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70 West 45th Street
Apartment #31A
$1,100,000 Price
1 Bedroom   1.0 Bath
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70 West 45th Street,

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...

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-à-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.

Courtesy of Corcoran Group

Floorplan for 70 West 45th Street, 31A

Floorplan for 70 West 45th Street, 31A

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details


Type: Condominium
Price: $1,100,000
Maintenance/CC: $782
Web ID: 1113128906

Info & Amenities

Type: Condominium
Rooms: 2.0
Bedrooms: 1
Bathrooms: 1.0
Built: 2009
Pets allowed: Yes

Map of Area for 70 West 45TH Street 31A

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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