Description

CALLING ALL INVESTORS!!! TENANT IN PLACE, 4% RETURN & TAX ABATEMENT TILL 2036! Located on the 28th floor this stunning residence features northern views including the East River and NYC skyline from its picturesque double windows that brighten up the space throughout the day.The gourmet kitchen is fully equipped with top of the line appliances including Miele and Bosch, a custom backsplash, a large pantry closet and excellent storage. The spa-like bathroom features a Toto toilet, rain shower head, an extra large soaking tub and a Bosch washer/dryer! The abundant closet space helps keep everything tucked away letting you enjoy true luxury living!GREAT FOR INVESTORS: With over 16 years of tax abatement remaining, extremely low carrying cost and high rent, (currently $2900 per month) the Return On Investment is one of the highest you can find in a NYC condo.The building amenities have become famous all over NYC and include: Pools with retractable glass doors, sauna and steam room, spa treatment rooms, full size indoor basketball court, golf simulator, movie screening room, game room, 24 hour doorman and staff, parking garage and of course state of the art fitness center. The Edge is the preeminent luxury condominium in Williamsburg and the largest building in NYC to obtain LEED Gold certification.Situated on the waterfront with the East River State Park next door, the location offers breathtaking skyline views and sunsets. The NYC Ferry stops literally in front of the building so that commuting to Wall Street or 34th street becomes a daily 5-minute boat trip! Alternatively, the L train is only a short walk at Bedford Ave.The neighborhood, Williamsburg, doesn't need an introduction: it is THE place to be in New York City with the hottest restaurants, rooftop bars, cafes, art and shopping that made it one of the most desirable neighborhoods in NYC and gave it its global recognition!
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Building Features 15 Floors360 Units

elevator
full time doorman
bike room
courtyard
garage
gym
lounge
laundry
pet friendly
playroom
pool
storage
View all 12 building features

Unit Features

washerdryer
Exposures: North
Pet Policy: Pets allowed
River View: Partial

$710,000 / $1,448 per ft²

Sold: Jan 22, 2021

-13.94% from ask / 134 Days to Sell

Studio / 1 Bath - / 490 ft²

Total Monthly expenses: $473

Maintenance: $470 / R.E. Taxes $3

Exclusively listed with: Douglas Elliman Real Estate

Rinat
Gabai

rgabai@elliman.com

(917) 750-0676

Rafael
Malka

rmalka@elliman.com

(917) 216-7022

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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