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43 East 19th Street, 7 - Flatiron District, New York
Glorious full floor loft with rows of huge windows facing NSEW allowing wonderful light. Keyed elevator opens into a large windowed entrance gallery. From there you enter into a grand Living Room/ Dining Room/23' Gourmet Chefs Kitchen, Library and 3BRs, 3 marble baths. 12' ceilings! Triple mint renovation of approximately 3650 usable SF. The coop owns the ground floor space which is currently leased to the restaurant Craft. Craft pays the co-op $20,000/mo in rent offseting most of the costs of running the building. This 7th floor space has maintenance of $851. the ground floor space is worth $4 to $5 million. On a per share basis, the 7th floor with 643 shares has a 15.5% interest in the ground floor space. Therefore the 7th floor space has at least a $600,000 equity interest in the commercial space. In addition, each owner gets a $150 monthly food allowance from Craft. This is the most sought after location in NYC!
This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727