Condo Apartment in Manhattan- New York City - Hot Area! Excellent investment - Financial District - Great Value Start Price USD 529,000.00 Current Price USD 529,000.00 Time Left - Bid Count 69 Buy It Now Price - Reserve Price - Start Time Wednesday, October 01, 2008 End Time Tuesday, December 30, 2008 Location New York, New York See more about 'Condo Apartment in Manhattan- New York City - Hot Area!' Description Excellent opportunity to own property in New York... at a low purchase price and extremely low cost of ownership! Take advantage of interest rates (currently at an all-time low) and the country’s highest rental occupancy rate (around 99%) – unheard of in other markets!  Easy financing is available even for international customers. Ask us for details! The Downtown Club is a condominium building on the Southern tip of Manhattan. It is a landmarked Art Deco skyscraper built in 1929 and is very rich in history!  In fact, it’s where the Heisman Trophy was presented every year! This apartment is simply amazing!  It’s priced to sell and an excellent investment since it already has a tenant in place until July 20, 2009! ----------------- It features: •         Ultra bright western exposure •         High ceilings •         Dramatic modern kitchen with black granite countertops/floors, GE stainless steel appliances •         Italian marble bathroom •         Two large closets •         Breathtaking views of the Hudson River and New Jersey •         Incredibly low carrying costs (especially compared to other properties in Manhattan) •         Nominal real estate taxes (thanks to a 421G tax abatement, which is no long offered!) •         Income-generating - may be rented on a short or long-term basis----------------- The building offers a wealth of amenities, including: a 12,000 sq.ft. fitness center, 24 hour doorman, concierge service, outdoor terrace, a lounge with free breakfast and other services similar to a luxury hotel. The Financial district is Manhattan's fastest growing area in Manhattan.  The property is recommended for at least 3 to 5 years of ownership before resale. When the new World Trade Center will be finished, the value of residential property in walking distance, such as The Downtown Club, is expected to increase significantly. This apartment is a rare investment opportunity for the local and the international investor, as all details of ownership such as furnishing, management and renting can be taken care of on behalf of the owner - something that is not offered in any other Manhattan building at this price point. This apartment is priced to sell and won’t last long! Contact us today for more information!**PLEASE INCLUDE YOUR E-MAIL ADDRESS SO I MAY SEND YOU A FLOOR PLAN, INVESTOR REPORT, ETC.**Alexis Gandelman, MBA, MSAssociate Real Estate Brokeragandelman@gmail.com Place a Bid!