408 W 25th St APT 4FW, New York, NY 10001

Studio, 1 bath
For Sale
$279,000
Zestimate®: $369,377
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***Open House By Appointment Only******Prospective Buyers MUST email 24-Hours in Advance requesting a time for Sunday OH******Brokers You Must Register Your Clients 24-Hours in Advance***Just when you think you've seen it all. Along comes this undiscovered gem right in the heart of Chelsea. After 25-years, the owners are finally allowed to sell these fantastic apartments. The question you have to ask, is whether or not you will take advantage of this once in a lifetime opportunity.Bring your contractor so they can transform this raw canvas into your next home. The building is very well maintained and comes with exceptional bones.Keep in mind that income restrictions apply as this is an HDFC building. Maximum income for the primary resident and shareholder is capped at $46,800. Hence the extremely low maintenance charges - and extremely low price!Parents buying for children is allowed. Gifting is allowed. Pets are allowed.Pied a terre is not allowed. Sublets are not allowed. Corporate Ownership is not allowed.Financing is available through Citibank for those who qualify. We worked for over a year to get approval for the building, so plan on financing with Citi for your purchase as every other lender we approached would not work with an HDFC building.Contact us directly if you have any questions.See you at the Open House!  MoreLess
Facts
  • Cooperative
  • Built in 1910
  • 149 days on Zillow
  • MLS #: 27351
    Construction
    • Unit count: 20
    Other
    • Zillow Home ID: 2108733533
    Home Values
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $369,377
    +$34,028 Last 30 daysd
    $303K
    $417K
    Zestimate range
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    $2,494/mo
    +$30 Last 30 daysd
    $2.1K
    $3.3K
    Zestimate range

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    Neighborhood for 408 W 25th Street APT 4FW

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    Zillow predicts 10001 home values will increase 7.1% next year, compared to a 2% increase for New York as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In 10001, the number of foreclosures waiting to be sold is 325% higher than in New York, and 67.6% lower than the national average. This higher local number may prevent 10001 home values from rising as quickly as other regions in New York.

    Learn more about forecast calculations or 10001 home values.
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       Other Units in this Building (4)ZestimateBedsBathsSqft

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