Tiger Woods' Former Mistress Buys NYC Condo With Settlement Money

UPDATE: Tiger Woods' former mistress, Rachel Uchitel, just closed on the three-bedroom, three-bath condo in the Murray Hill section of New York City that she will use as an investment property, the listing agent told HousingWatch just minutes after she left the closing table on Sept. 8.

"It will not be her primary residence. I think she is going to be renting it out," says listing agent Beth Benalloul of the Corcoran Group about Uchitel, who purchased the unit for $1.625 million from the sellers, a couple who used the unit as their primary residence. "The apartment is in pretty good shape, but she is doing painting and tweaking to make it more her style."

Benalloul says that rents in the pre-war building would go for about $8,500 per month on units of this size.

So what does one get for that kind of money in lower midtown Manhattan? See photos below.