
10
Map
Floor Plan


405 W 57th Street #5F
About This Property
Apt Features:
• Prewar Art Deco Details Throughout
• Well Laid Out Floorplan
• Open Southern Exposures
• City Views - Direct Sunlight
• Step Down Living Room w/ 9' Ceilings
• Renovated Windowed Kitchen
• Stainless Steel Appliances w/ Dishwasher
• Granite Countertops
• Windowed Art Deco Style Bathroom
• Oversized Tub
• Inlaid Hardwood Floors
• Dining Foyer
• Extra Large Bedroom Fits King Bed
• Closets Closets Closets!
Building Features:
• Classic Art Deco COOP Building
• Built in 1940
• 48 Units, 6 Stories
• Elevator
• Pet Friendly
• Laundry in the building
• Bike Room
• Live in Super
• Video Intercom
There is a common roof deck which is currently undergoing renovations in conjunction with the installation of solar panels for the building.
The location is perfect, two blocks from Columbus Circle, Central Park, Lincoln Center, the Theater District, Whole Foods, several major subway lines just one block away, and all the incredible restaurants and shopping the neighborhood is known for.
All showings are by appointment only. Please contact listing brokers to schedule.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 9, 2024 | Sold | ||
Sold | |||
May 30, 2024 | In contract | - | |
In contract | |||
Mar 4, 2024 | Listed by Compass | $725,000 | |
Listed by Compass |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/03/2024
|
Studio
|
1 Bath
|
-
|
$415,000
Studio
1 Bath
|
$450,000
+8.43%
03/27/2025
|
-
|
Theron Smith III
Brown Harris Stevens Residential Sales LLC
| |
07/08/2024
|
Studio
|
1 Bath
|
-
|
$375,000
Studio
1 Bath
|
$375,000
11/21/2024
|
-
|
Jonathan Tauzowicz
Compass Greater NY LLC
| |
04/03/2024
|
2 Bed
|
1 Bath
|
950 ft²
|
$895,000
2 Bed
1 Bath
950 ft²
|
$885,000
-1.12%
06/27/2024
|
-
|
Steve Orselet
Halstead Property, LLC
| |
03/04/2024
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$690,000
-4.83%
09/09/2024
|
-
|
Danny Sayegh
Compass
| |
03/22/2023
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
$457,500
-8.32%
01/25/2024
|
Amanda Brecker
Cooper & Cooper Real Estate LLC
| ||
03/10/2023
|
Studio
|
1 Bath
|
-
|
$400,000
Studio
1 Bath
|
$390,000
-2.50%
08/15/2023
|
Tanya Kolesnik
Compass
| ||
02/10/2023
|
Studio
|
1 Bath
|
552 ft²
|
$449,000
Studio
1 Bath
552 ft²
|
$455,000
+1.34%
06/08/2023
|
Tyler Schaeffer
Compass
| ||
11/05/2021
|
Studio
|
1 Bath
|
500 ft²
|
$445,000
Studio
1 Bath
500 ft²
|
$439,000
-1.35%
08/09/2022
|
Marjo H Ivaska-Sergeant
Douglas Elliman Real Estate
| ||
10/08/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$735,000
1 Bed
1 Bath
750 ft²
|
$700,000
-4.76%
03/02/2022
|
Kim Williams
Sovereign Associates Inc
| ||
07/06/2021
|
Studio
|
1 Bath
|
550 ft²
|
$600,000
Studio
1 Bath
550 ft²
|
-
-
|
-
|
Charyn Watson
Exp Realty
| |
04/19/2021
|
1 Bed
|
1 Bath
|
-
|
$795,000
1 Bed
1 Bath
|
$690,000
-13.21%
05/12/2022
|
-
|
Jesse Rosenthal
Brown Harris Stevens Residential Sales LLC
| |
03/01/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$699,000
1 Bed
1 Bath
750 ft²
|
$680,000
-2.72%
05/26/2021
|
Isaac Halpern
Brown Harris Stevens Residential Sales LLC
| ||
12/08/2020
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$427,000
-4.90%
05/27/2021
|
Rachel Glazer
Compass
| ||
10/01/2019
|
1 Bed
|
1 Bath
|
-
|
$850,000
1 Bed
1 Bath
|
$775,000
-8.82%
06/02/2020
|
Brian Skvarla
Elegran LLC
| ||
09/21/2018
|
1 Bed
|
1 Bath
|
800 ft²
|
$699,000
1 Bed
1 Bath
800 ft²
|
$550,000
-21.32%
05/23/2019
|
Jeffrey Goodman
Brown Harris Stevens Residential Sales LLC
| ||
09/21/2017
|
1 Bed
|
1 Bath
|
-
|
$799,000
1 Bed
1 Bath
|
$782,000
-2.13%
02/01/2018
|
Patricia Levy
Douglas Elliman Real Estate
| ||
04/29/2015
|
1 Bed
|
1 Bath
|
-
|
$819,000
1 Bed
1 Bath
|
$790,000
-3.54%
04/12/2016
|
RONALD LENSE
Douglas Elliman Real Estate
| ||
03/11/2015
|
Studio
|
1 Bath
|
560 ft²
|
$445,000
Studio
1 Bath
560 ft²
|
$445,000
06/23/2015
|
Carter Mchyman
Douglas Elliman Real Estate
| ||
02/09/2015
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
-
-
|
-
|
Siim Hanja
Brown Harris Stevens Residential Sales LLC
| |
01/06/2015
|
1 Bed
|
1 Bath
|
810 ft²
|
$661,000
1 Bed
1 Bath
810 ft²
|
$661,000
04/27/2015
|
Bryan Tomczuk
Brown Harris Stevens Residential Sales LLC
| ||
05/13/2014
|
1 Bed
|
1 Bath
|
-
|
$815,000
1 Bed
1 Bath
|
$775,000
-4.91%
12/04/2014
|
Michael Rosenblum
Compass
| ||
05/20/2013
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$681,000
+4.77%
09/17/2013
|
Michael Rosenblum
Elliman
|
Building Info
- 48 Units
- 1 Unit for Sale
