Rare Midtown Manhattan Investment | 1–12 Month Lease Flexibility
Located in the prestigious Cassa Residences, this beautifully designed convertible 2-bedroom residence presents a rare opportunity for investors and end-users alike. As one of the few buildings in NYC legally zoned for short- and medium-term leases (1–12 months), this unit is uniquely positioned to capture consistent rental income from corporate clients, international travelers, and pied-à-terre tenants.
The residence features high-end finishes throughout, including a sleek open kitchen with Wolf, Miele, and Liebherr appliances, custom cabinetry, and a spa-style bathroom with glacier glass walls and soaking tub. Oversized windows and clean architectural lines create a bright, modern atmosphere, while in-unit laundry and ample storage add convenience. The flexible layout can function as a spacious one-bedroom or a fully equipped two-bedroom.
Rental potential ranges from $5,000 to $12,000/month, depending on seasonality, lease duration, and furnishings—making this an ideal high-yield asset.
Residents enjoy premium amenities including a 24-hour concierge, fitness center, outdoor terrace, and direct access to Butter Restaurant by Chef Alex Guarnaschelli. All of this, in a prime Midtown location between Fifth and Sixth Avenue—steps from Bryant Park, major office hubs, and public transit.
Whether you’re seeking an income-producing investment, a corporate housing solution, or a flexible-use pied-à-terre, this turnkey property delivers exceptional value and versatility.
Inquire for private showings, financials, or access to off-market units in the building, seller financing available, don’t miss this amazing opportunity!
247 days
|
254
|
14
|
Zillow last checked:
Listing updated:
Listed by:
Corcoran917-549-2428,
Sebastian Lopera
Source: StreetEasy,MLS#: S1802962
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Cooling
Central Air
Appliances
Included: Dishwasher, Washer/Dryer
Features
Flooring: Hardwood
Has fireplace: No
Property
Features
Has view: Yes
View description: City, Skyline
Details
Special conditions: Resale
Construction
Type & style
Home type: Condo
Property subtype: Condominium
Condition
Year built: 2009
Community & HOA
Community
Features: Doorman
Security: Doorman
Subdivision: Midtown
HOA
Has HOA: Yes
Amenities included: Fitness Center, Elevator(s), Concierge