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Property profile & analytics
OFF-MARKET
Office Spaces

25 54Th St New York, NY 10019

Built 1939
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chácara Três Irmãos... Ortencio Apartment Building
  • Nadler Cosmetic Dentistry Midtown Dental Office
  • Shea William DDS Dental Office
  • Hudson River Group Realty Real Estate Agency
  • Charles Isaacs Photographs, Inc. Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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