316 W 47th Street, #1FW, New York, NY, 10036 | $575,000

Large duplex 1 Bedroom with bonus office/den with laundry room on floor!Located in the heart of the Theater District on a charming tree-lined street, this high first floorhome offers lots of extras. Entering the parlor level you will find a 26' living/dining roomboasting extra high 8'10" ceilings, custom cabinetry, strip hardwood floors, and baseboardheating. The updated open kitchen showcases an elegant black and white palette with newappliances and gorgeous black quartz countertops. The dramatic steel staircase brings you upstairs to the second floor, where you'll find theprivate 10x11 bedroom, a separate 19' long den plenty big enough for guests, a lovely blondewood home office with built in desk and storage, plus a classically styled black and whitewindowed bathroom. There is even an ultra-convenient washer/dryer available on the building's2nd floor that's easily accessible from your upper level!To top it all off, the monthly maintenance is only $648. This is a great opportunity for thequalified buyer to finally own in the heart of New York City. BUILDING NOTES: 316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. Itwas COMPLETELY gut-renovated in 2003 when converted to co-op, and features newwindows, all new plumbing and heating, plus in-unit sprinkler systems. Best of all - this debtfree building has INCREDIBLY low maintenance, making homes here extra-affordable. 316 West 47th Street was rebuilt as part of the city's HDFC co-operative ownership program. Under 2023 guidelines, here are allowable maximum buyer incomes: Single Person Household: $118, 680Two Person Household: $135, 600Three Person Household: $152, 520Four Person Household: $169, 440The co-op is for Primary Residence only. It is a smoke-free building. Sorry, no pets permitted. Note that till the building comes off initial HDFC restrictions in 2033, there is a required flip taxby seller of 30% of profit.

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