433 West 54st St - 5 sponsor units
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433 West 54st St - 5 sponsor units
2 Properties Offered at $1,485,000 in New York, NY
Investment Highlights
- Desirable and In-Demand Location in Midtown West
- 60% Below Market Value
- Great Way to Off Set Passive Real Estate Income
Executive Summary
A Perfect Investment Opportunity! Boutique Pre-War Gems in Hell’s Kitchen
Nestled in a charming boutique pre-war and flexible co-op at 433 West 54th Street, these 5 sponsor units(no board approval)offers 3 one bedroom market rate, approx. 600 sq ft. of classic NYC elegance with unlimited potential. Featuring original pre-war details like exposed brick and hardwood floors, these unit boasts a functional layout filled with natural light from its southern exposure overlooking a serene, tree-lined street. In addition there are 2 large studios approx. 400sq ft one is rent stabilized and the other rent controlled.
Highlights include a spacious residences, unlimited subletting, pre-war charm, and tons of upside. While all of them would benefit from updates, it has been meticulously maintained, offering the perfect canvas for a savvy buyer to unlock its full value—priced approximately 60% below market!
The building’s superb location in the heart of Hell’s Kitchen places it steps from Columbus Circle, Central Park, Lincoln Center, and Midtown’s vibrant offerings.
Currently 3 out of the 5 are rented, this 5 unit sale represents an outstanding investment opportunity in one of Manhattan’s most desirable neighborhoods.
Contact us today to schedule your private showing or learn more!
Nestled in a charming boutique pre-war and flexible co-op at 433 West 54th Street, these 5 sponsor units(no board approval)offers 3 one bedroom market rate, approx. 600 sq ft. of classic NYC elegance with unlimited potential. Featuring original pre-war details like exposed brick and hardwood floors, these unit boasts a functional layout filled with natural light from its southern exposure overlooking a serene, tree-lined street. In addition there are 2 large studios approx. 400sq ft one is rent stabilized and the other rent controlled.
Highlights include a spacious residences, unlimited subletting, pre-war charm, and tons of upside. While all of them would benefit from updates, it has been meticulously maintained, offering the perfect canvas for a savvy buyer to unlock its full value—priced approximately 60% below market!
The building’s superb location in the heart of Hell’s Kitchen places it steps from Columbus Circle, Central Park, Lincoln Center, and Midtown’s vibrant offerings.
Currently 3 out of the 5 are rented, this 5 unit sale represents an outstanding investment opportunity in one of Manhattan’s most desirable neighborhoods.
Contact us today to schedule your private showing or learn more!
Property Facts
| Price | $1,485,000 | Status | Active |
| Price / SF | $114.89 / SF | Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.10% | Total Building Size | 12,925 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.06 AC |
| Price | $1,485,000 |
| Price / SF | $114.89 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 5.10% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,925 SF |
| Total Land Area | 0.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 433 W 54th St, 1st Floor - Unit multi, New York, NY 10019 | Flex Condo | 2,500 SF | 1920 | - |
| 433 W 54th St, New York, NY 10019 | Multifamily | 10,425 SF | 1920 | - |
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433 West 54st St - 5 sponsor units
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