162 9th Avenue, Unit 3A

$519,000
Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Below-Market Investment Opportunity in Chelsea High Line District. INVESTORS, this is a unique opportunity to buy in a prime location at a price significantly below market value in exchange for granting the elderly seller a life-time lease enabling her to continue living in the apartment, eventually reclaiming the apartment as your own. While you wait, you receive no rent, but seller pays all maintenance and special assessments.


This 3rd floor walk-up cooperative, part of a 4-building coop established
...Below-Market Investment Opportunity in Chelsea High Line District. INVESTORS, this is a unique opportunity to buy in a prime location at a price significantly below market value in exchange for granting the elderly seller a life-time lease enabling her to continue living in the apartment, eventually reclaiming the apartment as your own. While you wait, you receive no rent, but seller pays all maintenance and special assessments.



This 3rd floor walk-up cooperative, part of a 4-building coop established in 1982, is located in a landmark, early 19th Century Greek Revival townhouse and nestled in one of the best blocks in Chelsea. It has 10.5 foot ceilings, 3 large double-glazed windows, bright west-facing living and bedrooms, an open kitchen, and a decorative fireplace. The perfect pied-a-terre or primary residence.



162 Ninth is located around the corner from Chelsea Market, the High Line, the Meatpacking District, and some of the city's best restaurants and museums. Within quick short distance are gourmet stores, the A/C/E/1/2/3/L subway lines and other abundant services. Co-purchasing OK. Once the investor has reclaimed the apartment, both pied-a-terre and subletting (after 2 years) OK.



Cash only. No seller financing. Viewings available by appointment with 48 hour notice. Key Words: investor, investment, tenant.

Listing Agent

  1. Dan Critchett

    Dan Critchett

    Listing Agent

    Compass

Amenities

  • Working Fireplace
  • Walk Up
  • Voice Intercom
  • Lowrise

Location

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LISTING UPDATED: 05/04/2020 11:12 AM

Property Details for 162 9th Avenue, Unit 3A

StatusPermanently Off Market
Days on Market209
Taxes-
Maintenance$863 / month
Min. Down Pymt-
Total Rooms3.0
Compass TypeCo-op
MLS TypeCo-Operative
Year Built1850
CountyNew York County

Building

162 9th Ave

13 Units4 StoriesBuilt in 1850

Location

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Building Information for 162 9th Avenue, Unit 3A

Building/Complex162 9th AveFloor3Stories4Residences13Pet PolicyAllowedYear Built1850Building AgePre-warBuilding TypeLowrise

Payment Calculator

$3,695 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,832

Property Taxes

$0

Maintenance/Common Charges

$863

The Payment Calculator is for illustrative purposes only.

Property History for 162 9th Avenue, Unit 3A

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 162 9th Avenue, Unit 3A

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 11 William T Harris
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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