Corner Residential Income
For Sale
$750,000
55 Wall Street 600, New York City, NY 10005
Open-plan residence with oversized windows, en-suite spa bathroom, in-unit laundry, and full-service building amenities.
Property Size1,279 SF
Price / SF$586.40
Days on Market92
Property Features for 55 Wall Street 600
General Information
Standard status
Active
Size
1,279 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$29,376
Amenities
24-hour doorman
concierge
fitness center
business center
valet parking
landscaped courtyard
rooftop garden
butler service
housekeeping service
washer/dryer
private storage
dry cleaning and laundry services
personal shopping
lifestyle consulting
flowers and plant care
fresh flower service
dog-sitting
animal grooming
child care
packing and unpacking
newspaper delivery
Building Details
Building Size
1,279 SF
Year Built
1842
Construction
Classical Beaux-Arts
Listing Agency:
R New York
Listed By:
Sanna Iriti
(212) 688-1000
Source:
Broadwayrealty
Added: Jul 9
Changed: Sep 30
Last Checked: Oct 7 at 5:11PM
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 R New York
Investment Insights
Based on property information with market context.
This one-bedroom corner residence at 55 Wall Street occupies a condominium building completed in 1842. The layout combines living and dining areas with an open kitchen, while oversized windows frame historic Roman columns. The bedroom includes an en-suite bathroom with a Jacuzzi tub, separate shower, marble tile, and custom detailing. A washer and dryer are located within the apartment.
Building services include a 24-hour doorman, lobby attendant, concierge, fitness center, business center, valet parking, landscaped courtyard, and rooftop garden. Additional services include housekeeping, butler assistance, dry cleaning, private storage, grocery and delivery support, and pet and childcare services. The property is in New York City's Financial District, near Tiffany, Hermes, Reserve Cut, Bobby Van's Grill, Stone Street, and the South Seaport.
Building services include a 24-hour doorman, lobby attendant, concierge, fitness center, business center, valet parking, landscaped courtyard, and rooftop garden. Additional services include housekeeping, butler assistance, dry cleaning, private storage, grocery and delivery support, and pet and childcare services. The property is in New York City's Financial District, near Tiffany, Hermes, Reserve Cut, Bobby Van's Grill, Stone Street, and the South Seaport.
Key Highlights
- One‑bedroom corner residence at 55 Wall Street, New York City, NY 10005
- Condominium building completed in 1842
- Open kitchen and living‑dining plan with oversized windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,016
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,320
$800.3K
Cap Rate 7%
$571,657
$571.7K
Cap Rate 9%
$444,622
$444.6K
Market Conditions
NOI Build-Up for 1,279 SF
Gross rent
$76.6K $59.88/SF
− Vacancy
−$3.8K −$2.99/SF
EGI
$72.8K $56.89/SF
− OpEx
−$32.7K −$25.60/SF
NOI
$40.0K $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%
$800,320
Cap Rate 7%
$571,657
Cap Rate 9%
$444,622
Alternative Uses
Best Use
Apartment 5plus
$571.7K
$500.2K – $666.9K
NOI $40,016 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.18M
$2.79M – $3.71M
NOI $222,853 @ 7.0% cap · market cap 29.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
27,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 10005, NY
10,639
Population
6,495
Households
1.6
Avg Household Size
31
Median Age
84%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
106,390
Density / Sq Mi
$211,810
Median Household Income
$133,727
Median Earnings
$3,501
Median Rent
$1,387,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Open-plan residence with oversized windows, en-suite spa bathroom, in-unit laundry, and full-service building amenities.
Where is this residential income property located?
The property is located at 55 Wall Street 600 New York City, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: One‑bedroom corner residence at 55 Wall Street, New York City, NY 10005; Condominium building completed in 1842; Open kitchen and living‑dining plan with oversized windows
