Description

This spacious one bedroom, one bath condo unit in a boutique building is close to Hudson Yards and in the heart of Hell's Kitchen.It is a rare opportunity to purchase a large one bedroom home in an amenity filled building with 421A abatement, which expires 6/30/27 for under $1M.

Given the monthly carrying costs ($1,204) and the achievable rental income ($3,750), this 669 square feet apartment is an ideal investment with a 3.22% CAP.

Floor to ceiling windows and white oak hardwood floors greet you upon entering the living space. The custom chef's kitchen is outfitted with a Bertazzoni gas range, Silverstone quartz countertop, and Italian cabinetry. The highlights of the bathroom include a standing shower, deep soaking tub, Italian porcelain tiles, and a rain showerhead. The apartment features central heating and cooling, which can be remotely controlled through Nest.

The intriguing and innovative interiors of 540 West 49th Street paired with its glass and steel facade position it as a modern architectural beauty in a class of its own. The Building's amenities include 24-hour doorman, resident's lounge with fireplace, fitness center, two landscaped roof decks, 6,000 square foot courtyard with patio seating, and bike storage.

Photos are virtually staged.
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Building Features 7 Floors110 Units

elevator
full time doorman
bike room
courtyard
gym
lounge
laundry
pet friendly
pool
roofdeck
storage
View all 11 building features

Unit Features

washerdryer

$880,000 / $1,315 per ft²

Sold: Apr 03, 2020

-12.0% from ask / 135 Days to Sell

1 Bed / 1 Bath - / 669 ft²

Total Monthly expenses: $1,204

Maintenance: $825 / R.E. Taxes $379

Exclusively listed with: Douglas Elliman Real Estate

Karan
Chopra

karan.chopra@elliman.com

(917) 513-5877

Emily Lewis
Penn

emily.penn@elliman.com

(212) 891-7000

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

Date Status Amount Listed by Owner Name
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