Property Description for 105 East 15th Street, 78
This is a special offering of a very rare commodity in the world of Manhattan Real Estate. This is an Architecturally Designed Renovated Prewar Flat Right on Union Sq Park in a turn of the Century Classic Prewar Bldg Designed by Famed Architect Gilbert A. Schellinger . The apt has the unusual Chameleon like ability to be anything you want it to be. It works perfectly as Pied-A-Terre or your Primary Residence, yet you also have the Rare ability to rent it out as an investment property (see sample stats below) . This Unit Features a Large Renovated Windowed Bath, Reno Kitchenette, Huge Organized Walk-in Closet, Hi Ceils, Hardwood Floors, Two Exposures incl South & West where you will get great Sunlight particularly @ Sunset . The first opportunity to view this offering in person will be this Sunday Dec 2 from 1-230pm via Open House. Please Note-This is a No Financing Contingency Offering. Rental Stats: Should rent for $2200 per month with a $608 maintenance leaving you with a net gain of $1592.00 per month which comes to $19,104 per year. Based on the price of $325K, this would earn you a dividend of close to 6% per year (.0587812) .