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Manhattanville studio at 458 W 141 St, New York, NY 10031, TOWNHOUE, $4200000

458 W 141 St

  • Studio, 1 ba
  • $4,200,000

5 E 44 St, IST for sale
New York, NY 10017 · Midtown

  • Studio
  • 1 bath
  • $4,850,000
  • 2,836 ft2

Features & Amenities

  • 24 units in building
  • Built in 2007

Home Facts

  • Condo
  • 2,836 ft2
  • $1,710/ft2

5 E 44 St, New York, NY 10017

The Lulla Team has been retained on an exclusive basis for the sale of a retail-condominium located

at 5 East 44th Street. This is an incredible investment opportunity to own an approximately 2836 sq.

ft. ( 1876 on the first floor and 960 in fully usable basement) retail-condominium with 14' of frontage on a main commercial corridor with tremendous foot

traffic near Grand Central.

The subject property is currently occupied by a medical practice but will be delivered vacant and is

prime for an owner-user to occupy the space or makes a unique investment. The location is between

Madison and Fifth Avenue - neighboring tenants include Brooks Brothers, The Cornell Club of New

York, Allen Edmonds and Coach. This property represents a great opportunity for future ownership to

realize a high yield in an area where retail rents have been steadily on the rise, expected cap rate is

6-7%. It is one block from One Vanderbilt, which will be the city's tallest office tower building with

over $1.6 million square feet.


Number 5

This unit is located at Number 5, a condo in Midtown. Built in 2007, this modern high rise property has 24 units.

Map of 5 E 44 St, IST, New York...

Nearby Transit

3 min 5th Ave - Bryant Pk 7 7 7 Express 7 Express
3 min Grand Central - 42nd St S S
6 min Grand Central - 42nd St 4 4 5 5 6 6

This listing is no longer active as of May 9th, 2017.




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Listing History

Date Change
10/21/2016 Listed by Vik Lulla at Compass

Recent Sales at 5 E 44 St

Date Unit Price
10/26/2010 18 $1,323,720
03/18/2010 2B $575,311
02/08/2010 14 $1,425,550
09/15/2009 4A $1,004,490
08/20/2009 9 $1,360,000
08/01/2006 (no unit) $0

 

 

Manhattanville studio at 458 W 141 St, New York, NY 10031, TOWNHOUE, $4200000

458 W 141 St

  • Studio, 1 ba
  • $4,200,000