Perfect for investors or 1031 Exchange replacement. Studio condo with TENANT IN PLACE. Can still be shown to serious purchasers. Apt 808 is an L-shaped studio with 606 sq feet interior & a show-stopping, PRIVATE 334 sq. ft private outdoor space, panoramic views of the Manhattan skyline, oversized gourmet kitchen, spa-like bathroom, abundance of closet spaces, in-unit washer & dryer, and ownership into one of LIC’s most well-built and coveted full-service buildings. The outdoor space in this unit is big enough to host gatherings year-round. With incredible views of the Manhattan skyline and shimmering East river, there’s room on the private patio for a full set of outdoor furniture and much more, including your own grill, heater, hammock, or exercise equipment. The rare, lucky unit owners at Powerhouse with 8th Floor private outdoor space have done some amazing things. With 606 Sq. ft. of interior space, Apt 808 checks all the boxes: • Stunning skyline views with South-East facing windows • Four (4) closets with custom and adjustable shelving including two walk-ins, a pantry, and bonus closet • In-unit, full-sized Bosch washer & dryer • Roomy and especially well-appointed bathroom with soaking tub • Chef-scale kitchen with custom cabinetry, Viking & Sub-Zero appliances and eat-in breakfast counter roomy enough for 4. • Thermostat-controlled air and heat As does the building: • Concrete between the floors (solid/not wood), • Established Condo with 24/7 concierge. • Package reception and cold storage, • Bicycle storage, • 2-level fitness center with cardio and strength, yoga room, • Business center (a private place to get work done) • Childrens’ playroom, • Lounge equipped with pool table, • Awesome roof terrace with city views, BBQ grills and picnic tables, Common Charges are $689/month, and $26/month in property tax, paid quarterly. 421-a tax abatement expires in 2024. Tenant pays $ 2,200 this year. Landlord's option to renew for second year at $ 2,600. Tenant is Medical Doctor and Army Captain.