Private-Balcony
454 W 54TH Street 4F, Manhattan, NY 10019
For Sale
$950,000
A private outdoor balcony complements the residence’s custom kitchen cabinetry and in-unit laundry.
Property Size854 SF
Price / SF$1,112
Days on Market36
Property Features for 454 W 54TH Street 4F
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
in-unit washer/dryer
private storage
fitness center
courtyard
cold storage
lobby attendant
porter
live-in superintendent
Building Details
Building Size
Year Built
Listing Agency:
The Agency Brokerage
Listed By:
Nora Kistler
(408) 931-3652
Source:
Irynaferenets
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 9 at 8:54AM
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 The Agency Brokerage
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Investment Insights
Based on property information with market context.
This 854-square-foot apartment, in a building constructed in 2010, has oak flooring throughout and a kitchen with Poggenpohl cabinetry and a Viking range. The primary bathroom includes heated floors and a steam shower; the suite also has a walk-in closet. A washer and dryer are located in the unit, and the residence includes additional private storage and a balcony.
Building amenities include a fitness center, an 8,000-square-foot courtyard, cold storage, and a full-time lobby attendant, porter, and live-in superintendent. A CVS is in the building. Central Park, Columbus Circle, Lincoln Center, Whole Foods, D’Agostino, and Amish Market are nearby. Subway service includes the N, Q, R, 1, A, C, E, B, and D lines; M11, M31, and M57 buses also serve the area.
Building amenities include a fitness center, an 8,000-square-foot courtyard, cold storage, and a full-time lobby attendant, porter, and live-in superintendent. A CVS is in the building. Central Park, Columbus Circle, Lincoln Center, Whole Foods, D’Agostino, and Amish Market are nearby. Subway service includes the N, Q, R, 1, A, C, E, B, and D lines; M11, M31, and M57 buses also serve the area.
Key Highlights
- 854‑square‑foot apartment with a private balcony
- Poggenpohl kitchen cabinetry and Viking range
- Primary bathroom has heated floors and a steam shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,719
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,380
$534.4K
Cap Rate 7%
$381,700
$381.7K
Cap Rate 9%
$296,878
$296.9K
Market Conditions
NOI Build-Up for 854 SF
Gross rent
$51.1K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$48.6K $56.89/SF
− OpEx
−$21.9K −$25.60/SF
NOI
$26.7K $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%
$534,380
Cap Rate 7%
$381,700
Cap Rate 9%
$296,878
Alternative Uses
Best Use
Apartment 5plus
$381.7K
$334.0K – $445.3K
NOI $26,719 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.0K
$522.4K – $696.6K
NOI $41,793 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
23,121
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
$1,066,100
Median Home Value
Market
Average Price Trend$/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 private outdoor balcony complements the residence’s custom kitchen cabinetry and in-unit laundry.
Where is this residential income property located?
The property is located at 454 W 54TH Street 4F Manhattan, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 854‑square‑foot apartment with a private balcony; Poggenpohl kitchen cabinetry and Viking range; Primary bathroom has heated floors and a steam shower
