Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    155 W 68th Street #616 New York City, NY 10023

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $785,000

    Spacious 780 sq. ft. studio in Manhattan's Upper West Side.

    Type:Apartment
    Lot size:
    1.50 Acres
    Added:
    Oct 3, 2025
    Days on Market:
    181
    Last Refresh:
    Mar 26 at 10:54 pm

    Property Features for 155 W 68th Street #616

    General Information

    Standard status
    Active
    Lot size
    1.50 Acres
    Property subtype
    Apartment

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Klevis Metani

    Listing agent Klevis Metani License #10401268325

    Listing office Keller Williams NYC

    Listing date Oct 3, 2025

    Source Kw

    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 Keller Williams NYC

    Overview

    Upper West Side Studio Apartment

    This 780 sq. ft. studio apartment is located at 155 West 68th Street in Manhattan’s Upper West Side. The home features versatile living and dining areas and expansive windows that provide natural light. Residents of The Dorchester Tower benefit from a full-service staff, including a 24-hour doorman, concierge, porters, handymen, a resident manager, and an on-site management office. Arrivals are facilitated by a landscaped driveway and porte-cochère, and the lobby has been recently updated. Building amenities include a fully equipped fitness center, a business center with conference facilities, and a landscaped rooftop terrace on the 22nd floor that offers views of the Upper West Side. Laundry rooms are located on floors 2 through 22, with high-capacity machines on the top floor. The building's location provides access to local attractions such as Lincoln Center and Central Park. Transportation options are readily available, and the building is near shops, restaurants, and museums.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    William Wolf Features, ... Professional Services Pamela West, Esq Law Firm Aging In Place Funding Consultant Joseph Adler Dental Office Forrest David MD Physician

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York City
    County
    New York
    State
    New York
    Longitude
    -73.9831
    Latitude
    40.776

    Nearby Similar for Sale

    • $895,000
      1,626 SF

      Ozone Park Two-Family Home

      Well-kept two-family home in a vibrant Ozone Park neighborhood.
      106-49 97th Street unit: Building, New York City, NY 11417
      View Details
    • $10,800,000
      27,152 SF

      Staten Island Multifamily Investment Opportunity

      43-unit apartment building in Port Richmond with upside potential.
      646-662 N Port Richmond Avenue, New York City, NY 10302
      View Details
    • $2,400,000
      1,800 SF

      Greenpoint Two-Family with Expansion Potential

      Classic two-family townhouse with expansion potential in Greenpoint, Brooklyn.
      147 Diamond Street unit: Building, New York City, NY 11222
      View Details
    • $699,000

      Chelsea Garden Apartment in Landmarked Building

      Charming Chelsea garden apartment with private entrance and renovated kitchen.
      162 9th Avenue unit: Garden-B, New York City, NY 10011
      View Details
    • $2,995,000
      6,854 SF

      Maspeth Development Opportunity on Grand Avenue

      Two-story building and adjacent corner lot for sale in Queens.
      72-17 Grand Avenue unit: Building, New York City, NY 11378
      View Details
    • $419,000

      Renovated One-Bedroom Near Central Park

      Renovated one-bedroom co-op near Central Park with modern amenities.
      4 W 101st Street #53, New York City, NY 10025
      View Details
    • $1,700,000

      Updated Duplex in Astoria Heights

      Updated duplex in a prime location with income potential.
      19-61 80th Street, New York City, NY 11370
      View Details
    • $390,000

      Brooklyn Apartment Renovation Opportunity

      One-bedroom apartment for full renovation near Prospect Park.
      961 Washington Avenue #1H, New York City, NY 11225
      View Details
    • $2,325,000

      Chelsea Mercantile Loft

      Designer-curated loft in Chelsea Mercantile with modern sophistication.
      252 Seventh Avenue #7Q, New York City, NY 10001
      View Details
    • $6,225,000

      Multifamily Portfolio in East Flatbush

      Three pre-war buildings with 83 rent-stabilized units in Brooklyn.
      448-455 E 94th Street, New York City, NY 11212
      View Details
    • $3,500,000

      Upper East Side Condo

      Spacious 3-bedroom condo with prewar charm and modern amenities.
      140 E 63rd Street #5DG, New York City, NY 10065
      View Details
    • $1,150,000

      Luxury Condo with City Views

      One-bedroom condo on 5th Avenue with panoramic city views.
      325 Fifth Avenue #24F, New York City, NY 10016
      View Details

    FAQs

    What type of property is this?
    Apartment building - Spacious 780 sq. ft. studio in Manhattan's Upper West Side.
    Where is this apartment building located?
    The property is located at 155 W 68th Street #616 New York City, NY.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: Prime Upper West Side location near Lincoln Center and Central Park; Full‑service building with 24‑hour doorman and concierge; Recently updated lobby and landscaped driveway create an elegant atmosphere
    (646) 278-4751
    We can help!
    Listing Contact
    Klevis Metani
    Real Estate License ID: 10401268325
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!