25 54Th St New York, NY 10019
- Office Properties & Spaces
Current Use by Public Records
- Chácara Três Irmãos... Ortencio / Apartment Building
- Nadler Cosmetic Dentistry Midtown / Prosthodontist / Cosmetic Dentist
- Shea William DDS / Dentist
- Hudson River Group Realty / Real Estate Agency
- Charles Isaacs Photographs, Inc. / Photography Service / Photographer
Property Details for 25 54Th St
- Year built
- 1939
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Midtown West property at 25 W 54th St, New York, NY 10019, presents a unique investment opportunity. This 1-unit, Class C multifamily and office building, constructed in 1939, boasts a desirable 6.00% cap rate and is currently listed at $1,700,000. The building features a fully equipped five-operatory dental office, currently operating with three dentists generating $15,000/month in rental income. Two operatories are available for the new owner's immediate use. The space is described as clean, crisp, and move-in ready, with all furniture, fixtures, and equipment included in the sale. Building amenities include a 24/7 doorman, attended lobby, laundry facilities, storage, and pet-friendly policies. The building offers stunning city views and is conveniently located between Fifth and Sixth Avenues, providing easy access to various transportation options. The property also includes nine bedrooms and one bathroom. Pied-à-terre is allowed. This pre-war building presents a rare blend of established income and significant potential for growth. Don't miss this chance to acquire a thriving, well-maintained property in a prime Manhattan location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.977
- Latitude
- 40.7619
