$2,400,000
Active
1 days on market
137 E 13th St Unit 1A, Unit 1A
📍 Gramercy Park, New York, NY 10003
—
Studio
1.0
Bath
2,649
Sqft
$906
Per sqft
1999
Year built
Condo/Co-op
Type
About this property
* * QUALIFIED OFFER REQUIRED PRIOR TO TOUR * * A qualified offer must be submitted and reviewed prior to scheduling any property tour. * * Please do not contact the tenant directly. * * EXECUTIVE SUMMARYJade Stone Real Estate Consulting is pleased to offer 137 East 13th Street, Grand Floor/Cellar Level, a premier New York City retail condominium priced at $2,400,000. This turnkey asset provides a highly predictable, long-term income stream secured by a newly executed 10-year lease commencing April 1, 2025. Offered at a 5.97% capitalization rate, the property is an ideal vehicle for 1031 exchange buyers and yield-focused investors. The lease guarantees aggressive yield growth via 4% con
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Key facts
$1,358 HOA
Built 1999
Property details
Property typeCondo/Co-op
Listing statusActive
HOA fees$1,358/mo
Year built1999
Days on market1 days
MLS #RLS20118440
Estimated monthly payment
Listing price$2,400,000
Down payment (20%)$480,000
Loan amount$1,920,000
Principal & interest (7%, 30yr)$12,773/mo
Property tax (est.)$2,334/mo
Home insurance (est.)$1,000/mo
HOA$1,358/mo
Estimated total$17,465/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.