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316 West 47th Street 1FW, New York, NY 10036

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For Sale

$575,000

1 beds • 1 baths • 709 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Co-Op
    Property type

  • $811.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Large duplex 1 Bedroom with bonus office/den with laundry room on floor!<br><br>Located in the heart of the Theater District on a charming tree-lined street, this high first floor<br>home offers lots of extras. Entering the parlor level you will find a 26' living/dining room<br>boasting extra high 8'10" ceilings, custom cabinetry, strip hardwood floors, and baseboard<br>heating. The updated open kitchen showcases an elegant black and white palette with new<br>appliances and gorgeous black quartz countertops.<br><br>The dramatic steel staircase brings you upstairs to the second floor, where you'll find the<br>private 10x11 bedroom, a separate 19' long den plenty big enough for guests, a lovely blonde<br>wood home office with built in desk and storage, plus a classically styled black and white<br>windowed bathroom. There is even an ultra-convenient washer/dryer available on the building's<br>2nd floor that's easily accessible from your upper level!<br><br>To top it all off, the monthly maintenance is only $648. This is a great opportunity for the<br>qualified buyer to finally own in the heart of New York City.<br><br>BUILDING NOTES: <br><br>316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It<br>was COMPLETELY gut-renovated in 2003 when converted to co-op, and features new<br>windows, all new plumbing and heating, plus in-unit sprinkler systems. Best of all - this debt<br>free building has INCREDIBLY low maintenance, making homes here extra-affordable.<br><br>316 West 47th Street was rebuilt as part of the city's HDFC co-operative ownership program.<br>Under 2023 guidelines, here are allowable maximum buyer incomes:<br><br>Single Person Household: $118,680<br>Two Person Household: $135,600<br>Three Person Household: $152,520<br>Four Person Household: $169,440<br><br>The co-op is for Primary Residence only. It is a smoke-free building. Sorry, no pets permitted.<br>Note that till the building comes off initial HDFC restrictions in 20
MLS# 22928087

Courtesy Of Olshan Realty, Inc.

212751330010

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Unknown
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 316 West 47th Street 1FW, New York, NY 10036

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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