SOLD FOR $700,000
· Sold at asking price · Closed December 16, 2024
$700,000
316 W 47TH Street #3F
MLS® #RLS10997295
Listing by Olshan Realty Inc
2
Bedrooms
1
Bath
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
Sparkling 2 Bedroom HDFC home just $699,000 with ultra low $748 maintenance, plus washer dryer! This beautiful two bedroom home is move-in ready, and so much more than you would expect at the price. There is a gorgeous 26' living room with soaring ceilings, a generous 16' primary bedroom, plus a charming 11' second bedroom/den through beautiful French doors. The windowed bathroom is huge, and has convenient entrances from both the primary bedroom and the main hall for guests; it even includes a separate laundry area with your own washer/dryer. The 14' windowed kitchen has two work zones, tons of cabinet space, modern appliances, plus a wide open pass thru to the dining area. Additional features include strip hardwood floors, large double deep closets throughout, and two-zone baseboard heating. But the best perk is the maintenance - it's only $748/month! And if you love the decor - the apartment can be delivered turn-key with furniture. Building Notes: Located on a picturesque tree-lined street in the heart of the Theater District, 316 West 47th Street is a charming 5 story, 12 unit building originally built in 1920. It was COMPLETELY GUT-RENOVATED in 2003 when converted to co-op, and features new windows, new electric and plumbing, baseboard heating, and in-unit sprinkler system. Best of all - this debt free building boasts INCREDIBLY low maintenance, making homes here extra-affordable. 80% financing permitted. Flip tax is 30% of gross profit. Sorry, no pets or smoking permitted. Please note that this co-op is for primary residence only. 316 West 47th Street was rebuilt as part of the city's HDFC co-operative ownership program in 2003. Under 2024 guidelines, here are allowable maximum buyer incomes: Single Person Household: $130,440 Two Person Household: $149,160 Three Person Household: $167,760 Four Person Household: $186,360
Property Details
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Listing courtesy of Cynthia Crowley at Olshan Realty Inc. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.