Located steps from Park Avenue this 8,296 Sq. Ft., 5 story, elevator townhouse is truly a rare find. This meticulously maintained property is comprised of sixresidential apartments. The ground and parlor floors consist of a completely renovated and modernized duplex with a Master suite and Study. The unit benefitsfrom high ceiling heights, chef?s kitchen with top-of-the-line stainless steel appliances, and wide paneled dark stained hardwood floors. This unit will be delivered vacant.The third level offers a renovated two-bedroom apartment with a balcony and rent stabilized one bedroom apartment facing the back of the building. The two bedroom apartment will be delivered vacant. The fourth floor featuresa completely renovated apartment with two bedrooms & two bathrooms and a beautifully landscaped terrace and solarium. The fifth floor has a completely renovated one-bedroom apartment and a rent stabilized one bedroom apartment facing the back of the building. With the ability of immediate owner occupancy in the duplex unit, this property represents an ideal opportunity for live, work and investment. Conveniently located near the Empire State Building, Grand Central Terminal, and many fine restaurants/nightlife attractions this property will not stay on the market for very long.

The building is in excellent condition and has recently had a ton of work done to it in the past few years, the owner has put in over $1MM in improvements.Along with the excellent location and unique layout, this could be a slam dunk for any of you that have investor clients looking for something of this nature.On top of that, there is FULL OCCUPANCY and even a waiting list to get into the building!There are three sets of numbers that I will be including: the "actual" numbers and two different sets of "projected" numbers.Currently, the owner lives in a decked-out triplex in the building, and also uses an additional studio, so the "actual" numbers are a bit skewed for those of you with clients not looking to live in the building AND rent the rest.We are projecting that the additional studio could get a minimum of $1,800/month, and the Triplex could most likely fetch about $11K/month, so the projected NOI and ROI are based on those estimates.Below, you can find all of the details.CURRENT (ACTUAL) Operating Expenses (Actual): $67,750/yr Gross Income (Actual): $172,740/yr NOI (Actual): $104,990/yr ROI (Actual): 1.75% As I explained above, the owner lives in the sick triplex in the building (which has outdoor space with a hot-tub!), and also uses an additional studio as well.The result is higher operating expenses, which in turn means lower NOI and ROI There are 6 apartments currently being rented, and ALL ARE FREE MARKET!> Projected (If just renting the studio) Operating Expenses (Projected if just renting studio): $66,550/yr Gross Income (Projected if just renting studio): $194,340/yr NOI (Projected if just renting studio): $127,790 ROI (Projected if just renting studio): 2.13% In this instance, there would be 7 FREE MARKET APARTMENTS The studio was recently renovated, so all of the finishes are brand new!Projected (If renting BOTH studio AND Triplex) Operating Expenses (projected rent with studio and Triplex): $61,750/y Gross Income (projected rent for studio and Triplex): $326,340/yr NOI (projected rent for studio and Triplex): $264,590/yr ROI (projected rent for studio and Triplex): 4.41% there would be 8 FREE MARKET APARTMENTS, including the aforementioned tricked-out Triplex
-The triplex has recently been renovated, so all of the finishes are brand new and the ceilings are very very high!The outdoor space for the Triplex is also great there's a deck installed and as I mentioned above, it even has a hot tub!

