Corner Prewar One-Bedroom
446 Central Park W 6D, Manhattan, NY 10025
For Sale
$595,000
Residents may sublet without limits and use the apartment as a pied-à-terre, subject to the building’s stated policies.
Property Size750 SF
Price / SF$793.33
Days on Market167
Property Features for 446 Central Park W 6D
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
virtual doorman
live-in superintendent
resident storage
central laundry
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Philip H Reynolds · License NY #10401251594
(832) 715-5497
Source:
Irynaferenets
Added: May 27
Changed: Nov 8
Last Checked: Nov 9 at 2:06PM
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 750-square-foot corner apartment is in a prewar building completed in 1920. The one-bedroom home has 10-foot ceilings, refinished hardwood flooring, picture-frame molding and an entry foyer. Its updated kitchen has a window, farmhouse sink, Forno range and a drop-leaf table; the bathroom includes a walk-in rainfall shower. The bedroom accommodates a king-sized bed, and through-wall air conditioning leaves the windows unobstructed. In-unit washer and dryer installation is permitted.
Building features include an elevator, Butterfly Virtual Doorman, live-in superintendent, resident storage and central laundry. Pets are allowed, with dogs subject to board approval and a weight limit. Ownership policies allow unlimited subletting, pied-à-terre use, co-purchasing, gifting and guarantors. The address is across from Central Park, near the B, C, 1, 2 and 3 trains, Columbus Square, Whole Foods, and Upper West Side dining and shopping.
Building features include an elevator, Butterfly Virtual Doorman, live-in superintendent, resident storage and central laundry. Pets are allowed, with dogs subject to board approval and a weight limit. Ownership policies allow unlimited subletting, pied-à-terre use, co-purchasing, gifting and guarantors. The address is across from Central Park, near the B, C, 1, 2 and 3 trains, Columbus Square, Whole Foods, and Upper West Side dining and shopping.
Key Highlights
- 750‑square‑foot corner apartment in a 1920 prewar building
- 10‑foot ceilings, refinished hardwood floors and picture‑frame molding
- Windowed kitchen with farmhouse sink, Forno range and drop‑leaf table
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,688
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,760
$493.8K
Cap Rate 7%
$352,686
$352.7K
Cap Rate 9%
$274,311
$274.3K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$47.3K $63.00/SF
− Vacancy
−$2.4K −$3.15/SF
EGI
$44.9K $59.85/SF
− OpEx
−$20.2K −$26.93/SF
NOI
$24.7K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,760
Cap Rate 7%
$352,686
Cap Rate 9%
$274,311
Alternative Uses
Best Use
Apartment 5plus
$352.7K
$308.6K – $411.5K
NOI $24,688 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$533.3K
$466.6K – $622.1K
NOI $37,328 @ 7.0% cap · market cap 6.27%
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
11,358
Businesses Nearby
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Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Market
Average Price Trend$/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 - Residents may sublet without limits and use the apartment as a pied-à-terre, subject to the building’s stated policies.
Where is this residential income property located?
The property is located at 446 Central Park W 6D Manhattan, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 750‑square‑foot corner apartment in a 1920 prewar building; 10‑foot ceilings, refinished hardwood floors and picture‑frame molding; Windowed kitchen with farmhouse sink, Forno range and drop‑leaf table
