Residential Income Property with
New
For Sale
$480,000
1 S END Avenue 4M, New York City, NY 10280
A pass-through kitchen, stainless-steel appliances, and breakfast bar complement the residence’s oversized windows.
Property Size578 SF
Price / SF$830.45
Days on Market7
Property Features for 1 S END Avenue 4M
General Information
Standard status
Active
Size
578 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$10,824
Building Details
Building Size
578 SF
Year Built
1988
Listing Agency:
Battery Park City Residential LLC
Listed By:
Lixi Ma
(212) 964-4300
Source:
Broadwayrealty
Added: Oct 2
Changed: Oct 8
Last Checked: Oct 7 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Battery Park City Residential LLC
Investment Insights
Based on property information with market context.
This condominium residence features an oversized bedroom with a large closet, a marble bathroom with vanity storage, and additional closets at the entry. The living area has oversized windows, while the kitchen is fitted with full-size stainless-steel appliances, including a dishwasher, and an extended counter with breakfast seating. The building was constructed in 1988 and provides 24-hour doorman and concierge service, a live-in superintendent, a gym, laundry facilities, a residents’ lounge, a rooftop deck with water views, and an on-site parking garage accessible from the lobby.
In Battery Park City, the property is near waterfront open space and recreation along The Battery and the esplanade. Brookfield Place, Westfield World Trade, nearby subway service on the 1, R/W, and 4/5 lines, and the Brookfield Place Ferry Terminal are also noted nearby.
In Battery Park City, the property is near waterfront open space and recreation along The Battery and the esplanade. Brookfield Place, Westfield World Trade, nearby subway service on the 1, R/W, and 4/5 lines, and the Brookfield Place Ferry Terminal are also noted nearby.
Key Highlights
- Condominium residence in a building constructed in 1988
- Oversized bedroom with large closet; marble bathroom includes vanity storage
- Kitchen has full‑size stainless‑steel appliances, including a dishwasher, plus breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,084
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,680
$361.7K
Cap Rate 7%
$258,343
$258.3K
Cap Rate 9%
$200,933
$200.9K
Market Conditions
NOI Build-Up for 578 SF
Gross rent
$34.6K $59.88/SF
− Vacancy
−$1.7K −$2.99/SF
EGI
$32.9K $56.89/SF
− OpEx
−$14.8K −$25.60/SF
NOI
$18.1K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,680
Cap Rate 7%
$258,343
Cap Rate 9%
$200,933
Alternative Uses
Best Use
Apartment 5plus
$258.3K
$226.1K – $301.4K
NOI $18,084 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,711 @ 7.0% cap · market cap 20.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25,207
Businesses Nearby
Explore this area
Business Placement
Demographics for 10280, NY
8,993
Population
5,015
Households
1.8
Avg Household Size
38
Median Age
90%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
89,930
Density / Sq Mi
$206,250
Median Household Income
$131,677
Median Earnings
$3,501
Median Rent
$893,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A pass-through kitchen, stainless-steel appliances, and breakfast bar complement the residence’s oversized windows.
Where is this residential income property located?
The property is located at 1 S END Avenue 4M New York City, NY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Condominium residence in a building constructed in 1988; Oversized bedroom with large closet; marble bathroom includes vanity storage; Kitchen has full‑size stainless‑steel appliances, including a dishwasher, plus breakfast bar
