433 West 54st St - 3 sponsor units 3 Flex Condos Offered at $1,053,000 in New York, NY
INVESTMENT HIGHLIGHTS
- Desirable and In-Demand Location in Midtown West
- 4% 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 free market 3 sponsor units(no board approval)offers 3 one bedroom residences, approx. 600 Sq Ft.(~1,800 Sq Tt.)Total 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.
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 40% 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.
All 3 will be delivered vacant, this 3 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 free market 3 sponsor units(no board approval)offers 3 one bedroom residences, approx. 600 Sq Ft.(~1,800 Sq Tt.)Total 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.
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 40% 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.
All 3 will be delivered vacant, this 3 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!
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,053,000 |
| Price / SF | $658.13 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.10% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 1,600 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 433 W 54th St, 4th Floor - Unit 20, New York, NY 10019 | Flex Condo | 550 SF | 1920 | - |
| 433 W 54th St, 2nd Floor - Unit 9, New York, NY 10019 | Flex Condo | 500 SF | 1920 | - |
| 433 W 54th St, 3rd Floor - Unit 16, New York, NY 10019 | Flex Condo | 550 SF | 1920 | - |
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