This listing is for assignment of an existing RENT STABILIZED lease running through 4/29/2021. The stabilized rent is $6388 per month, but the assignor will offer three (3) months free for move-ins before 8/31/2020. As the existing lease is RENT STABILIZED, the new tenant (as assignee) will have the option by law to renew the existing lease for 1 year or 2 years at 0% and 1%, respectively, on the stabilized rent. This translate to a net effective rent of $5,429 per month over a 20-month term (assuming 9/1/2020 start date). The Vanguard Chelsea is one of NYC's finest apartment buildings. The attentive staff (including 24-hour concierge) are at your service round the clock. This green building also features a variety of ongoing green initiatives to reduce waste and energy consumption. This 2BR / 2BA renovated apartment with modern finishes is spacious and well-designed, with split bedrooms on either side of the kitchen and living area. The apartment also features a vented washer/dryer, and outstanding views to the east and north.