$200,000
●
Co-op -
Off Market
342 W 56th St #6E
Manhattan, NY 10019
Studio
1 Bath
$381,065
RealtyHop Estimate
62.16%
Since May 1, 2016
NY-New York
Primary Model
About This Property
Just Reduced!
Great Investment opportunity! Sponsor owned apartment with no Board approval required for purchase. Studio apartment in well-maintained pre-war elevator building in prime Midtown West location with a positive cash flow.
The apartment has 10 foot ceilings and is serene and quiet.
The Building has a liberal sublet policy, a live-in super, and a laundry room.
Studio is occupied by a rent-controlled tenant who is currently paying rent of approximately $517.74/month ($767.74 is the monthly rental amount with a tenant abatement of $250/month. On a semi-annual basis the total tenant abatement amount is refunded to the Unit owner by the co-op board).
Set on a quiet block, 342 West 56th Street is only three short blocks to Central Park, Columbus Circle, Time Warner shops/restaurants & Whole Foods, and all subway lines and bus transportation.
Great Investment opportunity! Sponsor owned apartment with no Board approval required for purchase. Studio apartment in well-maintained pre-war elevator building in prime Midtown West location with a positive cash flow.
The apartment has 10 foot ceilings and is serene and quiet.
The Building has a liberal sublet policy, a live-in super, and a laundry room.
Studio is occupied by a rent-controlled tenant who is currently paying rent of approximately $517.74/month ($767.74 is the monthly rental amount with a tenant abatement of $250/month. On a semi-annual basis the total tenant abatement amount is refunded to the Unit owner by the co-op board).
Set on a quiet block, 342 West 56th Street is only three short blocks to Central Park, Columbus Circle, Time Warner shops/restaurants & Whole Foods, and all subway lines and bus transportation.
Unit Size
-
Days on Market
176 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$615
Year Built
1930
Last updated: 5 months ago ( #RLMX-00331002134328)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2021 | No longer available | - | |
| No longer available | |||
| Jun 18, 2020 | Price Decreased |
$385,000
↓ $14K
(3.5%)
|
|
| Price Decreased | |||
| Apr 8, 2020 | Listed | $399,000 | |
| Listed | |||
|
|||
|
Location, Location, Location! This oversized studio is nestled in
the heart of Midtown Manhattan, on the intersection of Billionaires
Row, Columbus Circle and Hells Kitchen. This is where the finest
NYC has to offer (Per Se, le Bernardin, Jean Georges, the new
Nordstroms, Time Warner Center, Whole Foods) meets the convenience
of the low key eateries and essential shops (pharmacies, groceries,
hardware stores) of 9th Avenue. This quiet unit in ELEVATOR
building, with live-in super, is on a…
|
|||
| Apr 19, 2016 | Sold to Antonella Andolfato | $200,000 | |
| Sold to Antonella Andolfato | |||
| Oct 26, 2015 | Listed by TOWN Residential, LLC. | $235,000 | |
| Listed by TOWN Residential, LLC. | |||
Property Highlights
Elevator
Doorman
Interior Details
Interior Information
Laundry Features: Common Area
Room Information
Rooms: 2
Exterior Details
Property Information
Property Condition: Good
PropertySubType: Apartment
Living Area Units: SquareFeet
Financial Details
Flip Tax Remarks: -
Flip Tax Type: Percent
Tax Deduction Remarks: ASK EXCL BROKER
