FOR RENT $2,199/MONTH 2 YEAR LEASE OR $2,399/MONTH 1 YEAR LEASE , or FOR SALE or EXCHANGE OF STOCK TO THE R.E.I.T.: $600,000 ALL CASH ASKING PRICE BEST CHELSEA MANHATTAN LOCATION
264 WEST 22ND STREET, RESIDENCE #1A New York City, New York 10011 (Between Fashionable Seventh Avenue and Trendy Eighth Avenue)
DESCRIPTION: Bright & cheery, completely renovated, Studio/1 Bedroom home on parlor floor of a lovely tree lined block in a historically and architecturally significant brownstone cooperative apartment building. It faces the street with northern exposure and has a very large 6 foot by 3 foot picture window thermopane insulated windows. The apartment has very high ceilings approx. 10 to 11 feet high. The architect that designed the space took advantage of these high ceilings by building Two built in sleeping lofts above the living room and also in the rear of the apartment above the bedroom area which accommodate 2 residents or 2 couples to maximize use, occupancy and rental income. Built in ladders take you to the sleeping loft which can each accommodate a queen sized futon. The home is air conditioned and contains new hardwood floors, exposed brick walls, decorative fireplace, closet space, kitchen, granite stone bathroom, triple pane thermopane double hung insulated-windows makes for most pleasant living..
Convenient to all mass transit: On either corner of 23rd Street is the A,C,E,1 & 9 subway lines, as well as cross-town busses.
INCOME: TOTAL ANNUAL LEASED RENTAL INCOME:$2,199/mo. $ 26,388
ESTIMATED EXPENSES: Maintenance to building’s cooperative corporation:$700/mo. ( $ 8,400) NET INCOME: $ 17,988
REMARKS: BEST Heart of CHELSEA MANHATTAN LOCATION!!! Condition: MINT Convenient to mass transportation Cooperative home Inspections by APPOINTMENT ONLY!.
