316 West 47th Street, Unit 1FW

Hell's Kitchen

$575,000
Price
1
Beds
1
Bath
709 Sq. Ft.
$811 / Sq. Ft.
709
Sq. Ft.
$811
per Sq. Ft.

Description

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 floor home offers lots of extras. Entering the parlor level you will find a 26' living/dining room boasting extra high 8'10" ceilings, custom cabinetry, strip hardwood floors, and baseboard heating. The updated open kitchen showcases an elegant black and white palette with new appliances and gorgeous black quartz countertops. The dramatic...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 floor home offers lots of extras. Entering the parlor level you will find a 26' living/dining room boasting extra high 8'10" ceilings, custom cabinetry, strip hardwood floors, and baseboard heating. The updated open kitchen showcases an elegant black and white palette with new appliances and gorgeous black quartz countertops. The dramatic steel staircase brings you upstairs to the second floor, where you'll find the private 10x11 bedroom, a separate 19' long den plenty big enough for guests, a lovely blonde wood home office with built in desk and storage, plus a classically styled black and white windowed bathroom. There is even an ultra-convenient washer/dryer available on the building's 2nd 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 the qualified 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. It was COMPLETELY gut-renovated in 2003 when converted to co-op, and features new windows, all new plumbing and heating, plus in-unit sprinkler systems. Best of all - this debt free 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: $118,680 Two Person Household: $135,600 Three Person Household: $152,520 Four Person Household: $169,440 The 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 tax by seller of 30% of profit.

Property Details for 316 West 47th Street, Unit 1FW

Zoning
R8
View
Other

Location

Listing Courtesy of Olshan Realty Inc
Add your commute
LISTING UPDATED: 04/11/2024 08:33 AM

Property Details for 316 West 47th Street, Unit 1FW

StatusActive
MLS IDRPLU-440222928087
Days on Market23
Taxes-
Maintenance$648 / month
Min. Down Pymt-
Total Rooms3.5
Compass TypeCo-op
MLS TypeCo-op
Year Built1920
CountyNew York County

Building

316 W 47th St

12 Units5 StoriesBuilt in 1920

Location

Listing Courtesy of Olshan Realty Inc
Add your commute

Building Information for 316 West 47th Street, Unit 1FW

Building/Complex316 W 47th StFloor1Stories5Residences12Pet Policy-Year Built1920Building AgePre-warBuilding TypeBrownstone

Payment Calculator

$3,786 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$0

Maintenance/Common Charges

$648

The Payment Calculator is for illustrative purposes only.

Property Information for 316 West 47th Street, Unit 1FW

Summary
Location and General Information
  • Subdivision Name: Hells Kitchen
  • Stories Total: 5
  • Exposures: West, North
  • Garage Spaces: 0.0
  • View: Yes
Taxes and HOA
  • Tax Lot: 0043
  • Tax Deduction Percent: .00%
  • Tax Block: 01037
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $30
  • Building Tax Lot: 0043
  • Tax Monthly Amount: 0.0
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 709.0
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: None
  • Building Pets Allowed: BuildingNo
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: StockCooperative
  • Number Of Shares: 250
  • New Construction: No
  • Structure Type: WalkUp
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: None
  • Patio And Porch Features: None
Interior Features
  • Cooling: Other
  • Entry Level: 2
  • Fireplace: No
  • Kitchen Condition: Excellent
  • Floor Number: 2
  • Basement: No
  • Cooling: No
  • Laundry Features: WasherHookup
  • Bathroom Condition: Good
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Unit Line: FW
  • Number Of Units Total: 12
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Attendance Type: None
  • Land Lease: No

Property History for 316 West 47th Street, Unit 1FW

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Schools near 316 West 47th Street, Unit 1FW

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. 51 Elias Howe
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.

Similar Homes

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Similar Sold Homes

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316 West 47th Street, Unit 1FW is a co-op for sale in Hell's Kitchen. This property was listed for sale on March 26, 2024 by Olshan Realty Inc, it's currently listed at $575,000. It has been on the market for a total of 23 days and was last sold on February 19, 2008. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 51 Elias Howe, Middle 297 and Lower Manhattan Community Middle School. 316 West 47th Street, Unit 1FW is a 1-bed, 1-bath, 709 sqft co-op built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Olshan Realty Inc

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.