Residential Property in New
For Sale
$639,000
Pending
2025 BROADWAY 5C, New York, NY 10023
Residential property for sale in New York, NY 10023.
Property Size625 SF
Days on Market317
Property Features for 2025 BROADWAY 5C
General Information
Standard status
Pending
Size
625 SF
Property subtype
Residential
Building Details
Building Size
625 SF
Year Built
1977
Stories
30
Units
269
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Eileen Rappaport · License #10401300776
(516) 551-1003
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 26
Last Checked: Oct 9 at 11:16PM
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
Investment Insights
Based on property information with market context.
A residential property is available for sale in New York, NY 10023. The list price is $639,000.
Key Highlights
- Year Built: 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,635
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,700
$392.7K
Cap Rate 7%
$280,500
$280.5K
Cap Rate 9%
$218,167
$218.2K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$37.5K $60.00/SF
− Vacancy
−$1.8K −$2.88/SF
EGI
$35.7K $57.12/SF
− OpEx
−$16.1K −$25.70/SF
NOI
$19.6K $31.42/SF
Area
ZIP 10023
Vacancy
4.80%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,700
Cap Rate 7%
$280,500
Cap Rate 9%
$218,167
Alternative Uses
Best Use
Apartment 5plus
$280.5K
$245.4K – $327.3K
NOI $19,635 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.4K
$388.8K – $518.5K
NOI $31,107 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 10023, NY
71,164
Population
46,272
Households
1.5
Avg Household Size
42
Median Age
84%
College-Educated
98%
High-School Grad
1.0 sq mi
ZIP Area
71,164
Density / Sq Mi
$157,866
Median Household Income
$109,508
Median Earnings
$3,050
Median Rent
$1,401,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential property for sale in New York, NY 10023.
Where is this apartment building located?
The property is located at 2025 BROADWAY 5C New York, NY.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Year Built: 1977
