The Olivia

DESCRIPTION

A 33-story 600,000 square foot mixed-used building. Contains 333 rental units as well as almost 300,000 sq ft of retail space and a 250-space garage. Constructed in 2000, this building was formerly known as "Penn Mark".

BUILDING AMENITIES AND SERVICES

• Concierge
• Gym/Fitness Center
• 24-hour attended lobby
• 250-car garage
• Private storage

RESIDENCE FEATURES

• Parquet floors in living areas and bedrooms
• Floor-to-ceiling windows
• Kitchens feature:
• Italian Golden Leaf granite counters
• Imported porcelain tile floors
• General Electric appliances
• Bathrooms feature:
• Wall-to-wall mirrors
• Matching Kohler fixtures
• Imported porcelain tile floors
• Custom storage cabinets
• All two-bedroom residences have individual washers and dryers
• Some apartments have large private terraces
• Individually controlled air conditioning
• Pre-wired for multiple telephone lines, cable TV, satellite TV with HDTV capabilities, high-speed direct internet access and fiber optics.
• Intercom security system that connects each apartment to the concierge desk

INCOME REQUIREMENTS

• Tenant (annual income): 42 times monthly rent

OUR COMMENTS

Located very close to Penn Station, which could be viewed as an advantage or a drawback.

CURRENT RENTAL LISTINGS

• new! $2,725 Studio at The Olivia (available July 1, 2008) posted 07/02/08.
• new! $3,625 1-Bedroom at The Olivia (available June 26, 2008) posted 06/30/08.
• new! $4,800 2-Bedroom at The Olivia (available June 21, 2008) posted 06/30/08.
• $3,395 1-Bedroom at The Olivia (available June 21, 2008) posted 06/22/08.
• $3,295 1-Bedroom at The Olivia (available June 21, 2008) posted 06/22/08.
• $3,250 1-Bedroom at The Olivia (available June 12, 2008) posted 06/20/08.

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