Description

The apartment is currently rented with an excellent tenant. The tenant renewed her lease for a third year, with a termination date of January 17, 2018. The tenant is paying $2,850 per month, and $100 per month for electric and gas. This investment property has a cap rate of 3.1%.

The landmarked Downtown Club condominium is the former home of The Downtown Athletic Club and the Heisman Trophy Award. The Downtown Club offers five-star amenities similar to a hotel.

This loft-like studio with 14 foot ceilings is located on the 21st floor with views of the Statue of Liberty, city and water. The west views can be seen from the two oversized windows.

This apartment features a separate kitchen with black marble countertop, complementing the dark wooded kitchen cabinets. The kitchen is topped off with high-end stainless steel appliances. This is one of the few apartments in the DTC that has a separate enclosed kitchen that is separated from the living quarters, and perfectly situated within the apartment.

The Downtown Club has 421-G Tax Abatement which expires in December, 2020. This is an amazing benefit for the new owner.

The Downtown Club has amazing amenities including: A stunning high-end fitness center, spa, yoga studio, and steam room/sauna. There is also a media room, lounge, and two newly built workstations. In addition, there is a low key terrace off the gym located on the 6th floor which is perfect for relaxation, and there is the astonishing roof deck that provides you a 360 degree view of the Financial District.

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, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer
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Building Features 45 Floors283 Units

elevator
full time doorman
bike room
courtyard
garage
gym
lounge
laundry
parking
pet friendly
pool
roofdeck
storage
View all 13 building features

$650,000 / $1,504 per ft²

Sold: Nov 20, 2017

-6.88% from ask / 433 Days to Sell

Studio / 1 Bath - / 432 ft²

Total Monthly expenses: $1,064

Maintenance: $650 / R.E. Taxes $414

Exclusively listed with: New York Residence, Inc

Richard Pino

rpino@nyr.com

212-360-7000

Listing Courtesy of New York Residence, Inc View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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