SPONSOR MUST SELL! GREAT OPPORTUNITY! Truly an amazing opportunity to create your own home in this Sponsor Unit which requires No Board Approval. 419 is a true loft studio featuring 10 foot ceilings, floor to ceiling windows, generous closet space and a Juliet Balcony. The layout and ceiling height provide the perfect space to construct a sleeping loft and the open kitchen layout allows for an easy renovation. Bring your contractor and make this an amazing home at a price you can afford. The apartment needs a total renovation, the photos are virtually staged .Penny Lane was the original home of the J.M. Horton Ice Cream Factory in the 1920's. Located minutes from Gramercy Park and the Flatiron district, this apartment is 2 blocks from the 6 train and minutes from many chic restaurants and shops. The charming English Tudor lobby resembles a London street. Each floor has Two Laundry Rooms; there is an Expansive Planted Roof Deck with Amazing Views of the Chrysler, Met Life and Empire State Buildings. 24 Hour Doorman, Live-In Super, On-Site Garage, Storage, Bike Storage, Video Security, Package Room and very attentive staff all contribute to making this a great apartment in New York. Buyer to pay Sponsor's Transfer Taxes of 1.4%. Sorry, no dogs. Subletting allowed after two years for up to 6 years with annual Board Approval.