Are you looking for a potentially cheaper way to buy a luxury condo in NYC? Have you ever thought about participating in an auction but didn’t know how the process worked? With the economy slowing down and more real estate becoming available in Manhattan, now is the time to land a great deal. Auctions provide an open and transparent experience in which competing buyers set their own price for a property. The property we’re discussing today is located at 1600 Broadway, a luxury, full-service condo building in the heart of Times Square near Rockefeller Center. Below is a description of the features and amenities along with any other information you could want. The website link above has pictures of the property and approximate floorplans as well. If you’re interested in either participating in May 14th’s auction or learning more about it, please contact me (nycondoblog@gmail.com) and I’ll put you in touch with the auction company. They are among the most reputable auction companies in New York, overseeing $100M+ each year in real estate transactions.

1600 Broadway was built in 2006 and units are still in new condition

The one-bedroom apartment offered in this auction comes fully furnished!

777 square feet with a 60 foot balcony with dramatic views

One bedroom & one bath

Unit Finishes:

High ceilings & floor-to-ceiling windows w/ spectacular views

Wood floors throughout

Elegant stainless steel cabinets and luxury appliances

Porcelain tile kitchen floors

Spa inspired porcelain Mosaic tile floors

Washer & Dryer

Central air conditioning

Valet parking

Amenity Overview:

Located on Broadway, between 48th and 49th streets

Beautiful spacious lobby

24-Hour concierge & doorman

4th Floor Club & outdoor terrace: Entire 4th Floor with world-class amenities including entertainments lounge w/ billiards, putting green, virtual golf, fitness center and fully-equipped conference center.

Outdoor terrace and rooftop observatory offer incredible views, lounge-chairs, etc.

Near all major transportation – trains, buses and cabs

Monthly Common Charges: $962

Monthly Real Estate Taxes: $446

Online & Telephonic Bidding Available. Please e-mail James for details.

Inspections/Viewings: Sunday, May 3rd and Saturday, May 9th Between 11:00 am and 1:00 pm Each Day & Thursday, May 14th Between 5:00 pm and 7:00 pm.

Auction Date & Time: Thursday, May 14th at 7:00 pm. Registration begins at 6:00 pm.

Auction Location: Sells On-Location at 1600 Broadway, Unit 5D, New York, NY 10019.

Terms & Conditions of Sale: Please contact James (nycondoblog@gmail.com) for details.

Buyer’s Premium: A six percent (6%) Buyer’s Premium will be added to the successful bidder’s high bid to determine the contract price to be paid by the purchaser.

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This entry was posted on Sunday, April 26th, 2009 at 8:34 pm and is filed under The Sundari - 158 Madison Avenue. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.