 | No longer available | - | |
No longer available | |||
Jan 5, 2017 | Listed by Brown Harris Stevens Residential Sales LLC | $299,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Interior Details
Bathroom Information
Full Bathrooms: 1
Room Information
Rooms: 2
Exterior Details
Property Information
Year Built: 1910
Building Information
Building Name: null
Pets Allowed: Building Yes, Yes
Land Information
Tax Block: NA
Location Details
Subdivision Name: Chelsea
Stories Total: 5
Association Fee: $550
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
|