Apartment Building in New
For Sale
$1,100,000
Pending
2002 5th Ave 5B, New York, NY 10035
Apartment building for sale in New York, NY.
Property Size1,380 SF
Days on Market309
Property Features for 2002 5th Ave 5B
General Information
Standard status
Pending
Size
1,380 SF
Property subtype
Residential
Building Details
Building Size
1,380 SF
Year Built
2004
Units
24
Listing Agency:
Compass
Listed By:
Dianne L Howard
(917) 549-3239
Source:
Elliman
Added: Dec 3, 2025
Changed: Sep 30
Last Checked: Oct 7 at 12:37PM
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
Investment Insights
Based on property information with market context.
An apartment building is available for purchase. The property is located in New York, NY. The list price is $1,100,000.
Key Highlights
- Year Built: 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,176
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,520
$863.5K
Cap Rate 7%
$616,800
$616.8K
Cap Rate 9%
$479,733
$479.7K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$82.6K $59.88/SF
− Vacancy
−$4.1K −$2.99/SF
EGI
$78.5K $56.89/SF
− OpEx
−$35.3K −$25.60/SF
NOI
$43.2K $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%
$863,520
Cap Rate 7%
$616,800
Cap Rate 9%
$479,733
Alternative Uses
Best Use
Apartment 5plus
$616.8K
$539.7K – $719.6K
NOI $43,176 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.44M
$3.01M – $4.01M
NOI $240,451 @ 7.0% cap · market cap 21.86%
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
9,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
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 building for sale in New York, NY.
Where is this apartment building located?
The property is located at 2002 5th Ave 5B New York, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Year Built: 2004
