425 5th Ave APT 31A, New York, NY 10016

Incredible investment opportunity! Approx 3.65% CAP RATE- sublease in place thru July 2027. Perched on the 31st floor of the highly regarded 425 Fifth Avenue condominium, this sun-drenched residence offers breathtaking open city views through expansive double exposures. Bathed in natural light throughout the day, the home combines elegance, comfort, and functionality in the heart of Manhattan. Designed for both everyday living and effortless entertaining, the living room flows seamlessly into a dedicated dining area framed by walls of windows, creating a dramatic backdrop of iconic skyline views. The windowed chef's kitchen is beautifully appointed with stainless steel appliances, granite countertops, and rich cherry wood cabinetry. The generously proportioned primary bedroom easily accommodates a king-sized bed and features excellent closet space along with abundant natural light. A thoughtfully designed second room- currently configured as a home office or guest space- has been created with custom built-ins that provide ample storage while enhancing both form and function. For those seeking a more expansive layout, the apartment can be restored to an oversized one-bedroom residence. Additional highlights include gleaming hardwood floors, custom storage solutions, and a beautifully renovated spa-like bathroom featuring a separate tub and glass-enclosed shower. A monthly assessment of $113.12 is currently in place. Residents of 425 Fifth Avenue enjoy an exceptional collection of luxury amenities, including a 24-hour doorman, a state-of-the-art fitness center, indoor lap pool, sauna, playroom, elegant resident lounge, and a spectacular outdoor terrace overlooking Fifth Avenue. The building is also pet-friendly. Ideally situated in the heart of Midtown Manhattan, moments from Bryant Park, Grand Central, premier shopping, acclaimed restaurants, Whole Foods, and multiple transportation options, this magnificent residence offers a rare opportunity to experience sophisticated city living at one of Manhattan's most coveted addresses.