Investor Opportunity: Seller requires lease-back at closing.
Building has 421-G tax abatement.
Contact an agent at Tranio.com, and we will help find the perfect property for you, wherever it may be.
The apartment is located in a condo with doorman and concierge. The building previously served as headquarters to J. P. Morgan from its inception in 1914 and was converted in 2005 into the 382 unit. The exterior of the building is landmarked for its historical significance, while the interior was transformed by world renowned architect/designer, Philippe Starck.
The building enjoys a full-scale gym with state-of-the-art equipment; lap-pool and hot-tub; yoga/dance/martial arts studio; basketball court; squash court; bowling alley; his and her locker rooms with sauna; lounge/party room; billiard and ping-pong tables; movie screening room; children's play room; and the 7th floor'Starck Park', a fully landscaped 5,000 sf. roof-park with sensational views of the NYSE; complete with reflecting pool, fireplace, dining tables, and lounge chairs,
Monthly Maintenance/CC: $ 1267
Monthly Real Estate Tax: $ 1
Balcony or terrace
Sea view
The apartment offers the open floor plan with two home offices/interior bedrooms offers a flexible layout for endless configurations, and customizations. Two full bathrooms have been smartly upgraded with custom cabinetry and lighting.
Equipment
Investor Opportunity: Seller requires lease-back at closing.
Building has 421-G tax abatement.
If this property wasn’t for you, take a look at other apartments for sale in the USA.
You can see more apartments for sale in New York City elsewhere on our website.
We select ads that may interest you.
Send us an enquiry with an approximate description of the property or investment project you’re interested in.
After clarifying your enquiry, we will introduce you to our partners and/or local agents.
We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.
You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.
Having chosen the best property, you will sign the sales or investment agreement (for development).
It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.
The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.
We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.
The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.