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Studio Residential Income Property

121 E 23RD Street 8G, Manhattan, NY 10010

For Sale
New
$749,000

The current tenant is in place through September 30, 2027.

Property Size475 SF
Price / SF$1,576
Days on Market6

Property Features for 121 E 23RD Street 8G

General Information

Standard status Active
Size 475 SF
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,424

Amenities

24-hour door staff
concierge services
valet dry cleaning
commercial laundry room
fitness center
communal garden roof deck

Building Details

Building Size 475 SF
Year Built 2005
Tenancy Single
Listing Agency: Corcoran Group
Listed By: Amanda Kahn · License #10401322700 (NY)
Source: Carlinwright
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 6 at 5:15PM

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 Corcoran Group

Rey
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Investment Insights

Based on property information with market context.

This studio condominium at Crossing 23rd features Brazilian cherry flooring, an open kitchen with granite counters, glass tile backsplash, stainless steel appliances, and a gas range. The bathroom has quartz counters and subway tile, and the apartment also offers a walk-in closet and 9.5-inch ceilings. Cable and internet are included. The building was completed in 2005 and provides 24-hour door staff, concierge service, valet dry cleaning, a commercial laundry room, a fitness center, and a shared rooftop garden.

At 121 E 23rd Street in Manhattan, the property is positioned near Madison Square Park and the Flatiron District and Gramercy Park neighborhoods. Nearby options include CVS, Morton Williams, and Walgreens. Subway access includes the 6, N, R, and W lines, with connections to the 4, 5, Q, and L.

Key Highlights

  • Tenant in place through September 30, 2027
  • Studio condominium in Crossing 23rd, built in 2005
  • Open kitchen with granite counters, glass tile backsplash, stainless steel appliances, and a gas range

Property Analytics

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Lease Details

1
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

60,948
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
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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 - The current tenant is in place through September 30, 2027.
Where is this residential income property located?
The property is located at 121 E 23RD Street 8G Manhattan, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Tenant in place through September 30, 2027; Studio condominium in Crossing 23rd, built in 2005; Open kitchen with granite counters, glass tile backsplash, stainless steel appliances, and a gas range
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