Corner Residential Income
200 E 36TH Street 16, Manhattan, NY 10016
For Sale
New
$449,500
A flexible alcove studio pairs a renovated windowed kitchen with full-service co-op amenities.
Property Size525 SF
Price / SF$856.19
Days on Market4
Property Features for 200 E 36TH Street 16
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Public Transit
Amenities
24-hour doorman
live-in superintendent
fitness center
central laundry room
bike room
trunk room
private storage
Building Details
Year Built
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Shahriar Zim · License NY #10401377400
(347) 806-0353
Source:
Thethomas
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 8:40AM
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.
This 525-square-foot corner alcove studio has south and east exposures, a sleeping alcove, living area, separate dining space, and room for a home office. The layout can be reconfigured as a junior one-bedroom. A renovated, windowed kitchen includes granite countertops, custom cabinetry, stainless steel appliances, and a dishwasher; hardwood floors and a walk-in closet add to the interior features. Open city views include glimpses of the East River.
The co-op building offers a 24-hour doorman, live-in superintendent, fitness center, central laundry, bike room, trunk room, and private storage. Its policies allow co-purchasing, gifting, guarantors, parent purchases for children, pets, and pied-à-terre ownership. Transit options include the 6 train at 33rd Street, 0.24 miles away; Grand Central-42nd Street, 0.3 miles away; the East 34th Street Ferry Landing, 0.34 miles away; and 5th Avenue, 0.51 miles away.
The co-op building offers a 24-hour doorman, live-in superintendent, fitness center, central laundry, bike room, trunk room, and private storage. Its policies allow co-purchasing, gifting, guarantors, parent purchases for children, pets, and pied-à-terre ownership. Transit options include the 6 train at 33rd Street, 0.24 miles away; Grand Central-42nd Street, 0.3 miles away; the East 34th Street Ferry Landing, 0.34 miles away; and 5th Avenue, 0.51 miles away.
Key Highlights
- 525‑square‑foot corner alcove studio with south and east exposures
- Flexible floor plan includes a sleeping alcove, dining area, and home‑office space
- Renovated windowed kitchen with granite counters, custom cabinetry, stainless steel appliances, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,426
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,520
$328.5K
Cap Rate 7%
$234,657
$234.7K
Cap Rate 9%
$182,511
$182.5K
Market Conditions
NOI Build-Up for 525 SF
Gross rent
$31.4K $59.88/SF
− Vacancy
−$1.6K −$2.99/SF
EGI
$29.9K $56.89/SF
− OpEx
−$13.4K −$25.60/SF
NOI
$16.4K $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%
$328,520
Cap Rate 7%
$234,657
Cap Rate 9%
$182,511
Alternative Uses
Best Use
Apartment 5plus
$234.7K
$205.3K – $273.8K
NOI $16,426 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$367.0K
$321.2K – $428.2K
NOI $25,693 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
59,430
Businesses Nearby
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Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Residential income property - A flexible alcove studio pairs a renovated windowed kitchen with full-service co-op amenities.
Where is this residential income property located?
The property is located at 200 E 36TH Street 16 Manhattan, NY.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: 525‑square‑foot corner alcove studio with south and east exposures; Flexible floor plan includes a sleeping alcove, dining area, and home‑office space; Renovated windowed kitchen with granite counters, custom cabinetry, stainless steel appliances, and dishwasher
