$1,485,000
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433 W 54th St Unit MULTI New York, NY 10019
Apartment
Residence
5
Beds
5
Baths
...
Bed/Bath
2,450
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Presenting the perfect investment opportunity in a boutique pre-war gem in Hell's Kitchen. Nestled in a charming boutique pre-war and flexible co-op at 433 West 54th Street, are 5 sponsor units (no board approval). Three are one bedroom market rate units with approximately 600 sq ft of classic NYC... elegance with unlimited potential. Featuring original pre-war details like exposed brick and hardwood floors, these units boast functional layouts filled with natural light and both Southern and Northern exposures overlooking a serene, tree-line street. To add to the portfolio, there are 2 large studios approximately 400sq ft each. One is rent stabilized and the other is rent controlled. Highlights include spacious residences, unlimited subletting, pre-war charm with high ceilings and tons of upside. While all of them would benefit from updates, they have been meticulously maintained, offering the perfect canvas for a savy buyer to unlock its full value-priced approximately 60% below market value. The building's supurb 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 desireable neighborhoods. Contact us today to schedule your private showing or learn more.
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MLS#
COMP-173508736295637
Property Type
Apartment
Bedrooms
5
Bathrooms
Year Built
1920
HOA Fee
$5,607
Monthly
Square Feet
2,450
sq. ft
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