Log In/Sign Up
Your email has been sent.
43-45 W 55th St 11 Unit Apartment Building $15,000,000 ($1,363,636/Unit) 4.94% Cap Rate New York, NY 10019
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic.
EXECUTIVE SUMMARY
Location: Prime Midtown Manhattan between 5th and 6th Avenue
Projected CAP rate: 4.94%
Type: 5-story mixed-use elevator building
Residential Units: 11 total (8 Free Market, 3 Rent Stabilized)
Retail Units: 3 storefronts
2nd Floor Restaurant Space: Currently vacant.
Air Rights: 15,436 SF available—significant potential for upward expansion or sale
Current CAP Rate: 3.9%
Projected CAP Rate (with 2nd floor leased): 5.1%
Projected CAP rate: 4.94%
Type: 5-story mixed-use elevator building
Residential Units: 11 total (8 Free Market, 3 Rent Stabilized)
Retail Units: 3 storefronts
2nd Floor Restaurant Space: Currently vacant.
Air Rights: 15,436 SF available—significant potential for upward expansion or sale
Current CAP Rate: 3.9%
Projected CAP Rate (with 2nd floor leased): 5.1%
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 500 - 696 |
| 1+1 | 4 | - | 560 - 710 |
| 2+2 | 2 | - | 750 - 860 |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 1271-0015 | Improvements Assessment | $1,564,470 |
| Land Assessment | $1,003,500 | Total Assessment | $2,567,970 |
PROPERTY TAXES
Parcel Number
1271-0015
Land Assessment
$1,003,500
Improvements Assessment
$1,564,470
Total Assessment
$2,567,970
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
New York Zone Property Inc
43-45 W 55th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.