RealtyLens
for saleRealtyLens property overview
$560,000

205 W 54th St Apt 7G

Manhattan, NY, 10019
View more Manhattan, NY property pages
1Beds
1Baths
550Sqft
$1018$/sqft

Listing Notes

1-bed/1-bath available in the classic pre-war building, The Albemarle, which offers peaceful homes in Midtown tucked away from the hustle and bustle of Times Square. Enjoy a tastefully refurbished apartment with a coveted corner living room that has three windows, including a large east-facing window bringing in lots of light. This apartment has retained a lot of the original charm and aspects from the era of "Arts and Crafts" architecture. With high ceilings throughout, and modern upgrades, you can make this spacious home your own respite. You enter a quiet apartment 7G into a graceful foyer leading to the grand living room. The doorframes and wall moldings bring you back to that special time of the turn of the century. The updated windowed kitchen is perfect for making healthy meals. There is a linen closet between the windowed bathroom and the large bedroom. The bedroom has two windows, a closet, and wall of built-in storage--yet still leaving enough room for a king-sized bed. This is ideal for an artist, performer, Broadway aficionado, or musician who is seeking a peaceful environment at the end of their night and tranquility during the day. The Albemarle is a part of a collection of local apartment buildings built in 1912 -- characteristics still visible on the exterior as well as the lobby and stairwells. There is full-time front door staff, a live-in Super, and on-site laundry. This pet-friendly cooperative allows sublets for three years after two years of owner occupancy. Situated between Central Park and the Theater District, the midtown neighborhood delivers many dining, shopping, and entertaining options, with nearby transportation hubs allowing easy access to the rest of the City. Contact local listing agent for easy scheduling of appointments.

Market Insights

Below nearby median-19%

$1018/sqft vs a nearby median of $1256/sqft.

Nearby median$1256/sqft
Nearby properties8
Property size550 sqft
  • -19% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 550 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$750k$677k$824k · 42% confidence
vs ask $560k−$190k (−33.9%)

Asking price is about 33.9% below the fair value — likely to draw competing offers if it's still on market.

$1,256/sqft median across 5 tight comps × 550 sqft= $691k
  • Transit access+$28k +4.0%
  • Pre-war character+$17k +2.5%
  • High-density walkability+$14k +2.0%
Cumulative NYC adjustments+$59k+8.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-19% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
35 days
Last price change
No change recorded
Listed
Apr 7, 2026
Photos
9 photos
Property type
coop
Status
for sale
Last sold
May 2, 2016 · $552,000

Features & Amenities

DoormanElevatorTwo Or More StoriesUpdated KitchenHigh CeilingShopping

Photos

Building Facts

Year built
1905
Stories
12
Total units
77
Residential units
74
Building area
1.49 ac
Lot size
7,531 sqft
Land use
Multi-family elevator buildings
Building class
D4

From NYC public records where available.

Price History

May 4, 2026Initial record
$560,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.