Description
This is the perfect condo for a 1031 exchange: A one bedroom, one bathroom investor-friendly condo at The Lausanne Condo, a stone's throw from the United Nations (UN), and just across the East River to Long Island City.The Lausanne Condominium is a full-service, 24-hour luxury doorman condo, with a beautiful roof-deck (with views of the East River), elevators, very nice gym/fitness room, large laundry room, storage and bike storage rooms, party room and garage. Electric is sub-metered, allowing lower than average costs to be passed on to the unit owner/resident. Pets are allowed. Investors are welcome and corporate ownership is allowed.Since this condo is currently owned by an investor, the real estate taxes shown do not include a unit owner's abatement, typically afforded by NYC to owners who reside in their unit.
