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Renovated Residential Income Unit

1330 Fifth Avenue 5D, Manhattan, NY 10026

For Sale
$650,000

One-bedroom residence with updated interiors, modern appliances, and access to condominium amenities near Central Park.

Property Size697 SF
Price / SF$932.57
Days on Market58

Property Features for 1330 Fifth Avenue 5D

General Information

Standard status Active
Size 697 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $9,002

Building Details

Building Size 697 SF
Year Built 1989
Listing Agency: Bizzarro Agency LLC
Listed By: Matthew J Bizzarro
Source: Bondnyre
Added: Sep 11 Changed: Nov 7 Last Checked: Nov 6 at 4:19PM

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 renovated residential income unit includes one bedroom and one bathroom within The Fifth Avenue condominium. The layout features an open kitchen with full-size stainless steel appliances, white cabinetry, stone countertops, wide-plank flooring, gallery-style lighting, and north-facing windows. A walk-in closet includes a combination washer and dryer, while the bedroom accommodates a king-size bed and dresser. Through-wall air conditioning and a contemporary tiled bathroom complete the interior. The property size is 697, and the building was constructed in 1989.

Residents have access to a common deck with lounge, dining, grilling, and turf areas, along with a fitness center, bike room, package room, optional storage, and a third-party parking lot. Central Park is one block away, with Museum Mile and The Davis Center nearby. The 2, 3, and 6 trains provide access to downtown.

Key Highlights

  • One‑bedroom, one‑bathroom residence in The Fifth Avenue condominium
  • Renovated interior with open kitchen and full‑size stainless steel appliances
  • Sponsor unit with no board approval

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,807
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,140 $436.1K
Cap Rate 7%
$311,529 $311.5K
Cap Rate 9%
$242,300 $242.3K
Market Conditions
NOI Build-Up for 697 SF
Gross rent
$41.7K $59.88/SF
− Vacancy
−$2.1K −$2.99/SF
EGI
$39.6K $56.89/SF
− OpEx
−$17.8K −$25.60/SF
NOI
$21.8K $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%
$436,140
Cap Rate 7%
$311,529
Cap Rate 9%
$242,300

Alternative Uses

Best Use
Apartment 5plus
$311.5K
$272.6K – $363.5K (±1% cap)
NOI $21,807 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.73M
$1.52M – $2.02M (±1% cap)
NOI $121,445 @ 7.0% cap · market cap 18.68%
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

Location Intelligence

Trade Area within ½ mile

8,663
Businesses Nearby

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
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 - One-bedroom residence with updated interiors, modern appliances, and access to condominium amenities near Central Park.
Where is this residential income property located?
The property is located at 1330 Fifth Avenue 5D 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, one‑bathroom residence in The Fifth Avenue condominium; Renovated interior with open kitchen and full‑size stainless steel appliances; Sponsor unit with no board approval
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