1400 Fifth Avenue, New York City, NY 10026

Are you looking for an investment property at an amazing price with upside potential? Look no further! Residence 3L at 1400 Fifth Avenue is a sun-filled, south-facing two bedroom, two bath home in a full service condominium with oversized living and separate dining area. All rooms face south and overlook peaceful building gardens.

The modern, updated kitchen features a bar-height pass-through to the dining area and modern white cabinetry, granite countertops, new oversized stainless steel sink, upgraded lighting, beautiful new ceramic tile floors.

The primary bedroom has a large ensuite bathroom and the second bath is in the hallway adjacent to the second bedroom. Both bedrooms can easily accommodate a king-sized bed, This move-in ready home has been freshly painted to match the newly installed floors throughout the apartment.

1400 Fifth Avenue is one of NYC’s first green buildings. This pet-friendly condominium offers excellent amenities including a full time doorman, live-in super, a beautifully-landscaped private courtyard garden, a newly refurbished community room, a children’s playroom, private storage, bike storage, and laundry rooms on all floors from the third floor up. The building allows parents buying for kids. There is also a parking lot with deeded spaces.

Nestled between Central Park, Morningside Park, and Marcus Garvey Park, there are recreational facilities in close proximity. One block to the 2 & 3 express trains and close to the 6, B, and C lines add to the desirability of this central location. In addition to the # 116 and # 102 and the #1 Fifth Avenue bus lines right on the corner, the # 7 is just one block away, allowing for easy access to central business locations and the Harlem shopping hub on 125th Street which includes Whole Foods, Marshall’s and the legendary Apollo Theatre.

Enjoy music in some iconic local restaurants including Red Rooster, Sylvia’s, Settapani, and Lido. Nearby recreational facilities include The Conservatory Gardens and the rustic North Woods in Central Park. A state-of-the-art recreation center is nearing completion which will contain an Olympic-sized swimming pool for recreational and competitive events, as well as a skating rink and other features for competitive sports enthusiasts. Directly across the street from Central Park is The Museum of the City of New York and Mt. Sinai Hospital.

Keep in mind the HDFC income requirement: the gross annual income for all occupants may not exceed $333,500. Additionally, the property benefits from a tax abatement which expires in 2032. There is a 3% flip tax, paid by the buyer.