
12
Map


452 W 50th Street #3E
About This Property
Live in the Heart of New York with this Remarkable Walk-up Gem
Situated just two flights up, this expansive, sunny, and peaceful one-bedroom unit, which can easily be transformed into a two-bedroom (see alternative floorplan), boasts exceptional features with three exposures facing north, south, and east. A classic New York railroad-style apartment, 3E stretches the entire length of the building, and offers the added convenience of two separate entrances.
The apartment's key features include charming exposed brick, two ornamental fireplaces, big windows, spacious closets, lofty 9.5-foot ceilings, and beautiful hardwood floors throughout. The windowed kitchen is equipped with a brand new stainless steel refrigerator, ample counter space, cabinet storage, and a convenient pantry. The generously sized windowed bathroom is divided into a bathing area and a separate water closet for added comfort.
As a bonus, the building provides exclusive access to a serene and communal garden space, complete with a grill and comfortable seating for your enjoyment. Maintenance fees are impressively low at just $650 per month, reflecting the exceptional management and upkeep of this pre-war co-op building.
Located conveniently in the heart of Hell's Kitchen, you'll find easy access to the C, E, and 1 subway lines, while the B, D, N, Q, and R lines are just a few blocks away. The vibrant nightlife of 9th and 10th avenues, featuring a plethora of outstanding restaurants and bars, as well as shopping and Broadway theaters, is at your doorstep. Additionally, you're centrally located within a short distance of Central Park, Columbus Circle, and Port Authority.
Important Details:
Cat-friendly (regrettably, no dogs allowed).
No pieds-a-terre permitted.
Showings are by appointment only.
Payment Calculator
Your Estimated Monthly Payment
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 22, 2024 | Sold | ||
Sold | |||
Mar 1, 2024 | In contract | - | |
In contract | |||
Nov 28, 2023 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
Price Decreased | |||
Sep 21, 2023 | Listed by Compass | $650,000 | |
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 |
---|---|---|---|---|---|---|---|---|
09/21/2023
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$577,000
-11.23%
05/22/2024
|
-
|
ALEXANDER A MAHGOUB
Compass
| |
08/01/2023
|
1 Bed
|
1 Bath
|
755 ft²
|
$599,000
1 Bed
1 Bath
755 ft²
|
$555,000
-7.35%
06/05/2024
|
-
|
Paul Cole
Compass
| |
06/06/2016
|
2 Bed
|
1 Bath
|
782 ft²
|
$710,000
2 Bed
1 Bath
782 ft²
|
$710,000
10/05/2016
|
M Monica Novo
Douglas Elliman Real Estate
|
Building Info
