Total Est. Monthly Carrying Cost:
$12,429 ($17.03/ft2)
Note: the above is based on a down payment of 10% ($167,500),
which is the minimum amount permitted by the building.
Description
An exceptionally rare and exciting opportunity to own a turn-key investment property with a high-income producing rental in place. This immaculately maintained one-bedroom, one-bath home is perched on the twelfth floor of a flexible full-service, white glove condominium. Own as a primary residence, pied-a-terre, or investment property - all in the heart of Manhattan.
Tenants are currently in place until September 1, 2020 (Landlord has the right to terminate lease with 45 days notice to tenants).
Features of the home include herringbone oak floors, beamed ceilings, and oversized arched windows - unique to this floor. Enter this spacious 730+/- square foot residence via south facing light-filled and well-proportioned living and dining areas.
The fully equipped open kitchen features the highest-end appliances from GE, Carrera marble countertops and custom cabinetry with fluted glass offering a plethora of storage opportunities.
The home’s oversized master bedroom has a large, customized walk-in closet and an en-suite marble bath. Two additional foyer closets for additional storage complete this robust offering.
502 Park Avenue is a pet-friendly, full-service, white-glove condominium at the crossroads of Midtown and the Upper East Side. Amenities include 24-hour doormen, concierge, and staff, valet services with access to nearby off-site parking, and a state-of-the-art health and fitness center.
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