123 Washington Street, #272829Loading

Condo For Sale Manhattan, Financial District

Web ID # RPLU-5122651628

Listed: 09/05/2023

Days on Market: 456 days

$22,000,000Loading

14,514 ft2 Approx. $1,516 per ft2 24 Beds 24 Baths

RE Taxes: $19,411

Common Charges: $34,312/month

Mortgage Est: $.../month

123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829
123 Washington Street, #272829

Condo For Sale Manhattan, Financial District

Web ID # RPLU-5122651628

Listed: 09/05/2023

Days on Market: 456 days

14,514 ft2 Approx. $1,516 per ft2 24 Beds 24 Baths

RE Taxes: $19,411

Common Charges: $34,312/month

Mortgage Est: $.../month

  Listing Courtesy of Douglas Elliman Real Estate

  Nickolai Parker

Contact Agent

Gea Elika

 212-590-0540

Inquire about 123 Washington Street, #272829


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Description

Presenting a unique investment opportunity to acquire three full floors on the 27th, 28th and 29th floors of a luxury doorman condominium building, encompassing 24 units of studio and one-bedroom apartments (8 apartments per floor). Each floor features a combination of five one-bedrooms and three studios, each with one bathroom. The one-bedroom units vary in size from 600 to over 900 square feet, while the studios span from 400 to 465 square feet. Each unit offers stunning panoramic vistas of the city skyline and/or the Hudson River. All units are equipped with modern kitchens with dishwashers, and in-unit washers and dryers.The three floors possess an exclusive distinction as the "Master Unit" within the condo declaration, affording a remarkable advantage - the ability to engage in highly profitable short-term rentals spanning 30 days or more, all without the need for condominium board approval.At present, all twenty-four condos are under a master lease agreement with a corporate/furnished housing company that functions as the master tenant. Under the terms of the lease, the master tenant assumes responsibility for all customary tenant-associated expenses such as internet and electricity. Moreover, they fully furnish, manage, and sublease these apartments to their clients for stays lasting 30 nights or more.The investment opportunity offers flexibility, as it can be obtained either with the existing master lease arrangement or delivered vacant, also creating the added flexibility of combining units without requiring any additional building authorization.123 Washington Street features premier amenities renovated in 2023 including a stunning outdoor roof deck and lounge on the 58th floor, screening room, resident lounge, game room with pool table, fitness center with outdoor space, and full concierge services.

Highlights

  • Doorman
  • Central Air
  • Elevator
  • Washer / Dryer
  • Pets Allowed
  • Live / Work

Building Information

  • Building Type: High-rise
  • Year Built: 2007

Mortgage Calculator

$
$
%
%
$/month
$/month
/year
Advanced

Your mortgage payments over years will add up to .
Estimated monthly payment: $.

Recalculate with more details

Purchase Price

Property Type

Mansion Tax
Title Insurance
Attorney Fee
Move-In Deposit
Title Search
Survey Fees
Board Application Fees
Move-In Fee
Title Search
Recording Fees (Deed)
Lien Search
Credit Check

Mortgage Financing Costs

Mortgage Recording Tax
Title Insurance
Bank Attorney Fee
Loan Application Fee
Appraisal Fee
Mortgage Recording Fee
Aztech Recognition Agreement Fee
UCC-1 Filing Fee

New Construction Costs

NYC Transfer Tax
NY State Transfer Tax
Sponsor's Attorney Fee
Total
Total
Total
Email Me Closing Costs
Export PDF
Export CSV
  View closing costs
  View Post Closing Liquidity Calculator
$
$
Property Type
Amount Financed
$
$
$
$
$
$
$
Estimated Closing Costs
$
Post-closing liquidity without 401k
months
Post-closing liquidity with 401k
months
  View more details
$
months
%
%

$
$
%
%
$/month
$/month
/year

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Your rent payments over years will add up to .


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