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Renovated Residential Income Property

1760 2nd Avenue 9A, Manhattan, NY 10128

For Sale
$825,000

Corner condominium residence with a renovated kitchen, marble bathroom, in-unit laundry, and full-service building amenities.

Property Size759 SF
Price / SF$1,086
Days on Market61

Property Features for 1760 2nd Avenue 9A

General Information

Standard status Active
Size 759 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $13,305

Amenities

24-hour staff
fitness center
residents' lounge
children's playroom
common laundry room
private storage
bicycle storage
rooftop terrace
in-unit washer/dryer

Building Details

Building Size 759 SF
Year Built 2000
Listing Agency: Compass
Listed By: Jack Elliot Heard
Source: Bondnyre
Added: Sep 8 Changed: Nov 7 Last Checked: Nov 6 at 2:28PM

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 Compass

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Investment Insights

Based on property information with market context.

Residence 9A is a renovated corner one-bedroom condominium residence with north and east exposures. The 759-square-foot layout includes a corner living room, windowed kitchen, king-sized bedroom, recessed lighting, custom built-ins, and generous closet space. The kitchen has a Samsung refrigerator, Bosch dishwasher, and GE gas range, while the marble bathroom and in-unit washer and dryer add practical upgrades. The property was completed in 2000.

Chartwell House is a pet-friendly, full-service condominium on Second Avenue between 91st and 92nd Streets. Building services and amenities include 24-hour staff, a fitness center, residents' lounge with full kitchen, children's playroom, common laundry room, private storage, bicycle storage, and a furnished rooftop terrace with city views. The Q train, dining, shopping, and everyday conveniences are nearby.

Key Highlights

  • Renovated 759‑square‑foot corner one‑bedroom residence
  • North and east exposures with natural light
  • Windowed kitchen with Samsung, Bosch, and GE appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,697
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,940 $473.9K
Cap Rate 7%
$338,529 $338.5K
Cap Rate 9%
$263,300 $263.3K
Market Conditions
NOI Build-Up for 759 SF
Gross rent
$45.4K $59.88/SF
− Vacancy
−$2.4K −$3.11/SF
EGI
$43.1K $56.77/SF
− OpEx
−$19.4K −$25.54/SF
NOI
$23.7K $31.22/SF
Area
ZIP 10128
Vacancy
5.20%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,940
Cap Rate 7%
$338,529
Cap Rate 9%
$263,300

Alternative Uses

Best Use
Apartment 5plus
$338.5K
$296.2K – $395.0K (±1% cap)
NOI $23,697 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$539.7K
$472.2K – $629.6K (±1% cap)
NOI $37,776 @ 7.0% cap · market cap 4.58%
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
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

15,282
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Corner condominium residence with a renovated kitchen, marble bathroom, in-unit laundry, and full-service building amenities.
Where is this residential income property located?
The property is located at 1760 2nd Avenue 9A Manhattan, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Renovated 759‑square‑foot corner one‑bedroom residence; North and east exposures with natural light; Windowed kitchen with Samsung, Bosch, and GE appliances
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