Great Investment Opportunity in Gramercy Area !!! CAP Rate 3.75 %, For sale this Rented Apartment Spacious and great location. This stylish studio features floor to ceiling double insulated windows, private balcony with cordless custom white oak hardwood floors, central A/C. The kitchen boasts custom self-closing white lacquer cabinetry, Fisher Paykel Refrigerator, Fisher Paykel Range with Warming Drawer, Dishwasher (brand new), Quartz stone countertop, a glass tile back splash and deep Vassar Sink. The bathroom has a deep soaking tub, oversized rain shower, custom walnut vanity and Dual Flush Vassar Commode, European Porcelain Floor and Wall Tiles. The apartment has two double closets and another closet.The building has a 24 hour attended lobby, live-in super, parking, gym, landscaped common roof terrace and bike storage.