240 East 55th Street #9C

A Junior 1-bedroom, Apartment 9C is quiet – light and bright – with open city views from 18 feet of south-facing windows (new window glass is being installed). It features a fully equipped kitchen and a stone tile bathroom. There are four large closets: two in the entrance foyer, a double in the bedroom, and a double off the bathroom.

Some updating is required. The following price quote is based on an inspection of Apartment 9C by a GC who has renovated numerous apartments in the building: $10,000 to paint entire apartment, replace baseboards, sand and refinish floors, remove radiator/air conditioner covers and bedroom closet. All materials included..

IMPORTANT BUILDING INFORMATION

*Unlimited subletting allowed after one year of ownership

*Purchase by corporation or trust (irrevocable and revocable) is allowed with an occupancy agreement, and application both from the purchasing entity and financially responsible individual(s) to occupy the unit, as well as a personal guarantee from the latter

*Co-purchasing, gifting, etc. allowed on a case-by-case basis

*No flip tax

*Storage/bike room in the basement is free for shareholders

*Finance up to 75%

240 East 55th Street is a sought-after co-op doorman building, conveniently located between residential Sutton Place and the Midtown business district – a five minute jog both to Central Park and the East River Promenade. Whole Foods, Trader Joe’s, and other excellent stores and restaurants are close by. Near 4/6, E/M, N/R/W lines, several bus routes, and third-party parking facilities.

Doorman services Tue-Fri 4PM-12AM and Fri-Mon 8AM-12PM. Full-time Mon-Fri porter/handyman. Live-in superintendent.