Description

PLEASE READ BEFORE INQUIRING --RENT STABILIZED--INVESTORS ONLY
PRIME INVESTMENT OPPORTUNITY--INVESTORS ONLY--The apartment is occupied by a rent stabilized tenant.
Rent-stabilization requires automatic renewals and any increases are governed by the Rent Stabilization Board of NY.
Shares: 1290
Current Rent: $2,039.42
Current Maintenance: $2,055.74
This rent-stabilized Loft 2-bedroom, 1-bathroom apartment offers an excellent investment opportunity for long term appreciation. The approximate FREE MARKET value of the apartment is $600,000. After the current tenants move out, you will have the option to sell as is or renovate and sell at a larger profit.
The apartment is south facing and features 12 ft ceilings with floor to ceiling windows. Currently in estate condition and approximately 1,100 sf including the loft, the apartment provides an excellent space in a thriving neighborhood.
Situated on the 6th floor of a full-time doorman/elevator building, this incredible apartment also grants access to the European-style lobby with a concierge and seating area. Additionally, residents can savor breathtaking panoramic city views from the huge roof deck. Convenient amenities include washer/dryer units on each floor, ensuring a comfortable lifestyle.
Located in the highly sought-after Gramercy Park-Kips Bay area, this beautiful home immerses you in the vibrant energy of one of NYC’s liveliest neighborhoods. Within a stone’s throw, you’ll find a plethora of local businesses, restaurants, bars, cafes, supermarkets, and shopping options. Commuting is a breeze with proximity to 6/R/W trains and a short walk to F/M/L/Q/N/4/5 and Union Square Station.
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Building Features 7 Floors179 Units

elevator
full time doorman
bike room
garage
laundry
parking
pet friendly
roofdeck
storage

Unit Features

garage
Exposures: South
Pet Policy: UnitCats OK

$250,000 / $227 per ft²

Listed on Nov 05, 2024

51 Days on Market

1 Bed / 1 Bath - / 1,100 ft²

Total Monthly Expenses: $2,055

Exclusively listed with: Elegran LLC Source: RLS

Michael
DiStasio

mdistasio@elegran.com

(207) 899-9195

Jr
Dugan

jdugan@elegran.com

(917) 589-9480

Quincy
Dawkins

qdawkins@elegran.com

(262) 488-0061

Listing Courtesy of Elegran LLC View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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