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Renovated Residential Income Property

1001 5TH Avenue 7A, New York City, NY 10028

For Sale
$2,300,000

The 1,500-square-foot apartment has two bedrooms, two-and-a-half bathrooms, and a renovated open kitchen.

Property Size1,500 SF
Price / SF$1,533
Days on Market298

Property Features for 1001 5TH Avenue 7A

General Information

Standard status Active
Size 1,500 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

24-hour lobby attendant
live-in superintendent
fitness center
bike storage

Building Details

Building Size 1,500 SF
Year Built 1978
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Maria Serena Torresy
Source: Irynaferenets
Added: Jan 16 Changed: Nov 9 Last Checked: Nov 9 at 8:53AM

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 Brown Harris Stevens Residential Sales LLC

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Investment Insights

Based on property information with market context.

This 1,500-square-foot apartment offers two bedrooms and two-and-a-half bathrooms. A spacious living area connects to an open kitchen with white cabinetry, butcher block counters, stainless steel appliances, and open shelving. The layout also includes a dining area, a separate laundry space with washer and dryer, hardwood floors, and en-suite bathrooms for both bedrooms. The unit has been gut renovated and receives natural light, with views toward Fifth Avenue and the Metropolitan Museum of Art.

Completed in 1978, the Philip Johnson-designed building provides a 24-hour lobby attendant, a live-in superintendent, a fitness center, and bike storage. Pets and pied-à-terre ownership are permitted. A 2% flip tax applies.

Key Highlights

  • 1,500‑square‑foot apartment with two bedrooms and two‑and‑a‑half bathrooms
  • Gut‑renovated interior with hardwood floors and open kitchen
  • Both bedrooms have en‑suite bathrooms and closet space

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

14,386
Businesses Nearby

Demographics for 10028, NY

48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The 1,500-square-foot apartment has two bedrooms, two-and-a-half bathrooms, and a renovated open kitchen.
Where is this residential income property located?
The property is located at 1001 5TH Avenue 7A New York City, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 1,500‑square‑foot apartment with two bedrooms and two‑and‑a‑half bathrooms; Gut‑renovated interior with hardwood floors and open kitchen; Both bedrooms have en‑suite bathrooms and closet space
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