Tenant-Occupied Residential Income
220 W 111th Street 6A, Manhattan, NY 10026
For Sale
$770,000
Two-bedroom, two-bath condominium with a windowed open kitchen, en-suite bathrooms, and shared roof terrace access.
Property Size785 SF
Price / SF$980.89
Days on Market73
Property Features for 220 W 111th Street 6A
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
roof terrace
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Hauseit LLC
Listed By:
Vivian Bordon
(917) 494-1779
Source:
Nobleblackandpartners
Added: Aug 27
Changed: Nov 7
Last Checked: Nov 6 at 3:40PM
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 Hauseit 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.
This tenant-occupied residential income property is a two-bedroom, two-bath pre-war condominium in a building constructed in 1900. The residence offers north and south exposures, nine-foot ceilings, hardwood flooring, and bedrooms with en-suite bathrooms. Its windowed open kitchen includes black granite counters, tiled backsplash, stainless-steel appliances, dishwasher, and microwave. A roof terrace with open rooftop views is located a short flight above the apartment.
The property is at 220 W 111th Street, New York City, NY 10026, one block from Central Park in South Harlem. The surrounding area includes multiple subway lines, Columbia University, restaurants, lounges, markets, and cafes.
The property is at 220 W 111th Street, New York City, NY 10026, one block from Central Park in South Harlem. The surrounding area includes multiple subway lines, Columbia University, restaurants, lounges, markets, and cafes.
Key Highlights
- Tenant‑occupied two‑bedroom, two‑bath condominium
- Pre‑war building constructed in 1900
- Windowed open kitchen with black granite counters and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,561
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,220
$491.2K
Cap Rate 7%
$350,871
$350.9K
Cap Rate 9%
$272,900
$272.9K
Market Conditions
NOI Build-Up for 785 SF
Gross rent
$47.0K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$44.7K $56.89/SF
− OpEx
−$20.1K −$25.60/SF
NOI
$24.6K $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%
$491,220
Cap Rate 7%
$350,871
Cap Rate 9%
$272,900
Alternative Uses
Best Use
Apartment 5plus
$350.9K
$307.0K – $409.4K
NOI $24,561 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,778 @ 7.0% cap · market cap 17.76%
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
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,482
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
$1,014,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two-bedroom, two-bath condominium with a windowed open kitchen, en-suite bathrooms, and shared roof terrace access.
Where is this residential income property located?
The property is located at 220 W 111th Street 6A Manhattan, NY.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Tenant‑occupied two‑bedroom, two‑bath condominium; Pre‑war building constructed in 1900; Windowed open kitchen with black granite counters and stainless‑steel appliances
