New York (Sutton Place), NY, 10022 | $425,000

Welcome to this spacious alcove studio, convertible to a junior 1-bedroom, with tons of closet space! and a southern exposure for year-round natural light! With a unique decor and an abundance of built-ins, this unit is move-in ready but priced to allow you plenty of room to decorate or renovate to your tastes! Underneath the carpet is a richly-hued hardwood floor.
The Carlton East, originally constructed in 1962, was transformed into a co-op in 1978. The building features a blue brick facade and a canopied entrance, and provides full-time doorman service, a live-in superintendent, central laundry facilities, two elevators, storage cages, and bike storage. Hallways are recently renovated and the maintenance is excellent.
The co-op allows for 80% financing, co-purchasing, guarantors, pied-a-terre, and unlimited subletting after one year of occupancy. Pets are permitted for shareholders.
Conveniently located in New York City's Sutton Place, the Carlton East gives you access to the best of the city. A Whole Foods Market is located downstairs, and iconic shopping destinations such as Tiffany & Co. , Bloomingdale's, Bergdorf Goodman, and the Shops at Columbus Circle are all only a few minutes away.
Nearby transportation links include express and local subway lines (4/5/6 and N/Q/R) at 59th Street and Lexington Avenue. E/M service is accessible at Lexington Avenue and 53rd Street, the F train stops at 57th Street, and crosstown buses (M57 and M31) stop on the block.
There will be a four-year quarterly capital assessment of $9. 40/share/year to be paid on March 1st, June 1st, September 1st, and December 1st, through 2027. The quarterly assessment is $940. 00. The capital assessment will be implemented to fund critical projects essential to maintaining and improving the building's infrastructure. These necessary upgrades will ensure the general function, safety, and compliance with new city regulations, while preserving the building's long-term value. Some of the projects that require funding through this assessment include HVAC & Plumbing Overhauls, Compliance with Local Law Regulations, and Elevator Modernization.

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