Furnished One-Bedroom
55 Wall Street 632, Manhattan, NY 10005
For Sale
$685,000
Open kitchen, stainless steel appliances, and a Bosch stacked washer and dryer support everyday residential use.
Property Size782 SF
Price / SF$875.96
Days on Market557
Property Features for 55 Wall Street 632
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
24-hr doorman concierge
fitness center
landscaped roof deck
Building Details
Building Size
Year Built
Listing Agency:
Carini Group LLC
Listed By:
ALEX CARINI
(917) 833-4388
Source:
Broadwayrealty
Added: May 2, 2025
Changed: Nov 8
Last Checked: Nov 8 at 12:27PM
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 Carini Group LLC
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Investment Insights
Based on property information with market context.
This furnished one-bedroom apartment at 55 Wall Street features mahogany flooring, an open kitchen with stainless steel appliances, and 10-foot ceilings. A Bosch stacked washer and dryer and deep soaking tub add practical in-home amenities. The residence is located in New York City’s Financial District within a building constructed in 1842.
Building services include a 24-hour doorman and concierge, along with access to a fitness center and landscaped roof deck. The combination of furnished accommodations, historic building character, and full-service amenities supports residential income use in a central Manhattan setting.
Building services include a 24-hour doorman and concierge, along with access to a fitness center and landscaped roof deck. The combination of furnished accommodations, historic building character, and full-service amenities supports residential income use in a central Manhattan setting.
Key Highlights
- Furnished one‑bedroom apartment at 55 Wall Street 632, New York City, NY 10005
- Mahogany wood floors and 10 feet ceilings
- Open kitchen with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,467
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,340
$489.3K
Cap Rate 7%
$349,529
$349.5K
Cap Rate 9%
$271,856
$271.9K
Market Conditions
NOI Build-Up for 782 SF
Gross rent
$46.8K $59.88/SF
− Vacancy
−$2.3K −$2.99/SF
EGI
$44.5K $56.89/SF
− OpEx
−$20.0K −$25.60/SF
NOI
$24.5K $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%
$489,340
Cap Rate 7%
$349,529
Cap Rate 9%
$271,856
Alternative Uses
Best Use
Apartment 5plus
$349.5K
$305.8K – $407.8K
NOI $24,467 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$546.7K
$478.4K – $637.8K
NOI $38,270 @ 7.0% cap · market cap 5.59%
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
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
$1,387,200
Median Home Value
Market
Average Price Trend$/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 - Open kitchen, stainless steel appliances, and a Bosch stacked washer and dryer support everyday residential use.
Where is this residential income property located?
The property is located at 55 Wall Street 632 Manhattan, NY.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Furnished one‑bedroom apartment at 55 Wall Street 632, New York City, NY 10005; Mahogany wood floors and 10 feet ceilings; Open kitchen with stainless steel appliances
