Top-Floor Residential Income
For Sale
$645,000
111 W 113th Street 6A, New York City, NY 10026
One-bedroom condominium with private outdoor space and central air conditioning.
Property Size610 SF
Price / SF$1,057
Days on Market61
Property Features for 111 W 113th Street 6A
General Information
Standard status
Active
Size
610 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$36
Amenities
common rooftop deck
landscaped backyard with gas grill
laundry facilities
central air conditioning
Building Details
Building Size
610 SF
Year Built
2011
Listing Agency:
Compass
Listed By:
John R McGuinness
(617) 833-5668
Source:
Nobleblackandpartners
Added: Sep 5
Changed: Oct 31
Last Checked: Nov 3 at 2:40PM
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 Compass
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Investment Insights
Based on property information with market context.
Residence 6A is a 610-square-foot, one-bedroom condominium on the top floor of an elevator building completed in 2011. The home includes central air conditioning, a dedicated office nook within the bedroom, and a south-facing balcony. Residents also have access to a shared rooftop deck, landscaped backyard with gas grill, and laundry facilities.
The property is at 111 W 113th Street in New York City’s Harlem neighborhood, two blocks from Central Park and near Morningside Park. Citi Bike stations are approximately one block away. Subway access includes the 2 and 3 lines, with the A, B, and C trains also nearby. Columbia University is within easy reach. The residence is presented as suitable for a primary home, pied-a-terre, or investment property.
The property is at 111 W 113th Street in New York City’s Harlem neighborhood, two blocks from Central Park and near Morningside Park. Citi Bike stations are approximately one block away. Subway access includes the 2 and 3 lines, with the A, B, and C trains also nearby. Columbia University is within easy reach. The residence is presented as suitable for a primary home, pied-a-terre, or investment property.
Key Highlights
- 610 SF one‑bedroom condominium
- Top‑floor residence with a south‑facing balcony
- Central air conditioning and dedicated bedroom office nook
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,085
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,700
$381.7K
Cap Rate 7%
$272,643
$272.6K
Cap Rate 9%
$212,056
$212.1K
Market Conditions
NOI Build-Up for 610 SF
Gross rent
$36.5K $59.88/SF
− Vacancy
−$1.8K −$2.99/SF
EGI
$34.7K $56.89/SF
− OpEx
−$15.6K −$25.60/SF
NOI
$19.1K $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%
$381,700
Cap Rate 7%
$272,643
Cap Rate 9%
$212,056
Alternative Uses
Best Use
Apartment 5plus
$272.6K
$238.6K – $318.1K
NOI $19,085 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,286 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,306
Businesses Nearby
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Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium with private outdoor space and central air conditioning.
Where is this residential income property located?
The property is located at 111 W 113th Street 6A New York City, NY.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 610 SF one‑bedroom condominium; Top‑floor residence with a south‑facing balcony; Central air conditioning and dedicated bedroom office nook
