$1,150,000
OPEN SUN 12PM - 4PM

Estimated payment $7,976/month

1 Bed
1 Bath
590 Sq Ft
$1,949 Price per Sq Ft

Highlights

  • Concierge
  • 3-minute walk to 42 Street-Bryant Park
  • City View
  • Clinton School Rated A
  • Rooftop Deck
  • 2-minute walk to MMC Plaza

About This Home

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 Agent

Sebastian Lopera

Corcoran Group License #10401208921 Listed on: 12/09/2025

Corcoran Group

Open House Schedule

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

HOA Fees

  • $794 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 33rd floor

Interior Spaces

  • 590 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7502 / 01260

Community Details

Overview

  • 57 Units
  • High-Rise Condominium
  • Cassa Hotel And Residences Condos
  • Midtown Subdivision
  • 48-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Midtown
  • Entry Level: 33
  • Structure Type: High Rise
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 48

Interior Features

  • Interior Features: Separate/Formal Dining Room
  • Fireplace: No
  • Living Area: 590.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Concierge, Elevator(s)
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 794.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: Cassa Hotel And Residences
  • Units: 57
  • Total Stories: 48
  • Year Built: 2009

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01260
  • Tax Lot: 7502

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $1,150,000 -- $1,949 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20063017

Real Estate Board of New York (REBNY)