The building is in excellent condition and has recently had a ton of work done to it in the past few years, the owner has put in over $1MM in improvements.Along with the excellent location and unique layout, this could be a slam dunk for any of you that have investor clients looking for something of this nature.On top of that, there is FULL OCCUPANCY and even a waiting list to get into the building!There are three sets of numbers that I will be including: the "actual" numbers and two different sets of "projected" numbers.Currently, the owner lives in a decked-out triplex in the building, and also uses an additional studio, so the "actual" numbers are a bit skewed for those of you with clients not looking to live in the building AND rent the rest.We are projecting that the additional studio could get a minimum of $1,800/month, and the Triplex could most likely fetch about $11K/month, so the projected NOI and ROI are based on those estimates.Below, you can find all of the details.CURRENT (ACTUAL) Operating Expenses (Actual): $67,750/yr Gross Income (Actual): $172,740/yr NOI (Actual): $104,990/yr ROI (Actual): 1.75% As I explained above, the owner lives in the sick triplex in the building (which has outdoor space with a hot-tub!), and also uses an additional studio as well.The result is higher operating expenses, which in turn means lower NOI and ROI There are 6 apartments currently being rented, and ALL ARE FREE MARKET!> Projected (If just renting the studio) Operating Expenses (Projected if just renting studio): $66,550/yr Gross Income (Projected if just renting studio): $194,340/yr NOI (Projected if just renting studio): $127,790 ROI (Projected if just renting studio): 2.13% In this instance, there would be 7 FREE MARKET APARTMENTS The studio was recently renovated, so all of the finishes are brand new!Projected (If renting BOTH studio AND Triplex) Operating Expenses (projected rent with studio and Triplex): $61,750/y Gross Income (projected rent for studio and Trip

If youre looking for a full-service luxury 2 bedroom/2 bath condo nestled in a fabulous midtown location - stop right here. 35B is the epitome of NYC apartment living, both inside and out. Take in the incredible views of both the Hudson and East Rivers through your floor-to-ceiling glass windows. Enjoy the sunset from your own western-facing private balcony in the sky. This extraordinary apartment has 10-foot ceilings and wonderful finishes: sumptuous solid oak hardwood floors, a chefs kitchen complete with Sub-Zero refrigerator, Bosch range/stove/dishwasher and a Dacor microwave, and luxurious spa bathrooms with marble counters atop walnut vanities and Waterworks fixtures. 35B also has a stackable washer/dryer, Smart wiring for high-speed internet, and a private storage bin.The white-glove 325 Fifth Avenue Condominium offers a 24-hour doorman, Abigail Michaels Concierge Service, and an on-site garage. You can let your gym membership expire, as the building has a 10,000 square foot state-of-the-art health club, complete with an indoor swimming pool, co-ed sauna, massage, yoga and aerobic rooms. There is also a childrens playroom, a beautifully landscaped outdoor terrace, a fully-equipped lounge with catering center and a fireplace, business center, and a game/screening room. Located right near the Empire State Building, major transportation, dining, entertainment and shopping -- one couldnt ask for more. \|

Top Rated Luxury Condo_Endless Skytop Views__World Class Health Club with Rooftop Swimming Pool!A unique opportunity to own amidst the skyline of Manhattans East side is now available in one of the top rated Condominiums in Murray Hill. With low monthly common charges and amenities galore this apartment is a must see! Located on the highest residential floor of this 44 story building with only two apartments on the East wing, this new home has an exclusive privacy rarely available. It has no virtually no shared walls with other apartments and has easy access to a world class, full-service health club with top of the line exercise equipment, resistance pool, free weights, salon and massage rooms. This exceptional club boasts a rooftop glass enclosed 4 season swimming pool, whirlpool, game room, library, conference room, common party room with full bar/kitchen, two sundecks and much more! With only one previous owner, this special offering has a beautiful and convenient layout with two bedrooms, two marble bathrooms both with a full sized tub, a spacious living room, dining area and separate kitchen. Enjoy unlimited views with wide open exposure to the North, East & West. The updated kitchen includes a Sub Zero refrigerator that has a lovely facade matching the abundance of cabinets, a Miele dishwasher and Viking stove/oven. The building is family friendly with a fantastic kids playroom, bicycle storage room, a small park directly across the street on the East River Esplanade and St. Vartan Park is just a block away with a baseball diamond, basketball courts and playground. The service oriented convenience and exclusivity this building has to offer includes a private drive through lane for loading and unloading between E. 37th and E. 38th Streets, parking garage, full service valet and a large friendly staff always available.The Horizon Condominium is just a ten minute walk to Grand Central Station. There is direct access to the FDR Drive, the Midtown Tunnel to the Ha