Residential Income Property with Roof
203 W 112th Street PH6W, Manhattan, NY 10026
For Sale
$1,895,000
A two-level penthouse condo combines four bedrooms with private outdoor space and a spacious eat-in kitchen.
Property Size1,861 SF
Price / SF$1,018
Days on Market44
Property Features for 203 W 112th Street PH6W
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private roof deck
private roof garden
gas fireplace
part-time doorman
storage bin
bike space
washer/dryer
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Brian K Lewis · License #30LE0903569
(646) 228-7241
Source:
Carlinwright
Added: Sep 25
Changed: Nov 7
Last Checked: Nov 6 at 5:40PM
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 Compass
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.
Set on the building’s top floor, this two-level corner condo has four bedrooms, two windowed bathrooms, and a large living and dining area with a gas fireplace that needs relining. The open eat-in kitchen includes a dining bar, and the home also has a washer, vented dryer, ample closets, and a private roof garden with deck. Hardwood floors and period details add character to the interiors.
The 1896 building offers part-time doorman service, a storage bin, and bike space; pets are permitted. Central Park is two blocks away, with the Conservatory, Discovery Center, swimming, skating, jogging, and bike paths among the nearby amenities. Restaurants, cultural and educational destinations, fitness options, shops, markets, and transportation are also in the surrounding area.
The 1896 building offers part-time doorman service, a storage bin, and bike space; pets are permitted. Central Park is two blocks away, with the Conservatory, Discovery Center, swimming, skating, jogging, and bike paths among the nearby amenities. Restaurants, cultural and educational destinations, fitness options, shops, markets, and transportation are also in the surrounding area.
Key Highlights
- Four bedrooms across a two‑level penthouse condo
- Private roof garden and deck
- Two windowed bathrooms; gas fireplace requires relining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,226
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,520
$1.2M
Cap Rate 7%
$831,800
$831.8K
Cap Rate 9%
$646,956
$647.0K
Market Conditions
NOI Build-Up for 1,861 SF
Gross rent
$111.4K $59.88/SF
− Vacancy
−$5.6K −$2.99/SF
EGI
$105.9K $56.89/SF
− OpEx
−$47.6K −$25.60/SF
NOI
$58.2K $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%
$1,164,520
Cap Rate 7%
$831,800
Cap Rate 9%
$646,956
Alternative Uses
Best Use
Apartment 5plus
$831.8K
$727.8K – $970.4K
NOI $58,226 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.63M
$4.05M – $5.40M
NOI $324,261 @ 7.0% cap · market cap 17.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
Market
Average Price Trend$/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 - A two-level penthouse condo combines four bedrooms with private outdoor space and a spacious eat-in kitchen.
Where is this residential income property located?
The property is located at 203 W 112th Street PH6W Manhattan, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Four bedrooms across a two‑level penthouse condo; Private roof garden and deck; Two windowed bathrooms; gas fireplace requires relining
