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332-350 W 57th St - Parc Vendome 582 SF Office Condo Unit Offered at $413,368 CAD 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
| Total Building Size | 527,488 SF | Floors | 19 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 18,738 SF |
| Property Subtype | Apartment | Year Built | 1904 |
| Building Class | B | Lot Size | 1.59 AC |
| Zoning | C6-4 - Residential | ||
| Total Building Size | 527,488 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 19 |
| Typical Floor Size | 18,738 SF |
| Year Built | 1904 |
| Lot Size | 1.59 AC |
| Zoning | C6-4 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Fireplace
- Storage Space
- Washer/Dryer
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Smoke Free
SITE AMENITIES
- Concierge
- Courtyard
- Laundry Facilities
- Security System
- Doorman
- Package Service
- Trash Pickup - Curbside
- Bicycle Storage
- Conference Rooms
- Elevator
- Lounge
- Sundeck
- Zen Garden
1 UNIT AVAILABLE
Unit 3J
| Unit Size | 582 SF | Condo Use | Office |
| Price | $413,368 CAD | Sale Type | Investment |
| Price Per SF | $710.25 CAD |
| Unit Size | 582 SF |
| Price | $413,368 CAD |
| Price Per SF | $710.25 CAD |
| Condo 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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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 |
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332-350 W 57th St - Parc Vendome
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