A renovated Inwood two bedroom with lots of storage for $525,000, no board approval required
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The kitchen has marble countertops, under-cabinet lighting, and high-end stainless steel appliances, including a dishwasher.
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, one-bath sponsor co-op, 624 West 207th St., #44, in Inwood, is listed at $525,000, a slight dip from the neighborhood’s median for two bedrooms, which is $549,000, according to StreetEasy. Maintenance isn’t too bad either—$840 a month.
The apartment was recently renovated and features south-facing windows; wide plank hardwood floors; new baseboards, doors, trim, and crown molding—plus recessed LED lighting. There’s an in-unit washer/dryer and four generous closets.
Located in a five-story walk-up that was built in 1916, there’s a total of 20 units. The lobby is an interesting mix of exposed brick walls, crown molding, and mosaic tile floors. Amenities include a live-in super, bike room, gym, storage lockers, and a private greenspace (which apartment #44 overlooks).
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Apartment #44’s living room has a modern ceiling fan, south-facing window, hardwood floors, and crown molding.
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The bathroom has marble floor, subway tile walls, chevron floors, and chrome fixtures. The washer and dryer are near the bath.
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Both bedrooms are windowed and have a large closet.
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The building’s garden has greenspace with seating.
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The apartment is a half-block from the A train and three blocks from the 1 train. Inwood Hill Park is a three-minute walk and Fort Tryon Park is about a 15-minute walk away. Nearby eateries include Guadalupe Restaurant for Mexican fare, Bocaditos Bistro, and bakery CHOCnyc.