Investment Opportunity! One Bedroom Apartment in Midtown

Monica Sioni
Licensed Real Estate Salesperson | The Danny Abraham Team
Phone:
415 Madison Avenue New York, NY 10017
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CO-EXCLUSIVE

Location

150 W 51st St Apt: 1512
New York NY 10019
Cross street:Avenue of the Americas

Building

Type:Mid-rise
Era:Pre-war
Floors:20

Property

Ownership: Condo
Pets: Pets No

Financials

Price: $699,000
Common charges: $485
Real estate tax: $729

Description

Incredible investor unit or primary residence! 3% cap rate with tenant already in place. Building permits 30-day sublets making ownership here a lucrative and flexible investment.

Luxury Doorman building located right in the center of Midtown. This apartment is very bright as it sits on a high floor with an open view city view.
The kitchen is fully equipped and there is abundant closet space throughout.
Just steps away from the subway, Columbus Circle (whole foods) Rockefeller center, and many restaurants. Only a few minutes of walk from Central Park.

Executive Plaza features 24-hour doorman and concierge service, fitness center, rooftop deck, laundry room and dry cleaner valet service. Close to Theater District, Central Park, Museum of Modern Art, Rockefeller Center, Lincoln Center, Columbus Circle and scores of wonderful retail & dining options. Building permits 30-day sublets making ownership here a lucrative and flexible investment. Unfortunately, pets are not permitted. Near subway lines (1, N, Q, R, F, B, D, E), as well as easy access to bus transport.

Amenities

  • 24 Hour Security Guards
  • A/C units
  • Central Air Conditioning
  • City View
  • Concierge Service
  • Concierge
  • Doorman
  • Elevator
  • Fitness Facility
  • Garage
  • Laundry Room
  • Roof deck

Neighborhood

More listings: Midtown West

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.