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Purchase Pricern$3,900,000rnThis provides an opportunity to secure pricing below current listings while the building is just entering its first resale cycle.rnClosing can happen as of February 2027.rnrnCan also be rented with option to purchase.rnrnLease Structure:rn12-month leasern$19,500 per monthrnrnPurchase Option:rnOption deposit: $145,500 – equivalent to 3% and credited toward purchase but non-refundable.rnRent credit: 40% of rent paid during the lease period applied toward the purchase price = $93,600 ( $19,500 x 12 x .40)rn9 months into the lease the purchase option should be confirmed.rnrnOver a full year, this structure results in approximately $239,000 credited toward the purchase, bringing the effective purchase price to roughly $3,661M if the option is exercised. The buyer may exercise the option to buy once the 12-month holding period is satisfied. rnrnThis arrangement is particularly useful for someone who would like to secure a position in the building now, and complete the acquisition once the timing aligns.
Listing Updated: 2026-08-29 16:58:19
