8
Map
$450,000
●
House -
For Sale
534 W 42nd Street #1
Manhattan, NY 10036
1 Bed
1 Bath
183 Ft²
$3,479
Est. Monthly
$769
HOA / Fees
9.82%
Cap Rate
About This Property
Manhattan Storefront for Sale - Great Opportunity!
Location, location, location! This fantastic ground-level office space, with a storefront, offers 183 sq ft of versatile space perfect for visibility and foot traffic. It also comes with a private 100 sq ft bathroom for added convenience.
Key Features:
183 SF ft of ground-level office space with storefront exposure
100 Sf ft private bathroom
HOA fees: $769/month (includes water, heating, and lighting)
Annual Property Taxes: $6000 (paid by the owner)
Previous Rent: $3,500/month (leased to a cigar shop previously)
This is a great price for a business space in Manhattan, offering incredible potential in a high-traffic area. Ideal for retail, office, or boutique-style businesses looking for excellent visibility.
Don't miss this opportunity to secure a spot in one of the most coveted locations in New York City!
Location, location, location! This fantastic ground-level office space, with a storefront, offers 183 sq ft of versatile space perfect for visibility and foot traffic. It also comes with a private 100 sq ft bathroom for added convenience.
Key Features:
183 SF ft of ground-level office space with storefront exposure
100 Sf ft private bathroom
HOA fees: $769/month (includes water, heating, and lighting)
Annual Property Taxes: $6000 (paid by the owner)
Previous Rent: $3,500/month (leased to a cigar shop previously)
This is a great price for a business space in Manhattan, offering incredible potential in a high-traffic area. Ideal for retail, office, or boutique-style businesses looking for excellent visibility.
Don't miss this opportunity to secure a spot in one of the most coveted locations in New York City!
Unit Size
183 Ft²
Days on Market
63 days
Land Size
-
Price per sqft
$2,459
Property Type
House
Property Taxes
$500
HOA Dues
$769
Year Built
2010
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (RLS #RLS11030266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2025 | Listed by Compass | $450,000 | |
| Listed by Compass | |||
| Oct 30, 2015 | Sold to Chicagoland Oil Company Llc | ||
| Sold to Chicagoland Oil Company Llc | |||
Property Highlights
Doorman
Elevator
Garage
Interior Details
Full Bathrooms: 1
Flooring Type: Hardwood
Laundry Features: See Remarks
Rooms: 1
Exterior Details
Square Footage: 183
Year Built: 2008
Lot Size Units: Square Feet
Lot Size Dimensions: 19.580000x98.750000
Tax Lot: 1101
Financial Details
Tax Annual Amount: $6,000
Location Details
HOA Fee: $769
HOA Fee Frequency: Monthly
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
260 ft²
$1,385/ft²
$360,000
Jan 9, 2024
$360,000
May 20, 2024
$586/mo
Co-op
1
Bed
1
Bath
-
$455,000
May 8, 2020
$455,000
Mar 4, 2021
$1,028/mo
Co-op
1
Bed
1
Bath
-
$410,000
Sep 13, 2014
$410,000
Dec 22, 2014
$942/mo
Co-op
1
Bed
1
Bath
-
$490,000
Sep 12, 2019
$490,000
Nov 10, 2020
$1,249/mo
Co-op
1
Bed
1
Bath
-
$440,000
May 25, 2023
$440,000
Nov 30, 2023
$726/mo
Co-op
1
Bed
1
Bath
-
$482,000
Jul 22, 2019
$482,000
Oct 8, 2019
$545/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/13/2022
|
1 Bed
|
2 Bath
|
1148 ft²
|
$1,170,000
1 Bed
2 Bath
1148 ft²
|
-
-
|
-
|
Michael Trzcienski
Oxford Property Partners, Inc.
