Description

Prime Investment Opportunity in the Heart of Midtown Manhattan with 1-12 Month Lease Capability

Cassa Residences are built for the modern investor seeking turnkey rental income, elevated design, and exceptional short-term yield. As one of the few buildings in the city that legally permits flexible 1-12 month leases, this property captures corporate demand, executive stays, international tenants, and pied-à-terre users-an income profile nearly impossible to replicate elsewhere in New York City.

This converted two-bedroom residence at Cassa Residences offers a modern, efficient layout with high-end finishes throughout. Sleek architectural lines, and large windows create a bright, contemporary atmosphere. The kitchen is equipped with Wolf, Miele, and Liebherr appliances, complemented by custom cabinetry and a streamlined design ideal for both short- and long-term use. The spa-style bathroom features glacier glass walls and a deep soaking tub. With in-unit laundry, generous storage, and the option to configure the space as either a spacious one-bedroom or a functional two-bedroom, the unit is designed to accommodate a wide range of living needs with comfort and style. Similar residences have been rented in the range of approximately $5,000-$12,000 per month depending on season, configuration, length of lease and furnishing level.

Amenities include full concierge services, a well-equipped fitness center, an outdoor terrace, and convenient room service. Residents also enjoy direct access to Butter Restaurant by chef Alex Guarnaschelli, providing a standout dining option right inside the building. These features create an elevated living experience that is rare in this Midtown location. Positioned between Fifth and Sixth Avenue, surrounded by some of the most consistent tenant activity in the city. For investors looking to participate in Midtown's short- and medium-term rental demand, this building is one of the select few that accommodates that level of flexibility. This residence combines location, building structure, and design in a way that aligns well with the type of occupants commonly drawn to the cities business and entertainment core. For buyers exploring a flexible-use condominium in a central Manhattan setting, this is it.

Act quickly-these units are limited, in high demand, and cash-flow ready. Off-market configurations and larger residences are also available; please inquire for additional details
Listing courtesy of Corcoran Group ...
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