One-Bedroom Residential Income
15 BROAD Street 1200, Manhattan, NY 10005
For Sale
$1,300,000
Residential property with one bedroom, one full bath, and a condo-style layout.
Property Size1,576 SF
Price / SF$824.87
Days on Market256
Property Features for 15 BROAD Street 1200
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
Listed By:
Todd Yovino · License NY 49YO0956714
(516) 819-7800
Source:
Miradorrealestate
Added: Feb 27
Changed: Nov 9
Last Checked: Nov 8 at 1:03PM
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 ISLAND ADVANTAGE REALTY LLC
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Investment Insights
Based on property information with market context.
This residential income property has a condo-style configuration with 1 bedroom and 1 full bath. The property size is 1,576 square feet, offering a substantial footprint for its one-bedroom layout.
Located at 15 BROAD Street 1200 in New York City, NY 10005, the building dates to 1914.
Located at 15 BROAD Street 1200 in New York City, NY 10005, the building dates to 1914.
Key Highlights
- 1,576‑square‑foot residential income property
- 1 bedroom and 1 full bath
- Condo‑style home configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,309
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,180
$986.2K
Cap Rate 7%
$704,414
$704.4K
Cap Rate 9%
$547,878
$547.9K
Market Conditions
NOI Build-Up for 1,576 SF
Gross rent
$94.4K $59.88/SF
− Vacancy
−$4.7K −$2.99/SF
EGI
$89.7K $56.89/SF
− OpEx
−$40.3K −$25.60/SF
NOI
$49.3K $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%
$986,180
Cap Rate 7%
$704,414
Cap Rate 9%
$547,878
Alternative Uses
Best Use
Apartment 5plus
$704.4K
$616.4K – $821.8K
NOI $49,309 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$964.1K – $1.29M
NOI $77,127 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
32,046
Businesses Nearby
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Business Placement
Demographics for 10005, NY
10,639
Population
6,495
Households
1.6
Avg Household Size
31
Median Age
84%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
106,390
Density / Sq Mi
$211,810
Median Household Income
$133,727
Median Earnings
$3,501
Median Rent
$1,387,200
Median Home Value
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Market
Average Price Trend$/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 - Residential property with one bedroom, one full bath, and a condo-style layout.
Where is this residential income property located?
The property is located at 15 BROAD Street 1200 Manhattan, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,576‑square‑foot residential income property; 1 bedroom and 1 full bath; Condo‑style home configuration
