MURRAY HILL CRESCEN, 225 East 36th Street, #3B

Own for less than renting! At 20% down with 7% interest rate, monthly payment would be $ 2,675 inclusive of maintenance, mortgage, and property taxes! Facing north, this straight studio features an updated kitchen with stainless steel appliances, and Caesarstone countertops. The renovated bathroom features floor to ceiling ceramic tile, along with an accent waterfall mosaic tile insert in the shower area. 2 oversized closets provide plenty of storage space. Maintenance includes heat, hot water, gas and air conditioning (a rarity!) Board permits pied a terres, parents buying with working children, gifting, and subletting after 3 years. Pets allowed! Note board does allow ARMs, but at 75% financing and additional qualifications are required, ask listing agent. 80% financing allowed for fixed rate loans.

The Murray Hill Crescent is a well run building with 24 hour doorman, a roof deck with brand new furniture and stunning views of the Empire State and Chrysler buildings, newly renovated hallways and lobby (no assessment needed!), laundry room, live-in super, storage units, and a garage. Great location near Fairway (30th and 2nd Ave), Trader Joes (31st and 3rd Ave), and Target (29th and 2nd Ave). Close to 6 train at 33rd or Grand Central for the 4,5,6, 7 crosstown, or Metro North.