Full-Floor Residential Income
17 W 17th St Unit 6, New York, NY 10011
For Sale
$4,995,000
Four-bedroom Manhattan residence with smart-home systems, private elevator access, and expansive entertaining space.
Property Size4,700 SF
Price / SF$1,062
Days on Market73
Property Features for 17 W 17th St Unit 6
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Building Details
Year Built
Stories
Units
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Joshua B Rubin · License NY 30RU0854049
(917) 727-6321
Source:
Edifyny
Added: Aug 29
Changed: Nov 9
Last Checked: Nov 8 at 5:29AM
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
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Investment Insights
Based on property information with market context.
Located at 17 W 17th St Unit 6 in New York, this full-floor residence occupies a 1915 building and includes four bedrooms, a home office, four full bathrooms, and a powder room. A 50-foot-wide south-facing great room is arranged for living, dining, and entertaining, with eight oversized windows supplying abundant natural light. Keyed elevator access opens to a private vestibule, while Crestron-integrated controls manage lighting, climate, and security.
The kitchen combines custom millwork, stone surfaces, integrated storage, and a 60-inch Viking refrigerator and freezer with Gaggenau and Miele appliances. The primary suite measures 25 feet and includes a five-fixture bath with a steam shower and hydrotherapy soaking tub. Additional bedrooms have en-suite marble baths. Zoned climate control, whole-home water filtration, vented laundry, Crema Marfil marble flooring, custom eight-foot doors, and CitiQuiet windows complete the interior improvements.
The property is near the Union Square Greenmarket, multiple subway lines, Whole Foods Market, and Trader Joe’s, with dining, shopping, and cultural destinations nearby.
The kitchen combines custom millwork, stone surfaces, integrated storage, and a 60-inch Viking refrigerator and freezer with Gaggenau and Miele appliances. The primary suite measures 25 feet and includes a five-fixture bath with a steam shower and hydrotherapy soaking tub. Additional bedrooms have en-suite marble baths. Zoned climate control, whole-home water filtration, vented laundry, Crema Marfil marble flooring, custom eight-foot doors, and CitiQuiet windows complete the interior improvements.
The property is near the Union Square Greenmarket, multiple subway lines, Whole Foods Market, and Trader Joe’s, with dining, shopping, and cultural destinations nearby.
Key Highlights
- Full‑floor residence with four bedrooms, a home office, four full baths, and a powder room
- 50‑foot‑wide south‑facing great room with eight oversized windows
- Keyed elevator access, Crestron‑integrated lighting, climate, and security controls
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
Office A
$3.29M
$2.88M – $3.83M
NOI $230,011 @ 7.0% cap · market cap 4.60%
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
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
Market
Properties on Market for Residential income properties in New York
Frequently Asked Questions
What type of property is this?
Residential income property - Four-bedroom Manhattan residence with smart-home systems, private elevator access, and expansive entertaining space.
Where is this residential income property located?
The property is located at 17 W 17th St Unit 6 New York, 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: Full‑floor residence with four bedrooms, a home office, four full baths, and a powder room; 50‑foot‑wide south‑facing great room with eight oversized windows; Keyed elevator access, Crestron‑integrated lighting, climate, and security controls
