Renovated penthouse JR4 with home-office in a 5-star luxury building. This furnished apartment, located in Cipriani Residences, is an ideal investment with a CAP rate of 3.5%. The apartment is currently used as a pied-a-terre but can be rented year-round to corporate executives and relocation companies. Since the apartment is furnished and short-term leases are permitted in the building, the resulting CAP rate is higher than other buildings in the historic Financial District.
The 1,250 SQFT apartment features an elevated renovation, which encompasses new flooring, new appliances, custom lighting, elevated millwork, and a chef's kitchen. Custom window treatments, in-unit washer dryer, and an abundance of closets complement the aesthetics of the renovation with function. The apartment offers privacy in overlooking the serene courtyard. The south/east exposures, 11 feet ceilings and total of 7-oversized windows capture a tremendous amount of sunlight throughout the day. The white oak wooden floors introduce further volume and depth to the living space.
55 Wall offers white glove world class service and features a fitness center, landscaped rooftop garden, screening room, on-site restaurant, business center, 24-hour doorman, and concierge desk. Other perks include butler service, housekeeping, newspaper delivery, private storage, dry cleaning and laundry, postal and messenger service, and preferential access to Cipriani restaurant.