54th W Street New York NY New York, NY 10019
For Sale
Newly renovated Elevated building for Sale Building consists of six apartments (Studio) and one store. New electrical and new plumbing Has additional 7400 sq. ft. of air right for redevelopment Annual income from apartments: $4500 x 6 x 12 = $324,000 Annual income from restaurant retail: $25000 x 12 = $300,000 Total rental income is $500,000 Net income is $300,000 Please contact Exclusive listing broker: Hotel Real Estate Group Simon Lou President / CEO 445 Park Av 9th Floor New York NY 10022 M: +1 917 328 3611 E: hotel107@ aol.com
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.