502 Ninth Avenue   Unit 9B

Interesting investment opportunity. Newly built condo on the brink of the Hudson Yards area. This sleek two-bedroom, two-bathroom apartment has double exposures, south and west, from a relatively high floor. The kitchen, with granite counters and stainless appliances, is an open plan consistent with the modern style and layout of this apartment. There is ample closet space and a large 91 square foot balcony. In all the apartment is almost 900 square feet. The tenants' lease expires in July and they have the right to renew for one year. Please contact us for further details. The return on a cash investment is approximately 2.5%. The upside comes with the potential for areas surrounding the building to improve, particularly the blocks in between the Hudson Yards and West 38th and Ninth Avenue. There is a new rental building across the street and more development coming. The quality of the retail continues to improve and the prices per square foot in the area have proved to be increasing. Please call for a private showing. Thank you.