425 Main Street #14-G

RARELY OFFERED AND PERFECT FOR THE INVESTOR!!! Imagine a real estate investment that returns 4% in the first year, plus provides a sizeable asset-appreciation over a certain period of time. Well, this is it! Resales in Riverwalk Landing are practically non-existent (the condominium is operated mostly as a Rental Building) so a high-floor, 3.5 room, 787 square foot one bedroom apartment with a low carrying cost of just $589 per month and no real estate taxes at all for at least 15 years is indeed a true find. Roosevelt Island is poised for explosive growth in the next few years as the FDR Memorial and the Cornell/Technion high-tech campus come on line, so the upside for capital appreciation looks quite favorable. As it is, the apartment is five minutes from Midtown (the F line subway is 20 yards from the building, and the Roosevelt Island Tram is about a football field away) and is a truly lovely contemporary-style space. The building was completed in 2007 and this unit, an estate sale, was very lightly used and is in excellent condition. There is a beautiful open kitchen with granite countertops and stainless steel GE, LG, and Westinghouse kitchen appliances; Asko washer/dryers; a marbled bathroom; and plenty of closets. Oversized south-facing windows with East River views complete the picture. You will love watching the boats go by! The Building's amenities are all you could ask for and include a Health Club; Lounge; Nursery; available storage bins; top-floor party space; and Rooftop Deck. Call for an appointment to see this beauty - it will sell quickly.