Renovated Residential Income
1330 Fifth Avenue 3A, Manhattan, NY 10026
For Sale
$925,000
Renovated condominium residence with an open kitchen, north-facing windows, and access to extensive common amenities.
Property Size955 SF
Price / SF$968.59
Days on Market58
Property Features for 1330 Fifth Avenue 3A
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
fitness center
bike room
package room
common deck
gas grills
turf areas
optional storage
Building Details
Building Size
Year Built
Listing Agency:
Bizzarro Agency LLC
Listed By:
Matthew J Bizzarro
(917) 979-2259
Source:
Nobleblackandpartners
Added: Sep 11
Changed: Nov 7
Last Checked: Nov 6 at 2:22PM
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
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Investment Insights
Based on property information with market context.
This 697-square-foot residential income property at The Fifth Avenue is a renovated 1-bedroom, 1-bathroom condominium residence completed in 1989. The layout includes a wide entry, oversized walk-in closet, combination washer/dryer, open kitchen with full-size stainless steel appliances, white cabinetry, and stone countertops. Blonde wide-plank floors, gallery-style lighting, north-facing windows, through-wall A/C, and a modern tiled bathroom complete the interior. The unit is offered as a sponsor unit with no board approval required.
Residents have access to a common deck with lounging, dining areas, gas grills, and turf areas, along with a fitness center, bike room, package room, optional storage, and a third-party parking lot in the building. The property is one block from Central Park and near Museum Mile, The Davis Center, restaurants, coffee shops, and the 2, 3, and 6 trains.
Residents have access to a common deck with lounging, dining areas, gas grills, and turf areas, along with a fitness center, bike room, package room, optional storage, and a third-party parking lot in the building. The property is one block from Central Park and near Museum Mile, The Davis Center, restaurants, coffee shops, and the 2, 3, and 6 trains.
Key Highlights
- 697 SF 1‑bedroom, 1‑bathroom condominium residence
- Sponsor unit with no board approval required
- Renovated open kitchen with stainless steel appliances and stone countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,879
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,580
$597.6K
Cap Rate 7%
$426,843
$426.8K
Cap Rate 9%
$331,989
$332.0K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$57.2K $59.88/SF
− Vacancy
−$2.9K −$2.99/SF
EGI
$54.3K $56.89/SF
− OpEx
−$24.4K −$25.60/SF
NOI
$29.9K $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%
$597,580
Cap Rate 7%
$426,843
Cap Rate 9%
$331,989
Alternative Uses
Best Use
Apartment 5plus
$426.8K
$373.5K – $498.0K
NOI $29,879 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.38M
$2.08M – $2.77M
NOI $166,399 @ 7.0% cap · market cap 17.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,663
Businesses Nearby
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Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
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Market
Average Price Trend$/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 - Renovated condominium residence with an open kitchen, north-facing windows, and access to extensive common amenities.
Where is this residential income property located?
The property is located at 1330 Fifth Avenue 3A Manhattan, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 697 SF 1‑bedroom, 1‑bathroom condominium residence; Sponsor unit with no board approval required; Renovated open kitchen with stainless steel appliances and stone countertops
