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Residential Income Apartment with City Views

400 5TH Avenue 45B, New York City, NY 10018

For Sale
$1,450,000

Tenant occupancy extends through September 2028 in a one-bedroom home with in-unit laundry and central air conditioning.

Property Size806 SF
Price / SF$1,799
Days on Market174

Property Features for 400 5TH Avenue 45B

General Information

Standard status Active
Size 806 SF
Property subtype Apartment

Financials

Gross Income $82,200
Average Monthly Rent $6,850

Units

Unit Mix 1 x 1BR/1.5BA
Multifamily Units 1

Additional Details

Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $21,072

Amenities

full-time doorman service
live-in super
fitness center
landscaped roof deck
courtyard
in-unit washer/dryer
central air conditioning
dishwasher

Building Details

Building Size 806 SF
Year Built 2010
Stories 60
Tenancy Single
Listing Agency: PROMEST
Listed By: Christophe Bourreau
Source: Irynaferenets
Added: May 20 Changed: Nov 7 Last Checked: Nov 9 at 8:50AM

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 PROMEST

Rey
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Investment Insights

Based on property information with market context.

This 806-square-foot apartment occupies the 45th floor and includes one bedroom and 1.5 bathrooms. Hardwood flooring runs throughout, while oversized windows frame Manhattan skyline views, including the Chrysler Building. The kitchen has a dishwasher, and the unit is equipped with central air conditioning and an in-unit washer and dryer. The tenant’s occupancy runs through September 2028.

The residence is in The Residences at 400 Fifth Avenue, a 60-story condominium completed in 2010. Building amenities include full-time doorman service, a live-in superintendent, a fitness center, a landscaped roof deck, and a courtyard. Transit access includes the B, D, F, M, N, Q, R, and W trains at Herald Square and the 7 train at Bryant Park.

Key Highlights

  • 806‑square‑foot residence on the 45th floor
  • One bedroom and 1.5 bathrooms
  • Tenant in place through September 2028

Property Analytics

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Lease Details

1
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,369
Businesses Nearby

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Tenant occupancy extends through September 2028 in a one-bedroom home with in-unit laundry and central air conditioning.
Where is this residential income property located?
The property is located at 400 5TH Avenue 45B New York City, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 806‑square‑foot residence on the 45th floor; One bedroom and 1.5 bathrooms; Tenant in place through September 2028
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