6P is an expansive one-bedroom with south-facing exposure in one of the most notable residences in Kips Bay. The highlights of the apartment are low carrying costs, garden view, tremendous sunlight, and ample closet space.
The apartment presents a savvy buyer with an opportunity to influence return on investment through improvement. Assuming market rent of $3,500, the CAP rate is 3%. There are two assessments in place totaling $143.47, which are not included in this calculation.
The entry foyer provides ample closet space and leads to a bright and spacious living room. The living room is currently used as a traditional Japanese tea-room and Zen meditation room. Both the living room and bedroom offer the same south exposures, providing view of the beautiful 3-acre garden. The bedroom is large enough to accommodate a king size bed and includes additional closet space.
I.M. Pei's Kips Bay Towers is an iconic full-service building with amenity package, including full-time doorman, concierge services, private landscaped 3-acre garden, playground, basketball court, fitness center, community room, storage room, bike room, laundry room, and a public parking garage. The building is situated near Fairway, Trader Joe's, Madison Square Park, FDR Drive, 6 train, and M34, M101, M102, M103 bus lines.