Claremont Avenue Apartment for
For Sale
$649,900
140 Claremont Ave 6B, New York, NY 10027
Apartment building for sale, priced at $649,900.
Property Size650 SF
Days on Market317
Property Features for 140 Claremont Ave 6B
General Information
Standard status
Active
Size
650 SF
Property subtype
Residential
Building Details
Building Size
650 SF
Year Built
1908
Listing Agency:
RE/MAX In The City
Listed By:
Chintan Trivedi · License #996433
(917) 637-0161
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 25
Last Checked: Oct 9 at 10:03PM
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 RE/MAX In The City
Investment Insights
Based on property information with market context.
An apartment building is available for purchase. The list price is $649,900.
Key Highlights
- Year Built: 1908
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,337
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,740
$406.7K
Cap Rate 7%
$290,529
$290.5K
Cap Rate 9%
$225,967
$226.0K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$38.9K $59.88/SF
− Vacancy
−$1.9K −$2.99/SF
EGI
$37.0K $56.89/SF
− OpEx
−$16.6K −$25.60/SF
NOI
$20.3K $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%
$406,740
Cap Rate 7%
$290,529
Cap Rate 9%
$225,967
Alternative Uses
Best Use
Apartment 5plus
$290.5K
$254.2K – $339.0K
NOI $20,337 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,256 @ 7.0% cap · market cap 17.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,749
Businesses Nearby
Explore this area
Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale, priced at $649,900.
Where is this apartment building located?
The property is located at 140 Claremont Ave 6B New York, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Year Built: 1908
