One-Bedroom Residential
425 E 58th Street 20F, Manhattan, NY 10022
For Sale
$1,350,000
A high-floor home pairs separate living and dining areas with a windowed kitchen and in-unit laundry.
Property Size1,400 SF
Price / SF$964.29
Days on Market439
Property Features for 425 E 58th Street 20F
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
24/7 doorman
on-site resident manager
fitness center
concierge mail service
covered garage with valet parking
EV chargers
outdoor park and plaza
bicycle storage
Building Details
Building Size
Year Built
Stories
Listing Agency:
Sothebys International Realty
Listed By:
Maria Bazo
(212) 606-7660
Source:
Archpointadvisory
Added: Aug 28, 2025
Changed: Nov 6
Last Checked: Nov 9 at 6:30AM
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 Sothebys International Realty
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Investment Insights
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Set on the 20th floor, this one-bedroom, one-and-a-half-bath residence has a foyer gallery with custom bookcases and a large living and dining area. North- and east-facing tilt-and-turn windows bring in natural light and frame views of Manhattan, the East River, and the Queensboro Bridge. The home also features nine-foot ceilings, a separate windowed kitchen, a powder room, and a bedroom with custom closets, a built-in vanity, and an en-suite marble bath with a soaking tub. Bosch laundry and central air-conditioning with individual room thermostats are included.
The Sovereign is a 48-story building completed in 1975, with 348 residences. Building amenities include a full-time doorman, resident manager, fitness center, concierge mail service, covered garage with valet parking and EV chargers, outdoor park and plaza, and bicycle storage. The property is in Sutton Place, with access to the 59th Street Bridge, dining, shopping, Trader Joe’s, and Home Depot. Apartment 20E across the hall is also offered for sale and may be combined with this residence.
The Sovereign is a 48-story building completed in 1975, with 348 residences. Building amenities include a full-time doorman, resident manager, fitness center, concierge mail service, covered garage with valet parking and EV chargers, outdoor park and plaza, and bicycle storage. The property is in Sutton Place, with access to the 59th Street Bridge, dining, shopping, Trader Joe’s, and Home Depot. Apartment 20E across the hall is also offered for sale and may be combined with this residence.
Key Highlights
- One bedroom and one‑and‑a‑half baths on the 20th floor
- North- and east‑facing windows with views of Manhattan, the East River, and the Queensboro Bridge
- Nine‑foot ceilings, a windowed kitchen, Bosch washer/dryer, and central air‑conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,802
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,040
$876.0K
Cap Rate 7%
$625,743
$625.7K
Cap Rate 9%
$486,689
$486.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$83.8K $59.88/SF
− Vacancy
−$4.2K −$2.99/SF
EGI
$79.6K $56.89/SF
− OpEx
−$35.8K −$25.60/SF
NOI
$43.8K $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%
$876,040
Cap Rate 7%
$625,743
Cap Rate 9%
$486,689
Alternative Uses
Best Use
Apartment 5plus
$625.7K
$547.5K – $730.0K
NOI $43,802 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$978.8K
$856.4K – $1.14M
NOI $68,514 @ 7.0% cap · market cap 5.08%
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
27,950
Businesses Nearby
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Business Placement
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
$1,116,700
Median Home Value
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Market
Average Price Trend$/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 - A high-floor home pairs separate living and dining areas with a windowed kitchen and in-unit laundry.
Where is this residential income property located?
The property is located at 425 E 58th Street 20F Manhattan, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: One bedroom and one‑and‑a‑half baths on the 20th floor; North- and east‑facing windows with views of Manhattan, the East River, and the Queensboro Bridge; Nine‑foot ceilings, a windowed kitchen, Bosch washer/dryer, and central air‑conditioning
