Description

This 3800 square foot full floor live-work loft has brilliant natural light and is located in the heart of Flatiron. You are just steps away from Madison Square Park, Eataly, and the N,R,4,5 & 6 subway lines. The 8th floor is currently used as office space with several private offices, conference rooms, a large common space, and individual work stations. The C of O is for commercial use, however, the ability to convert the loft to residential use (residential C of O) is as-of-right, and many of the floors in the building have been converted to residential. The proportions of the loft are extraordinary, and it could easily become a spacious 3-4 bedroom home. Featuring 12' ceilings, oversized windows, north, south and eastern open views, direct elevator access, wide foyer, attended freight elevator, and full time super-- this is a must see. 118 East 25th Street is just east of Park Avenue South and is a lovely, ornate, turn of the century loft building. The low maintenance of $4,229. per month, makes this a most desirable purchase. There is a flip tax on the purchase paid by the seller, and financing is allowed up to 75% of the purchase price.