151 E 20TH Street #4B

This is a rare opportunity to purchase a charming pre war studio condominium within the exclusive Gramercy Park enclave for only $545,900. This sunny apartment checks all the boxes. Fabulous location, south facing onto the magical tree lined street, high ceilings, recessed lights, windowed bathroom, 2 closets and perfect for investment, pied-a-terre or starter home. At just north of 301 sf it has sweet potential to be even sweeter with some minor changes and upgrades. 151 East 20th Street, is an intimate 5 story, pre-war, non doorman, elevator condominium building (one of the few in the area!) that contains 24 residential units (one is owned by and generating income for the condominium association adding to building reserves) and the super lives in the next building. It is sensationally located between Irving Place and Third Avenue, in the most vibrant and exciting area of Manhattan; historic, beautiful, serene and stunning Gramercy Park. This is a quiet street surrounded by swanky hotels, affluence, quaint walk ups, new construction, posh restaurants, stores, food shopping, businesses, colleges, parks, and access to all the public transportation one could want. Pets, parents, gifting, LLC, investors, co-purchase are all ok. The unit is occupied until July 2019 and can be rented out from day one after closiing. Current rents in the building have obtained up to $2600/month for similar units. Super low monthlies: $422 common charge and $358.17 RE tax. This a smart and savvy find all around.