Total Est. Monthly Carrying Cost:
$4,525 ($9.05/ft2)
Note: the above is based on a down payment of 20% ($129,000),
which is the minimum amount permitted by the building.
Description
- Gut-renovated apartment in a quiet, well maintained building. No one lived in the apartment since we finished renovating it in early July 2019, so renovation is 100% new. - Beautiful view of Times Square - Flooded with natural light - Luxurious bathroom & kitchen with quality granite countertop, cabinets, tiles on the floors/walls, new oven/stove as well as dishwasher, microwave, stove ventilation, fridge etc. - Large common area with new polished wood floors
- 4.5% cap rate on a conservative basis. Previous lease details are available upon request. - Water, heater & AC are all included in the $372 maintenance fee with zero extra charge for unlimited use.
Only utility paid here is electricity. Very low cost of ownership.
Amenities: - Building has an exclusive rooftop deck that was completely renovated and re-opened on Sunday 7/21/2019 - 24-hour concierge, laundry room, fitness center, dry cleaner valet service, housekeeping services
Located near subway lines (1, N, Q, R, F, B, D, E), as well as easy access to bus transport. Located between Times Square and Central Park/Columbus Circle, and steps away from Rockefeller Center.
This is a great one bedroom+ apartment in a luxury building with pied a terre flexibility.
Executive Plaza is an attraction among business travelers coming to NYC with lease options between 30 days to 12+ month terms. This is a great fit for the owner who is not always in NY and would like the flexibility to rent for a short term lease when not using their property.
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