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Two-Bedroom Residential Income Property
For Sale
$1,095,000

400 E 56TH Street 7P, New York City, NY 10022

A split-bedroom layout, south-facing balcony, and adaptable dining room add flexibility to this cooperative residence.

Property SizeContact for details
Days on Market16

Property Features for 400 E 56TH Street 7P

General Information

Standard status Active
Property subtype Apartment

Units

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

Amenities

south-facing balcony
fitness center
laundry room
children's playroom
package room
bike room (fee)
storage (fee)
Skytop Lounge
rooftop retreat
heated outdoor swimming pool (fee)
furnished deck

Building Details

Year Built 1969
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Emma R Kerins
Source: Miradorrealestate
Added: Sep 23 Changed: Oct 7 Last Checked: Oct 7 at 3:07PM

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 Brown Harris Stevens Residential Sales LLC

Investment Insights

Based on property information with market context.

This 1969 cooperative residence has two bedrooms and two bathrooms, with a foyer, expansive living room, separate dining area, and windowed kitchen. The dining room has its own HVAC unit and can also serve as a home office or be converted to a third bedroom. A split-bedroom arrangement places the second bedroom apart from the primary suite. The primary bedroom has a renovated en-suite bathroom; the second bathroom and kitchen are well maintained. Southern and eastern exposures, high ceilings, through-wall air conditioning, six closets, and a south-facing balcony round out the interior features.

Plaza 400 offers a fitness center, laundry room, children's playroom, package room, bike room and storage for a fee, plus an on-site valet garage with reduced resident rates. The building's rooftop includes a furnished deck and heated outdoor pool, available for a fee. Utilities are included in maintenance. The cooperative permits subletting for three out of five years after three years of residency; financing is limited to 70%, and a 2% flip tax is payable by the buyer. Washer/dryers are not permitted.

Key Highlights

  • Two bedrooms and two bathrooms in a split‑bedroom layout
  • South‑facing balcony; southern and eastern exposures
  • Separate dining room with its own HVAC unit and potential for office use or conversion to a third bedroom

Property Analytics

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Current Use

Marcelle Design, Inc. Marketing & Advertising Hell's Kitchen Barbers Barber Shop Hemisphere Hospitality Hotel & Motel Pinsky Carl M ... Physician Worthington Joseph DDS Dental Office

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Buffet (Bike/Boat/Book/etc) Store 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

27,619
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - A split-bedroom layout, south-facing balcony, and adaptable dining room add flexibility to this cooperative residence.
Where is this residential income property located?
The property is located at 400 E 56TH Street 7P New York City, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a split‑bedroom layout; South‑facing balcony; southern and eastern exposures; Separate dining room with its own HVAC unit and potential for office use or conversion to a third bedroom
More about this property
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