• MLS# OLRS-1726894ID
  • Condo
  • Beds: 2
  • Baths: 2.5
  • RE Taxes: $2,786
  • Maint/CC: $2,169/month
  • Built: 1987
  • MLS# OLRS-1726894ID
  • Condo
  • Beds: 2
  • Baths: 2.5
  • RE Taxes: $2,786
  • Maint/CC: $2,169/month
  • Built: 1987

The ultimate 1031 exchange on Manhattan's most prestigious street. This cash flowing fully renovated (as of of March 2019) Trust sale with tenant in place on Billionaire's Row will provide you with $100,000 in Net income (after common charges and taxes) and offers the potential for substantial appreciation as the real estate cycle recovers. Tenant Lease Start Date is April 1st 2019 and is for 1 year, tenant has the option to renew for a 2nd year. Buyer has the option under the lease to remove the tenant after one year if buyer wants to take possession of the unit for his own purposes. There is a penalty in the Lease of 1.5 months of free rent to the Tenant in the last months of the lease if buyer exercises this option. There has never been a better time than right now to buy such a unique property at such a prime Manhattan location with such unbelievable views literally lower than 2009 prices. Steinway Tower and One57 across the street are trading at 2.5X the Price Per Square Foot at the equivalent floor heights. Take advantage of this trust liquidation sale and bring your best offers. Only accredited buyers will be considered and proof of funds or bank mortgage approval for purchases or cash boots will be allowed access to the unit so as not to disturb the tenant. Tenant is paying $14,000 a month in rent and using the property as a pied-a-terre and lives abroad. Perched on the penultimate floor of the Metropolitan Tower this immaculate home, investment property or pied-a-terre will simply take your breath away and possibly leave you with a touch of vertigo! Wake up to panoramic four season displays of Central Park and the New York City skyline from floor to ceiling windows from every room of this exquisite property. This 2 bedroom, 2.5 bathroom, 1463 SQF (136 SQM) turn-key residence is located on Billionaire's Row in the iconic SLCE Architects designed Metropolitan Tower known for its distinct triangular shape and offers some of the most unique views and spacious layouts in Manhattan. As you enter the foyer you are greeted wide-plank Brazilian Jatoba flooring that flows endlessly into the Great Room. The top-of-the line designer kitchen is clad with premium stainless steel finishes, Moroccan wenge cabinetry, Yukon countertops, Liebherr fridge, Viking range and microwave and a Bosch noiseless dishwasher. But why cook when world class dining is at your fingertips from your very own private residents only club restaurant. The Master Bedroom features a gigantic walk-in closet and feels like an apartment unto itself. The ensuite bathroom is crowned with carrara marbles, top of the line vanities, jacuzzi tub and walk in shower. The second bedroom features a walk-in closet and its own ensuite bathroom. There is also a powder room for your guests as well as a also a laundry room with Bosch Washer & Dryer. Closet space is something you most definitely will not have to worry about in this property. To live at the Metropolitan Tower means that on a daily basis you will be pampered by a premier concierge service and your choice of a-la-carte maid and dining services. The Club Restaurant offers a dining experience akin to a New York Steakhouse and they are known for their exceptional NY Strips. Furthermore enjoy daily year round complimentary breakfast, seasonal wine and food tastings and a wine cellar to store your collection as well as an outdoor terrace to enjoy your lunch or dinner weather permitting. To live here is to experience a lifestyle that comes with all the luxuries of hotel living without the hustle and bustle of busy hotel condos. Highlights include: Maid Service, Room Service, Residents Only Club Restaurant, Outdoor Terrace (serving lunch and dinner outside weather permitting), Daily Complimentary Breakfast & Seasonal Wine Tastings, Wine Cellar, Private Party Room, Gym, Pool, Sauna, Jacuzzi, Valet Parking and White Glove Concierge Services. Located at the epicenter of the finest that Manhattan has to offer, adjacent to Carnegie Hall, Central Park, Time Warner Center, Lincoln Center, Michelin Star Restaurants and Fifth Avenue Luxury Shopping at your doorstep, make this apartment the ultimate residence or pied-a-terre. No board interview, pied-a-terres allowed, foreign and corporate buyers welcomed in this truly global building

Courtesy of Compass

  • Doorman
  • Elevator
  • Pool
  • Bike storage
  • Building name : Metropolitan Tower
  • Building type : High-rise
  • City view : Full
  • Concierge : FullTime
  • Elevators total : 3
  • Exposures : North East
  • Flip tax description : ASK EXCL BROKER
  • Garage
  • Health club
  • Laundry
  • Lobby attendance type : FullTime
  • Lobby attendant : FullTime
  • Maximum financing percent : 90.00
  • Ownership type : Condo
  • Pied a terre allowed
  • Possible beds total : 2
  • River view : Yes
  • Roof deck
  • Security type : Doorman
  • Storage
  • Stories total : 76
  • Tax block : 1009
  • Tax deduction description : ASK EXCL BROKER
  • Tax lot building : 7501
  • Tax lot unit : 7501
  • Water and sewer amount : 1
  • Year built : 1987


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