257 W 55th St New York, NY 10019

Listing agency RI Manhattan Realty Show Phone

Listed by Robert Isaacs · License #NY

Source Crexi

Added: Apr 11 Updated: Jul 21 at 8:43PM Checked: Jul 21 at 8:43PM

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Investment Insights

Based on property information with market context.

The property is a seven-story mixed-use building offering eight large, recently renovated one-bedroom units, each individually metered for heat and electric. One penthouse unit is currently vacant, and the remaining seven units include two month-to-month tenants. Lease expiration dates are noted for four units expiring on 12.12 and one unit set to expire on 4.13. All units are described as free-market.

The offering is positioned as a live-plus-income structure with projected gross annual income of $578,400 and a projected NOI of $406,155.

The building is approximately 25 feet wide and includes a total size of 13,725 square feet, providing a compact vertical setup for residential income within the mixed-use format.

Key Highlights

• Approximately 13,725 SF seven‑story mixed‑use building with eight one‑bedroom units
• Eight recently renovated one‑bedroom units are individually metered for heat and electric
• One penthouse unit is currently vacant; remaining units include month‑to‑month and leased tenants

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FAQs

What type of property is this?

Apartment building - Seven-story mixed-use building with eight renovated, individually metered one-bedroom units and one currently vacant penthouse.

Where is this apartment building located?

The property is located at 257 W 55th St New York, NY.

What are key features of this property?

This property features: Approximately 13,725 SF seven‑story mixed‑use building with eight one‑bedroom units; Eight recently renovated one‑bedroom units are individually metered for heat and electric; One penthouse unit is currently vacant; remaining units include month‑to‑month and leased tenants