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Sponsor co-op pick of the week
A West Village one bedroom with a sleeping loft for $1,150,000, no board approval required
By Austin Havens-Bowen | March 13, 2020 - 9:00AM
Apartment #6A last sold back in 2012 for $895,000.
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, 211 West 10th St., #6A, in the West Village is currently listed at $1,150,000, which is just under the neighborhood's median for one bedrooms, currently $1,250,000, according to RealtyHop. The apartment last sold for $895,000 back in 2012.
The listing advertises the apartment as a convertible two bedroom, and while there is a sleeping loft equipped with a ladder and handrail in the living room, it does not meet the city's requirements to be a legal bedroom.
Apartment #6A is located in a six-story building with 24 units. Amenities include a bike room, storage lockers, recreational facility, laundry, and a private courtyard garden for residents. Monthly maintenance is set at $1,323, which is about 11 percent lower than similar apartments, according to Localize.city. Pets are welcome.
The combined dining and living rooms have an exposed brick wall, and 11-foot wood-beamed ceilings. And there's built-in bookshelves and three windows in the space.
The windowed kitchen has stainless steel appliances, recessed lighting, and updated cabinetry.
The bath features a Jacuzzi tub.
The bedroom has a window and a large closet. There's another large closet at the end of the entryway.
Nearby dining and shopping options including Westville, Empellon Taqueria, and A.P.C. Surplus. If you're a "Sex and the City" fan, Carrie Bradshaw's apartment is just around the corner. For transportation, the Christoper Street station is a three-minute walk away where you can catch the 1 train.
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