343 East 74th Street
New York, NY 10021
Total # of Rooms: 4
Year Built: 1987
Interior: 1,015 sq. ft. (approx.)
Exterior: 50 sq. ft. (approx.)
mt: $3,641 max financing: 90 %
NO BOARD APPROVAL!
This is a high floor two-bedroom corner tower unit with excellent unobstructed views south and east.
Very bright and sunny it has a gracious layout with split bedroom and a lovely private balcony right off the living room with access from the second bedroom as well.
It has an open pass through kitchen with GE profile appliances and a Whirlpool washer/dryer.
There are two marble baths one of which is windowed.
The Forum is a full service condop with 25 floors and 148 apartments, only 4 per floor.
Building amenities include full time doorman, live-in superintendent. elevator, 24-hour fitness center, a garage with direct access from the elevator, sauna, steam room, and a rooftop deck.
The building is located between Second and First Avenue, only two blocks away from the new Second Avenue Subway
No board interview and no board approval makes for a quicker purchase. Additionally, the condop allows 90% financing, pets, pied-a-terre's, gifting, co-purchasing as well as investors, allowing the ability to sublet immediately.
The Forum was granted a 149 year land lease with the Greek Orthodox church as landlord. There are 116 years remaining on the lease and its payments represent only 12% of the building's operating budget. The building ground rent increases are very predictable with an average 2% increase per year annualized. The next increase will not occur until September 2027.
Electric service charge included in maintenance.