One-Bedroom Residential Income
211 E 53rd Street 10-G, Manhattan, NY 10022
For Sale
$799,000
Renovated kitchen, extensive storage, and full-service building amenities enhance this flexible residential offering.
Property Size750 SF
Price / SF$1,065
Days on Market70
Property Features for 211 E 53rd Street 10-G
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
24-hour doorman
live-in superintendent
central laundry room
landscaped roof deck
bike room
storage
attached parking garage
Building Details
Building Size
Year Built
Listing Agency:
Cooper & Cooper Real Estate LLC
Listed By:
Eric Brown
(917) 554-9684
Source:
Lenasimpson
Added: Sep 1
Changed: Nov 8
Last Checked: Nov 8 at 12:25PM
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 Cooper & Cooper Real Estate LLC
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.
Residence 10G is a 750 SF one-bedroom home in The Hawthorne, built in 1959. The layout includes an oversized living room with room for dining, a generously sized bedroom, wood flooring, multiple closets, a walk-in closet, and a renovated kitchen with stainless steel appliances, wood cabinetry, quartz countertops, and substantial workspace. Southern and eastern exposures provide natural light and city views.
The full-service condop includes a 24-hour doorman, live-in superintendent, central laundry, landscaped roof deck, bike room, storage, and an attached parking garage with direct building access. The property is positioned at 211 E 53rd Street near Midtown East and Sutton Place, with restaurants, cafes, markets, shopping, and nearby E, M, and 6 subway service. Liberal subletting policies and condominium-style rules support use as a primary residence, pied-a-terre, or investment property.
The full-service condop includes a 24-hour doorman, live-in superintendent, central laundry, landscaped roof deck, bike room, storage, and an attached parking garage with direct building access. The property is positioned at 211 E 53rd Street near Midtown East and Sutton Place, with restaurants, cafes, markets, shopping, and nearby E, M, and 6 subway service. Liberal subletting policies and condominium-style rules support use as a primary residence, pied-a-terre, or investment property.
Key Highlights
- 750 SF one‑bedroom residence at The Hawthorne
- Renovated kitchen with stainless steel appliances and quartz countertops
- Oversized living room with dedicated dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,465
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,300
$469.3K
Cap Rate 7%
$335,214
$335.2K
Cap Rate 9%
$260,722
$260.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$44.9K $59.88/SF
− Vacancy
−$2.2K −$2.99/SF
EGI
$42.7K $56.89/SF
− OpEx
−$19.2K −$25.60/SF
NOI
$23.5K $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%
$469,300
Cap Rate 7%
$335,214
Cap Rate 9%
$260,722
Alternative Uses
Best Use
Apartment 5plus
$335.2K
$293.3K – $391.1K
NOI $23,465 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.3K
$458.8K – $611.7K
NOI $36,704 @ 7.0% cap · market cap 4.59%
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
57,003
Businesses Nearby
Explore this area
Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Market
Average Price Trend$/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 - Renovated kitchen, extensive storage, and full-service building amenities enhance this flexible residential offering.
Where is this residential income property located?
The property is located at 211 E 53rd Street 10-G Manhattan, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 750 SF one‑bedroom residence at The Hawthorne; Renovated kitchen with stainless steel appliances and quartz countertops; Oversized living room with dedicated dining area
