Sponsor co-op pick of the week

A Sunnyside one bedroom for $385,000, no board approval required

Austin Havens-Bowen
By Austin Havens-Bowen  |
February 7, 2020 - 10:15AM
image

Apartment #6H’s kitchen has a window, tiled floor, stainless steel appliances, and a solid amount of cabinet space.

StreetEasy

Welcome to Brick Underground’s sponsor apartment pick of the week, where we feature a co-op for sale by the owner of the building. You do not need board approval to buy these apartments, they are often newly renovated, and they typically require a down payment of only 10 percent, versus the 20 to 25 percent that most co-ops demand. In exchange for the condo-like ease of acquisition, expect to pay a bit more than a regular co-op, but considerably less than a condo. For more information, check out "Everything you ever wanted to know about sponsor apartments but were afraid to ask."

This one-bedroom, one-bath sponsor co-op, 43-10 44th St., #6H, in Sunnyside is currently listed at $385,000, which is just under the neighborhood's median sales price for one bedrooms, $397,500, according to RealtyHop. 

There's a monthly assessment of $105.35 until December 2020, which is most likely helping pay for the new elevator that was recently installed. The buyer of #6H will also be responsible for paying transfer taxes of 1.4 percent of the contract price and the sponsor's $3,000 legal fees. Monthly maintenance is set at $716. 

Located in a six-story building built in 1928, there's a total of 48 apartments. Amenities include an elevator and live-in super while the lobby is equipped with security cameras and the front entrance is accessible by an electronic key fob. Be warned: There's no laundry in the building and a washer/dryer is not permitted in the apartment, per the listing. Sublets are allowed after two years for a fee.

43-10 44 Street, Sunnyside, NY, 11104

The living room has hardwood floors and two windows.

43-10 44 Street, Sunnyside, NY, 11104

The tiled bath has a modern gray vanity and a window.

43-10 44 Street, Sunnyside, NY, 11104

image

The windowed bedroom has hardwood floors and a closet. There's a second closet just outside across from the bath.

The 46 St-Bliss St Station is a five-minute walk away, making it a 24-minute commute to Midtown. Nearby eateries include The Lowery Bar & Kitchen and Chihuahua for Mexican fare.

 

Austin Havens-Bowen

Austin Havens-Bowen

Writer

Austin Havens-Bowen is a writer and reporter. He previously covered local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

topics: