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Residential Income Property with Balcony
For Sale
$700,000

204 W 140th Street 4D, New York City, NY 10030

Two-bedroom condominium residence with abundant natural light, exposed brick, hardwood flooring, and contemporary kitchen finishes.

Property Size882 SF
Days on Market499

Property Features for 204 W 140th Street 4D

General Information

Standard status Active
Size 882 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $7,824

Amenities

private balcony
in-unit washer/dryer
split-system heating and cooling
exposed brick
hardwood floors
virtual doorman
package room
free bike storage
optional storage room

Building Details

Building Size 882 SF
Year Built 1926
Year Renovated 2006
Listing Agency: Compass
Listed By: Brandon James Turner
Source: Serhant
Added: May 29, 2025 Changed: Oct 2 Last Checked: Oct 7 at 5:42PM

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

Investment Insights

Based on property information with market context.

Residence 4D is an 882-square-foot, two-bedroom, one-bath condominium home with a generous entry foyer, windowed living areas, and a private balcony. The kitchen includes custom cabinetry, substantial counter space, and Bosch appliances, including a dishwasher, oven, and refrigerator. Exposed brick, hardwood floors, split-system heating and cooling, an in-unit washer/dryer, and two spacious closets add functional and architectural detail.

The home is located at 204 W 140th Street in New York City’s Central Harlem. Strivers North is a condominium building originally constructed in 1926 and fully renovated in 2006, with 29 residences. Building features include a virtual doorman, package room, complimentary bike storage, an optional storage room for rent, and recently updated lobby and hallway areas served by a glass elevator bank.

Key Highlights

  • 882‑square‑foot two‑bedroom, one‑bath residence
  • Private balcony with direct access from light‑filled living areas
  • Bosch dishwasher, oven, and refrigerator in the windowed kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,595
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,900 $551.9K
Cap Rate 7%
$394,214 $394.2K
Cap Rate 9%
$306,611 $306.6K
Market Conditions
NOI Build-Up for 882 SF
Gross rent
$52.8K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$50.2K $56.89/SF
− OpEx
−$22.6K −$25.60/SF
NOI
$27.6K $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%
$551,900
Cap Rate 7%
$394,214
Cap Rate 9%
$306,611

Alternative Uses

Best Use
Apartment 5plus
$394.2K
$344.9K – $459.9K (±1% cap)
NOI $27,595 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.20M
$1.92M – $2.56M (±1% cap)
NOI $153,680 @ 7.0% cap · market cap 21.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Coria air conditioning ... HVAC Service

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Building Supply Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,069
Businesses Nearby

Demographics for 10030, NY

29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condominium residence with abundant natural light, exposed brick, hardwood flooring, and contemporary kitchen finishes.
Where is this residential income property located?
The property is located at 204 W 140th Street 4D New York City, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 882‑square‑foot two‑bedroom, one‑bath residence; Private balcony with direct access from light‑filled living areas; Bosch dishwasher, oven, and refrigerator in the windowed kitchen
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