The Armstead | 245 West 104th Street Apt. 1D

  • $1,200,000
245 W 104th Street, New York, NY 10025

Floor Plans

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Description:

Description

Invest securely with a possible 8 Cap return on this Live-Work Professional, Cooperative apartment rented on a long-term basis to the New York State Assembly as a District Office. This apartment features five rooms and two bathrooms. This fabulous, income producing space is Located in The Armstead, a Pre-War, 24Hr building located on the vibrant Upper Westside. There is a private, street level entrance as well as a lobby entrance. The current lease term will expire in June 2023 but NYS has continuously renewed for the last thirty years and has no intention of vacating unless asked by the next owner. Great for a 1031 Exchange. The Return on Investment is Superb!

Maintenance $2,215.19

APARTMENT FEATURES
  • Good Condition
  • Partial Renovation
KITCHEN
  • Good Condition
  • Needs Renovation
BATHROOM
  • Good Condition
  • Partial Renovation
EXPOSURE / VIEW
  • North
  • South
BUILDING DESCRIPTION
  • Pre-war
  • Built 1925
  • Converted to Co-op in 1982
  • Mid-rise
  • 18 Floors
  • 82 Apartments
  • Elevator
  • Full Time Doorman
BUILDING AMENITIES
  • Bike Storage
  • Laundry Room
  • Private Storage
  • Roof Deck
BUILDING POLICIES
  • Pieds-a-Terre Allowed
  • W/D Allowed
BUILDING PET POLICY
Pets Allowed.

 

  • Address 245 W 104th St #1d New York
  • Zip/Postal Code 10025
  • Area Manhattan
  • Country United States

Details

Updated on January 20, 2023 at 1:44 pm
  • Price: $1,200,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 1956
  • Property Type: Co-op
  • Property Status: For Sale

Contact Information

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Stephen P. Wald

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Stephen P. Wald
  • Stephen P. Wald