Multifamily Property in New
For Sale
$2,995,000
Pending
304 W 137th St, New York, NY 10030
Multifamily property for sale in New York, NY.
Property Size4,250 SF
Lot Size0.03 Acres
Days on Market315
Property Features for 304 W 137th St
General Information
Standard status
Pending
Size
4,250 SF
Lot size
0.03 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,424
Building Details
Building Size
4,250 SF
Year Built
1910
Units
2
Listed By:
Corissa Nadrowski
(646) 369-4810
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 7 at 12:43PM
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 Corissa Nadrowski
Investment Insights
Based on property information with market context.
This multifamily property is located in New York, NY. The list price is $3,999,999.
Key Highlights
- Year Built: 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,971
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,659,420
$2.7M
Cap Rate 7%
$1,899,586
$1.9M
Cap Rate 9%
$1,477,456
$1.5M
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$254.5K $59.88/SF
− Vacancy
−$12.7K −$2.99/SF
EGI
$241.8K $56.89/SF
− OpEx
−$108.8K −$25.60/SF
NOI
$133.0K $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%
$2,659,420
Cap Rate 7%
$1,899,586
Cap Rate 9%
$1,477,456
Alternative Uses
Best Use
Apartment 5plus
$1.90M
$1.66M – $2.22M
NOI $132,971 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.58M
$9.26M – $12.34M
NOI $740,520 @ 7.0% cap · market cap 24.73%
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
7,546
Businesses Nearby
Explore this area
Business Placement
Demographics for 10030, NY
29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
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?
Multifamily property - Multifamily property for sale in New York, NY.
Where is this multifamily property located?
The property is located at 304 W 137th St New York, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Year Built: 1910
