116 West 72 Street   Unit 6A

This lovely, well-proportioned one bedroom is perfect for a savvy investor. Get a great space at a great price - a pre-war one bedroom in an elevator building on a prime UWS block, close to the Express Trains (2/3) and the 8th Ave (B/C) line, Lincoln Center, Central Park, Museums, Restaurants, Shopping, Fairway and so much more. Large windows bring in great natural light, hardwood floors and high ceilings complete the picture here.With a long-term tenant in place, the savvy investor will need to work with the current tenant or have patience until the apartment is vacated. Tenant is part of SCRIE (Senior Citizens Rental Increase Exemption) program currently paying $648.29/month. As part of SCRIE, landlord is eligible for tax credits which are applied to co-op maintenance, making the effective current maintenance only $333.19/month. For an all-cash purchase, there is a net income of approximately $315/month. The tenant has been in place since 1968.Call for more information.