Friday, May 1, 2015

Luxury one bedroom investment at The Harrison 205 W 76 St

Apartment 603 is an elegant, over-sized one bedroom on the 6th floor with quiet, north exposure in the Upper West Side's most desirable building, the Robert A.M Stern-designed, Harrison. 

Price:  $1.65m
Size 826 sf, common charge $994, tax $426
Rent:  $5,000
Annual rental return:  2.6%
Annual appreciation:  10%
Return on investment with 50% downpayment:  21%