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One-Bedroom Residential Income Property

200 W 54th Street 9C, Manhattan, NY 10019

For Sale
$650,000
Pending

Prewar cooperative residence with a windowed kitchen, abundant closets, and full-service building amenities.

Property Size750 SF
Days on Market63

Property Features for 200 W 54th Street 9C

General Information

Standard status Pending
Size 750 SF
Property subtype Apartment

Units

Unit Mix 1 x one-bedroom
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

full-time doorman
full-time superintendent
bike storage
renovated laundry room

Building Details

Building Size 750 SF
Year Built 1912
Construction Viennese Secessionist
Listing Agency: Compass
Listed By: Anne Hyun Jin Kim
Source: Lenasimpson
Added: Sep 8 Changed: Nov 5 Last Checked: Nov 8 at 3:54PM

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.

Residence 9C at The Adlon is a one-bedroom cooperative home with a welcoming entry foyer, a large walk-in closet, and space suitable for a workstation. The living and dining room features 9.5-foot ceilings, original parquet flooring, and preserved prewar architectural details. A separate windowed kitchen includes stainless steel appliances, custom cabinetry, and substantial storage. The bedroom accommodates a king-size bed and receives eastern light, while the windowed bathroom includes a cast-iron soaking tub. Windows are present in every room, and washer/dryer installation is permitted subject to building approval.

Completed in 1912 and designed by George & Edward Blum, the building is a full-service cooperative with a full-time doorman, full-time superintendent, bike storage, and a renovated basement laundry room. The property is located at 200 West 54th Street in Midtown Manhattan, near Central Park, Carnegie Hall, MoMA, Lincoln Center, the Theater District, Columbus Circle, Whole Foods, dining, shopping, and multiple subway lines. Building policies permit up to 80% financing, pets, pieds-à-terre, co-purchasing, and subletting; the building is non-smoking.

Key Highlights

  • One‑bedroom residence with 9.5‑foot ceilings and original parquet floors
  • Separate windowed kitchen with stainless steel appliances and custom cabinetry
  • Windows in every room, including the kitchen and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,465
Cap Rate
3.61%
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 (±1% cap)
NOI $23,465 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.3K
$458.8K – $611.7K (±1% cap)
NOI $36,704 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

57,003
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

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 - Prewar cooperative residence with a windowed kitchen, abundant closets, and full-service building amenities.
Where is this residential income property located?
The property is located at 200 W 54th Street 9C Manhattan, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: One‑bedroom residence with 9.5‑foot ceilings and original parquet floors; Separate windowed kitchen with stainless steel appliances and custom cabinetry; Windows in every room, including the kitchen and bathroom
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