Office Space
257 West 55th Street New York, NY 10019
Details & Description
Price: $7,600,000
    13,725 sf, Mixed-Use Building, Live Plus Income Building A 25′ wide, seven-story, approximately 13,725 square feet mixed-use building. The building features eight large, recently renovated one-bedroom units that are individually metered for heat and electric. Of these eight apartments, one (the penthouse) is currently vacant, two are month to month tenants, four have lease expiration on 12.12 and one is set to expire on 4.13 All of these units are free market.The gross projected annual income is $578,400 with a projected NOI of $406,155.
    Listing Agents
    Robert Isaacs

    O: 212-581-3003
    robert@rimanhattan.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    257 West 55th Street

    New York, NY 10019

    Listing ID: 215713
    257 West 55th Street New York, NY 10019 | for Sale | Photo 1
    Building Size: 13,725 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $553.73
    Land $/SF:
    Price
    $7,600,000
    Description

    13,725 sf, Mixed-Use Building, Live Plus Income Building A 25′ wide, seven-story, approximately 13,725 square feet mixed-use building. The building features eight large, recently renovated one-bedroom units that are individually metered for heat and electric. Of these eight apartments, one (the penthouse) is currently vacant, two are month to month tenants, four have lease expiration on 12.12 and one is set to expire on 4.13 All of these units are free market.The gross projected annual income is $578,400 with a projected NOI of $406,155.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    New York Area Market Trends

    Listing Demographics for 257 West 55th Street New York, NY 10019

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population152,5301,295,8292,599,141
    Population Median Age424039
    Population by Age0-9 Yrs10290 (6%)114084 (8%)263415 (10%)
    10-19 Yrs7409 (4%)90416 (6%)208379 (8%)
    20-29 Yrs25615 (16%)231116 (17%)471874 (18%)
    30-39 Yrs33798 (22%)262628 (20%)528780 (20%)
    40-49 Yrs21328 (13%)168654 (13%)335884 (12%)
    50-59 Yrs18627 (12%)151003 (11%)290738 (11%)
    60-69 Yrs16232 (10%)133039 (10%)247434 (9%)
    70+ Yrs19232 (12%)144889 (11%)252636 (9%)
    Median HH Income$118,779$106,186$88,107
    Total Household Income< 24K13803 (15%)102593 (16%)228112 (19%)
    25-49K9202 (10%)72893 (11%)159118 (13%)
    50-74K7187 (8%)67858 (10%)136632 (11%)
    75-99K7146 (8%)61354 (9%)115092 (9%)
    100-199K22809 (26%)159433 (25%)281193 (24%)
    200K+26264 (30%)171231 (26%)248272 (21%)
    Highest Education LevelNo Diploma501982244240879
    Diploma or GED9278116022307794
    Some College986786939191143
    Assoc. Degree43823504678294
    Bachelors Degree47128355081619453
    Higher Degree50700336395522425
    Total Housing Units110,987747,8561,338,143
    --Owner-Occupied23,853183,931299,748
    --Renter-Occupied62,558451,432868,671
    Owner-Occupied Values< 100K29551068992
    100-199K29854049445
    200-299K287684815899
    300-399K8501011623287
    400-499K14301246923598
    500K+20692143987218528
    Total Working Age Population137,9841,131,3702,215,502
    In Work Force99,408797,9891,524,337
    Not In Work Force38,576333,381691,165
    Workforce Employed95,379764,3661,451,342
    Workforce Unemployed4,02433,21972,439
    Civlian Workforce99,404797,5851,523,781
    Military Workforce4404556
    Total Households86,411635,3621,168,419
    Family Households29,297268,368550,209
    Non-Family Households57,114366,994618,210
    Married Couple23,371203,564385,872
    Other Family5,92664,803164,337
    Married w/Child7,27374,495152,071
    Single Male w/Child5346,10113,680
    Single Female w/Child1,90319,98250,914

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Bergen County884,118+2905,116+7967,500+71,031,500
    Hudson County608,975+4634,266+12708,100+6747,400
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Bronx County1,332,650+41,385,108+101,519,809+61,604,168
    Kings County2,465,326+22,504,700+92,738,283+52,863,996
    New York County1,537,195+31,585,873+61,688,894+21,727,631
    Queens County2,229,37902,230,722+92,436,549+52,565,268

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 257 West 55th Street in New York?
    The asking price for 257 West 55th Street is $7,600,000
    What is the building size of this Office property in New York, NY?
    The size of the building/unit at 257 West 55th Street in New York is 13,725 square feet
    What kind of Office is the propery at 257 West 55th Street?
    The property at 257 West 55th Street New York, NY 10019 is listed as a Professional Office property
    What is the population within 1 mile of 257 West 55th Street in New York?
    The population within 1 mile of 257 West 55th Street New York, NY 10019 is 152,530 people.
    Who do I contact for questions about 257 West 55th Street?
    You should contact the listing agent, Robert Isaacs, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    415 West 45th Street, New York, NY $19,500,000 22000 -
    639 11th Avenue, New York, NY $42,600,000 35000 -
    870 5th Avenue, New York, NY $2,000,000 1800 -
    8 East 41st Street, New York, NY $14,000,000 15550 -
    16 West 39th Street, New York, NY $2,049,740 58564 0.1
    131 West 33rd Street, New York, NY CALL 6333 -
    18 West 33rd Street, New York, NY CALL 2800 -
    110 W 79th St, New York, NY CALL 2000 -
    161 Madison Avenue, New York, NY $875,000 900 -
    68 W 83rd St, New York, NY CALL 800000 -

    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 6
    Newark Liberty International Airport (EWR) 11
    John F Kennedy International Airport (JFK) 14