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Residential Income Property

105-115 Bennett Avenue 22-A, Manhattan, NY 10033

For Sale
New
$549,000

A renovated two-bedroom condo with an open kitchen and living area, hardwood floors, and access to shared building amenities.

Property Size806 SF
Price / SF$681.14
Days on Market6

Property Features for 105-115 Bennett Avenue 22-A

General Information

Standard status Active
Size 806 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,404

Amenities

elevator
laundry
storage lockers
package room
live-in super

Building Details

Building Size 806 SF
Year Built 1939
Listing Agency: EXP Realty NYC
Listed By: GianCarlos De la Cruz · License NY 40DE1147916
Source: Howardhannanyc
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:32PM

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 EXP Realty NYC

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Investment Insights

Based on property information with market context.

This 806-square-foot condo has two bedrooms and one bathroom, with an open kitchen and living area that accommodates dining. Hardwood floors, recessed lighting, ceiling fans, and closet storage are among the interior features. The building, constructed in 1939, has an elevator, laundry facilities, storage lockers, a package room, and a live-in superintendent.

The property is on Bennett Avenue in Manhattan, one block from the A express train. Nearby destinations include Columbia University Irving Medical Center, Yeshiva University, Fort Tryon Park, and The Cloisters.

Key Highlights

  • 806‑square‑foot, two‑bedroom, one‑bathroom condo
  • Open kitchen and living area with space for dining
  • Building amenities include an elevator, laundry, storage lockers, package room, and live‑in superintendent

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,218
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,360 $504.4K
Cap Rate 7%
$360,257 $360.3K
Cap Rate 9%
$280,200 $280.2K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$48.3K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$45.9K $56.89/SF
− OpEx
−$20.6K −$25.60/SF
NOI
$25.2K $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%
$504,360
Cap Rate 7%
$360,257
Cap Rate 9%
$280,200

Alternative Uses

Best Use
Apartment 5plus
$360.3K
$315.2K – $420.3K (±1% cap)
NOI $25,218 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.5K
$493.1K – $657.4K (±1% cap)
NOI $39,444 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,665
Businesses Nearby

Demographics for 10033, NY

50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A renovated two-bedroom condo with an open kitchen and living area, hardwood floors, and access to shared building amenities.
Where is this residential income property located?
The property is located at 105-115 Bennett Avenue 22-A Manhattan, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 806‑square‑foot, two‑bedroom, one‑bathroom condo; Open kitchen and living area with space for dining; Building amenities include an elevator, laundry, storage lockers, package room, and live‑in superintendent
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