Residential Income Property with River
160 CABRINI Boulevard APT127, New York City, NY 10033
For Sale
$450,000
Pending
One-bedroom residence with original prewar character, abundant windows, and access to landscaped community grounds and shared amenities.
Property Size796 SF
Days on Market69
Property Features for 160 CABRINI Boulevard APT127
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
Brandon Aybar
(347) 306-2620
Source:
Miradorrealestate
Added: Sep 2
Changed: Oct 31
Last Checked: Nov 8 at 2:27PM
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 Serhant
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Investment Insights
Based on property information with market context.
This one-bedroom residential income property offers 796 square feet with a generous living room, large river-facing windows, herringbone hardwood floors, ample closet space, and both a windowed kitchen and bathroom. Original prewar details remain, while the kitchen provides an opportunity for renovation. The residence was completed in 1939 and is part of a landscaped community occupying approximately 7.5 acres above the Hudson River.
Shared features include roof decks, laundry facilities, a fitness center, children’s playroom, community room, bike storage, elevators, attended service, a live-in superintendent, and on-site parking facilities. The setting is near Fort Tryon Park, The Met Cloisters, Riverside Park, Fort Washington Park, neighborhood dining, cafés, and shopping. The A train at 181st Street provides nearby subway access.
Shared features include roof decks, laundry facilities, a fitness center, children’s playroom, community room, bike storage, elevators, attended service, a live-in superintendent, and on-site parking facilities. The setting is near Fort Tryon Park, The Met Cloisters, Riverside Park, Fort Washington Park, neighborhood dining, cafés, and shopping. The A train at 181st Street provides nearby subway access.
Key Highlights
- 796‑square‑foot one‑bedroom residence
- Hudson River and Palisades views from large living‑room windows
- Original herringbone hardwood floors and prewar architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,905
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,100
$498.1K
Cap Rate 7%
$355,786
$355.8K
Cap Rate 9%
$276,722
$276.7K
Market Conditions
NOI Build-Up for 796 SF
Gross rent
$47.7K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$45.3K $56.89/SF
− OpEx
−$20.4K −$25.60/SF
NOI
$24.9K $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%
$498,100
Cap Rate 7%
$355,786
Cap Rate 9%
$276,722
Alternative Uses
Best Use
Apartment 5plus
$355.8K
$311.3K – $415.1K
NOI $24,905 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$556.5K
$486.9K – $649.3K
NOI $38,955 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
3,799
Businesses Nearby
Explore this area
Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom residence with original prewar character, abundant windows, and access to landscaped community grounds and shared amenities.
Where is this residential income property located?
The property is located at 160 CABRINI Boulevard APT127 New York City, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 796‑square‑foot one‑bedroom residence; Hudson River and Palisades views from large living‑room windows; Original herringbone hardwood floors and prewar architectural details
