Prewar Residential Income
135 W 58th Street 1-CC, Manhattan, NY 10019
For Sale
$690,000
The residence is leased through April 2027 within a full-service cooperative building.
Property Size750 SF
Price / SF$920
Days on Market150
Property Features for 135 W 58th Street 1-CC
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Tenant in Place
Amenities
doorman
bicycle room
private storage
central laundry
in-unit washer/dryer
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Aba Abraham
Listed By:
Aba Abraham
(929) 350-5323
Source:
Archpointadvisory
Added: Jun 13
Changed: Nov 7
Last Checked: Nov 9 at 1:18PM
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 Aba Abraham
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Investment Insights
Based on property information with market context.
This 750-square-foot prewar residence has a foyer, living room with a wood-burning fireplace, separate dining area, one bedroom, and a kitchen equipped with a dishwasher and gas stove. The bedroom measures approximately 15' x 12'. The apartment is occupied by a tenant through April 2027.
The cooperative building, constructed in 1911, offers a doorman, bicycle room, private storage, and central laundry. In-unit washers and dryers are permitted, and the lobby and hallways have been renovated.
The property is one block from Central Park and near Columbus Circle, with access to 13 subway lines. Carnegie Hall, Lincoln Center, Whole Foods, and Equinox are also identified nearby.
The cooperative building, constructed in 1911, offers a doorman, bicycle room, private storage, and central laundry. In-unit washers and dryers are permitted, and the lobby and hallways have been renovated.
The property is one block from Central Park and near Columbus Circle, with access to 13 subway lines. Carnegie Hall, Lincoln Center, Whole Foods, and Equinox are also identified nearby.
Key Highlights
- 750‑square‑foot prewar residence
- Tenant in place through April 2027
- Bedroom measures approximately 15' x 12'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,465
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,300
$469.3K
Cap Rate 7%
$335,214
$335.2K
Cap Rate 9%
$260,722
$260.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$44.9K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$42.7K $56.89/SF
− OpEx
−$19.2K −$25.60/SF
NOI
$23.5K $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 Rate 5%
$469,300
Cap Rate 7%
$335,214
Cap Rate 9%
$260,722
Alternative Uses
Best Use
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,465 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.3K
$458.8K – $611.7K
NOI $36,704 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,480
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
$1,066,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - The residence is leased through April 2027 within a full-service cooperative building.
Where is this residential income property located?
The property is located at 135 W 58th Street 1-CC Manhattan, NY.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 750‑square‑foot prewar residence; Tenant in place through April 2027; Bedroom measures approximately 15' x 12'
