For Sale
$1,700,000

25 54Th StNew York, NY 10019

Prime NYC dental office, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Midtown West property at 25 W 54th St, New York, NY 10019, presents a unique investment opportunity. This 1-unit, Class C multifamily and office building, constructed in 1939, boasts a desirable 6.00% cap rate and is currently listed at $1,700,000. The building features a fully equipped five-operatory dental office, currently operating with three dentists generating $15,000/month in rental income. Two operatories are available for the new owner's immediate use. The space is described as clean, crisp, and move-in ready, with all furniture, fixtures, and equipment included in the sale. Building amenities include a 24/7 doorman, attended lobby, laundry facilities, storage, and pet-friendly policies. The building offers stunning city views and is conveniently located between Fifth and Sixth Avenues, providing easy access to various transportation options. The property also includes nine bedrooms and one bathroom. Pied-à-terre is allowed. This pre-war building presents a rare blend of established income and significant potential for growth. Don't miss this chance to acquire a thriving, well-maintained property in a prime Manhattan location.

Highlights

  • Studio Apartment
  • Nine Bedrooms
  • One Bathroom
  • Stunning City Views
  • Pied-à-terre Permitted
  • Pre-war Building (1939)

Property Details for 25 54Th St

Property type
Office properties, Medical offices
Class
C
Year Built
1939
Units
1

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7619264
Longitude
-73.9769948
25 54Th St, New York, New York

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25 54Th St
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