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332-350 W 57th St - Parc Vendome

582 SF Office Unit Offered at £235,911 in New York, NY 10019

Investment Highlights

  • Great Location in Midtown West
  • Great Way to Off Set Passive Real Estate Income
  • 60% Below Market Value

Executive Summary

Perfect investment opportunity! This oversized alcove studio is almost 600 SF and features a generous layout and gets great light. It faces south and is extremely quiet. It is priced approximately 60% below market value for a smart and savvy buyer. The apartment is in need of some updating but has been meticulously maintained throughout the years. The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home. The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The building has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641.00 per month and the current Common Charges reflect an ongoing assessment of $92.58.

Property Facts

Price £235,911
Unit Size 582 SF
No. Units 1
Total Building Size 527,488 SF
Property Type Residential (Unit)
Property Subtype Apartment
Sale Type Investment
Building Class B
Number of Floors 19
Typical Floor Size 18,738 SF
Year Built 1904
Lot Size 1.59 AC

1 Unit Available

Unit 3J

Unit Size 582 SF
Price £235,911
Price Per SF £405.35
Unit Use Office
Sale Type Investment
Description

Perfect investment opportunity! This oversized alcove studio is almost 600 SF and features a generous layout and gets great light. It faces south and is extremely quiet. It is priced approximately 60% below market value for a smart and savvy buyer. The apartment is in need of some updating but has been meticulously maintained throughout the years.

The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home.

The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The building has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641.00 per month and the current Common Charges reflect an ongoing assessment of $92.58.

Sale Notes

Please note there is an 80 year old tenant in place with a rent stabilized lease. She has the right to renew.  Showings can happen once there is an accepted offer and contracts have been sent out.

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THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512067_high_res
THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512057_high_res
THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512093_high_res
THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512079_high_res

+1 More

THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Jennifer_Geller_DouglasElliman_Photography_119995272_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512048_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512067_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512057_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512093_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Carter_McHyman_DouglasElliman_Photography_125512079_high_res
View Photo THEPARCVENDOME353W56THST3J-HellsKitchenNewYork_Jennifer_Geller_DouglasElliman_Photography_119995272_high_res

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 192 - 300 - 500
1+1 192 - 500 - 700
2+1 191 - 800 - 1,200
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Dishwasher
  • Fireplace
  • Storage Space
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Smoke Free

Site Amenities

  • Concierge
  • Courtyard
  • Laundry Facilities
  • Security System
  • Doorman
  • Package Service
  • Bicycle Storage
  • Conference Rooms
  • Lift
  • Lounge
  • Sundeck
  • Zen Garden

zoning

Zoning Code C6-4 (Residential)
C6-4 (Residential)
  • Listing ID: 33414229

  • Date on Market: 04/10/2024

  • Last Updated:

  • Address: 332-350 W 57th St, New York, NY 10019

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