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."
If you’re looking for a slice of suburbia with a decent commute to Manhattan, this four-bedroom, two-and-a-half-bath sponsor co-op, 3755 Henry Hudson Parkway, #12C, in Riverdale, fits the bill with it’s spacious layout, parks, and a nearby Metro North station.
Apartment 12C hit the market in mid-December and is currently priced at $1,049,000, with monthly maintenance at $2,259. The price might seem a bit steep for the neighborhood, but you’re getting 2,100 square feet of gut-renovated living space, a private terrace, and nine closets. The owner can install a washer/dryer with board approval.
Located in The Imperial, a co-op built in 1961, there’s 92 apartments across 12 floors. Amenities include a bike room, children’s playroom, 24/7 attended garage, gym, laundry, package room, and a live-in super.
The windowed kitchen features Samsung stainless steel appliances, KraftMaid cabinetry, quartz countertops, tiled backsplash, and a pantry.
The master bedroom (shown virtually staged) has large windows, two closets, and an en suite bath.
The en suite bath has a sleek gray vanity with a large mirror, standing shower, and tiled flooring.
The three other bedrooms have windows, large closets, hardwood floors, and ceiling lights. (You have to pass through one of the bedrooms to get to another.)
The building is a 22-minute walk from the Spuyten Duyvil Metro North Station, or you can catch a bus to the station for a 48-minute commute to Grand Central Station. The 1 train is about a 17-minute walk from the building. Nearby eateries include Salvatore's, The Hill Bistro, Cocina Chente, and Tin Martin for tapas, cocktails, and live music.
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