$495,000
Active
1 days on market
111 E 56th St #300, #300
📍 Midtown East, New York, NY 10022
2.0
Beds
2.0
Baths
1,650
Sqft
$300
Per sqft
1927
Year built
Condo/Co-op
Type
About this property
ESTATE SALE OPPORTUNITY WITH UPSIDE: This massive 1650 sq ft 2 bedroom, 2 bath hotel apartment offers an amazing opportunity with the possibility to cash out in the next year or so with substantial profit. You can simply paint and refresh this enormous apartment just off Park Avenue in a Full Service hotel-coop and rent it out for enough income to cover the monthly fees or perhaps use it for yourself. There are many details to discuss so please make an appointment to see this! Photos are virtually staged.
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Key facts
$6,389 HOA
Built 1927
Property details
Property typeCondo/Co-op
Listing statusActive
HOA fees$6,389/mo
Year built1927
Days on market1 days
MLS #RLS20116253
Estimated monthly payment
Listing price$495,000
Down payment (20%)$99,000
Loan amount$396,000
Principal & interest (7%, 30yr)$2,634/mo
Property tax (est.)$481/mo
Home insurance (est.)$206/mo
HOA$6,389/mo
Estimated total$9,710/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.