Studio Residential Income
For Sale
$670,000
100 W 58TH Street 5A, New York City, NY 10019
Tenant-occupied studio condominium with upgraded finishes, full-service building amenities, and an open kitchen layout.
Property Size601 SF
Price / SF$1,114
Days on Market352
Property Features for 100 W 58TH Street 5A
General Information
Standard status
Active
Size
601 SF
Property subtype
Apartment
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
24-hour doorman
concierge
porters
superintendent onsite
fitness center
roof top terrace
Building Details
Building Size
601 SF
Year Built
1926
Year Renovated
2005
Tenancy
Single
Listing Agency:
Brown Harris Stevens Residential Sales LLC
(212) 381-3304
Listed By:
Edwin R Josue
(212) 381-3304
Source:
Tricialee
Added: Aug 25, 2025
Changed: Aug 8
Last Checked: Aug 10 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Residential Sales LLC
Investment Insights
Based on property information with market context.
This residential income property is a 601-square-foot studio condominium at Windsor Park, a converted condominium building. The residence features an open kitchen, living and dining areas, a Sub-Zero refrigerator, Bosch and Viking appliances, and an in-unit washer and dryer. The bathroom includes marble and granite finishes, a soaking tub, and Dornbracht fixtures. Tenants are in place through July 14, 2026.
Building services and amenities include a 24-hour doorman, concierge, porters, an onsite superintendent, fitness center, and rooftop terrace. The property is located at 100 W 58TH Street in New York City, directly south of Central Park and one block from Fifth Avenue shopping, restaurants, subway access, and other transportation options.
Building services and amenities include a 24-hour doorman, concierge, porters, an onsite superintendent, fitness center, and rooftop terrace. The property is located at 100 W 58TH Street in New York City, directly south of Central Park and one block from Fifth Avenue shopping, restaurants, subway access, and other transportation options.
Key Highlights
- 601 SF studio condominium with tenant in place through July 14, 2026
- Open kitchen with Sub‑Zero refrigerator and Bosch and Viking appliances
- Marble and granite bathroom with soaking tub and Dornbracht fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,804
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$376,080
$376.1K
Cap Rate 7%
$268,629
$268.6K
Cap Rate 9%
$208,933
$208.9K
Market Conditions
NOI Build-Up for 601 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.0K $59.88/SF
− Vacancy
−$1.8K −$2.99/SF
EGI
$34.2K $56.89/SF
− OpEx
−$15.4K −$25.60/SF
NOI
$18.8K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$376,080
Cap Rate 7%
$268,629
Cap Rate 9%
$208,933
Alternative Uses
Best Use
Apartment 5plus
$268.6K
$235.1K – $313.4K
NOI $18,804 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,718 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
51,761
Businesses Nearby
Explore this area
Business Placement
Demographics for 10019, NY
49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Tenant-occupied studio condominium with upgraded finishes, full-service building amenities, and an open kitchen layout.
Where is this residential income property located?
The property is located at 100 W 58TH Street 5A New York City, NY.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: 601 SF studio condominium with tenant in place through July 14, 2026; Open kitchen with Sub‑Zero refrigerator and Bosch and Viking appliances; Marble and granite bathroom with soaking tub and Dornbracht fixtures
