A sun-splashed 1-bathroom studio with a tenant in place until June 2025, this 725-square-foot condo is an incredible investment opportunity to generate immediate monthly income and own the largest studio in the city.
This lovely home is nestled in the desirable Fulton/Seaport neighborhood, close to FiDi, Oculus, the East River Promenade, and exciting dining and nightlife options. With a monthly rent of $3,650, the unit has an appealing net cap of 2.3% and a gross cap of 5.8%.
Interiors are spacious and bright with soaring 11-foot ceilings and oversized tilt-and-turn windows with Low-E glass and vibrant southern exposure. Porcelain tile floors run throughout, and custom Rossetto closets offer abundant storage.
The open-plan kitchen boasts an eat-in peninsula, White Blizzard Caesarstone countertops, custom zebra wood cabinetry, and appliances from Liebherr, Optima, Gaggenau, and Miele.
The bedroom alcove allows for separate living and sleeping areas, and the luxurious bathroom features double sinks, wall-mounted faucets, and a walk-in rainfall shower. The home has central heating and cooling, an in-unit washer and dryer, and a huge storage unit downstairs.
The District is a luxury condominium nestled in the heart of Downtown Manhattan. Residents enjoy 18,000 square feet of amenity spaces that include a state-of-the-art fitness center, yoga studio, steam, and sauna rooms, a pool and Jacuzzi, a billiards room, and an expansive rooftop terrace with lush plantings, multiple seating and lounge areas, and tranquil reflecting pools. The building has a full-time staff and is moments from dozens of restaurants, bars, cafes, and shops.
City Hall Park, FiDi, Oculus Center, and Piers 15, 16, and 17 along the East River Esplanade are nearby. Accessible subway lines include the 1, 2, 3, 4, 5, 6.
Pets are welcome.
Assessment of $417.54 until 10/2027Access times:
Wednesday and Friday 10am-12pm
Saturday and Sunday 9am -11am
APPOINTMENT ONLY
Quick Profile
The Seaport District sits between the Financial District to the south and the Brooklyn Bridge to the north. The original Seaport designation was limited to the streets east of Water Street from Fletcher Street to Dover Street and incorporated the actual Seaport and the piers. But no more. Today, the neighborhood boundaries have expanded westward toward Park Row and include a surge of new developments in the area around Pace University and City Hall Park.
This is not your father’s Seaport. It is no longer a commercial hub and the seafood industry, which operated out of the port for nearly two hundred years, has been displaced. The older low-rise buildings that line these cobblestoned streets have been repositioned, the SouthBridge towers complex to the east of Water Street has gone free market, multiple commercial buildings have been converted to residential usage and new gleaming residential towers are rising on the site of the iconic J&R Music World which once lined the east side of Park Row.
Still, the Seaport is a small neighborhood, particularly quaint just north of Beekman Street. The streets are dominated by century-old warehouses and maritime buildings which gives the neighborhood its overt character. The Brooklyn Bridge, on its northern edge, looms in the backdrop.