Convertible Two-Bedroom Residential
210 E 47TH Street 12F, Manhattan, NY 10017
For Sale
$749,000
A full-service, doorman-served building offers concierge service, basement laundry, and flexible subletting with six-month minimum leases.
Property Size733 SF
Price / SF$1,021
Days on Market47
Property Features for 210 E 47TH Street 12F
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
doorman
24-hour concierge
live-in superintendent
basement laundry
dishwasher
Building Details
Building Size
Year Built
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Patricia Vance · License #30VA0900853
(917) 579-4016
Source:
Miradorrealestate
Added: Sep 22
Changed: Nov 5
Last Checked: Nov 6 at 5:54PM
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
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.
This 733-square-foot corner apartment has a convertible two-bedroom layout, one spacious bedroom, and an oversized living room. East, north, and south exposures bring in natural light, while city views, a marble bathroom, generous closet space, a dishwasher, and recent painting round out the interior. The building, completed in 1957, provides a doorman, 24-hour concierge, live-in superintendent, and basement laundry. Shares and pets are permitted.
At 210 E 47th Street in New York City, the property is near restaurants, shops, the United Nations, and Grand Central. Transit options include the 4, 5, 6, 7, and S trains, as well as Metro-North. The stated sublet policy allows leases of at least six months and streamlined approval.
At 210 E 47th Street in New York City, the property is near restaurants, shops, the United Nations, and Grand Central. Transit options include the 4, 5, 6, 7, and S trains, as well as Metro-North. The stated sublet policy allows leases of at least six months and streamlined approval.
Key Highlights
- 733‑square‑foot corner apartment with east, north, and south exposures
- Convertible two‑bedroom layout with an oversized living room
- Marble bathroom, dishwasher, and generous closet space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,934
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,680
$458.7K
Cap Rate 7%
$327,629
$327.6K
Cap Rate 9%
$254,822
$254.8K
Market Conditions
NOI Build-Up for 733 SF
Gross rent
$43.9K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$41.7K $56.89/SF
− OpEx
−$18.8K −$25.60/SF
NOI
$22.9K $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%
$458,680
Cap Rate 7%
$327,629
Cap Rate 9%
$254,822
Alternative Uses
Best Use
Apartment 5plus
$327.6K
$286.7K – $382.2K
NOI $22,934 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.82M
$1.60M – $2.13M
NOI $127,718 @ 7.0% cap · market cap 17.05%
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
58,096
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 full-service, doorman-served building offers concierge service, basement laundry, and flexible subletting with six-month minimum leases.
Where is this residential income property located?
The property is located at 210 E 47TH Street 12F Manhattan, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 733‑square‑foot corner apartment with east, north, and south exposures; Convertible two‑bedroom layout with an oversized living room; Marble bathroom, dishwasher, and generous closet space
