Description
Presenting the perfect investment opportunity in a boutique pre-war gem in Hell's Kitchen.
Nestled in a charming boutique pre-war and flexible co-op at 433 West 54th Street, are 5 sponsor units (no board approval). Three are one bedroom market rate units with approximately 600 sq ft of classic NYC elegance with unlimited potential. Featuring original pre-war details like exposed brick and hardwood floors, these units boast functional layouts filled with natural light and both Southern and Northern exposures overlooking a serene, tree-line street. To add to the portfolio, there are 2 large studios approximately 400sq ft each. One is rent stabilized and the other is rent controlled.
Highlights include spacious residences, unlimited subletting, pre-war charm with high ceilings and tons of upside. While all of them would benefit from updates, they have been meticulously maintained, offering the perfect canvas for a savy buyer to unlock its full value-priced approximately 60% below market value.
The building's supurb location in the heart of Hell's Kitchen places it steps from Columbus Circle, Central Park, Lincoln Center, and Midtown's vibrant offerings.
Currently 3 out of the 5 are rented. This 5 unit sale represents an outstanding
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Property Details
- Co-op
Amenities
- Attendance: None
- Building Laundry: Common Area
- Laundry: Common On Floor, Common Area
- Building Pets: Building Yes
- Pets: Building Yes, Cats O K, Dogs O K
For information on 433 W 54th Street, #MULTI contact:
Founder, Principal Broker
212-388-1115
Founder, Principal Broker
listings@lohorealty.com
212-388-1115
