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Corner Studio Residential Income Property
New
For Sale
$587,500

350 W 50TH Street 4K, New York City, NY 10019

Distinct living and sleeping areas, four closets and a galley kitchen make efficient use of the interior.

Property Size491 SF
Price / SF$1,196
Days on Market2

Property Features for 350 W 50TH Street 4K

General Information

Standard status Active
Size 491 SF
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,876

Amenities

24-hour doorman
concierge
live-in superintendent
resident manager
laundry rooms
courtyard
roof decks
gym
saltwater pool
sauna
exercise studio

Building Details

Building Size 491 SF
Year Built 1988
Listing Agency: Corcoran Group
Listed By: Avi Levi-Braha · License #10401268045
Source: Lenasimpson
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 2:05PM

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 Corcoran Group

Investment Insights

Based on property information with market context.

This 491-square-foot corner studio at One World Plaza has south- and west-facing window exposures, separate living and sleeping areas, and four closets. The galley kitchen includes a gas range and refrigerator, while the bathroom has a soaking tub. The residence was built in 1988.

Building services include a 24-hour doorman, concierge, live-in superintendent and resident manager. Residents have access to eight laundry rooms, a courtyard, four roof decks and an on-site garage. TMPL gym access includes a saltwater pool, sauna and exercise studio, with flexible membership options.

Key Highlights

  • 491‑square‑foot corner studio with south- and west‑facing exposures
  • Separate living and sleeping areas with four closets
  • Galley kitchen with gas range and refrigerator; bathroom has a soaking tub

Property Analytics

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Current Use

Patricia Weltman LCSW-R Marriage Or Relationship Counselor 5 Exclusive Mansions Wedding Service Litigation Strategies Ltd Law Firm Darkside Film Production Louis Levin Management Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Nursing Home Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

38,138
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Distinct living and sleeping areas, four closets and a galley kitchen make efficient use of the interior.
Where is this residential income property located?
The property is located at 350 W 50TH Street 4K New York City, NY.
What is the asking price?
The asking price for this property is $587,500.
What are key features of this property?
This property features: 491‑square‑foot corner studio with south- and west‑facing exposures; Separate living and sleeping areas with four closets; Galley kitchen with gas range and refrigerator; bathroom has a soaking tub
More about this property
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