Description

IN CONTRACT. Attention : If you are a 1031 buyer needing to close within a time frame, please share how much you'd pay for your replacement unit and I'll go to my owners to entertain the idea of selling , as I am currently managing 35 units in this building, one of owners has expressed interest to sell one of the units, but will only allow showing for serious buyers, in an effort not to disturb the current good tenant in place . Hence the exact unit number is not disclosed publicly. Please kindly let me know what your closing time frame, budget, so I can identify a suitable unit for sale. If needed, Complimentary full service property management service offered to the new buyer of the the apartment. Amazingly Investor friendly! The coop has NO mortgage on the building, VERY financially strong, long term building staffs. there's no any other Manhattan coop that has NO mortgage. •Unlimited sublet from DAY 1. There is no residency requirement. • Extremely low maintenance under $550/ Month, with a low capital assessment of under $80 /M that has started 3/1/24, and will end 2/29/ 2027. Maintenance fee includes property tax, water, hot water, and heat. Owner pays for electric. •this is the well-maintained perfect starter apartment, pied-a-terre, or investment unit, 1031 exchange,, Trust, Foreign Citizens ( case by case basis) allowed. Up to 80% financing, co-purchasing, pied-a-terre, guarantor. •Investor friendly, low monthlies, investor owner only pays low sublet surcharge fee is only 10% of common charge •you can rent it out immediately from Day 1 and for as long as you want, unlimited sublet policy. •No board interview for sale, no board approval for rental, only need the management approval that's fast and easy. BUILDING AMENITIES: Elevator 24 hours doorman Long term and fantastic building staffs Laundry in the basement Full time, Live in super In the building Handyman Services available EXCELLENT financials Building has NO underlying mortgage access to gym at 5 Tudor City ( extra fee applies) NO flip tax. Convenient access to the East River front, Grand Central Station, frequently run M15 select bus is right around the corner at 42/2nd. Grocery stores, restaurants and midtown shopping nearby. The nearby gyms are: Blink, 5 Tudor City gym, Equinox, NY Sports Club all within short talking distance.