The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

320 West 47th Street, Unit 4W

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Bring your contractor and your imagination!
This railroad style home is presently configured as one bedroom with additional partitions in place for a dining area, den, or home office. The unit requires a complete renovation, but offers a tremendous amount of potential including the opportunity to add a Washer / Dryer (with board approval)

Located on the 4th floor of a very well-maintained walk-up with only two units per floor.
The apartment offers both northern and southern exposures, providing natural light throughout the day.

This is an income restrictive HDFC
Income per family size:
1 Person Household – $72,600
2 Person Household – $82,920
3 Person Household – $93,240
4 Person Household – $103,560

Subletting is permitted case by case with board approval.
Pet are permitted with board approval.
Not for an investor or someone looking to fix and flip.
Flip tax is 50% of the profit.

* Video available upon request



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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