One-Bedroom Residential Income
2280 FREDERICK DOUGLASS Boulevard 11A, New York City, NY 10027
For Sale
$840,000
Open-concept residence with custom finishes, expansive windows, and full-service building amenities.
Property Size859 SF
Price / SF$977.88
Days on Market97
Property Features for 2280 FREDERICK DOUGLASS Boulevard 11A
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
doorman
furnished roof deck
wood-burning fireplace
barbeque grill
patio garden
play area
attended parking garage
smart home
washer and dryer
walk-in closet
Building Details
Building Size
Year Built
Listing Agency:
Douglas Elliman Real Estate
Listed By:
XIAOLAN SHANG · License #40SH0946650
(917) 603-8275
Source:
Bondnyre
Added: Aug 5
Changed: Nov 8
Last Checked: Nov 8 at 12:22PM
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
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Investment Insights
Based on property information with market context.
Unit 11A is an 859-square-foot one-bedroom residence completed in 2010. Its open plan is framed by large picture windows with east and southeast exposures. Interior features include five-inch select-grade hardwood flooring, a walk-in closet, dimmable lighting, and an in-unit full-size LG washer and gas dryer.
The kitchen is fitted with Aster Cucine cabinetry, CesarStone countertops, Blanco and Dornbracht fixtures, a Miele dishwasher, Sub-Zero refrigerator-freezer, and Wolf professional cooktop. The bathroom includes Grigio Luna stone tile, glass mosaic accents, Lacava wood vanities, and dual thermostatically controlled fixtures serving the tub and shower.
Building amenities include a full-time doorman, furnished roof deck with a wood-burning fireplace and barbecue grill, patio garden with play area, and an attended parking garage.
The kitchen is fitted with Aster Cucine cabinetry, CesarStone countertops, Blanco and Dornbracht fixtures, a Miele dishwasher, Sub-Zero refrigerator-freezer, and Wolf professional cooktop. The bathroom includes Grigio Luna stone tile, glass mosaic accents, Lacava wood vanities, and dual thermostatically controlled fixtures serving the tub and shower.
Building amenities include a full-time doorman, furnished roof deck with a wood-burning fireplace and barbecue grill, patio garden with play area, and an attended parking garage.
Key Highlights
- 859s.f. one‑bedroom unit with open layout
- Large picture windows with east and southeast views
- Kitchen with Aster Cucine cabinetry, CesarStone counters, Miele, Sub‑Zero, and Wolf appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,876
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,520
$537.5K
Cap Rate 7%
$383,943
$383.9K
Cap Rate 9%
$298,622
$298.6K
Market Conditions
NOI Build-Up for 859 SF
Gross rent
$51.4K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$48.9K $56.89/SF
− OpEx
−$22.0K −$25.60/SF
NOI
$26.9K $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%
$537,520
Cap Rate 7%
$383,943
Cap Rate 9%
$298,622
Alternative Uses
Best Use
Apartment 5plus
$383.9K
$336.0K – $447.9K
NOI $26,876 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.5K
$525.5K – $700.6K
NOI $42,038 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
9,915
Businesses Nearby
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Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in New York City, NY
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-concept residence with custom finishes, expansive windows, and full-service building amenities.
Where is this residential income property located?
The property is located at 2280 FREDERICK DOUGLASS Boulevard 11A New York City, NY.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: 859s.f. one‑bedroom unit with open layout; Large picture windows with east and southeast views; Kitchen with Aster Cucine cabinetry, CesarStone counters, Miele, Sub‑Zero, and Wolf appliances
