This is the perfect condo for a 1031 exchange, a stone's throw from the United Nations (UN), and just across the East River to Long Island City.

One bedroom, one bathroom investor-friendly condo at The Lausanne.

The Lausanne Condominium is a full-service, 24-hour luxury doorman condo, with a beautiful roof-deck (with views of the East River), elevators, very nice gym/fitness room, large laundry room, storage and bike storage rooms, party room and garage. Electric is sub-metered, allowing lower than average costs to be passed on to the unit owner/resident. Pets are allowed. Investors are welcome and corporate ownership is allowed.

Feel free to contact us for an appointment to see this great condo.

Note: Monthly Common Charges is $558.09, and monthly real estate taxes are $685.50 ($8,226 annually). 90% financing is okay, and this condo is pet-friendly. Simple and fast application process.

Note 2: If this condo will be your primary residence, there is a NYC Co-op/Condo Abatement that would reduce your real estate tax bill. The abatement may only be applied for by owners who reside in their unit. Contact us for details.

Note 3: As of May 1, there is an eight month assessment to cover the cost of renovations to the corridors, and to reconfigure the building's Entertainment Center into a  Unit Owners' Lounge. May and June will be approximately $665 / month, and then July - December will be approximately $332.50 / month.