Perfect for investors. Unit is easy to rent. Can be delivered vacant or with current tenant paying $2,850 per month. Lease expires June 2026, but tenant would like to renew for an additional year.
South facing, direct sunlight, studio located in the beautiful area of Turtle Bay on a Tree lined Street. The apartment is located on the 9th floor of this Mid Century Modern Condominium. It has open city views, overlooking Townhomes, and a distant view of the East River and the Manhattan Bridge. Originally a straight line studio, a sleeping alcove was created for privacy that fits a queen size bed. There are three generous sized closets. The apartment was just updated, the kitchen has all brand new stainless steel appliances, the bathroom has been updated. The apartment was completely painted and the floors were sanded, through the wall A/C. There is a 24 hour full-time doorman, a live-in Resident Manager and a new laundry room in the basement. All the hallways in the building have been beautifully renovated. This amazing Midtown location offers very easy access to the United Nations, all major transportation, Grand Central Station, shopping, restaurants, and the theater district.
Quick Profile
Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.
But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.
Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.
Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds.
In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.
According to New York City records, the median price for an apartment in Manhattan in the month of January was $1,200,000. The price represents an increase of 11.3% from last year’s median price of $1,077,500. The number of sales increased from 801 to 1,056 representing a year-over-year increase of 31.8%. What exactly does $1.2 millio...
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