Perfect Investment Opportunity

47 -05 5th St, 501

$770,000 1 BD / 1.0 BA / 701 SF
Perfect Investment Opportunity

Steps to the waterfront with one of the lowest monthly carrying costs!Come check out #501 at the Monarch Condominium in the heart of Hunters Point, LIC.The clean lines of the home begin the moment you step in to the wide entryway. The living area is complemented by large, noise abated windows with custom blinds and modern pre-engineered wide oak floors. The XL bedroom offers tons of light and a large closet space. The kitchen boasts new Bosch stainless steel appliances along with a glass mosaic backsplash and quartz countertops.The XL bathroom has a partial glass enclosure and is lined with porcelain subway tiles with soft, neutral white and grey tones. There is a stackable washer and dryer in the unit for everyday convenience with lots of extra room.A fully equipped fitness center, lounge area, revamped decked courtyard, virtual doorman, and bike storage are offered to owners.This boutique condominium building is at the heart of it all- steps to the beautiful waterfront Gantry State Park, FoodCellar, shops/ restaurants and schools. The 7 train is 2 minutes away and Manhattan and Brooklyn can also be accessed via the East Ferry service. The Monarch has a 421a tax abatement expiring in 2027.

Status Active
Price: $770,000
Real Estate Tax: $78
Common Charges: $516
Type: Condo
Room: 3.0
Bedrooms: 1
Bathrooms: 1.0
Size (Approx): 701 SF
Building Name: The Monarch
Year Built: 2017
Floors: 6
Units: 21
Pet Policy: Allowed
ID: 259867
  • Elevator
  • Fitness Center
  • Garage
  • Washer/Dryer
Get in touch with an agent, today.