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Listing Courtesy of Platinum Properties
$ 579,000
Est. payment | /mo
1 Bath
460 SqFt
$ 579,000
Est. payment | /mo
1 Bath
460 SqFt
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 460 sqft
Price per Sqft $1,258
Subdivision Financial District
MLS Listing ID RLS20074794
Full Baths 1
HOA Fees $904/mo
HOA Y/N Yes
Year Built 1904
Property Sub-Type Condo
Property Description
Perfectly positioned at one of Downtown Manhattan's most recognizable corners, this investor-ready residence at the landmark Cocoa Exchange is delivered with a tenant in place, offering immediate rental income from day one. The building's iconic architecture has been featured in numerous films, including John Wick, underscoring its enduring presence in the Financial District. Unlike many residences that face the street, this unit enjoys partial river views and soft morning light. The efficient layout clearly separates living and sleeping areas, enhancing both livability and rental appeal. Over $30,000 in recent interior upgrades minimizes near-term capital expenditures while supporting strong tenant demand. Improvements include updated plumbing and electrical work, a renovated and refinished bathroom sink, and a thoughtfully designed kitchen with stainless steel appliances, granite countertops, glass and walnut cabinetry, and Italian porcelain tile flooring. The bathroom is finished with a custom walnut vanity, a freestanding porcelain basin, and Gioia marble walls. This is a turnkey, income-producing opportunity with a lease secured through February 2027, making it a seamless addition to an investor's portfolio while also appealing to future owner-occupiers seeking flexibility and long-term value. Residents benefit from full-service amenities including a 24-hour doorman, on-site maintenance, and select resident services. The building's sky terrace and roof lounge provide a well-appointed extension of living space, offering a setting that enhances tenant satisfaction and supports ease of remote ownership. Ideally located in the heart of the vibrant Seaport District, this building offers unparalleled access to the best of downtown living. Just moments from Whole Foods Market, Life Time Fitness, and Equinox, residents enjoy premier wellness and everyday conveniences at their doorstep. World-class shopping and dining await nearby, including Tiffany & Co., Printemps, Manhatta, Delmonico's and Cipriani. Commuting is effortless with close proximity to the major transportation hubs at Fulton Street station and World Trade Center station, as well as the Seaport Ferry Terminal-providing convenient connectivity throughout the city and beyond.
Location
State NY
County New York
Building/Complex Name The Cocoa Exchange
Rooms
Basement Other
Interior
Cooling Other
Fireplace No
Laundry Building Other
Exterior
Exterior Feature Building Roof Deck
View Y/N Yes
View River
Porch None
Private Pool No
Building
Dwelling Type High Rise
Story 15
New Construction No
Others
Tax ID 0023-1092
Ownership Condominium
Monthly Total Fees $904
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY