Renovated Residential Income
140 Cabrini Boulevard 23, Manhattan, NY 10033
For Sale
$469,000
Pending
One-bedroom residence with updated kitchen and bath, hardwood flooring, generous storage, and Hudson River views.
Property Size800 SF
Days on Market63
Property Features for 140 Cabrini Boulevard 23
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Jennifer P Pasbjerg · License NY #10301208761
(646) 391-0017
Source:
Howardhannanyc
Added: Sep 8
Changed: Nov 2
Last Checked: Nov 8 at 1:44PM
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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Investment Insights
Based on property information with market context.
Residence 23 is a renovated one-bedroom home in a 1939 residential property, with approximately 800 square feet of interior space. The layout includes a flexible entry area, a large living room, a king-sized bedroom, a separate dressing or office area, and generous closet storage. Herringbone oak floors, high ceilings, and three exposures add to the prewar character and natural light.
The windowed kitchen features a passthrough breakfast bar, granite countertops, ceramic tile, mahogany cabinetry, and stainless-steel appliances. The windowed bath has also been fully renovated. In 2025, the walls, ceilings, and doors were freshly painted and the hardwood floors were refinished. The home has views toward the River, gardens, and George Washington Bridge, while Castle Village provides landscaped grounds, walking paths, roof decks, a gym, indoor playspace, garage, community room, laundry facilities, storage, bike storage, doormen, and on-site management.
The windowed kitchen features a passthrough breakfast bar, granite countertops, ceramic tile, mahogany cabinetry, and stainless-steel appliances. The windowed bath has also been fully renovated. In 2025, the walls, ceilings, and doors were freshly painted and the hardwood floors were refinished. The home has views toward the River, gardens, and George Washington Bridge, while Castle Village provides landscaped grounds, walking paths, roof decks, a gym, indoor playspace, garage, community room, laundry facilities, storage, bike storage, doormen, and on-site management.
Key Highlights
- Renovated one‑bedroom residence with approximately 800 square feet of interior space
- Freshly painted and refinished hardwood floors completed in 2025
- Windowed kitchen with passthrough, breakfast bar, granite counters, and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,030
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,600
$500.6K
Cap Rate 7%
$357,571
$357.6K
Cap Rate 9%
$278,111
$278.1K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$47.9K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$45.5K $56.89/SF
− OpEx
−$20.5K −$25.60/SF
NOI
$25.0K $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%
$500,600
Cap Rate 7%
$357,571
Cap Rate 9%
$278,111
Alternative Uses
Best Use
Apartment 5plus
$357.6K
$312.9K – $417.2K
NOI $25,030 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.3K
$489.4K – $652.5K
NOI $39,151 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
4,428
Businesses Nearby
Explore this area
Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
Market
Average Price Trend$/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 - One-bedroom residence with updated kitchen and bath, hardwood flooring, generous storage, and Hudson River views.
Where is this residential income property located?
The property is located at 140 Cabrini Boulevard 23 Manhattan, NY.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Renovated one‑bedroom residence with approximately 800 square feet of interior space; Freshly painted and refinished hardwood floors completed in 2025; Windowed kitchen with passthrough, breakfast bar, granite counters, and stainless‑steel appliances
