Sponsor co-op pick of the week

A convertible two bedroom in Manhattan Valley for $799,000, no board approval required

By Austin Havens-Bowen  |
November 22, 2019 - 1:00PM

The recently renovated living room is open to the kitchen. (Keep in mind the listing images are virtually staged.)

Property Profile/Streeteasy

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."

If you want to be in a quieter part of Manhattan, this two-bedroom, one-bath co-op, 200 West 108th St., #15G, in Manhattan Valley, on a tree-lined street near Central Park, might fit the bill.

Currently on the market for $799,000, it's priced well below the median for two bedrooms in the neighborhood, which is $972,500, according to StreetEasy. The monthly maintenance fee is $1,495. Transfer taxes will be paid by the buyer. 

The price is lower because it's not a true two-bedroom—the second bedroom would be the dining room. If you close that off to make a bedroom, the only natural light is coming from a small window in the kitchen.

The 17-story prewar building was built in 1929, and has a total of 111 units. Amenities include a part-time doorman, live-in super, laundry room, bike storage and storage bins. The co-op allows pets, pieds-a-terre, and co-purchasing. 

The kitchen is on the small side, and has granite countertops and stainless steel appliances, including a dishwasher. 

There are hardwood floors and high ceilings in the bedrooms.


The bathroom was also recently renovated. 

The neighborhood is served by the 1, B, and C subway lines. Local attractions include Lion Head's Tavern and Smoke Jazz & Supper Club. 



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.