Total Est. Monthly Carrying Cost:
$6,893 ($7.66/ft2)
Note: the above is based on a down payment of 10% ($82,500),
which is the minimum amount permitted by the building.
Description
The look and feel of a downtown loft, in the heart of midtown... at half the price of its TriBeCa comps.
This spectacular loft is located in Turtle Bay Towers in thriving midtown Manhattan. The first thing you notice upon entering this home, soaring 12 foot vaulted ceiling height drawing your view to a wall of South facing arched glass casement windows with views of the Chrysler Building, Empire State Building and the East River.
An intelligent renovation comprised of; a chef’s kitchen finished with stainless steel appliances and granite countertops, a proper master bathroom, equipped with a custom over-sized glass shower and substantial storage space, new hardwood floors throughout, custom teak wardrobe closet and built in storage make this a home you can live and grow in, the bedroom area has a clearance of just over 6 feet high with an entire storage area/room and dressing closets built below it.
In turn key condition or a new owner could make easy modifications to customize their new home as the versatile floorplan welcomes imagination.
Conveniently located near Grand Central Station with easy access to upstate, the UN, lush parks and historic neighbors like Tudor City.
Turtle Bay Towers is tucked away on a quiet side street with a direct view over the East River towards the iconic Pepsi Cola sign in Long Island City.
Return On Investment:
Midtown East is an area for those looking an opportunity to create a substantial return on investment. There are several major factors positioning Midtown East as an exceptional buy; The rezoning of Midtown East development, phase 1 of the Second Avenue Subway line scheduled to open Q1 of 2017, the East 40s will be serviced by Phase 2, increased Ferry service along the East River and new condominiums in the area are selling between $2000-$3000 per square foot.
If you are looking to make a wise investment, now is the time to buy.
About The Building:
As a Condop Turtle Bay Towers has the flexibility of a condo; there is open sublet policy, pied-a-terres, guarantors, co-purchase s allowed, there is no formal board interview approval. Turtle Bay Towers is a full-service luxury building with a unique history that sets it apart from other buildings in the area.
Originally constructed in 1929 it is the former home to a design school and a printing plant. Now this former industrial loft building is the home to truly unique residences with proportions unlike any other in the area.
Amenities include: Roof deck, bike room, 24 hour doorman, live-in super, laundry room, parking, gorgeously appointed lobby and common areas.
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