Introducing a truly unparalleled investment opportunity: a stunning new construction apartment building, offering a 10-year tax abatement. This luxurious property boasts an impressive 33 units, thoughtfully designed to cater to diverse lifestyles. Comprising 13 one-bedroom, 15 two-bedroom, and 4 three-bedroom apartments, alongside a versatile commercial space, this building offers both elegance and functionality.
Each stylish bedroom is complemented by a full bathroom, providing the ultimate in privacy and comfort. Crafted from steel and concrete, this architectural masterpiece ensures durability and contemporary appeal. The addition of a state-of-the-art elevator whisks residents from the secure basement parking garage to the breathtaking roof deck, enhancing the building's sense of luxury and convenience.
Situated on the same block as the recently renovated and reopened MET concert hall, this incredible property offers its residents a vibrant and cultured
neighborhood experience. With an expected completion date of September this year, the time to capitalize on this exceptional opportunity is now.
Notably, this building can be creatively operated as a hotel (Airbnb style) to generate even greater income. As a conventional apartment building, the expected monthly rent roll is approximately $85,000, but with an innovative approach, the potential for profit can be grader.
Don't miss this rare chance to acquire a one-of-a-kind property. Perfect for 1031 exchange buyers or long-term investors, this remarkable building promises to be an outstanding addition to any investment portfolio. Secure your piece of architectural excellence and financial success today.