Garden-Facing Residential Income
20 CLINTON Street 1F, Manhattan, NY 10002
For Sale
$999,000
Two-bedroom, one-bath condominium residence with elevator access, rear-garden outlook, and abundant natural light.
Property Size900 SF
Price / SF$1,110
Days on Market109
Property Features for 20 CLINTON Street 1F
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
live-in superintendent
virtual doorman
package room
bike storage
landscaped common garden
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Anna V Lobanova
(917) 605-0331
Source:
Carlinwright
Added: Jul 24
Changed: Nov 8
Last Checked: Nov 8 at 2:16PM
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.
This 900-square-foot, two-bedroom, one-bath residence occupies the first floor of a six-story Art Deco condominium. The layout includes generously proportioned rooms, double windows in the living room and bedrooms, and additional kitchen and bathroom windows that bring natural light throughout the home. Its outlook toward the landscaped rear garden provides a quieter setting away from the street. The apartment retains prewar character and offers a practical foundation for personalization.
The 37-unit elevator building includes a live-in superintendent, virtual doorman, package room, bike storage, and landscaped common garden. The property is situated between Houston and Stanton Streets on the Lower East Side, near restaurants, cafés, galleries, boutiques, nightlife, Clinton Street Baking Company, and Essex Market. Access to the F, J, Z, and M subway lines, plus the Houston Street crosstown bus, connects the residence with destinations across the city.
The 37-unit elevator building includes a live-in superintendent, virtual doorman, package room, bike storage, and landscaped common garden. The property is situated between Houston and Stanton Streets on the Lower East Side, near restaurants, cafés, galleries, boutiques, nightlife, Clinton Street Baking Company, and Essex Market. Access to the F, J, Z, and M subway lines, plus the Houston Street crosstown bus, connects the residence with destinations across the city.
Key Highlights
- 900 SF two‑bedroom, one‑bath residence
- Located in a six‑story, 37‑unit elevator condominium
- Double windows in the living room and both bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,247
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,940
$564.9K
Cap Rate 7%
$403,529
$403.5K
Cap Rate 9%
$313,856
$313.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$53.9K $59.88/SF
− Vacancy
−$2.5K −$2.81/SF
EGI
$51.4K $57.07/SF
− OpEx
−$23.1K −$25.68/SF
NOI
$28.2K $31.39/SF
Area
ZIP 10002
Vacancy
4.70%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,940
Cap Rate 7%
$403,529
Cap Rate 9%
$313,856
Alternative Uses
Best Use
Apartment 5plus
$403.5K
$353.1K – $470.8K
NOI $28,247 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.2K
$550.6K – $734.1K
NOI $44,045 @ 7.0% cap · market cap 4.41%
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
14,954
Businesses Nearby
Explore this area
Business Placement
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom, one-bath condominium residence with elevator access, rear-garden outlook, and abundant natural light.
Where is this residential income property located?
The property is located at 20 CLINTON Street 1F Manhattan, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 900 SF two‑bedroom, one‑bath residence; Located in a six‑story, 37‑unit elevator condominium; Double windows in the living room and both bedrooms
