Description

Location, Location, Location, Pent House Floor Prime Village Lower Fifth Avenue Sunny East, North facing dining alcove studio renovated about 10 years ago, great view. This apartment is a great investment, and investor friendly, you could rent it from day one, parents buying it for kids are OK, co purchasing is OK. The maintenance is super low per month. The apartment features, tons of closets, facing south with great light, very quiet, renting it from day one is allowed, This is like buying a con-do for the price of a co-op. The best value for money in this market. Financially the building is in great shape. Great E/N facing light. The building features: Beautiful landscaped Garden, 24 hour doorman, Central Laundry with washer and dryer, bike storage for free, additional storage for a small fee and a parking garage in the building. Very close to NYU and New School

Listing Courtesy of The Corcoran Group

AlgoCap Notes

Projected Rent: $2,900 / mo (*)

Maintenance: $990 /mo

Project CAP: 3.3%

Sublet Policy:  sublet allowed

 (*) Building’s Rental Comps:

Unit 1RN | Studio | Rented for $2,900 | Rented on 08/07/2018

Unit 6RN | Studio | Rented for $2,750 | Rented on 03/27/2018

Unit 5RN | Studio | Rented for $2,895 | Rented on 06/13/2017

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AlgoCap does not make any guarantees or warranties as to the accuracy of the information, projections or calculations provided herein.  All information and projections should be independently verified.