| |
|
11/05/2019
|
1 Bed
|
2 Bath
|
1148 ft²
|
$1,195,000
1 Bed
2 Bath
1148 ft²
|
$985,000
-17.57%
11/05/2020
|
Susan Stern
Compass
| ||
|
04/11/2019
| |
Studio
|
-
|
-
|
$579,000
Studio
-
|
-
-
|
-
|
Raymond Mordekhai
Forest Park Properties Inc.
|
|
05/19/2016
|
1 Bed
|
1 Bath
|
1148 ft²
|
$1,300,000
1 Bed
1 Bath
1148 ft²
|
$1,060,000
-18.46%
12/15/2016
|
M Monica Novo
Compass
| ||
|
09/20/2013
|
2 Bed
|
2 Bath
|
2206 ft²
|
$4,500,000
2 Bed
2 Bath
2206 ft²
|
-
-
|
-
|
Phillip Koeber
Compass
| |
|
09/20/2013
|
1 Bed
|
1 Bath
|
1148 ft²
|
$1,750,000
1 Bed
1 Bath
1148 ft²
|
-
-
|
-
|
Phillip Koeber
Compass
| |
|
09/20/2013
|
1 Bed
|
1 Bath
|
1148 ft²
|
$1,850,000
1 Bed
1 Bath
1148 ft²
|
-
-
|
-
|
Phillip Koeber
Compass
| |
|
09/20/2013
|
1 Bed
|
1 Bath
|
1148 ft²
|
$2,100,000
1 Bed
1 Bath
1148 ft²
|
-
-
|
-
|
Phillip Koeber
Compass
| |
|
05/16/2013
|
2 Bed
|
2 Bath
|
2206 ft²
|
$1,900,000
2 Bed
2 Bath
2206 ft²
|
$1,700,000
-10.53%
12/12/2013
|
-
|
Ariel Tavivian
Elliman
| |
|
09/20/2012
|
1 Bed
|
1.5 Bath
|
1148 ft²
|
$895,000
1 Bed
1.5 Bath
1148 ft²
|
$840,056
-6.14%
04/04/2013
|
Frances Katzen
Elliman
| ||
|
09/20/2012
|
1 Bed
|
1 Bath
|
1148 ft²
|
$975,000
1 Bed
1 Bath
1148 ft²
|
$854,821
-12.33%
12/28/2012
|
Frances Katzen
Elliman
| ||
|
09/20/2012
|
1 Bed
|
1 Bath
|
1148 ft²
|
$985,000
1 Bed
1 Bath
1148 ft²
|
-
02/22/2013
|
Frances Katzen
Elliman
| ||
|
09/20/2012
|
1 Bed
|
1.5 Bath
|
1148 ft²
|
$925,000
1 Bed
1.5 Bath
1148 ft²
|
-
11/07/2012
|
Frances Katzen
Elliman
| ||
|
09/20/2012
|
1 Bed
|
1 Bath
|
1148 ft²
|
$918,400
1 Bed
1 Bath
1148 ft²
|
-
10/22/2012
|
Frances Katzen
Elliman
| ||
|
04/08/2011
|
2 Bed
|
2 Bath
|
2206 ft²
|
$1,995,000
2 Bed
2 Bath
2206 ft²
|
-
-
|
-
|
Yair Tavivian
Prudential Douglas Elliman Real Estate
| |
|
12/17/2008
|
1 Bed
|
1.5 Bath
|
1148 ft²
|
$1,700,000
1 Bed
1.5 Bath
1148 ft²
|
-
-
|
-
|
Phillip Koeber
Compass
| |
|
12/17/2008
|
1 Bed
|
1.5 Bath
|
1148 ft²
|
$1,650,000
1 Bed
1.5 Bath
1148 ft²
|
-
-
|
-
|
DONALD KEMPER
Prudential Douglas Elliman Real Estate
|
Building Info
The Deuce Condominium
534 West 42nd Street, New York, NY 10036
- 8 Units
- 1 Unit for Sale
About Midtown Manhattan
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Listed by: Parviz Latipzoda
Listing Courtesy of Compass
Last Updated: 3 months ago
Last Checked: 8 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 3 months ago
Last Checked: 8 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
