One-Bedroom Co-op
For Sale
$475,000
400 W 58th Street 5G, New York City, NY 10019
Updated kitchen finishes, building laundry, and a virtual doorman complement this Manhattan residence.
Property Size673 SF
Price / SF$705.79
Days on Market202
Property Features for 400 W 58th Street 5G
General Information
Standard status
Active
Size
673 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
live-in super
laundry facilities
virtual doorman
storage available
Building Details
Building Size
673 SF
Year Built
1956
Listing Agency:
All Area Brokerage Inc
Listed By:
Nadine Persaud
(516) 261-4550
Source:
Howardhannanyc
Added: Mar 18
Changed: Oct 5
Last Checked: Oct 4 at 4:04PM
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
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
Specialty Retail
$1.68M
$1.47M – $1.95M
NOI $117,264 @ 7.0% cap · market cap 24.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,762
Businesses Nearby
Explore this area
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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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 New York City, 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
