Five-Story Walk-Up Apartment
For Sale
Contact for pricing
357 W 54th St, New York, NY 10019
21-unit walk-up building with 18 fair-market and 3 rent-stabilized apartments, offering renovation potential.
Property SizeContact for details
Days on Market145
Property Features for 357 W 54th St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
21
Building Details
Stories
5
Listing Agency:
Misrahi Realty Group
Listed By:
Lorence Dippolito · License #ny 10401228586
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:20PM
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 Misrahi Realty Group
Investment Insights
Based on property information with market context.
This five-story walk-up apartment building contains 21 residential apartments, including 18 fair-market units and 3 units subject to rent stabilization. The building features hallways and apartments that can be renovated, with the potential to add in-unit amenities such as washer/dryers and dishwashers to support the rent profile. Additional FAR may also allow for duplexing the top floor units.
The property is located on the north side of 54th Street between 8th Avenue and 9th Avenue in Midtown West. It is about one avenue from the 50th Street C & E train stop, placing it near major Midtown destinations including the theater district. It is also near Fordham University and The Juilliard School, with Central Park within walking distance.
The building is well-suited for buyers seeking a multifamily asset with existing income and practical opportunities to improve unit features and reconfigure the top floor subject to available floor area.
The property is located on the north side of 54th Street between 8th Avenue and 9th Avenue in Midtown West. It is about one avenue from the 50th Street C & E train stop, placing it near major Midtown destinations including the theater district. It is also near Fordham University and The Juilliard School, with Central Park within walking distance.
The building is well-suited for buyers seeking a multifamily asset with existing income and practical opportunities to improve unit features and reconfigure the top floor subject to available floor area.
Key Highlights
- Five‑story walk‑up apartment building with 21 residential apartments
- Unit mix: 18 fair‑market apartments and 3 apartments subject to rent stabilization
- Renovation potential for building halls and apartments, including installing washer/dryers and dishwashers
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
6,087
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 21-unit walk-up building with 18 fair-market and 3 rent-stabilized apartments, offering renovation potential.
Where is this apartment building located?
The property is located at 357 W 54th St New York, NY.
What are key features of this property?
This property features: Five‑story walk‑up apartment building with 21 residential apartments; Unit mix: 18 fair‑market apartments and 3 apartments subject to rent stabilization; Renovation potential for building halls and apartments, including installing washer/dryers and dishwashers
