14 West 17th Street, Apt 4-N

Welcome home to an exceptionally located Flatiron loft, just off Lower Fifth Avenue, featuring dramatic 11-foot high barrel-vaulted ceilings, grandly oversized windows, and an expansive layout that exemplifies true New York City loft living. Spanning 50 feet of frontage, this distinctive home is configured with an enormous living and dining space with open kitchen, two spacious bedrooms, plus a den/study tucked away providing privacy while the balance of the loft remains wonderfully open and inviting. Chef's kitchen by Bulthaup opens to the large dining area and features granite counters, 6-burner Viking range, double extra-deep sinks, and appliances from Sub-Zero and Miele. The king-sized primary bedroom is a sprawling affair with en-suite bathroom and glass stall shower trimmed in subway tile, Carrera marble, and chrome fixtures by Waterworks. The second bedroom features a sun-splashed wall of whitewashed brick and double closet, and a second marble bath has a charming pedestal sink and tub/shower. The hallmarks of urban authenticity and character abound including French doors paned in vintage glass, rusticated wrought-iron ornamentation, strip maple floors, and exposed brick. Excellent storage and built-ins including bookshelves and 2 large desk areas. Washer/dryer in unit. Nearly 50 feet in depth at widest point. Importantly, the coop owns its ground floor retail space, providing building revenue, meaning the shareholder enjoys a best-in-class ultra low maintenance of only $1938 monthly, including property tax. This cost-savings cannot be overstated. 14 West 17th Street is a discreet and established cooperative, offering marble-clad lobby for package delivery, key-locked elevator, secondary freight elevators, and basement storage. Cats and small dogs are permitted. Come live amidst the world-class shopping of Lower Fifth Avenue, the best downtown restaurants, Union Square Green Market and Park, Whole Foods Market, and the best fitness clubs in the City. Truly a special and unique offering.

14 West 17th Street, Apt 4-N, New York, NY 10011 Affordability

Are you planning on getting a mortgage for this Union Square 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 $2,570,000 two-bedroom home that will end up coming to $128,500.

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 $32,125 if you purchase this Co-op at 14 West 17th Street, Apt 4-N.

Are you interested in purchasing 14 West 17th Street, Apt 4-N and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $51,400.

Located at 14 West 17th Street, Apt 4-N, in Union Square, this two-bedroom home is listed by Daren Herzberg, a real estate agent with Compass. If you have questions about this co-op listing you can contact Daren at +19174948909.

14 West 17th Street, Apt 4-N

UNIT AMENITIES

BUILDING AMENITIES

Location

14 West 17th Street, Union Square, New York, NY 10011

Nearby Transit

6th Ave & 16th St At Ne Corner

6th Ave & 16th St At Se Corner

6th Ave & 16th St At Nw Corner

Broadway & 16th St At Ne Corner

14 West 17th Street, Apt 4-N, New York, NY 10011 Affordability

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