Brown Harris Stevens | Established 1837


243 Mulberry Street - $795,000

Contract Signed

243 Mulberry Street is in the middle of the hottest neighborhood in New York City. Hungry? Stop by the new Philippe Starck-designed Miss Paradis or grab a slice at famed pizzeria Lombardi's. In the mood to shop? In your immediate vicinity is everything from Helmut Lang to Scotch & Soda. Nolita is truly a hotbed for the hip. And now the epitome of city living is within your grasp.

243 Mulberry Street is an intimate 8-unit co-op, two apartments per floor, located in the heart of Nolita. So rarely does an apartment come available on this classic Manhattan block! Apt 3L is a spacious 1-bed / 1-Bath with a second room that can be used as a home office or 2nd bedroom (there is no window). The renovated entryway to the building features exposed brick and a classic, minimalist design. Pre-war features extend into the apartment with exposed brick and two decorative fireplaces. Hard wood flooring is found throughout and the 4 large windows all face East. The recently-renovated kitchen is open to the living room and has an LG fridge, electric stove and whirlpool dishwasher. The roomy bedroom will easily fit a queen size bed and the 2nd room is very generous size and has a split system for heating and a/c.

This impeccably kept co-op is an HDFC building with exceptionally high-income thresholds: 250% AMI limits- Buyer must earn less than: For 1: $167k For 2: $191kFor 3: $214k This will need to be an all cash purchase unless you are able to obtain personal financing. Gifting is allowed and subletting after 2-years of ownership.

There is a laundry room in the basement, the co-op owns the commercial space and benefits monthly from the rental income and there is no underlying mortgage. With incredibly low maintenance at $429, this is a chance to own a home in one of the most desirable neighborhoods in Manhattan. The apartment currently has tenants, a minimum of 24-hour notice for all showings.

Nicole Flowers
Nicole Flowers
212-452-6206   c: 212-537-6733

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

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Soho, NYC Cooperative

Maintenance/CC: $429
Last updated: 8/20/2017
ID: 16884909
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Residence Information

Rooms: 3.5
Bedrooms: 1
Bathrooms: 1.0

Building Information

Period: Pre-War
Building Type: Walkup
Building courtyard: Yes
Laundry in building: Yes