Total Est. Monthly Carrying Cost:
$7,829 ($14.50/ft2)
Note: the above is based on a down payment of 20% ($230,000),
which is the minimum amount permitted by the building.
Description
Investors, short-term rental businesses, pied-à-terres, and primary residents all stand to benefit greatly from this unique opportunity!
An exceptional offering awaits you at 70 West 45th Street – a luxury condominium that embodies modern Manhattan living. Perched high on the 35th floor, this unit exhibits both the lavishness and convenience NYC has to offer, showcasing modern finishes, chic appliances, and a contemporary design in a building that exudes warmth and community. Naturally lit through its distinctively designed windows, residents can savor the vibrancy of New York City right at their doorstep.
Cassa Hotel and Residences harmoniously blends luxury living with elite Midtown amenities, as the structure encapsulates both private sanctuaries and dynamic public spaces.
Benefits for Investors, Short-Term Rental Businesses, & Pied-À-Terres: Apartment #35A showcases an impressive cape rate of 7% – 9% on average at a current price of $1,150,000. With ultimate flexibility for short-term rentals (30-day minimum) and its coveted location, the units have thus far consistently display 100% occupancy. For those considering pied-à-terres, this unit offers the potential for substantial passive income throughout your time away.
Prime Location: 70 West 45th Street positions you amidst Manhattan’s landmarks.
Moments away from 5th Avenue, Bryant Park, Rockefeller Center, Grand Central, premier boutiques, Michelin-starred dining venues, and everything the Theater District has to offer. Residents are seamlessly connected through extensive transportation options, including the B/D/F/M, 7, N/Q/R/W, S, 1/2/3, and A/C/E trains.
Premium Amenities: -24/7 fitness center -Dedicated concierge services -Enhanced security -Keyed elevator -Lounge -Roof terrace with city views
Further elevate your living experience at 70 W 45th Street with exclusive amenities-packages available. Residents have the option to indulge in a range of premium services tailored to your preferences.
This includes housekeeping, butler service, chauffeur assistance, a personal chef, childcare, pet care, a dedicated shopper, a personal fitness trainer, and other customizable services to complement your lifestyle.
Images are reflective of staged unit. Inquire for additional insights about the benefits of investing or living at Cassa Hotel & Residences.
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