Co-op, 245 E 54th Street #17ST, Turtle Bay-East Midtown - Real Estate New York

Description

Oversized 1BR + 2 Bath + Home Offices | Convertible 2BR Opportunity Asking: $999,000 Approx. 1,200 sq ft | North & West Exposures This is a rare opportunity to purchase a spacious, quiet, corner combination unit in the heart of Midtown East—priced below $1M and offering tremendous upside potential. With over 1,200 square feet of living space, two full bathrooms, dual home office areas, and multiple storage spaces, including a massive walk-in closet, this home lives like a 2-bedroom and can be converted to one in the future with ease. The expansive layout features a gracious open-concept living and dining area with north-facing light, custom built-ins, and honey oak engineered wood flooring. The windowed kitchen—a rarity in Manhattan co-ops—faces west and includes Bosch and GE appliances, a water-and-ice dispensing refrigerator, and generous cabinetry. The west-facing bedroom suite is generously sized and located behind elegant frosted-glass French doors and includes a seating/office area, an en-suite bath, and a walk-in closet that rivals the storage of a suburban home. Both bathrooms have been fully renovated with porcelain finishes and stylish fixtures. Freshly painted in 2023 and shown fully staged, the apartment feels bright, open, modern and immediately livable—yet offers incredible flexibility for a future reconfiguration. A proposed 2BR layout is available for review. Estimated renovation cost: ~$75,000. Why This is a Smart Buy: - Comparable 2BR/2BA units in the building currently sell at $1,195,000 - This home offers the same footprint, with the chance to customize on your timeline - Priced to sell—and priced to grow in value after a 2BR conversion The Brevard – Full-Service Co-op with Strong Financials: - 24-hour doorman and concierge - Renovated rooftop deck with skyline views - Resident laundry on 2nd floor - On-site parking garage with discounted resident rates - Pet friendly (2 pets max under 15 lbs each) - Pied-à-terre and sublets permitted (with fee) - Excellent transportation access: E, M, 4, 5, and 6 subway lines within a 2-block radius Don’t miss the chance to own a high-floor, corner unit in a prime location with room to grow, priced well below market comps. Due to the uniqueness of this opportunity, prices are non-negotiable and final. Whether you're upsizing, downshifting, or investing, this apartment delivers unmatched space and flexibility for under $1M. *All dimensions and square footage in floorplans are approximate. Listing courtesy of Compass ...
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