Buy with Yoreevo
$1,078,000
List Price: $1,100,000
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70 West 45th Street #31A
Condo in Midtown •  building info
1bd • 1ba
Buy with Yoreevo

$1,078,000

List Price

$1,100,000

Key Details
Days on market
18
Last price change
loading...
Estimated payment
$7,926/mo
Taxes
$887/mo
Common charges
$782/mo
Description
Prime Investment Opportunity in the Heart of Midtown Manhattan Flexible Income-Producing Asset with 1-12 Month Lease Capability Unlock a rare, income-generating asset in one of Manhattan's most desirable and high-demand locations. This impeccably designed converted two-bedroom residence at Cassa Residences is tailored for the modern investor seeking turnkey rental income and high short-term yield in a building that allows flexible 1-12 month leases-a rarity in New York City. Positioned just steps from Fifth Avenue, Bryant Park, Grand Central, and Rockefeller Center, this property offers institutional quality fundamentals with lifestyle driven appeal ideal for corporate stays, high-net-worth tenants, or pied--terre demand. Investment Highlights Current Rental Income Potential: Short-term lease rates average $5,000-$10,000/month One of the few buildings in Midtown Manhattan offering 1-12 month rentals Turnkey Condition: Delivered in excellent condition with high-end finishes, in-unit laundry, and fully appointed kitchen with fully furnished options available. Investor-Friendly Building: Class B condominium with hotel-level amenities, ideal for premium rental clientele High Demand Location: Between Fifth and Sixth Avenue-minutes from major transit, luxury retail, and global headquarters Layout: Functional 2-bedroom configuration with modern interiors Design Features: Blonde hardwood floors Zen-style spa bathroom with glacier glass walls & deep soaking tub Chef's kitchen with Wolf, Miele & Liebherr appliances Reconfiguration Upside: With multiple exposures and ample natural light, units feature flexible floorplans that can easily accommodate either a spacious one-bedroom or a functional two-bedroom layout, allowing investors to adapt units to maximize nightly or monthly rates Amenities Concierge, fitness center, outdoor terrace, room service, and access to Butter Restaurant by celebrity chef Alex Guarnaschelli Location & Market Positioning Midtown Manhattan is one of the most liquid real estate markets in the world, offering unmatched global demand and 365-day leasing potential. This asset sits within one of the city's highest-trafficked corporate, cultural, and tourism anchors. In today's market, investors seek yield and flexibility and this opportunity delivers both. This is not just a luxury apartment-it's a high-performing financial asset in a building structured for maximum rental flexibility and long-term upside. Whether you're building a rental portfolio or diversifying a 1031 exchange, this opportunity is rare, vetted, and positioned for solid income and appreciation. Act quickly-these units are limited, in high demand, and cash-flow ready.

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Important Stuff
Doorman
Elevator
Washer/Dryer in unit
Home features
Central Air
Dishwasher
Hardwood floors
View

City, Skyline, Water

Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Live In Super
Package Room
Parking

Garage

Storage Space
Wellness and recreation
Gym
Shared outdoor space
Deck
Garden
Roof Deck
Building info

History
What it'll cost
Purchase price
$1,100,000
Asking Price: $1,100,000
Term
30 Years
Down Payment
$110,000 (10%)
Min: 10% (110,000)
Rate
6.5 %
Mortgage Amount
$990,000
Mortgage Payment
$6,257
Common Charges
$782
Taxes
$887
Estimated Yoreevo rebate
$22,000
Estimated closing cost
$43,000
Total monthly cost $7,926
Buy your dream home with us and get an estimated $22,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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