Two-Bedroom Apartment with
New
For Sale
$595,000
1919 Madison Avenue 613, New York City, NY 10035
Updated interiors include an open kitchen, a renovated bathroom, custom closet fittings, and wood flooring.
Property Size750 SF
Price / SF$793.33
Days on Market7
Property Features for 1919 Madison Avenue 613
General Information
Standard status
Active
Size
750 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
doorman
fitness center
private balcony
dedicated storage
landscaped courtyard
video intercom system
live-in superintendent
bicycle storage room
children's playroom
Building Details
Building Size
750 SF
Year Built
1997
Listing Agency:
Compass
Listed By:
Nigel Pearce
(646) 739-7116
Source:
Nobleblackandpartners
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 21 at 2:43AM
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.
This 750-square-foot, two-bedroom apartment at Maple Plaza has a private balcony and north-facing windows. The open kitchen features stainless steel appliances and counter seating, with room for a separate dining area. The bathroom has a soaking tub, and the interiors include wood flooring, updated lighting, and custom closet build-outs.
Building amenities include a doorman, fitness center, landscaped courtyard, dedicated storage, private parking, video intercom, live-in superintendent, bicycle storage, and a children’s playroom. The building was constructed in 1997.
Building amenities include a doorman, fitness center, landscaped courtyard, dedicated storage, private parking, video intercom, live-in superintendent, bicycle storage, and a children’s playroom. The building was constructed in 1997.
Key Highlights
- Two‑bedroom apartment with 750 square feet of interior space
- Private balcony and north‑facing exposure
- Open kitchen with stainless steel appliances and counter seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,465
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,300
$469.3K
Cap Rate 7%
$335,214
$335.2K
Cap Rate 9%
$260,722
$260.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$44.9K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$42.7K $56.89/SF
− OpEx
−$19.2K −$25.60/SF
NOI
$23.5K $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%
$469,300
Cap Rate 7%
$335,214
Cap Rate 9%
$260,722
Alternative Uses
Best Use
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,465 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,680 @ 7.0% cap · market cap 21.96%
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
7,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors include an open kitchen, a renovated bathroom, custom closet fittings, and wood flooring.
Where is this residential income property located?
The property is located at 1919 Madison Avenue 613 New York City, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two‑bedroom apartment with 750 square feet of interior space; Private balcony and north‑facing exposure; Open kitchen with stainless steel appliances and counter seating
