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Two-Bedroom Residential Income Property

159 W 53rd Street 38GH, Manhattan, NY 10019

For Sale
$1,995,000

A west-facing terrace, windowed kitchen, and flexible bonus room complement the two-bedroom layout.

Property Size1,700 SF
Price / SF$1,173
Days on Market57

Property Features for 159 W 53rd Street 38GH

General Information

Standard status Active
Size 1,700 SF
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $37,656

Amenities

full-time doorman
concierge
live-in superintendent
laundry
on-site parking
landscaped roof deck
pet-friendly

Building Details

Building Size 1,700 SF
Year Built 1968
Listing Agency: Compass
Listed By: Sangmi Park
Source: Irynaferenets
Added: Sep 14 Changed: Nov 8 Last Checked: Nov 9 at 7:17AM

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 Compass

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Investment Insights

Based on property information with market context.

This two-bedroom, two-bath residence has a foyer leading to a combined living and dining area with access to a west-facing terrace. The primary bedroom includes an en-suite bath and closet; the second bedroom has southern exposure and sits beside the other bathroom. A windowed kitchen features stainless steel appliances and cabinetry, while a separate bonus room can serve as an office, dining area, or additional bedroom.

The condominium has a full-time doorman and concierge, a live-in superintendent, laundry facilities, on-site parking, and a landscaped roof deck. Electric and gas utilities are included. The residence offers views of Central Park, the Hudson River, and Times Square. Central Park, Broadway, shopping, dining, and subway lines are nearby. Pets over 35 pounds are not permitted.

Key Highlights

  • Two bedrooms and two bathrooms, plus a separate bonus room
  • West‑facing terrace with views of Central Park, the Hudson River, and Times Square
  • Windowed kitchen with stainless steel appliances

Property Analytics

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Lease Details

1
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62,083
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A west-facing terrace, windowed kitchen, and flexible bonus room complement the two-bedroom layout.
Where is this residential income property located?
The property is located at 159 W 53rd Street 38GH Manhattan, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms, plus a separate bonus room; West‑facing terrace with views of Central Park, the Hudson River, and Times Square; Windowed kitchen with stainless steel appliances
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