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Art Deco Residential Income Property

200 W 20TH Street 1007, New York City, NY 10011

For Sale
$485,000
Pending

Prewar studio residence with abundant light, flexible ownership provisions, and access to shared roof deck and laundry facilities.

Property Size500 SF
Days on Market160

Property Features for 200 W 20TH Street 1007

General Information

Standard status Pending
Size 500 SF
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

HOA Fee $1,662
Public Transit Yes

Amenities

sunken living room
original beamed ceilings
dining foyer
separate dressing area
windowed kitchen
vintage tiled bathroom
24-hour attended lobby
live-in superintendent
landscaped roof deck
laundry room
storage available
pet-friendly

Building Details

Building Size 500 SF
Year Built 1939
Construction Art Deco
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Serjik Markarian
Source: Carlinwright
Added: Jun 3 Changed: Nov 5 Last Checked: Nov 8 at 1:00PM

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 Brown Harris Stevens Residential Sales LLC

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Investment Insights

Based on property information with market context.

Apartment 1007 is a 500-square-foot studio on the 10th floor of a 1939 Art Deco cooperative designed by Emery Roth. The residence includes a sunken living area, beamed ceilings, dining foyer, separate dressing space with storage, windowed kitchen, and tiled bathroom. Open city outlooks include a partial view toward the Empire State Building.

Building amenities include a 24-hour attended lobby, live-in superintendent, landscaped roof deck, laundry room, and available storage. The property is pet-friendly. The cooperative permits pied-à-terre ownership, gifting, and unlimited subletting after three years of ownership; co-purchasing and parent purchases are also allowed, while guarantors are not permitted. The building is in Chelsea near the High Line, Hudson River Park, Whole Foods, Trader Joe’s, Eataly, Union Square, Flatiron, and multiple subway lines.

Key Highlights

  • 500 SF studio on the 10th floor
  • 1939 Emery Roth‑designed Art Deco cooperative
  • Sunken living area, beamed ceilings, dining foyer, and separate dressing area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,644
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,880 $312.9K
Cap Rate 7%
$223,486 $223.5K
Cap Rate 9%
$173,822 $173.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$29.9K $59.88/SF
− Vacancy
−$1.5K −$2.99/SF
EGI
$28.4K $56.89/SF
− OpEx
−$12.8K −$25.60/SF
NOI
$15.6K $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%
$312,880
Cap Rate 7%
$223,486
Cap Rate 9%
$173,822

Alternative Uses

Best Use
Apartment 5plus
$223.5K
$195.6K – $260.7K (±1% cap)
NOI $15,644 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.6K
$305.9K – $407.8K (±1% cap)
NOI $24,469 @ 7.0% cap · market cap 5.05%
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

39,471
Businesses Nearby

Demographics for 10011, NY

53,318
Population
35,049
Households
1.5
Avg Household Size
39
Median Age
79%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
88,863
Density / Sq Mi
$146,571
Median Household Income
$113,503
Median Earnings
$2,868
Median Rent
$1,165,800
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 New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Prewar studio residence with abundant light, flexible ownership provisions, and access to shared roof deck and laundry facilities.
Where is this residential income property located?
The property is located at 200 W 20TH Street 1007 New York City, NY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 500 SF studio on the 10th floor; 1939 Emery Roth‑designed Art Deco cooperative; Sunken living area, beamed ceilings, dining foyer, and separate dressing area
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