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426 W 46th Street #1A
About This Property
RENT IT OUT RIGHT AWAY - CONDO-LIKE, STUDIO
LOW MONTHLIES & TREE-LINE VIEWS - UNLIMITED RENTALS OK
OPEN, UPGRADED KITCHEN - EXPOSED BRICK - DECORATIVE FIREPLACE - RENOVATED BATH
(No dogs but cats ok.)
Here's a feel-good home with YES written all over it. One quick flight up, and facing the tree-line, this studly studio stands out for all the right reasons. Want to rent it out periodically - or maybe always? Fine. This home is part of a very relaxed cooperative that has a condo-like vibe.
The renovated kitchen is open with a dining bar and stainless appliances - even a small wine fridge. There is a wall of exposed brick, a decorative fireplace, wood floors, nice closet space, and a redone bath. There is room to lounge and entertain, and a sleeping area. The feeling here is good - creative and calm - a place to exhale and recharge.
Convenience is the theme of this prime perch. Moments away are world-class theatre, shopping, dining, and the cultural core of Manhattan. The Hudson River Promenade is close by, and every area cultural, educational, fitness and business destination is close to home. The tree-lined street is anchored by comforting and classic, early Twentieth Century architecture. History and texture surround you with the energy and soul of Hell's Kitchen.
Welcome to lovely easy living. Your resplendent retreat - near the heart of it all - awaits.
Listed By
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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 |
---|---|---|---|
Jan 4, 2025 | Listed by Compass | $399,000 | |
Listed by Compass | |||
Sep 10, 2021 | Sold to Brandt R Martinez | ||
Sold to Brandt R Martinez | |||
Sep 9, 2021 | Delisted | - | |
Delisted | |||
May 21, 2021 | In contract | - | |
In contract | |||
Apr 13, 2021 | Listed by Douglas Elliman Real Estate | $449,000 | |
Listed by Douglas Elliman Real Estate | |||
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SECOND FLOOR UNIT, CONDO RULES , UNLIMITED SUBLETTING ALLOWED, LOW
MAINTENACE.Welcome to your new home. Charming renovated studio.
Exposed brick, with decorative fireplace. Cherry hardwood floors,
great renovated kitchen with stainless steel appliances, both full
and small fridge for your wine, renovated full bathroom, great
closets ,located in a beautiful street close to target,
restaurants, bars, 10 min walk from the Hudson and 20 minutes from
Central park. Easy Co-op , great unit to…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/25/2022
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$370,000
-7.27%
05/18/2022
|
-
|
James Harrison
Warburg Realty Partnership, Ltd.
| |
04/13/2021
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$390,000
-13.14%
09/10/2021
|
Bilel Kaaniche
Douglas Elliman Real Estate
|
Building Info
- 20 Units
- 1 Unit for Sale
