Description

Rare Corner Loft - First Offering in Over Four Decades - Gramercy/Flatiron

2 Bedrooms (convertible, alternate floor plan available) 2 Full Baths 1,607 Sq Ft $2,595,000 ($1,614/Sq Ft) Maintenance $4,313/mo

Perched at the corner of Park Avenue South and 18th Street, this sprawling loft residence is offered for the first time in over four decades. Nearly eighty linear feet of continuous window wall wraps the corner - nine oversized windows in all - filling the home with light and framing dynamic skyline and street views.

The apartment has been meticulously refreshed throughout and today presents as a beautifully finished, move-in-ready home rather than a renovation project. Restored maple hardwood floors run beneath dramatic 11.5-foot ceilings, and the residence is comfortably livable now, with the sole exception of central air conditioning during peak summer months.

Currently a wide-open, light-filled layout with two full bathrooms, the loft converts easily to a defined two-bedroom with the addition of a single wall (see alternate floor plan), or up to a three-bedroom, three-bath configuration given the unit's plumbing and structural capacity.

The one remaining upgrade - central air and perimeter window replacement - comes with a proven path: the board has already approved this exact scope of work for other units in the building.

With comparable apartments in the building trading north of $1,800 per square foot even unrenovated, 7B is offered at $1,614 per square foot - a home that's largely finished today, with meaningful built-in equity and one well-defined project ahead of it.

Residents enjoy dedicated storage, complimentary laundry on every floor, and a landscaped, furnished common roof terrace. No assessments, and a board that welcomes pieds-à-terre, LLC, and trust ownership round out one of the most stable co-op foundations in the neighborhood.