1255 5th Avenue, Apt. 6A

Oozing with charm, this 1040 square foot North and South facing duplex with enchanting garden offers a great flexible layout: its large entry with study or guest room leads to the upper Living Room with 4 windows. The renovated open kitchen with serving bar allows for friendly entertaining, right off the more formal Dining Area. The hall with renovated bath leads to a 20 ft Bedroom with four sunny windows, flanked by crawling ivy. The 300’ basement storage is perfectly dry and safe, and can be connected to the space. The charm of this private address is further enhanced by strip oak flooring, 9’ceilings, and brand new windows throughout. The garden is common to the building owners and is generously landscaped by one of the tenants. This home a perfect nest for a couple or bachelor looking for character and the greatest Nolita location, or for any live/work need such as an art dealer, as the building is not a Cooperative but an association. The apartment represents 30% of a partnership with three other owners; the building is owned free and clear, allowing extremely low charges. The present owner spends an hour a month managing the building and earns a $300 rebate on his $850 maintenance, bringing it down to $550. This extremely well priced unit in the most sought after downtown location is unique in character and flexibility and will doubtlessly woo the eye of the esthete and the smart investor.

Built: 1877

Type of Property:: Partnership .

Zip Code: 10012

Cross Street: Between Broadway and Bowery

Managing Agent): Owner

Superintendent: Owner

Doorman & Concierge: No

Total elevators: 0

Freight elevators: 0

Laundry: No

Refuse Removal : In Basement

Garage: No Parking

Pets Allowed : Yes

Asking: $1,185,000

Maintenance: $ 850 includes $391 monthly RET. + $200 pm reserve fund build up

Size: 1040 Sq Ft, includes 300 Sq Ft

Financing Allowed: Own Merit

Tax Deductibility: 46%

Share: 30% of the association

Availability: Immediate