176 East 71st Street, Apt 19d

AMAZING PRICE REDUCTION.....PLUS AMAZING INCENTIVE - SELLER TO PAY 5 YEARS OF THE $530 MONTHLY SURCHARGE AT CLOSING. This gracious apartment is priced so you can create your dream home! Welcome to the Townshend House Cooperative! This bright, spacious and well located apartment has all the features to make it a perfect home. High floor, open city views, fabulous location, large gracious rooms, fantastic service and the plus of outdoor space. There is a large entry foyer off of which is a second bedroom/dining room/den, windowed kitchen (that could include counter seating), a dining area off of the kitchen, an oversized living room with open city views and a large terrace. The Primary bedroom is sizable with bath en-suite and includes a separate dressing area with closets. There is a full second bath off of the entry foyer. Nine closets, large windows and two terrace doors add to this terrific layout. This beautiful space offers great "bones" to a creative buyer. Each apartment at Townshend House has a designated storage space, There is a gym and garage in the building (garage has a wait list, but there is a garage directly across the street) The white glove service includes a full time doorman, concierge, and live in resident manager, Sorry no pets allowed. Close to transportation, restaurants, shopping and Central Park. There is a monthly surcharge of $530.(5 years paid by seller) Showings Monday-Friday 9-5. PICTURES ARE VIRTUALLY STAGED

176 East 71st Street, Apt 19d, New York, NY 10021 Affordability

Are you planning on getting a mortgage for this Lenox Hill Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $1,450,000 two-bedroom home that will end up coming to $72,500.

Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.

You’ll also be on the hook for the new progressive New York City mansion tax, which applies to every NYC property that sells for $1 million or more. Rates start at 1% for $1-1.99 Million properties and go up 3.9% for properties priced above $25 Million. You can expect to pay a mansion tax of $14,500 if you purchase this Co-op at 176 East 71st Street, Apt 19d.

Are you interested in purchasing 176 East 71st Street, Apt 19d and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $29,000.

Located at 176 East 71st Street, Apt 19d, in Lenox Hill, this two-bedroom home is listed by Elyse Gutman, a real estate agent with The Corcoran Group. If you have questions about this co-op listing you can contact Elyse at +19177963144.

176 East 71st Street, Apt 19d

BUILDING AMENITIES

Location

176 East 71st Street, Lenox Hill, New York, NY 10021

Nearby Transit

Lexington Ave & 68th St At Ne Corner

Lexington Ave & 68th St At Nw Corner

138 East 68 Street

Lexington Ave & 68th St At Sw Corner

176 East 71st Street, Apt 19d, New York, NY 10021 Affordability

400 East 54th Street, Apt 19A

136 East 64th Street, Apt 5-F

100 Riverside Boulevard, Apt 12-R

Search more apartment listings in nearby neighborhoods