Your email has been sent.
Investment Highlights
- Great Location in Midtown West
- Great Way to Off Set Passive Real Estate Income
- 60% Below Market Value
Executive Summary
Perfect investment opportunity! This oversized alcove studio is almost 600 SF and features a generous layout and gets great light. It faces south and is extremely quiet. It is priced approximately 60% below market value for a smart and savvy buyer. The apartment is in need of some updating but has been meticulously maintained throughout the years. The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home. The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The building has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641.00 per month and the current Common Charges reflect an ongoing assessment of $92.58.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home.
The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The building has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641.00 per month and the current Common Charges reflect an ongoing assessment of $92.58.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3J | 582 SF | Office | $299,000 ($513.75/SF) | - |
Unit 3J
| Unit Size |
| 582 SF |
| Condo Use |
| Office |
| Price |
| $299,000 ($513.75/SF) |
| NOI |
| - |
Unit 3J
| Unit Size | 582 SF |
| Condo Use | Office |
| Price | $299,000 ($513.75/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Perfect investment opportunity! This oversized alcove studio is almost 600 SF and features a generous layout and gets great light. It faces south and is extremely quiet. It is priced approximately 60% below market value for a smart and savvy buyer. The apartment is in need of some updating but has been meticulously maintained throughout the years.<br> <br> The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home.<br> <br> The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The building has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641.00 per month and the current Common Charges reflect an ongoing assessment of $92.58.</li></ul> | |
| Sale Notes | |
| Please note there is an 80 year old tenant in place with a rent stabilized lease. She has the right to renew. Showings can happen once there is an accepted offer and contracts have been sent out.</li></ul> |
Property Facts
| Total Building Size | 527,488 SF | Floors | 19 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 18,738 SF |
| Property Subtype | Apartment | Year Built | 1904 |
| Building Class | B | Lot Size | 1.59 AC |
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Total Building Size | 527,488 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 19 |
| Typical Floor Size | 18,738 SF |
| Year Built | 1904 |
| Lot Size | 1.59 AC |
| Zoning | C6-4 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
Amenities
Site Amenities
- Concierge
- Courtyard
- Laundry Facilities
- Security System
- Doorman
- Package Service
- Trash Pickup - Curbside
- Bicycle Storage
- Conference Rooms
- Elevator
- Lounge
- Sundeck
- Zen Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 192 | - | 300 - 500 |
| 1+1 | 192 | - | 500 - 700 |
| 2+1 | 191 | - | 800 - 1,200 |
Presented by
332-350 W 57th St - Parc Vendome
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.





