433 West 54st St - 5 sponsor units Multi-Family FOR SALE


New York, NY
$1,485,000 USD
646-664-1552
, New York, NY for Sale
$1,485,000 USD
Multi-Family - FOR SALE
1/12
null | 4.3% Cap Rate

433 West 54st St - 5 sponsor units
New York, NY


HIGHLIGHTS

  • Desirable and In-Demand Location in Midtown West
  • Great Way to Off Set Passive Real Estate Income
  • 60% Below Market Value

OVERVIEW

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!

ASK ABOUT THIS PROPERTY

David BergerCompassMore Info
646-664-1552

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David BergerCompassMore Info
646-664-1552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.