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Residential Income Property with Renovated Residence

400 E 59th Street 5F, Manhattan, NY 10022

For Sale
$1,425,000

A two-suite residence pairs restored prewar details with an updated kitchen and windowed baths.

Property SizeContact for details
Days on Market25

Property Features for 400 E 59th Street 5F

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

full-service
courtyard garden
bike room
laundry room
storage rooms
pet-friendly

Building Details

Year Built 1929
Listing Agency: Compass
Listed By: Brian K Lewis · License NY 30LE0903569
Source: Bondnyre
Added: Oct 16 Changed: Nov 7 Last Checked: Nov 8 at 2:53PM

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.

This residence in a 1929 building has two bedroom suites, a marble entry foyer, and a living room with a decorative fireplace and 10.5-foot beamed ceilings. Restored oak herringbone floors and through-wall air-conditioning complement the updated finishes. The windowed kitchen includes custom cabinetry, marble counters, and an eat-in area; both bedroom suites have en-suite marble bathrooms, and the guest suite includes a washer and dryer.

The living room’s trio of windows provides bridge and skyline views, while the kitchen and guest bedroom overlook a private garden. The building has full-service staff, a resident superintendent, and planted courtyard garden, along with bike, laundry, and storage rooms. Pets and pied-à-terre use are allowed. Maintenance includes electricity and basic cable.

Key Highlights

  • Two bedroom suites, each with an en‑suite marble bathroom
  • 10.5‑foot beamed ceilings, restored oak herringbone floors, and a decorative fireplace
  • Updated windowed kitchen with custom cabinetry and marble counters

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

29,944
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

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 - A two-suite residence pairs restored prewar details with an updated kitchen and windowed baths.
Where is this residential income property located?
The property is located at 400 E 59th Street 5F Manhattan, NY.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Two bedroom suites, each with an en‑suite marble bathroom; 10.5‑foot beamed ceilings, restored oak herringbone floors, and a decorative fireplace; Updated windowed kitchen with custom cabinetry and marble counters
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