Sponsor co-op pick of the week

A Lincoln Square two bedroom with lots of amenities and no board approval required, for $1,970,000

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By Austin Havens-Bowen  |
October 18, 2019 - 9:00AM
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The apartment is in a renovated prewar building.

Douglas Elliman

Welcome to Brick Underground’s sponsor apartment pick of the week, where we feature a co-op for sale by the owner of the building. You do not need board approval to buy these apartments, they are often newly renovated, and they typically require a down payment of only 10 percent, versus the 20 to 25 percent that most co-ops demand. In exchange for the condo-like ease of acquisition, expect to pay a bit more than a regular co-op, but considerably less than a condo. For more information, check out "Everything you ever wanted to know about sponsor apartments but were afraid to ask."

This two-bedroom, two-bath renovated co-op, 344 West 72nd St., #809, is equipped with its own HVAC system so you'll have full control over your apartment's temperature.

It is currently on the market for $1,970,000, slightly below the neighborhood’s current median for similar-sized apartments, which is $2,295,000, according to Streeteasy. There’s a monthly maintenance fee of $2,053. 

The co-op is located in The Chatsworth building, where there’s over 17,000 square feet of amenities, including a children’s playroom, concierge, gym, and live-in super. Built in 1904, the 12-story building has 58 units.

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The co-op has solid oak flooring, coffered ceilings, and custom millwork throughout.
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The master suite offers a large walk-in closet.
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The bath features dual vanities with Kohler fixtures and Kallista finishes.

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Lincoln Center is a 15-minute walk away and neighborhood is well-served by transportation, with the 1, 2, 3, B, and C trains nearby.

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Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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