Triplex With Three-Car
195 W 30th St, New York, NY 10001
For Sale
$2,495,000
Fully vacant three-unit residential property with free-market apartments and backyard access.
Property Size3,498 SF
Price / SF$713.26
Days on Market94
Property Features for 195 W 30th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
195 30th Street, built in 1920, is a 3-unit 100% Free Market asset spanning 2 stories, and is approximately 3,498 SF.
Unused Air Rights: 2,500 SF | Tax Class: 1 | Zoning: R6B | Delivered 100% Vacant + 3-Car Garage
Transit access for 195 30th Street is exceptional. The D, N, and R trains at 36th Street and the N and W trains at 25th Street provide direct service to Midtown Manhattan in roughly 20 to 25 minutes.
Building Details
Building Size
Buildings
Units
Listing Agency:
New York City Office
Listed By:
Shaun Riney · License #License(s): NY: 10491208207, NY: 10301215754
(718) 475-4369
Source:
Marcusmillichap
Added: Aug 8
Changed: Oct 26
Last Checked: Nov 8 at 2:11AM
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 New York City Office
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Investment Insights
Based on property information with market context.
This triplex contains 3,498 gross square feet across three free-market residential units: a four-bedroom duplex with backyard access and two one-bedroom apartments. The property also includes a large three-car garage, creating additional on-site utility for the residential layout.
All three apartments are delivered vacant at closing. The building includes 2,500 square feet of unused air rights, adding a documented development component to the existing three-unit configuration.
All three apartments are delivered vacant at closing. The building includes 2,500 square feet of unused air rights, adding a documented development component to the existing three-unit configuration.
Key Highlights
- Three‑unit multifamily property delivered fully vacant
- 3,498 gross square feet across three residential units
- Unit mix includes a 4‑bedroom duplex and two 1‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,385
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,367,700
$2.4M
Cap Rate 7%
$1,691,214
$1.7M
Cap Rate 9%
$1,315,389
$1.3M
Market Conditions
NOI Build-Up for 3,498 SF
Gross rent
$178.4K $51.00/SF
− Vacancy
−$9.3K −$2.65/SF
EGI
$169.1K $48.35/SF
− OpEx
−$50.7K −$14.50/SF
NOI
$118.4K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,367,700
Cap Rate 7%
$1,691,214
Cap Rate 9%
$1,315,389
Alternative Uses
Best Use
Multifamily LT 5
$1.69M
$1.48M – $1.97M
NOI $118,385 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$1.56M
$1.37M – $1.82M
NOI $109,443 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$2.45M
$2.14M – $2.85M
NOI $171,187 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 10001, NY
32,612
Population
17,554
Households
1.9
Avg Household Size
35
Median Age
72%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
54,353
Density / Sq Mi
$123,393
Median Household Income
$97,848
Median Earnings
$3,024
Median Rent
$793,000
Median Home Value
Market
Properties on Market for Triplexes in New York
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully vacant three-unit residential property with free-market apartments and backyard access.
Where is this triplex located?
The property is located at 195 W 30th St New York, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Three‑unit multifamily property delivered fully vacant; 3,498 gross square feet across three residential units; Unit mix includes a 4‑bedroom duplex and two 1‑bedroom apartments
