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Split-Bedroom Residential Income Property

127 E 30th Street 1B, New York City, NY 10016

For Sale
$900,000

Renovated two-bedroom residence with smart privacy windows, extensive storage, and full-service building amenities.

Property Size1,186 SF
Price / SF$758.85
Days on Market272

Property Features for 127 E 30th Street 1B

General Information

Standard status Active
Size 1,186 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $22,128

Amenities

24-hour doorman
live-in super
bike room
landscaped roof deck
in-unit washer/dryer
deeded storage locker

Building Details

Building Size 1,186 SF
Year Built 1988
Listing Agency: Yoreevo LLC
Listed By: James McGrath
Source: Nobleblackandpartners
Added: Feb 11 Changed: Oct 31 Last Checked: Nov 8 at 11:26AM

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 Yoreevo LLC

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Investment Insights

Based on property information with market context.

This 1,186 SF residential income property is configured as a two-bedroom, two-bath condominium with a split-bedroom arrangement and potential to convert to three bedrooms. The home includes an oversized living and dining area, three walk-in closets, a deeded storage locker, a renovated kitchen, and an in-unit washer/dryer. South-facing windows feature switchable privacy film that changes between clear and frosted settings. The residence was built in 1988.

Lexington Parc provides full-service amenities including a 24-hour doorman, live-in superintendent, bike room, and landscaped roof deck with panoramic Empire State views. The property is located at 127 E 30th Street 1B in New York City, with access to the 6, R, and W trains steps away.

Key Highlights

  • 1,186 SF two‑bedroom, two‑bath condominium with potential conversion to three bedrooms
  • Split‑bedroom layout with oversized living and dining area
  • Three walk‑in closets plus deeded storage locker

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,107
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,140 $742.1K
Cap Rate 7%
$530,100 $530.1K
Cap Rate 9%
$412,300 $412.3K
Market Conditions
NOI Build-Up for 1,186 SF
Gross rent
$71.0K $59.88/SF
− Vacancy
−$3.6K −$2.99/SF
EGI
$67.5K $56.89/SF
− OpEx
−$30.4K −$25.60/SF
NOI
$37.1K $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%
$742,140
Cap Rate 7%
$530,100
Cap Rate 9%
$412,300

Alternative Uses

Best Use
Apartment 5plus
$530.1K
$463.8K – $618.5K (±1% cap)
NOI $37,107 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$829.2K
$725.5K – $967.4K (±1% cap)
NOI $58,041 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

73,472
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated two-bedroom residence with smart privacy windows, extensive storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 127 E 30th Street 1B New York City, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1,186 SF two‑bedroom, two‑bath condominium with potential conversion to three bedrooms; Split‑bedroom layout with oversized living and dining area; Three walk‑in closets plus deeded storage locker
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