Commuter Heaven: 2BR/1BA Cooperative For Sale at Hartsdale Towers – 11 Columbia Ave. #C-1 – $230,000

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** This  cooperative has been sold** Feel free to contact me for other listings in Hartsdale!

For those looking for an easy commute and extra elbow room at a great price, this coop should be on top of your list of “must-sees.”

Hartsdale Towers is a beautiful pre-war complex located on the corner of the highly desirable East Hartsdale Ave. and Columbia Ave. This complex features a unique stucco and brick facade with wonderful old-growth trees and landscaping that create a residential feel in spite of its location on E. Hartsdale Ave. The lobby is Art Nouveau with stunning moldings and details.

The unit itself is a large 2 BR unit with 1080 s.f. It has high cove ceilings and newly refinished hard-wood floors. The kitchen and bath are updated and the kitchen contains new stainless steel appliances. Bright and airy with excellent view of E. Hartsdale Ave. the unit offers tremendous value for the price.
Living Room 11 Columbia Ave C-1 Hartsdale NY 10530Master BR - 11 Columbia Ave C-1 Hartsdale NY 10530

The amenities include a common laundry and extra storage for $30.10/month – although there is a short wait for a storage unit.

The neighborhood surrounding the complex offers the best of all worlds for those who call it home. The neighborhood is highly walkable. You can leave the car behind when it comes to errands in the village or dining. The train is about 0.5 miles from your door. The neighborhood behind the complex the highly desirable residential neighborhood known as Manor Woods which is a lovely area for those who enjoy walking in a residential setting.

Vital Statistics:
Price $230,000
Down Payment 20%
Monthly Maintenance $715/mo.

Assuming a $184,000 30-year fixed mortgage at a rate of 5.5%, the GROSS outlay to own this coop is $1760.00 (rounded to the nearest dollar.)

Assuming a 25% marginal rate and allowing for mortgage interest deductions and tax deductions the net outlay is conservatively slighly over $1400/month. This blows away most 1 BR and all 2 BR rentals in the area. It also makes this 2 BR unit competitive with many 1 BR coops in terms of affordability.

©2009 Ruthmarie Hicks – All rights reserved.

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Please feel free to contact me anytime to request additional information or to set up an appointment so we can explore your listing or purchasing needs. I am easy to reach by phone, text or email. Or, if you just want to continue your search online, the links below will help you get started.

Phone/Text: 914-374-5529


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