BACK ON THE MARKET SELLER SAY BRING OFFERS Welcome home to this amazing studio loft apartment at The Excelsior, one of the most prestigious buildings in Manhattan. ONLY 50% Financing is allowed in this building. This pristine studio is beautifully-designed with tall ceilings. The unit features a huge loft, incredible custom cabinetry/storage space and oversized north facing windows with open views of the city skyline, the Queens boro Bridge, the East River, LIC. This loft has some of the best city views in Midtown East. There is lots storage besides the closet space because the loft space gives you a lot of options to work with. Another great feature is the kitchen which is located in a separate room from the living space something that is becoming harder to find in studios nowadays. The bathroom is surprisingly large and elegantly designed. This really is an amazing opportunity for a buyer. The laundry room is conveniently located on the floor so it is a short trip from the apartment to do a laundry run. The Excelsior is luxury coop with 24-hour service, including doormen and concierges. There is an amazing gym, spa, pool, and roof deck. The building also has a 24-hour garage, a driveway, and a valet. Perfect location! Close proximity to some of the best restaurants and shops in Manhattan including Bloomingdales, Saks Off Fifth, etc. Whole Foods is less than one block away!!! Close to the 4, 5, 6, N, W, R, Q, E, M trains. As well as uptown, downtown and crosstown buses on 57th St. Pied-a-terre and pets allowed! The building was designed by Phillip Birnbaum and was constructed 1967. It has 48 floors and 374 residential apartment units. Building features include a concierge, doorman, health club, roof deck, swimming pool, garage, laundry and dry cleaning service. This building is a land-lease co-op. Additional information: There are no assessments planed. There are currently no planned major capital improvements for the Building. The Building has approximately $5million in it's reserve fund. The Corporation has the unilateral right to extend the ground lease through 2064. Also, the next extension in 2038 has no conditions. The approximate percent of maintenance increase in 2010 was 23% due to the ground rent increase. SUBLET POLICY: Shareholder must reside in the building for 3 years before requesting permission to sublease. Shareholders may sublease for 6 years, 2 year sublets are allowed. Sublet fee is 1 month of maintenance paid in 12 installments. The sublet fee adjusts accordingly if there is an increase in maintenance.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
