The Market

5 gut-renovated Manhattan co-ops for sale under $2,750,000

By Austin Havens-Bowen | February 9, 2022 - 9:30AM 

This Lenox Hill two-bedroom, two-bath co-op is listed for $2,690,000. 

Douglas Elliman

If you’re preparing to buy an apartment in New York City, you’re likely focusing on places that are move-in ready. That’s because Covid safety protocols, an ongoing supply chain crisis, and inflation all make renovating in this city even more difficult than usual.

Even when the pandemic is not a factor, a NYC apartment renovation is not for the faint of heart, especially in a co-op building: You need to jump through many hoops and get the green light from the board and permits from the city. You can expect delays and you might have to wait your turn if your neighbors are doing their own upgrades.

So skipping the work and focusing on apartments that are already renovated removes those headaches. Of course, you’ll have to pay more: Fully-renovated apartments are pricier thanks to increased demand these days, but you can find some deals if you’re flexible about the neighborhood.

To help with your search, here are five gut-renovated co-ops listed for less than $3,000,000 in Sutton Place, Greenwich Village, Upper West Side, Lenox Hill, and Soho.

455 East 57th St., #2C, Sutton Place 

This three bedroom, two bath is listed for $1,395,000. Apartment #2C features a wood-burning fireplace, high ceilings, hardwood floors, oversized windows, quartz countertops, stainless steel appliances, an in-unit Bosch washer/dryer, and a storage unit. The building has a live-in super, doorman, and bike room. Monthly maintenance is $3,458.  

50 West 9th St., #1A, Greenwich Village

This one bedroom, one bath is listed for $1,995,000. It has two wood-burning fireplaces, high ceilings, recessed lighting, hardwood floors, Venetian plaster walls, stainless steel appliances, and central air. Amenities include a doorman, laundry room, bike room, and storage. Monthly maintenance is $2,121. 

363 East 76th St., #17EF, Lenox Hill  

This two bedroom, two bath is listed for $2,690,000. It has a private balcony, an electric fireplace, custom millwork, hardwood floors, built-in Sonos speakers, stainless steel appliances, floor-to-ceiling windows, and a walk-in closet. Amenities include a doorman, concierge, and a parking garage. Monthly maintenance is $3,541. 

885 West End Ave., #1C, Upper West Side 

This three bedroom, two bath is listed for $2,700,000. The apartment has hardwood floors, pocket doors, stainless steel appliances, high beamed ceilings, built-ins, track lighting, central air, custom blinds, a walk-in closet, an in-unit washer/dryer, and storage unit. Amenities include a doorman, live-in super, gym, and bike storage. Monthly maintenance is $2,313 and there’s a $812 abatement through July. 

16 Greene St., #4S, Soho   

This two bedroom, two bath is listed for $2,750,000. Apartment #4S features original wood-beamed ceilings, exposed brick, hardwood floors, oversized windows, stainless steel appliances, central air, and a walk-in closet. A storage unit comes with the apartment. Monthly maintenance is $2,922.  

 

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