High-Floor Residential Income
155 E 34TH Street 15H, Manhattan, NY 10016
For Sale
$600,000
Pending
One-bedroom condominium with custom finishes, expansive windows, and access to full-service building amenities.
Property Size558 SF
Days on Market334
Property Features for 155 E 34TH Street 15H
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
24hr doorman
concierge
porter
live-in superintendent
roof deck
on-site parking garage
bike storage
storage room
laundry room
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Alison B Draper
(212) 381-2331
Source:
Carytamura
Added: Dec 11, 2025
Changed: Nov 7
Last Checked: Nov 8 at 1:52PM
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 Brown Harris Stevens Residential Sales LLC
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Investment Insights
Based on property information with market context.
This 558-square-foot, one-bedroom condominium occupies the 15th floor of a residential income property completed in 1962. The interior includes a custom kitchen with Carrera marble counters and backsplash, integrated appliances, wood paneling, artisan lighting, detailed tilework, and an oversized porcelain sink. Oak flooring, central air conditioning and heat, generous closets, and a tiled bathroom add to the functional layout. CitiQuiet windows and remote-controlled blackout shades serve the south-facing bedroom.
Building services include 24-hour doormen, a full-time concierge, porters, a live-in resident superintendent, and a furnished landscaped roof deck with 360-degree city views. The property also offers an on-site parking garage with direct building access, bike storage, a storage room, and a laundry room. Located in Murray Hill near Grand Central Station, Metro-North trains, the 34th Street Ferry Landing, Penn Station, subway and bus service, restaurants, retail, parks, and the East River waterfront path.
Building services include 24-hour doormen, a full-time concierge, porters, a live-in resident superintendent, and a furnished landscaped roof deck with 360-degree city views. The property also offers an on-site parking garage with direct building access, bike storage, a storage room, and a laundry room. Located in Murray Hill near Grand Central Station, Metro-North trains, the 34th Street Ferry Landing, Penn Station, subway and bus service, restaurants, retail, parks, and the East River waterfront path.
Key Highlights
- 558 SF one‑bedroom condominium on the 15th floor
- Custom kitchen with Carrera marble counters, integrated appliances, and oversized porcelain sink
- South‑facing bedroom with CitiQuiet windows and remote‑controlled blackout shades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,458
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,160
$349.2K
Cap Rate 7%
$249,400
$249.4K
Cap Rate 9%
$193,978
$194.0K
Market Conditions
NOI Build-Up for 558 SF
Gross rent
$33.4K $59.88/SF
− Vacancy
−$1.7K −$2.99/SF
EGI
$31.7K $56.89/SF
− OpEx
−$14.3K −$25.60/SF
NOI
$17.5K $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%
$349,160
Cap Rate 7%
$249,400
Cap Rate 9%
$193,978
Alternative Uses
Best Use
Apartment 5plus
$249.4K
$218.2K – $291.0K
NOI $17,458 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.1K
$341.4K – $455.1K
NOI $27,308 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,841
Businesses Nearby
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Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Market
Average Price Trend$/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 - One-bedroom condominium with custom finishes, expansive windows, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 155 E 34TH Street 15H Manhattan, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 558 SF one‑bedroom condominium on the 15th floor; Custom kitchen with Carrera marble counters, integrated appliances, and oversized porcelain sink; South‑facing bedroom with CitiQuiet windows and remote‑controlled blackout shades
