West 50s between Fifth and Sixth Ave Apartment Building

Call us: 212-581-3003
Description

  A pre-war, elevatored apartment building conveniently located between Fifth and Sixth Avenue and have a total of 125 feet of frontage. Of the 64 apartments in the property, 44 are already free market, 17 are rent stabilized, and 3 are rent controlled. Several of the units have been recently renovated and plans are in place to combine the lobbies and add additional retail space. An entirely new elevator system has been installed within the last year and 95% of the windows have been replaced. There are presently four retail tenants in the property including two restaurants. Located right off Fifth Avenue, and only a short walk to Central Park, it would make a tremendous Midtown condominium in an attractive "walk-to-work" neighborhood.

Size:
Price: $ 58000000
For sale