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Residential Income Property with Den
For Sale
$1,999,000

15 Broad Street 3100, New York City, NY 10005

Corner residence with flexible three-bedroom configuration, two full baths, custom storage, and a dedicated secondary living area.

Property Size1,922 SF
Price / SF$1,040
Days on Market156

Property Features for 15 Broad Street 3100

General Information

Standard status Active
Size 1,922 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $34,105

Amenities

24-hour doorman
concierge
gym
lap pool
hot tub
yoga/dance/martial arts studio
half-court basketball
squash court
bowling alley
locker rooms with sauna
lounge/party room
billiard and ping-pong tables
study
movie screening room
children's play room
roof park with reflecting pool, fireplace, dining tables, lounge chairs

Building Details

Building Size 1,922 SF
Year Built 1914
Year Renovated 2005
Listing Agency: Compass
Listed By: Corey M Wecler
Source: Miradorrealestate
Added: May 6 Changed: Sep 29 Last Checked: Oct 7 at 5:16PM

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

Investment Insights

Based on property information with market context.

Residence 3100 is a 1,922-square-foot corner home with an open living and dining area, oversized windows, high ceilings, original beam details, and custom built-ins. The kitchen includes white custom cabinetry, a pantry, and an island with seating for two. The current layout provides three bedrooms, a central den or lounge area, a primary suite with custom closets and an en suite bathroom, a second full bathroom, and an in-unit washer and dryer. The original floor plan remains available as a reference for restoring the prior configuration.

15 Broad Street is a 382-unit luxury condominium converted in 2005 from a building constructed in 1914. Amenities include a 24-hour doorman and concierge, fitness facilities, lap pool, hot tub, yoga studio, basketball court, squash court, bowling alley, sauna-equipped locker rooms, screening room, children's playroom, and a 5,000 sf landscaped roof park. The exterior is landmarked, and the building is located across from the NY Stock Exchange in the Financial District.

Key Highlights

  • 1,922‑square‑foot corner residence with oversized windows and open living and dining areas
  • Current layout includes three bedrooms, a central den, and two full bathrooms
  • Primary bedroom features custom closets and an en suite bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,134
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,202,680 $1.2M
Cap Rate 7%
$859,057 $859.1K
Cap Rate 9%
$668,156 $668.2K
Market Conditions
NOI Build-Up for 1,922 SF
Gross rent
$115.1K $59.88/SF
− Vacancy
−$5.8K −$2.99/SF
EGI
$109.3K $56.89/SF
− OpEx
−$49.2K −$25.60/SF
NOI
$60.1K $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%
$1,202,680
Cap Rate 7%
$859,057
Cap Rate 9%
$668,156

Alternative Uses

Best Use
Apartment 5plus
$859.1K
$751.7K – $1.00M (±1% cap)
NOI $60,134 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.78M
$4.19M – $5.58M (±1% cap)
NOI $334,889 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Rodrigo Corral Studio Marketing & Advertising CSR Managers Consultant Peter C. Allan, ... Law Firm Roland Zeder IT Consulting Firm Naomi Road Capital ... Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Clothing & Fashion Store Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

32,046
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Residential income property - Corner residence with flexible three-bedroom configuration, two full baths, custom storage, and a dedicated secondary living area.
Where is this residential income property located?
The property is located at 15 Broad Street 3100 New York City, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 1,922‑square‑foot corner residence with oversized windows and open living and dining areas; Current layout includes three bedrooms, a central den, and two full bathrooms; Primary bedroom features custom closets and an en suite bathroom
More about this property
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