Apartment Building For
For Sale
$999,999
Pending
211 E 53rd St 12-C, New York, NY 10022
Apartment building for sale in New York, NY.
Property Size925 SF
Days on Market316
Property Features for 211 E 53rd St 12-C
General Information
Standard status
Pending
Size
925 SF
Property subtype
Residential
Building Details
Building Size
925 SF
Year Built
1959
Listing Agency:
R New York
Listed By:
Sonia Rehani
(917) 686-9656
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 24
Last Checked: Oct 7 at 1:39PM
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 R New York
Investment Insights
Based on property information with market context.
An apartment building is available for sale. The listed price is $999999.
Key Highlights
- Year Built: 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,941
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,820
$578.8K
Cap Rate 7%
$413,443
$413.4K
Cap Rate 9%
$321,567
$321.6K
Market Conditions
NOI Build-Up for 925 SF
Gross rent
$55.4K $59.88/SF
− Vacancy
−$2.8K −$2.99/SF
EGI
$52.6K $56.89/SF
− OpEx
−$23.7K −$25.60/SF
NOI
$28.9K $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%
$578,820
Cap Rate 7%
$413,443
Cap Rate 9%
$321,567
Alternative Uses
Best Use
Apartment 5plus
$413.4K
$361.8K – $482.4K
NOI $28,941 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.30M
$2.01M – $2.69M
NOI $161,172 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in New York, NY.
Where is this apartment building located?
The property is located at 211 E 53rd St 12-C New York, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Year Built: 1959
