Remodeled Residential Income
For Sale
$1,190,000
1325 Fifth Avenue 3C, New York City, NY 10029
Corner residence with three bedrooms, two baths, southern and eastern exposure, and access to extensive condominium amenities.
Property Size1,332 SF
Price / SF$893.39
Days on Market109
Property Features for 1325 Fifth Avenue 3C
General Information
Standard status
Active
Size
1,332 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$15,304
Building Details
Building Size
1,332 SF
Year Built
1989
Listing Agency:
Bizzarro Agency LLC
Listed By:
Matthew J Bizzarro
(917) 979-2259
Source:
Miradorrealestate
Added: Jun 22
Changed: Oct 6
Last Checked: Oct 7 at 5:25PM
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 Bizzarro Agency LLC
Investment Insights
Based on property information with market context.
This sponsor unit is a remodeled corner residence with three bedrooms and two baths, offered without board approval. Southern and eastern exposures bring natural light to a layout with wide-plank flooring, recessed lighting, and large windows. The front gallery opens to an expansive living and dining area connected to a custom kitchen with white stone counters, see-through cabinetry, and an integrated refrigerator. The primary suite includes a walk-in closet and an ensuite bath with a frameless shower and floating teak vanity. A second full bath features a soaking tub and rain shower, while a stacked washer/dryer is concealed in the hallway.
The Fifth Avenue condominium comprises the buildings at 1325 and 1330 Fifth Avenue. Shared amenities include a furnished roof deck with dining areas, gas grills, and turf sections, along with a fitness center, bike room, package room, optional storage, and third-party parking. Central Park is one block away, and the 2, 3, and 6 trains are nearby. The property was built in 1989.
The Fifth Avenue condominium comprises the buildings at 1325 and 1330 Fifth Avenue. Shared amenities include a furnished roof deck with dining areas, gas grills, and turf sections, along with a fitness center, bike room, package room, optional storage, and third-party parking. Central Park is one block away, and the 2, 3, and 6 trains are nearby. The property was built in 1989.
Key Highlights
- Sponsor unit offered without board approval
- Three‑bedroom, two‑bath corner residence with southern and eastern exposures
- Remodeled kitchen with white stone counters, see‑through cabinets, and integrated refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,796
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,920
$1.0M
Cap Rate 7%
$725,657
$725.7K
Cap Rate 9%
$564,400
$564.4K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$95.9K $72.00/SF
− Vacancy
−$3.5K −$2.66/SF
EGI
$92.4K $69.34/SF
− OpEx
−$41.6K −$31.20/SF
NOI
$50.8K $38.13/SF
Area
ZIP 10029
Vacancy
3.70%
Lease Rate
$72.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,920
Cap Rate 7%
$725,657
Cap Rate 9%
$564,400
Alternative Uses
Best Use
Apartment 5plus
$725.7K
$635.0K – $846.6K
NOI $50,796 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.75M
$4.16M – $5.54M
NOI $332,667 @ 7.0% cap · market cap 27.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,663
Businesses Nearby
Explore this area
Business Placement
Demographics for 10029, NY
78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Corner residence with three bedrooms, two baths, southern and eastern exposure, and access to extensive condominium amenities.
Where is this residential income property located?
The property is located at 1325 Fifth Avenue 3C New York City, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Sponsor unit offered without board approval; Three‑bedroom, two‑bath corner residence with southern and eastern exposures; Remodeled kitchen with white stone counters, see‑through cabinets, and integrated refrigerator