Location Details
Association Fee: $615
Pets Allowed: Unit Yes, Building Yes
Other Details
Coexclusive: No
342 W 56th St #6E, Manhattan, NY, 10019
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
Stu
1
Bath
-
$269,000
Nov 3, 2014
$269,000
Apr 17, 2015
$868/mo
Co-op
Stu
1
Bath
-
$230,000
May 24, 2021
$230,000
Oct 18, 2021
$918/mo
Co-op
Stu
1
Bath
-
$242,500
Aug 12, 2020
$242,500
Feb 26, 2021
$832/mo
Co-op
Stu
1
Bath
-
$250,000
Apr 22, 2019
$250,000
Jan 12, 2021
$1,001/mo
Co-op
Stu
1
Bath
-
$250,000
Nov 8, 2019
$250,000
Aug 31, 2020
$987/mo
Active
Condo
2
Beds
2
Baths
975 ft²
$231/ft²
$225,000
Jun 20, 2022
-
$2,490/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/29/2022
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$500,000
-9.09%
09/29/2022
|
Bruce Mishell
Compass
|
||
|
03/21/2022
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$455,000
-13.33%
05/02/2023
|
-
|
Bruce Mishell
Compass
|
|
|
01/20/2021
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$525,000
-11.76%
08/23/2021
|
William Findlay
Compass
|
||
|
06/26/2020
|
1 Bed
|
1 Bath
|
-
|
$685,000
1 Bed
1 Bath
|
$599,000
-12.55%
08/06/2021
|
-
|
Ralph Maroun
Prudential Douglas Elliman Real Estate
|
|
|
05/29/2020
|
1 Bed
|
1 Bath
|
-
|
$549,000
1 Bed
1 Bath
|
$525,000
-4.37%
07/27/2021
|
-
|
Bruce Mishell
Compass
|
|
|
07/23/2018
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
$470,000
-10.48%
05/02/2019
|
Bruce Mishell
Compass
|
||
|
06/19/2018
|
1 Bed
|
1 Bath
|
-
|
$700,000
1 Bed
1 Bath
|
$685,000
-2.14%
09/25/2018
|
Keith Jacoby
|
||
|
06/14/2018
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$585,000
-6.40%
04/16/2019
|
Bruce Mishell
Compass
|
||
|
01/10/2018
|
1 Bed
|
1 Bath
|
-
|
$765,000
1 Bed
1 Bath
|
$685,000
-10.46%
08/03/2018
|
Brett Caspi
Corcoran Group
|
||
|
09/06/2017
|
Studio
|
1 Bath
|
-
|
$415,000
Studio
1 Bath
|
$400,000
-3.61%
10/27/2017
|
Bruce Mishell
Nest Seekers International
|
||
|
05/15/2017
|
Studio
|
1 Bath
|
400 ft²
|
$450,000
Studio
1 Bath
400 ft²
|
-
-
|
-
|
Bruce Mishell
Compass
|
|
|
04/20/2016
|
Studio
|
1 Bath
|
350 ft²
|
$435,000
Studio
1 Bath
350 ft²
|
$397,000
-8.74%
11/22/2016
|
Bruce Mishell
Nest Seekers International
|
||
|
12/12/2015
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$699,000
02/17/2016
|
Donna Strugatz
TOWN Residential, LLC.
|
||
|
10/26/2015
|
Studio
|
1 Bath
|
-
|
$235,000
Studio
1 Bath
|
$200,000
-14.89%
04/19/2016
|
Donna Strugatz
TOWN Residential, LLC.
|
||
|
10/26/2015
|
1 Bed
|
2 Bath
|
-
|
$699,000
1 Bed
2 Bath
|
-
-
|
-
|
Donna Strugatz
Serhant LLC
|
|
|
08/11/2015
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
-
-
|
-
|
TOMMY KANG
Prudential Douglas Elliman Real Estate
|
|
|
01/22/2015
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$615,000
-5.38%
05/08/2015
|
Bruce Mishell
Nest Seekers International
|
||
|
05/07/2014
|
1 Bed
|
1 Bath
|
-
|
$635,000
1 Bed
1 Bath
|
$650,000
+2.36%
07/15/2014
|
Andrew Glick
Brown Harris Stevens Residential Sales LLC
|
||
|
09/21/2013
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
-
-
|
-
|
Jordan Hoch
Compass
|
|
|
08/27/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$599,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Jeffrey Tanenbaum
Elliman
|
|
|
11/19/2012
|
1 Bed
|
1 Bath
|
750 ft²
|
$600,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Bruce Mishell
Compass
|
Building Info
