This apartment is located on the 10th floor of a 16 floor building.
The building is also a condop, which is a hybrid of a co-op and condominium. If you are unfamiliar with the nature of a condop here is a quick summarization. A condop is a co-op with rules and bylaws similar to a condominium.
What that means to you is that your closing costs will be significantly lower than if you were buying a condominium.
Just like a Condo, a Condop structure allows you to sublet your property without restrictive policies; unlike most co-ops that have more restrictive sublet policies.
The board approval process is very similar to that of a condominium which is a big advantage to purchasing a condop. The co-op process is very difficult with a complete financial and personal background check.
If you have anymore questions regarding this property or purchasing in Manhattan altogether, I would be happy to answer any more questions you might have.