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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, 825 West 179th St., #2D, in Hudson Heights, is currently listed at $725,000 with monthly maintenance set at $1,077. It's a bit more than the neighborhood's median for similar apartments, which is $675,000, according to StreetEasy. The higher price is probably because the apartment has been fully renovated.
Apartment #2D is located in a six-story co-op built in 1920, with 42 total units. Amenities include a live-in super, laundry room, play area, and storage. The building is equipped for Fios if hyperfast wifi is your thing. A lobby renovation, and the addition of a virtual doorman, is slated for this year. There is a monthly assesment of $181.07 through 2020 to pay for the elevator modernization that was completed last year.
Keep in mind that the entrance to the George Washington Bridge is right outside of the building, which offers a quick ride to New Jersey, but check whether you can hear traffic from inside the apartment.
The windowed kitchen features quartz countertops, custom cabinetry, and new stainless steel appliances. The in-unit washer/dryer is in the kitchen.
The dining room has French doors that open to the living room and a window. There's also a door to the master bedroom, and you may be able to use it as a nursery or home office, or possibly another bedroom. (Converting room to a bedroom requires board permission, and you'll need an architect to submit plans and get the proper permits from the DOB).
Both bedrooms have windows and large closets.
The bath has porcelain tiles and a large vanity with storage space.
The neighborhood is served by the A, C, and 1 trains. J. Hood Wright Park, Fort Washington Park, and George Washington Bridge Park are nearby and Fort Tryon Park and The Met Cloisters are a 25-minute walk away. Nearby eateries include The Uptown Garrison, Le Chéile, and Tampopo Ramen.
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