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Floor Plan


444 W 54TH Street #20
About This Property
Located in the heart of Hell's Kitchen on a beautiful, tree-lined block. Bright and quiet. Top floor, south-facing, away from the street, above the rear gardens, with open city views. There is sunlight in every room. Charm and character throughout with high ceilings, exposed brick and beams, hardwood floors and oversized windows. Move-in condition. Recently renovated kitchen featuring refurbished solid oak cabinetry and stainless steel appliances. Custom dimmable low watt high-end, state-of-the-art ASPECT LED lights for reduced energy use. Very low monthly maintenance. Well-maintained HDFC coop. 5-story, 19-unit walk-up building with video intercom, laundry, storage and garden patio. Buyer income cap at time of purchase is $179,355 for one person; $205,095 for two persons. Primary residence only. Sublet after two-years.
Watch your home investment grow with the arrival of Sunset Pier 94 Studios, Manhattan's first ever film and television production campus currently being built just blocks away at Pier 94, solidifying New York City as one of the preeminent filming locations for the entertainment industry, while also contributing to the needs of the local community.
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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 |
---|---|---|---|
May 22, 2025 | Sold | ||
Sold | |||
May 2, 2024 | Listed by Douglas Elliman Real Estate | $480,000 | |
Listed by Douglas Elliman Real Estate | |||
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Sun-filled jewel box!
Located in the heart of Hell's Kitchen on a beautiful,
tree-lined block. Bright and quiet. Top floor, south-facing, away
from the street, above the rear gardens, with open city views.
There is sunlight in every room. Charm and character throughout
with high ceilings, exposed brick and beams, hardwood floors and
oversized windows. Move-in condition. Recently renovated kitchen
featuring refurbished solid oak cabinetry and stainless steel
appliances. Custom dimmable low…
| |||
Mar 29, 2018 | Sold to Liubov Bragg, Stuart Bragg | ||
Sold to Liubov Bragg, Stuart Bragg | |||
Sep 20, 2017 | Listed | $425,000 | |
Listed | |||
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Hell's Kitchen is the perfect location for this true 1 bedroom
apartment. Situated four flights up, apartment features include 10
ft. high ceilings, hardwood floors, exposed brick, updated kitchen
with stainless steel appliances and windows in every room giving
great light throughout the day. A great find in the city with an
extremely low monthly maintenance of $302 which includes, heat, hot
water and gas. Building features shared furnished roof deck, common
back patio area, video…
| |||
Oct 31, 2013 | Sold to Matthew Lowenthal | ||
Sold to Matthew Lowenthal |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/24/2016
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
$517,500
-1.43%
09/29/2016
|
DONALD KEMPER
Douglas Elliman Real Estate
| ||
03/22/2015
|
1 Bed
|
1 Bath
|
475 ft²
|
$399,000
1 Bed
1 Bath
475 ft²
|
$435,000
+9.02%
07/08/2015
|
Douglas Perlson
RealDirect Brokerage Services
| ||
11/18/2014
|
1 Bed
|
1 Bath
|
-
|
$399,000
1 Bed
1 Bath
|
-
03/06/2015
|
Gary Kahn
The Corcoran Group
| ||
05/18/2014
|
1 Bed
|
1 Bath
|
450 ft²
|
$399,000
1 Bed
1 Bath
450 ft²
|
$399,000
09/29/2014
|
Ali H Jafri
Elliman
| ||
06/19/2013
|
1 Bed
|
1 Bath
|
-
|
$355,000
1 Bed
1 Bath
|
$338,000
-4.79%
10/31/2013
|
Douglas Perlson
RealDirect Brokerage Services Inc
| ||
11/28/2012
|
1 Bed
|
1 Bath
|
-
|
$315,000
1 Bed
1 Bath
|
$315,000
01/31/2013
|
Douglas Perlson
RealDirect Brokerage Services Inc
|
Building Info
