The perfect one bedroom plus home office does exist! This condo has
low monthlies and 421-A Tax Abatement until 2036.
This south facing unit has an open view from the living room,
kitchen, and bedroom. With no building across the street, you'll
get natural-light all day long. The kitchen features Wenge
cabinetry, stainless steel appliances and granite countertops. This
apartment has a new Miele Washer and Dryer. This residence is wired
for Verizon Fios, includes recently replaced central
heating/cooling unit, building super, and video intercom with cyber
The elevator building has a gym with a Peloton bike rower, and two
common outdoor spaces with grills. From the roof deck you can see
360 Views of Manhattan. Only five blocks from Central Park and one
block from Thomas Jefferson Park and the East River Walk, you'll be
able to enjoy all seasons indoors and outdoors.
Reach out to schedule a viewing of this rare opportunity to own an
apartment in a great building. Your vibrant East Harlem home
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
learn more about cap rate here .