This furnished studio in a 5-star luxury building, Cipriani Residences, is an ideal investment with an established CAP rate of 3% and a tenant in place till March 2019. The apartment is successfully rented year-round to corporate executives and relocation companies on a consistent basis. Since the apartment is furnished and short-term leases are permitted in the building, the resulting CAP rate is higher than most apartments in the historic Financial District.
55 Wall offers white glove world class service and features a fitness center, landscaped rooftop garden, screening room, on-site restaurant, business center, 24-hour doorman, and concierge desk. Other perks include butler service, housekeeping, newspaper delivery, private storage, dry cleaning and laundry, postal and messenger service, and preferential access to Cipriani restaurant.
The oversized marble bathrooms are considered the crown jewel of most studios in 55 Wall. They feature Waterworks fixtures, oversized soaking tub, and a separate glass-enclosed standing shower. The floor to ceiling windows face onto the courtyard, resulting in a quiet and serene living space. The custom chef's kitchen with sleek Miele, Subzero, and Bosch kitchen appliances are nicely complemented by the custom wood cabinets and granite counter tops. There is ample closet space, washer and dryer, and dual solar blackout window shades.
The apartment comes with additional storage located in the basement.
All open houses by Appointment only!!! Fully Furnished Studio on 34th floor with stunning views, low monthly's, sun-flooded unit at the Downtown Athletic Club Condominium, a full service Art Deco building located steps from Battery Park and the Financial District (FIDI). Featuring: high ceilings,...
Listing ID 3716028
Calling all investors! Excellent investment opportunity, as this apartment is currently rented for $2550 until May 2020. Welcome to apartment 14M at 20 West Street, The Downtown Athletic Club. At over 600 square feet, this bright and spacious studio features beautiful wood floors and an abundance...
Listing ID 3719483
Welcome to apartment 813 at Greenwich Club! This modern alcove studio boasts wonderful finishes and a great layout. Brazilian cheery hardwood flooring, 10'5' high ceilings, two grand picture windows, and plenty of customized closets highlight just some of this apartment's perfect features.Coming...
Listing ID 3794147
Spacious, Open and Very Bright - This large studio feels like the perfect 1-bedroom made possible by tall sliding glass doors that separate the living and sleeping areas. Fully renovated a few years back, this apartment features amazing storage throughout including a large walk-in-closet concealed...
Listing ID 3706569
This open and bright One Bedroom is east facing. The property gets great light and has a sanctuary feel in the living room which leads to an incredibly large terrace. This home is a dream come true from a value perspective and has very low maintenance. Private storage available in the building, as...
Listing ID 3678591
Calling all investors! Excellent investment opportunity, as this apartment is currently rented for $2595 until May 2020. Welcome to apartment 5A at 20 West Street, The Downtown Athletic Club. At 729 Square feet, this is a studio you can call home. The extra-long entry gallery helps provide privacy,...
Listing ID 3719468
Courtesy of: Douglas Elliman 575 Madison Ave
Office Phone: 212.891.7000
Listing Agent: Karan Chopra
Updated: 27th June, 2019 1:48 AM.
55 Wall St New York, NY