This Sweet and Sunny East Village Co-op With a Terrace Asks $635K

The East Village–particularly the far-eastern, garden-filled Alphabet City part of it–may be the poster child for change in New York City. For better or worse, there are things we miss, and things we adore. But the neighborhood retains its small-village vibe while being in one of the city’s most exciting locations. This second-floor one-bedroom walk-up at 317 East 3rd Street, tucked into a little-of-everything street between Avenues C and D looks the part of the perfect East Village nest, with its exposed brick, small but fun and functional outdoor space, multi-tasking modern kitchen and bright, sunny bedroom. For $635,000 it doesn’t break the bank, and you’ll really save on the monthly co-op fees if you meet the HDFC guidelines.

This tastefully renovated pre-war home offers two exposures, pretty oak-plank hardwood floors, central A/C and built-in stereo surround sound; but the best perk may be the tall iron French doors that open from the living room to a diminutive deck. Also off the living room is a small dining area/home office space.

The apartment’s windowed, renovated kitchen may not be large but it offers all the necessaries (dishwasher, plenty of cabinets) with sleek stainless steel fronts and modern fixtures.

The “penthouse-like spectacular outdoor space” accessible through those two large and lovely French doors in the living room looks like the perfect spot for warm-weather evenings–before or after a visit to the many, many amazing restaurants, cafes, bars and lounges steps away in the Village and the Lower East Side.

You’ll find more exposed brick and more windows in the good-sized sun-filled bedroom, though there isn’t a closet (a definite minus); A custom closet in the living room steps up to fill the need, and you can always build-in or bring in a wardrobe or two.

The windowed, renovated bath offers radiant heated floors. The building has a central laundry room but there’s a washer-dryer hookup ready to go within the apartment.

The classic pre-war East Village building offers storage space, bike storage, an on-site super and a very low monthly maintenance fee of $370. Here’s the deal on the HDFC status: The building has an income cap restriction of $105.105 per household. Also there is an eight percent (of profit) flip tax when selling the unit.

[Listing: 317 East 3rd Street, #9 by Kari Kaplan for Douglas Elliman]

[via CityRealty]

RELATED:

• VIDEO: Go Inside Rachael Ray’s Colorful and Unbelievably Cute East Village Home
• $900,000 East Village Co-op Comes with the Perfect Terrace for a BBQ
• Model Amy Hixson Asks $899,000 for Custom-Designed, Bespoke East Village Pad
• Bright and Charming One-Bedroom in Alphabet City Is Surprisingly Affordable at $485k

Images courtesy of Douglas Elliman.