400 East 54th Street, 11-H

Create the luxurious home or profitable investment property of your dreams in this rarely available studio layout in one of Sutton Place's best condominiums.Plan your gut-renovated, high-floor showplace without the hassle of demolition in this already demo-ed unit offered directly from the sponsor. This studio has already had the dated "popcorn" ceilings and parquet floors removed, and new windows have been installed. Spanning a spacious 560 square feet with eastern and southern exposures high on the 11th floor, this layout is light and bright and ready for its next act.Offered at a price per square foot that is hundreds of dollars less than recent sales in the building.For buyers seeking the ultimate combination of value, location, luxury and opportunity in a full service condominium, your search ends here. Offering the flexibility of condominium rules, low monthly common charges and taxes, the low price in comparison to renovated units that have recently sold, and the proven ability within the area to earn rental income, this home appeals to all short-term and long term investors. This is also a tremendous opportunity for an end-user given the resurgence of the Sutton Place neighborhood, the rezoning of the Park Avenue corridor which will attract some of NYC's most elite financial and law firms and access to the coveted PS 59 education system. The broad appeal of this apartment is very unique and the short term and/or long term value proposition is undeniable and proven by the current market.The Revere is a stunning postwar condominium where residents enjoy 24-hour doorman and concierge service, live-in superintendent, a landscaped garden plaza, laundry, bike room and an onsite parking garage. This pet-friendly building offers low common charges and real estate taxes.Sutton Place is one of New York City's most desirable enclaves offering both residential tranquility and spectacular convenience. There are only a handful of residential blocks in the whole city that offer the tranquility of quiet one-way streets on both sides and that are also a mere 5-10 minute distance to the heart of Midtown, multiple transit lines, and what is soon to become one of the largest business districts in Manhattan along Park Avenue north of Grand Central. Dining, shopping and services line the nearby streets of Midtown East, and this home offers fantastic proximity to area medical centers and to the U.N. just five blocks south. Enjoy miles of uninterrupted waterfront paths to enjoy the day along East River Promenade, or head under the 59th Street Bridge to find two well-maintained dog runs. Transportation is effortless from this accessible neighborhood with E, M/F, 6 and N/Q/R/W trains and multiple bus lines nearby.