$1,485,000

Est. Mortgage $0/mo *

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Listing courtesy of Compass Phone: (212) 913-9058

Open House Schedule

01/25/2025
11:45 AM to 1:00 PM
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433 W 54th Street, #MULTI, New York, (Hell's Kitchen), NY, 10019

433 W 54th Street, #MULTI, New York, (Hell's Kitchen), NY, 10019
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5 rooms

5 beds

1920

Walk-Up

2,450 sqft

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.

Status:

Active

Town:

New York

Type:

Coop

Furnished Remarks:

Unfurnished

Laundry Remarks:

Common On Floor,Common Area

Units:

20

Levels:

5

Common Charge:

$5,607 Monthly

Lot Size:

25.000000x100.420000

HOA Fee

$5,607

Pet Policy:

Building Yes, Cats OK, Dogs OK

MLS #:

RLS11025949

Community Info

School Info

Walk Score

Mass Transit

Yelp

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