Co-op, 333 E 46TH Street #16F, Turtle Bay-East Midtown

Description

Apartment 16F at 333 East 46th Street is a thoughtfully converted 2-bedroom, 1 bathroom home offering an efficient layout, ample closet space, and a rare combination of light, flexibility, and value in the heart of Turtle Bay. Situated on a high floor with northern exposure and open views, the home enjoys lovely natural light throughout and features a renovated kitchen and bathroom designed for comfortable everyday living.

This is a unique opportunity for both end users and investors alike. With low carrying costs for a 2-bedroom, the apartment presents an especially compelling value proposition, while its current rental performance demonstrates the potential for a 5% cap rate, making it an attractive income-producing asset as well.

333 East 46th Street is a full-service condop offering the flexibility of unlimited subletting from day one of ownership. Amenities include a landscaped roof garden, patio-level sitting area, garage, central laundry, full-time concierge, and live-in superintendent. Ideally positioned near the United Nations, Dag Hammarskjöld Plaza, the East River Esplanade, and Midtown East's renowned dining, shopping, and transportation, Apartment 16F is a distinctive Turtle Bay offering with strong appeal for both investors and those seeking a smartly designed Manhattan home.

Listing courtesy of Douglas Elliman Real Estate ...
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