Description
INVESTOR-ORIENTED: this is a rare opportunity to acquire a south-facing 2-room condo studio in red-hot Midtown East, currently occupied by a rent-stabilized tenant, paying roughly $1411 per month in rent. Its main living space is generously proportioned at 13-by-19-feet. Compared to the June 2015 trade in this building at over $1,175/SF, the asking price of $805/SF represents a significant discount for the savvy investor who sees its immense potential. The Beekman East is a full-service condominium that provides a gracious lobby, impeccable doorman service, and on-site parking. It is ideally located near Whole Foods (57th Street), the United Nations, cafes and restaurants on Second Avenue, and the Third Avenue business corridor. Due to the respect for the tenant's privacy, showings will only be possible after an offer is submitted.
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