Co-op, 516 E 78TH Street #4C, Lenox Hill

Description

Set within one of the Upper East Side's most architecturally distinctive landmark buildings, this bright 2-bedroom, 2 private outdoor spaces residence at The Cherokee offers an exceptional opportunity for first-time buyers, professionals, investors, and pied-à-terre seekers alike. Monthly maintenance is just $1,376 - an exceptionally low figure that already includes gas and electricity, making this an outstanding value in today's market.

Bathed in natural light, the apartment features dramatic floor-to-ceiling windows, rich hardwood floors, and original details that speak to the building's storied 1909 Beaux-Arts heritage. Both bedrooms enjoy generous light and each opens onto its own private balcony - a rare double feature in this price range. The kitchen is functional with gas range and ample cabinetry. Freshly painted and move-in ready.

Located directly across from John Jay Park and the East River Esplanade in Lenox Hill, The Cherokee is a landmark building comprised of four elegant courtyard buildings with richly detailed architecture. The building is extremely well-managed with strong financials, a live-in superintendent, attentive staff, central laundry, bike storage, and a package room.

Investor-friendly: the apartment can be rented from day one of ownership. The building also welcomes parents purchasing for children, co-purchasing, guarantors, and pied-à-terres, with a flexible sublet policy. Pet-friendly.

Superb transportation access with the 4/5/6 express trains at 77th Street and the Q train at 72nd Street just moments away.

Listing courtesy of Serhant ...
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