Full-Floor Residential Income
For Sale
$4,995,000
17 W 17TH Street 6, Manhattan, NY 10011
Expansive loft residence with a keyed elevator, integrated home systems, and adaptable living, dining, and gathering spaces.
Property Size4,700 SF
Price / SF$1,062
Days on Market182
Property Features for 17 W 17TH Street 6
General Information
Standard status
Active
Size
4,700 SF
Elevators
Yes
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Building Details
Building Size
4,700 SF
Year Built
1915
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Joshua B Rubin · License #30RU0854049
(917) 727-6321
Source:
Nobleblackandpartners
Added: May 5
Changed: Nov 2
Last Checked: Nov 1 at 3:00PM
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 Douglas Elliman Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Sixth Floor at 17 W 17th Street is a full-floor loft residence with nearly 4,700 square feet of living space, four bedrooms, a home office, four full baths, and a powder room. A 50-foot-wide south-facing great room is framed by eight oversized windows and provides distinct living, dining, and gathering areas. A keyed elevator opens to a private vestibule. Interior features include Crema Marfil marble floors, custom eight-foot doors, soaring ceilings, CitiQuiet soundproof windows, and Crestron-integrated lighting, climate, and security systems. The kitchen includes custom millwork, substantial stone surfaces, integrated storage, a 60-inch Viking refrigerator and freezer, a Gaggenau cooking suite, and Miele ovens. The primary suite includes a five-fixture bath with a steam shower and hydrotherapy soaking tub. Additional bedrooms have en-suite marble baths, while zoned climate control, whole-home water filtration, and vented laundry support daily living. Built in 1915, the property is near Union Square Greenmarket, multiple subway lines, Whole Foods Market, and Trader Joe's in downtown Manhattan.
Key Highlights
- Nearly 4,700 square feet of full‑floor loft living space
- Four bedrooms, home office, four full baths, and powder room
- 50‑foot‑wide south‑facing great room with eight oversized windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,050
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,941,000
$2.9M
Cap Rate 7%
$2,100,714
$2.1M
Cap Rate 9%
$1,633,889
$1.6M
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$281.4K $59.88/SF
− Vacancy
−$14.1K −$2.99/SF
EGI
$267.4K $56.89/SF
− OpEx
−$120.3K −$25.60/SF
NOI
$147.1K $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%
$2,941,000
Cap Rate 7%
$2,100,714
Cap Rate 9%
$1,633,889
Alternative Uses
Best Use
Apartment 5plus
$2.10M
$1.84M – $2.45M
NOI $147,050 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.70M
$10.24M – $13.65M
NOI $818,928 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
51,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 10011, NY
53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Expansive loft residence with a keyed elevator, integrated home systems, and adaptable living, dining, and gathering spaces.
Where is this residential income property located?
The property is located at 17 W 17TH Street 6 Manhattan, NY.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Nearly 4,700 square feet of full‑floor loft living space; Four bedrooms, home office, four full baths, and powder room; 50‑foot‑wide south‑facing great room with eight oversized windows
