Louise Phillips Forbes

Location, location, location! Value, value, value! A well-appointed home where the sun rises and sets inside an elegant, classic seven room apartment in a full-service co-op building.

Offering three large bedrooms, a formal dining room, staff/office space and stunning city and skyline views, this home is perfect for sophisticated living and entertaining. The windowed, eat-in Kitchen includes high-end appliances and abundant storage. The light-filled Master Bedroom and Second Bedroom feature numerous closets, each with an en-suite windowed bath. The apartment comes with its own storage bin. Pets welcome and pied-a-terres allowed. Washer/Dryer in the unit.

The Victorian is a sophisticated white-glove cooperative where residents enjoy 24-hour doorman service, an on-site parking garage, laundry and storage. The impeccably well-run and financially strong building's generous board policies permit pieds--terre, overseas buyers, co-purchasing, pets under 60 lbs. and in-unit washer/dryers. There is a 3 percent flip tax payable by the buyer. This building's land lease expires in 2099. Utilities are all included.

The building is on leased land (see I below); the lease was renegotiated in 2010, and extended through 2099. For the 10 year period from 2021 through 2030, the annual lease increase will be based on the CPI, or approximately 1.5%, with a cap of 2%.