Total Est. Monthly Carrying Cost:
$46,936 ($16.33/ft2)
Note: the above is based on a down payment of 10% ($625,000),
which is the minimum amount permitted by the building.
Description
For the savvy investor awaits a prime opportunity, to own a fabulous fully-renovated, high-floor 4 bed 3.5 bath condominium at the white-glove Empire in Lenox Hill, occupied by a tenant in place until July 14, 2022. Enjoy great rental income and an excellent investment property that will continue to increase in appeal and value with its gorgeous interiors, panoramic views, and coveted location in the heart of the Upper East Side.
The rare, expansive apartment, accessed by a semi-private landing, will impress the discerning resident with exquisite finishes & details, new, stained oak hardwood floors & a gracious floorplan for entertaining.
Beyond an elegant oval-shaped, wood-paneled entry gallery accented by custom plaster moldings & tray ceiling, a grand living room awaits graced by Venetian plaster walls, impeccable millwork, a Juliet balcony & breathtaking open northern views. An adjoining library/family room styled with designer carpeting & custom built-ins also has stretching vistas to the north. Off the living room to the east sits a beautiful formal dining room with thoughtful built-ins, brightened by huge corner bay windows capturing the East River.
Connected for easy serving is the top-of-the-line custom eat-in kitchen that faces the river as well, designed for the chef with hand-painted solid wood cabinets, honed soapstone countertops & breakfast bar, a 6-burner Viking range with griddle & double oven, Sub-Zero refrigerator, 2 Miele dishwashers & wine fridge.
Proceed to the sleeping wing that affords optimal serenity. This is highlighted by a privately situated master suite offering awing open south & west views from the bedroom that extend from the Empire State Building to Central Park & the Reservoir. Completing the luxury experience is a separate sitting room with desk, custom closets & Juliet balcony, large dressing room, and opulent marble & Waterworks bath clad in mother of pearl walls with a dual vanity, Jacuzzi tub, spa shower & water closet.
The sizable 2nd bedroom with corner bay window gazes at Central Park; the 3rd looks north with a Juliet balcony; and the 4th is en-suite. An integrated sound system heightens the allure.
The Empire at 188 East 78th between Third & Lexington Avenues is a premier full-service building with upscale amenities. Enhancing the sophisticated lifestyle is a 24-hour doorman, concierge, state-of-the-art fitness center, 2 outdoor gardens, parking garage, cinema room, business center, lounge with catering kitchen, children's playroom, roof deck, wine cellars, laundry, bike room & onsite storage.
The location is supreme, near Central Park, the Metropolitan Museum of Art, fine shops & restaurants, transportation & more.
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