Park Avenue Apartment for
For Sale
$850,000
465 PARK Avenue 18F, New York City, NY 10022
Apartment located at 465 Park Ave, New York, NY 10022.
Property Size850 SF
Price / SF$1,000
Days on Market533
Property Features for 465 PARK Avenue 18F
General Information
Standard status
Active
Size
850 SF
Property subtype
Apartment
Building Details
Building Size
850 SF
Year Built
1926
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Rose Franco · License #10401266381
(917) 770-1862
Source:
Miradorrealestate
Added: Apr 26, 2025
Changed: Oct 9
Last Checked: Oct 10 at 12:06AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
A residential apartment is available for sale at 465 Park Ave, New York, NY 10022. The list price is $595,000.
Key Highlights
- Year Built: 1926
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,594
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,880
$531.9K
Cap Rate 7%
$379,914
$379.9K
Cap Rate 9%
$295,489
$295.5K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$50.9K $59.88/SF
− Vacancy
−$2.5K −$2.99/SF
EGI
$48.4K $56.89/SF
− OpEx
−$21.8K −$25.60/SF
NOI
$26.6K $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%
$531,880
Cap Rate 7%
$379,914
Cap Rate 9%
$295,489
Alternative Uses
Best Use
Apartment 5plus
$379.9K
$332.4K – $443.2K
NOI $26,594 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.85M – $2.47M
NOI $148,104 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
49,964
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment located at 465 Park Ave, New York, NY 10022.
Where is this apartment building located?
The property is located at 465 PARK Avenue 18F New York City, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Year Built: 1926
