One-Bedroom Co-op
400 W 58th Street 5G, Manhattan, NY 10019
For Sale
$475,000
Updated kitchen finishes, building laundry, and a virtual doorman complement this Manhattan residence.
Property Size673 SF
Price / SF$705.79
Days on Market237
Property Features for 400 W 58th Street 5G
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
live-in super
laundry facilities
virtual doorman
storage available
Building Details
Building Size
Year Built
Listing Agency:
All Area Brokerage Inc
Listed By:
Nadine Persaud
(516) 261-4550
Source:
Howardhannanyc
Added: Mar 18
Changed: Nov 1
Last Checked: Nov 8 at 2:33PM
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 All Area Brokerage Inc
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Investment Insights
Based on property information with market context.
This 673-square-foot, one-bedroom co-op apartment has hardwood floors, granite countertops, and stainless steel kitchen appliances. The building, completed in 1956, has a live-in superintendent, laundry facilities, and a Butterfly virtual doorman. Storage is available through a waitlist.
The residence at 400 W 58th Street is near Central Park, Lincoln Center, Broadway theaters, and the Time Warner Center. Subway service includes the A, C, E, N, Q, R, and W lines, with the Midtown Bus Terminal also nearby.
Building policies allow pied-à-terre use, pets, co-purchasing, and gifting. Subletting is permitted after five years. Heat, hot water, and real estate taxes are included in monthly maintenance; gas and electricity are separately metered.
The residence at 400 W 58th Street is near Central Park, Lincoln Center, Broadway theaters, and the Time Warner Center. Subway service includes the A, C, E, N, Q, R, and W lines, with the Midtown Bus Terminal also nearby.
Building policies allow pied-à-terre use, pets, co-purchasing, and gifting. Subletting is permitted after five years. Heat, hot water, and real estate taxes are included in monthly maintenance; gas and electricity are separately metered.
Key Highlights
- 673‑square‑foot, one‑bedroom co‑op apartment
- Hardwood floors, granite countertops, and stainless steel kitchen appliances
- Building amenities include laundry facilities, a live‑in superintendent, and a Butterfly virtual doorman
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,056
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,120
$421.1K
Cap Rate 7%
$300,800
$300.8K
Cap Rate 9%
$233,956
$234.0K
Market Conditions
NOI Build-Up for 673 SF
Gross rent
$40.3K $59.88/SF
− Vacancy
−$2.0K −$2.99/SF
EGI
$38.3K $56.89/SF
− OpEx
−$17.2K −$25.60/SF
NOI
$21.1K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,120
Cap Rate 7%
$300,800
Cap Rate 9%
$233,956
Alternative Uses
Best Use
Apartment 5plus
$300.8K
$263.2K – $350.9K
NOI $21,056 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.5K
$411.7K – $548.9K
NOI $32,936 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,762
Businesses Nearby
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Business Placement
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
$1,066,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen finishes, building laundry, and a virtual doorman complement this Manhattan residence.
Where is this residential income property located?
The property is located at 400 W 58th Street 5G Manhattan, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 673‑square‑foot, one‑bedroom co‑op apartment; Hardwood floors, granite countertops, and stainless steel kitchen appliances; Building amenities include laundry facilities, a live‑in superintendent, and a Butterfly virtual doorman
