Sponsor co-op pick of the week

A West Village one bedroom with a sleeping loft for $1,150,000, no board approval required

By Austin Havens-Bowen| March 13, 2020 - 9:00AM

Apartment #6A last sold back in 2012 for $895,000. 

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 one-bedroom, one-bath sponsor co-op, 211 West 10th St., #6A, in the West Village is currently listed at $1,150,000, which is just under the neighborhood's median for one bedrooms, currently $1,250,000, according to RealtyHop. The apartment last sold for $895,000 back in 2012. 

The listing advertises the apartment as a convertible two bedroom, and while there is a sleeping loft equipped with a ladder and handrail in the living room, it does not meet the city's requirements to be a legal bedroom

Apartment #6A is located in a six-story building with 24 units. Amenities include a bike room, storage lockers, recreational facility, laundry, and a private courtyard garden for residents. Monthly maintenance is set at $1,323, which is about 11 percent lower than similar apartments, according to Localize.city. Pets are welcome.

The combined dining and living rooms have an exposed brick wall, and 11-foot wood-beamed ceilings. And there's built-in bookshelves and three windows in the space.

The windowed kitchen has stainless steel appliances, recessed lighting, and updated cabinetry. 

The bath features a Jacuzzi tub.

The bedroom has a window and a large closet. There's another large closet at the end of the entryway.

Nearby dining and shopping options including Westville, Empellon Taqueria, and A.P.C. Surplus. If you're a "Sex and the City" fan, Carrie Bradshaw's apartment is just around the corner. For transportation, the Christoper Street station is a three-minute walk away where you can catch the 1 train.

 

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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