One-Bedroom Residential Income
For Sale
$955,000
100 RIVERSIDE Boulevard 7U, New York City, NY 10069
East-facing condo with hardwood floors, in-unit laundry, and extensive full-service building amenities.
Property Size861 SF
Price / SF$1,109
Days on Market289
Property Features for 100 RIVERSIDE Boulevard 7U
General Information
Standard status
Active
Size
861 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
doorman
concierge services
fitness center
business center
pet spa
catering kitchen
children's play area
billiards room
screening room
lounge
outdoor space
in-unit washer/dryer
Building Details
Building Size
861 SF
Year Built
2007
Listing Agency:
Corcoran Group
(917) 855-0222
Listed By:
Katherine S Slattery · License #30SL0510041 (NY)
(917) 855-0222
Source:
Miradorrealestate
Added: Nov 9, 2025
Changed: Aug 23
Last Checked: Aug 24 at 1:47PM
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 Corcoran Group
Investment Insights
Based on property information with market context.
This 861-square-foot, one-bedroom, one-bathroom condominium is located in a post-war high-rise completed in 2007. The residence features east-facing oversized noise-reducing windows, hardwood flooring, a pass-through kitchen, a separate dining area within the living room, and an in-unit washer and dryer. Thru-wall heating and cooling provide year-round climate control.
Building services and common areas include a full-time doorman, concierge, fitness center, business center, pet spa, catering kitchen, children’s play area, billiards room, screening room, lounge, and outdoor space. The property is pet-friendly, and a garage is available. Riverside Park and Lincoln Center are nearby, with the residence at 100 Riverside Boulevard, Unit 7U, New York City, NY 10069.
Building services and common areas include a full-time doorman, concierge, fitness center, business center, pet spa, catering kitchen, children’s play area, billiards room, screening room, lounge, and outdoor space. The property is pet-friendly, and a garage is available. Riverside Park and Lincoln Center are nearby, with the residence at 100 Riverside Boulevard, Unit 7U, New York City, NY 10069.
Key Highlights
- 861‑square‑foot one‑bedroom, one‑bathroom condominium
- East‑facing oversized noise‑reducing windows
- Pass‑through kitchen and separate living‑room dining area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,938
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,760
$538.8K
Cap Rate 7%
$384,829
$384.8K
Cap Rate 9%
$299,311
$299.3K
Market Conditions
NOI Build-Up for 861 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.6K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$49.0K $56.89/SF
− OpEx
−$22.0K −$25.60/SF
NOI
$26.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,760
Cap Rate 7%
$384,829
Cap Rate 9%
$299,311
Alternative Uses
Best Use
Apartment 5plus
$384.8K
$336.7K – $449.0K
NOI $26,938 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.14M
$1.88M – $2.50M
NOI $150,021 @ 7.0% cap · market cap 15.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
12,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 10069, NY
6,671
Population
3,647
Households
1.8
Avg Household Size
38
Median Age
91%
College-Educated
100%
High-School Grad
$226,151
Median Household Income
$207,924
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - East-facing condo with hardwood floors, in-unit laundry, and extensive full-service building amenities.
Where is this residential income property located?
The property is located at 100 RIVERSIDE Boulevard 7U New York City, NY.
What is the asking price?
The asking price for this property is $955,000.
What are key features of this property?
This property features: 861‑square‑foot one‑bedroom, one‑bathroom condominium; East‑facing oversized noise‑reducing windows; Pass‑through kitchen and separate living‑room dining area
