Three-Bedroom Residential Income
For Sale
$1,199,000
203 W 112th Street CE, Manhattan, NY 10026
Renovated condominium with private and shared outdoor spaces, updated kitchen, storage, and access to building amenities.
Property Size1,546 SF
Price / SF$773.55
Days on Market52
Property Features for 203 W 112th Street CE
General Information
Standard status
Active
Size
1,546 SF
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,860
Amenities
shared courtyard
covered dining patio
irrigation system
lighting
part-time doorman
common roof deck
storage cage
bicycle storage
pet-friendly
Building Details
Building Size
1,546 SF
Year Built
1896
Listing Agency:
Compass
Listed By:
Patricia A Goodwin
(917) 386-8431
Source:
Serhant
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 3 at 12:42PM
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
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Investment Insights
Based on property information with market context.
This three-bedroom condominium offers approximately 1,550 square feet of interior space and 630 square feet outdoors. The residence includes a spacious living room with exposed brick, hardwood flooring, detailed window moldings, and an east-facing glass block wall. Its renovated eat-in kitchen features a 5-burner Samsung gas range, wall-mounted microwave, stainless steel Frigidaire dishwasher and refrigerator, double sink, marble-topped island, and stacked washer and dryer. The layout can accommodate three bedrooms and two bathrooms, subject to the alternate floor plan.
Outdoor areas include a private patio garden and access to a shared courtyard reserved for the two garden apartments. The courtyard has planted open-air space, irrigation, lighting, and a covered dining patio. The boutique 13-unit condominium includes a terracotta and marble lobby, part-time doorman, common roof deck, bicycle storage, and a transferable storage cage. The building is two blocks from Central Park and near the 2/3/B/C subway lines, Restaurant Row, Morningside Park, Whole Foods, Columbia, and several bus lines.
Outdoor areas include a private patio garden and access to a shared courtyard reserved for the two garden apartments. The courtyard has planted open-air space, irrigation, lighting, and a covered dining patio. The boutique 13-unit condominium includes a terracotta and marble lobby, part-time doorman, common roof deck, bicycle storage, and a transferable storage cage. The building is two blocks from Central Park and near the 2/3/B/C subway lines, Restaurant Row, Morningside Park, Whole Foods, Columbia, and several bus lines.
Key Highlights
- Approximately 1,550 sf of interior space plus 630 sf outdoors
- Private patio garden and co‑exclusive use of a planted shared courtyard
- Renovated kitchen with 5‑burner Samsung gas range and marble‑topped island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,495
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,900
$969.9K
Cap Rate 7%
$692,786
$692.8K
Cap Rate 9%
$538,833
$538.8K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$92.8K $59.88/SF
− Vacancy
−$4.6K −$2.99/SF
EGI
$88.2K $56.89/SF
− OpEx
−$39.7K −$25.60/SF
NOI
$48.5K $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%
$969,900
Cap Rate 7%
$692,786
Cap Rate 9%
$538,833
Alternative Uses
Best Use
Apartment 5plus
$692.8K
$606.2K – $808.3K
NOI $48,495 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.86M
$3.38M – $4.50M
NOI $270,072 @ 7.0% cap · market cap 22.52%
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
8,389
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated condominium with private and shared outdoor spaces, updated kitchen, storage, and access to building amenities.
Where is this residential income property located?
The property is located at 203 W 112th Street CE Manhattan, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Approximately 1,550 sf of interior space plus 630 sf outdoors; Private patio garden and co‑exclusive use of a planted shared courtyard; Renovated kitchen with 5‑burner Samsung gas range and marble‑topped island
