Property Description for 330 East 38th Street, 46-D
Turnkey Luxury Condominium with Immediate Income
Asking Price: $2,299,000
An exceptional opportunity for investors and 1031 exchange buyers to acquire a fully renovated luxury condominium in one of Manhattan’s most recognized full-service buildings.
Currently generating $12,800 per month ($153,600 annually) in rental income, this stunning corner two-bedroom, two-bathroom residence offers immediate cash flow while providing long-term appreciation potential in a premier Midtown East location.
Located on the 46th floor of The Corinthian, this highly desirable corner layout features breathtaking panoramic views of the Empire State Building, Chrysler Building, Downtown Manhattan skyline, and the Port of New York from every room.
The residence has been meticulously renovated and features:
? Expansive semi-circular living room with 15 oversized windows
? Open-concept designer kitchen with center island
? Sub-Zero refrigerator and premium appliances
? Miele washer and dryer
? Spacious primary suite with custom California walk-in closets
? Spa-quality bathroom with double vanity, soaking tub, and separate shower
? Hardwood flooring and custom finishes throughout
Investment Highlights
? Current rental income: $12,800/month
? Annual gross income: $153,600
? Fully renovated, turnkey asset
? Highly desirable condominium building
? Strong rental demand from executives, medical professionals, and international tenants
? Suitable for 1031 exchange replacement property
? Potential long-term appreciation in a supply-constrained Manhattan market
? White-glove services and extensive amenities enhance tenant retention
The Corinthian
Residents enjoy over 17,000 square feet of luxury amenities including:
? 24-hour doorman and concierge
? Indoor swimming pool
? Fitness center and spa
? Outdoor sun deck
? Indoor jogging track
? Golf simulator
? Resident lounge
? Children’s playroom
? Valet services
Ideally positioned near Grand Central Terminal, NYU Langone Medical Center, United Nations Headquarters, Whole Foods, major transportation, dining, and shopping.
A rare opportunity to acquire a premier Manhattan investment property combining immediate income, luxury ownership, and long-term upside. Assessment is added in the common charges from 2/1/2026 to 12/2028 then it comes back down to $1498.74
