Top-Floor Residential Income
2101 8th Avenue PH10B, Manhattan, NY 10026
For Sale
$1,095,000
Two-bedroom, two-bath residence with dual outdoor spaces, central air, and a windowed kitchen with stainless steel appliances.
Property Size980 SF
Price / SF$1,117
Days on Market56
Property Features for 2101 8th Avenue PH10B
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Lucie Holt
(917) 770-4953
Source:
Howardhannanyc
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 8 at 2:45PM
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 980-square-foot top-floor residence in a boutique condominium building offers two bedrooms, two bathrooms, and two private outdoor spaces. The windowed kitchen includes stainless steel appliances, a Fisher Paykel dishwasher, garbage disposal, and wine cooler, with an open connection to the living room. The primary bedroom features an en suite bathroom, bidet toilet, balcony, and built-out closet. The second bedroom includes a Murphy bed and storage, while a vented washer and dryer are positioned nearby. Central air serves the home.
Built in 2010, the building provides a rooftop grill, gym, and additional storage available for rent. The property is located three blocks from Central Park and a couple of blocks from subway and bus service, with grocery stores, a weekend farmers market, and restaurants nearby.
Built in 2010, the building provides a rooftop grill, gym, and additional storage available for rent. The property is located three blocks from Central Park and a couple of blocks from subway and bus service, with grocery stores, a weekend farmers market, and restaurants nearby.
Key Highlights
- 980‑square‑foot, two‑bedroom, two‑bath top‑floor residence
- Two outdoor spaces, including a balcony off the primary bedroom
- Windowed kitchen with stainless steel appliances, wine cooler, and Fisher Paykel dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,662
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,240
$613.2K
Cap Rate 7%
$438,029
$438.0K
Cap Rate 9%
$340,689
$340.7K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$58.7K $59.88/SF
− Vacancy
−$2.9K −$2.99/SF
EGI
$55.7K $56.89/SF
− OpEx
−$25.1K −$25.60/SF
NOI
$30.7K $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%
$613,240
Cap Rate 7%
$438,029
Cap Rate 9%
$340,689
Alternative Uses
Best Use
Apartment 5plus
$438.0K
$383.3K – $511.0K
NOI $30,662 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$685.1K
$599.5K – $799.3K
NOI $47,960 @ 7.0% cap · market cap 4.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
9,585
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 - Two-bedroom, two-bath residence with dual outdoor spaces, central air, and a windowed kitchen with stainless steel appliances.
Where is this residential income property located?
The property is located at 2101 8th Avenue PH10B Manhattan, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 980‑square‑foot, two‑bedroom, two‑bath top‑floor residence; Two outdoor spaces, including a balcony off the primary bedroom; Windowed kitchen with stainless steel appliances, wine cooler, and Fisher Paykel dishwasher
