High-Floor One-Bedroom Co-Op
425 E 58th Street 21F, Manhattan, NY 10022
For Sale
$1,450,000
High-floor one-bedroom, one-and-a-half-bath home with north and east exposures, central air, and a windowed kitchen.
Property Size1,400 SF
Days on Market439
Property Features for 425 E 58th Street 21F
General Information
Standard status
Size
Property subtype
Amenities
24/7 doorman
on-site resident manager
fitness center
personalized concierge mail service
on-site covered garage with 24/7 valet parking including EV chargers
large outdoor park and plaza
Building Details
Building Size
Year Built
Stories
Listing Agency:
Sothebys International Realty
Listed By:
Maria Bazo
(212) 606-7660
Source:
Tricialee
Added: Aug 28, 2025
Changed: Nov 9
Last Checked: Nov 8 at 3:50PM
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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Perched on the 21st floor of The Sovereign co-op at Sutton Place, this sophisticated one-bedroom, one-and-a-half-bath residence features a gracious foyer gallery with custom bookcases and an expansive living and dining area. Walls of brand-new tilt-and-turn windows frame open north and east exposures, creating an exceptionally bright interior. Ceilings rise to nine feet for added volume and scale.
A windowed kitchen sits just off the living room for an easy flow while keeping the spaces distinct. The generously scaled bedroom is accessed through pocket doors and includes abundant closet space, plus an en-suite marble bath with a soaking tub and separate stall shower. A powder room is currently configured as a storage closet, retaining its original plumbing for straightforward restoration.
The home also includes a Bosch washer/dryer in the kitchen and central air-conditioning with individual thermostats in every room. The Sovereign offers full-time 24/7 doorman service, an on-site resident manager and management team, a fitness center, personalized concierge mail service, and an on-site covered garage with 24/7 valet parking including EV chargers. The building sits among a large outdoor park and plaza and has 348 residences in a 48-story tower.
A windowed kitchen sits just off the living room for an easy flow while keeping the spaces distinct. The generously scaled bedroom is accessed through pocket doors and includes abundant closet space, plus an en-suite marble bath with a soaking tub and separate stall shower. A powder room is currently configured as a storage closet, retaining its original plumbing for straightforward restoration.
The home also includes a Bosch washer/dryer in the kitchen and central air-conditioning with individual thermostats in every room. The Sovereign offers full-time 24/7 doorman service, an on-site resident manager and management team, a fitness center, personalized concierge mail service, and an on-site covered garage with 24/7 valet parking including EV chargers. The building sits among a large outdoor park and plaza and has 348 residences in a 48-story tower.
Key Highlights
- 21st‑floor one‑bedroom, one‑and‑a‑half‑bath layout in The Sovereign co‑op
- North and east exposures with brand‑new tilt‑and‑turn windows
- Nine‑foot ceilings in an expansive living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,802
Cap Rate
3.02%
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 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$978.8K
$856.4K – $1.14M
NOI $68,514 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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 - High-floor one-bedroom, one-and-a-half-bath home with north and east exposures, central air, and a windowed kitchen.
Where is this residential income property located?
The property is located at 425 E 58th Street 21F Manhattan, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 21st‑floor one‑bedroom, one‑and‑a‑half‑bath layout in The Sovereign co‑op; North and east exposures with brand‑new tilt‑and‑turn windows; Nine‑foot ceilings in an expansive living and dining area
