Investment Opportunity. Rent-Stabilized Tenant in Place A rare opportunity to acquire a top-floor condominium residence in one of Manhattan's most sought-after postwar communities. Perched on the 21st floor, this north facing alcove studio enjoys sweeping skyline views, exceptional natural light, and a thoughtfully designed layout featuring a spacious living area,… Read More separate dining alcove, and dedicated dressing area. The residence has been tastefully updated with a renovated kitchen featuring white shaker cabinetry, stainless steel appliances, stone countertops, and a marble backsplash, along with an updated bathroom, abundant closet space, and oversized windows framing expansive city views which include the UN and East River. Offered with a rent-stabilized tenant in place, this property presents an outstanding opportunity for investors seeking long-term value in a professionally managed Manhattan condominium. Exceptionally low monthly common charges and real estate taxes help minimize carrying costs, while the combination of a premier location, condominium ownership, and limited future supply creates compelling long-term appreciation potential. Please note: There is a capital assessment of $141 per month. Kips Bay Towers is a full service condominium with many amenities including 24-hour concierge and doorman, live-in resident manager, live-in super, full staff of handymen and porters, on-site management office, newly renovated lobby, state of the art fitness center, bike room, storage and trunk rooms, community room, laundry room, on site valet with dry cleaning and housekeeping services, attached underground 24-hour parking, beautifully renovated lobby, and of course the magnificent 3+ acre private garden for residents (the largest in Manhattan!). The one of a kind garden is like having your own backyard. It features a landscaped lawn, areas for picnicking, lounging, herb garden, sports, ping pong tables, playground, and full-size basketball court. Conveniently located steps to Fairway, Trader Joes, Target, restaurants and shops, 6 train just three blocks west, M15 across the street, East River ferry, and two Citibike stations just outside. An exceptional opportunity to acquire a well-located Manhattan condominium with attractive long-term upside. Read Less
Listing Courtesy of: Jason Lee, Compass, 212-913-9058.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Full Baths
1
Year Built
1961
MLS Number
RLS20108001
Additional Details
Building
Entry Level: 21, Features: BasketballCourt, BikeStorage, Elevators, FitnessCenter, Management, OnSiteManagement, Living Area Units: SquareFeet, Name: Kips Bay Towers, Rooms Total: 2, Structure Type: HighRise
Lot
Parcel Number: 0936-3257
Parking
Parking Features: Assigned, Garage
Property
Property Sub Type: Apartment, View YN: t, View: City
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by The Anwar Team at Compass. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
Confirm your time
Fill in your details and we will contact you to confirm a time.