Duplex Residential Income
13 Worth Street 11, Manhattan, NY 10013
For Sale
$2,995,000
Two levels include a double-height living area, a secure basement storage room, and a layout that can support multiple configurations.
Property Size4,000 SF
Price / SF$748.75
Days on Market173
Property Features for 13 Worth Street 11
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
basement storage room
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Todd C Vitolo
(917) 566-7920
Source:
Dallien
Added: May 21
Changed: Nov 8
Last Checked: Nov 8 at 2:50PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-level residential property spans approximately 4,000 square feet and features a double-height living room with 21-foot ceilings. The duplex loft is in original condition and was formerly used as an artist studio. A large, secure basement room provides additional storage. The floor plan allows for multiple configurations, including the possibility of adding bedrooms and bathrooms.
The property is part of a co-op building with 11 residences, constructed in 1880. Pets are permitted with board approval.
The property is part of a co-op building with 11 residences, constructed in 1880. Pets are permitted with board approval.
Key Highlights
- Approximately 4,000 square feet across two levels
- Double‑height living room with 21‑foot ceilings
- Large, secure basement storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,149
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,502,980
$2.5M
Cap Rate 7%
$1,787,843
$1.8M
Cap Rate 9%
$1,390,544
$1.4M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$239.5K $59.88/SF
− Vacancy
−$12.0K −$2.99/SF
EGI
$227.5K $56.89/SF
− OpEx
−$102.4K −$25.60/SF
NOI
$125.1K $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%
$2,502,980
Cap Rate 7%
$1,787,843
Cap Rate 9%
$1,390,544
Alternative Uses
Best Use
Apartment 5plus
$1.79M
$1.56M – $2.09M
NOI $125,149 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,754 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
29,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Two levels include a double-height living area, a secure basement storage room, and a layout that can support multiple configurations.
Where is this residential income property located?
The property is located at 13 Worth Street 11 Manhattan, 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: Approximately 4,000 square feet across two levels; Double‑height living room with 21‑foot ceilings; Large, secure basement storage room
