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One-Bedroom Residential Income Property

1325 Fifth Avenue 3M, Manhattan, NY 10029

For Sale
$650,000

Bright residence with an open living plan, marble-finished kitchen, and full-service condominium amenities.

Property Size678 SF
Days on Market70

Property Features for 1325 Fifth Avenue 3M

General Information

Standard status Active
Size 678 SF
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

HOA Fee $75.67

Taxes and HOA fees

Annual Taxes $7,877

Amenities

24/7 staffed lobby
rooftop deck
fitness center
yoga studio
package room with cold storage
bike room
pet-friendly

Building Details

Building Size 678 SF
Year Built 1989
Listing Agency: Bizzarro Agency LLC
Listed By: Matthew J Bizzarro
Source: Serhant
Added: Sep 1 Changed: Nov 9 Last Checked: Nov 8 at 1:54PM

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

Rey
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Investment Insights

Based on property information with market context.

This one-bedroom residential income property features an open arrangement connecting the living, dining, and cooking areas. Oak flooring, large windows, and a landscaped courtyard outlook bring natural light into the home. The kitchen includes white marble counters and Bosch stainless steel appliances, while the bedroom offers oversized casement windows and substantial closet space. A Bosch stacked washer and dryer, white-tiled bathroom, marble vanity top, deep soaking tub, and multi-head shower complete the interior. The residence was built in 1989.

Building amenities include a staffed lobby operating 24/7, rooftop outdoor space with seating and gas grills, a fitness center, yoga studio, package room with cold storage, bike room, and parking options. The pet-friendly condominium is near Central Park's North Woods, Conservatory Garden, Lasker Pool, Museum Mile, shopping, dining, cultural attractions, and multiple MTA stations.

Key Highlights

  • One‑bedroom residence with open living, dining, and cooking areas
  • White marble kitchen counters with Bosch stainless steel appliances
  • Oversized bedroom casement windows and ample closet space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,855
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,100 $517.1K
Cap Rate 7%
$369,357 $369.4K
Cap Rate 9%
$287,278 $287.3K
Market Conditions
NOI Build-Up for 678 SF
Gross rent
$48.8K $72.00/SF
− Vacancy
−$1.8K −$2.66/SF
EGI
$47.0K $69.34/SF
− OpEx
−$21.2K −$31.20/SF
NOI
$25.9K $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%
$517,100
Cap Rate 7%
$369,357
Cap Rate 9%
$287,278

Alternative Uses

Best Use
Apartment 5plus
$369.4K
$323.2K – $430.9K (±1% cap)
NOI $25,855 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$474.0K
$414.8K – $553.0K (±1% cap)
NOI $33,180 @ 7.0% cap · market cap 5.10%
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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,663
Businesses Nearby

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

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 - Bright residence with an open living plan, marble-finished kitchen, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 1325 Fifth Avenue 3M Manhattan, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: One‑bedroom residence with open living, dining, and cooking areas; White marble kitchen counters with Bosch stainless steel appliances; Oversized bedroom casement windows and ample closet space
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