223 East 50th Street
This pre-war elevator building is located in the heart of Midtown East on 50th St between Second and Third Avenues. This co-op building has an approval process that is easier than most. Purchasers only need to put down 10% and can rent out their unit after one year. Pied-à-terre allowed, and parents are even able to buy for their children; something often looked down upon by co-op boards.
Affordable units are available for sale and for rent. The building’s greatest appeal is the ease of approval. Each unit differs in terms of renovations and upgrades.
Address: 223 East 50th Street
Neighborhood: Midtown East
Style: Pre-war Low-rise
Service: Voice intercom
Size: 6 floors, 25 apartments
For Rent: $2,500 - $3,500 (Furnished and Unfurnished units available)
For Sale: $375,000 - $549,500
Amenities: Laundry Room
About Midtown East
Midtown East is known for it’s shopping and restaurants. Escape from the hustle and bustle to Central Park, just a short walk away. This neighborhood has the beauty of old architecture and is home to many of New York’s famous landmarks: St. Patrick’s Cathedral, Saks Fifth Avenue, the Chrysler Building, Grand Central Station, and the United Nations.
Nearest Grocers: Food Emporium - 969 Second Avenue
Restaurants: Dos Caminos Third - 825 Third Avenue
Nightlife: King Cole Bar at The St. Regis Hotel - 2 East 55th Street
The Carriage House - 219 East 59th Street
*Prices at time of posting and subject to change.
Related posts:Notable Buildings