One-Bedroom Residential Income
15 William Street 11-F, Manhattan, NY 10005
For Sale
$899,000
812-square-foot condominium residence with designer finishes, skyline views, and extensive full-service building amenities.
Property Size812 SF
Price / SF$1,107
Days on Market98
Property Features for 15 William Street 11-F
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
24-hour doorman
concierge
fitness center
indoor lap pool
yoga studio
squash court
screening room
resident lounge
children's playroom
rooftop terrace
in-unit washer/dryer
Building Details
Building Size
Year Built
Listing Agency:
AA Management NYC LLC
Listed By:
Arie Abadi
(212) 952-0800
Source:
Carlinwright
Added: Aug 4
Changed: Nov 8
Last Checked: Nov 8 at 12:28PM
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 AA Management NYC LLC
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Investment Insights
Based on property information with market context.
Residence 11-F is an 812-square-foot, one-bedroom, one-bath condominium completed in 2007. The home features floor-to-ceiling windows, high ceilings, an open living and dining area, and an updated kitchen with custom cabinetry, Caesarstone counters, and Miele, Gaggenau, and Sub-Zero appliances. The bedroom includes a walk-in closet and en-suite bath with a soaking tub, enclosed rain shower, and double vanity. An in-unit washer and dryer is also provided.
Building services and amenities include a 24-hour doorman and concierge, fitness center, indoor lap pool, yoga studio, squash court, screening room, resident lounge, children’s playroom, and landscaped rooftop terrace. The property is at 15 William Street in Downtown Manhattan’s Financial District, near the South Street Seaport, World Trade Center, Wall Street, Fulton Center, waterfront parks, restaurants, and multiple subway lines.
Building services and amenities include a 24-hour doorman and concierge, fitness center, indoor lap pool, yoga studio, squash court, screening room, resident lounge, children’s playroom, and landscaped rooftop terrace. The property is at 15 William Street in Downtown Manhattan’s Financial District, near the South Street Seaport, World Trade Center, Wall Street, Fulton Center, waterfront parks, restaurants, and multiple subway lines.
Key Highlights
- 812‑square‑foot one‑bedroom, one‑bath condominium residence
- Floor‑to‑ceiling windows and high ceilings with expansive city views
- Kitchen equipped with Miele, Gaggenau, and Sub‑Zero appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,405
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,100
$508.1K
Cap Rate 7%
$362,929
$362.9K
Cap Rate 9%
$282,278
$282.3K
Market Conditions
NOI Build-Up for 812 SF
Gross rent
$48.6K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$46.2K $56.89/SF
− OpEx
−$20.8K −$25.60/SF
NOI
$25.4K $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%
$508,100
Cap Rate 7%
$362,929
Cap Rate 9%
$282,278
Alternative Uses
Best Use
Apartment 5plus
$362.9K
$317.6K – $423.4K
NOI $25,405 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$567.7K
$496.7K – $662.3K
NOI $39,738 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
27,774
Businesses Nearby
Explore this area
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
$1,387,200
Median Home Value
Market
Average Price Trend$/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 - 812-square-foot condominium residence with designer finishes, skyline views, and extensive full-service building amenities.
Where is this residential income property located?
The property is located at 15 William Street 11-F Manhattan, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 812‑square‑foot one‑bedroom, one‑bath condominium residence; Floor‑to‑ceiling windows and high ceilings with expansive city views; Kitchen equipped with Miele, Gaggenau, and Sub‑Zero appliances
