INVESTOR FRIENDLY BUILDING WITH 421G TAX ABATEMENT

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Description:

This amazing and large apartment is located in one of Downtown’s most beautiful Landmark buildings and currently available with a 421G Tax Abatement!

The luxury property has been priced very well at under $1,150 per square foot. At this price you can easily reach a sought after cap rate of over 3%.

With unfurnished rent between $2,800 - $2,900 and furnished rent of up to $3,300 - $3,400 this opportunity is equally wonderful for someone looking to reside in the very desirable Financial District or for an investor looking for rapidly appreciating and high yielding Real Estate.

This apartment is housed in the historic Downtown Club Condominium and gives you the flexibility to offer short or long term leases.

When entering the apartment you can immediately see how large and airy it is, features high ceilings, hard wood floors, marble bath, separate gourmet kitchen, stainless steel appliances, wood cabinetry, granite countertops, large closets and west facing gorgeous sunsets.

The Downtown Club is a full service condominium with amenities that include a full-time doorman, concierge, residents lounge with free WiFi, complimentary 12,000 sq ft health club, steam and spa treatment rooms, private theatre, onsite laundry facilities, a landscaped sun deck and NEW roof deck.

This apartment has it all; steps from the subway (red, yellow and green lines are within a 1-block radius), Wall Street, World Financial Center, NYSE, World Trade Center, Battery Park, Whole Foods, world-class restaurants and everything else your heart desires.

Don’t miss this opportunity to invest in the area while it’s still affordable! The building is investor-friendly, welcomes pets, and offers below-market real estate taxes due to a 421G tax abatement.

To view this apt please contact: Leonardo Zavala Sandy Rubi

Reasons why you should buy this apartment: