Prewar Residential Income
For Sale
$1,125,000
230 W END Avenue 8AG, New York City, NY 10023
The residence offers two bedrooms, two full baths, and access to full-service building amenities.
Property Size1,100 SF
Days on Market10
Property Features for 230 W END Avenue 8AG
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
24-hour doorman
laundry room
private storage
bike storage
courtyard
Building Details
Building Size
1,100 SF
Year Built
1927
Listing Agency:
Platinum Forbes Global Properties
Listed By:
Marc Nayor
(917) 699-8099
Source:
Serhant
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 5:25PM
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 Platinum Forbes Global Properties
Investment Insights
Based on property information with market context.
This 1,100-square-foot residence in a prewar cooperative has two bedrooms and two full bathrooms. The living room is described as bright, while the eat-in kitchen faces east and includes generous storage. The primary bedroom has two exposures and an en suite bath with a walk-in shower; the second bedroom also has two exposures. A hallway provides access to the other full bathroom.
Built in 1927, the building has a 24-hour doorman, laundry room, private storage, bike storage, and a courtyard. Pied-à-terre requests are considered individually.
Built in 1927, the building has a 24-hour doorman, laundry room, private storage, bike storage, and a courtyard. Pied-à-terre requests are considered individually.
Key Highlights
- Two‑bedroom, two‑bath residence measuring 1,100 square feet
- Built in 1927
- Full‑service cooperative with 24‑hour doorman
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,558
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,160
$691.2K
Cap Rate 7%
$493,686
$493.7K
Cap Rate 9%
$383,978
$384.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$66.0K $60.00/SF
− Vacancy
−$3.2K −$2.88/SF
EGI
$62.8K $57.12/SF
− OpEx
−$28.3K −$25.70/SF
NOI
$34.6K $31.42/SF
Area
ZIP 10023
Vacancy
4.80%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,160
Cap Rate 7%
$493,686
Cap Rate 9%
$383,978
Alternative Uses
Best Use
Apartment 5plus
$493.7K
$432.0K – $576.0K
NOI $34,558 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$782.1K
$684.3K – $912.5K
NOI $54,747 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
9,976
Businesses Nearby
Explore this area
Business Placement
Demographics for 10023, NY
71,164
Population
46,272
Households
1.5
Avg Household Size
42
Median Age
84%
College-Educated
98%
High-School Grad
1.0 sq mi
ZIP Area
71,164
Density / Sq Mi
$157,866
Median Household Income
$109,508
Median Earnings
$3,050
Median Rent
$1,401,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence offers two bedrooms, two full baths, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 230 W END Avenue 8AG New York City, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence measuring 1,100 square feet; Built in 1927; Full‑service cooperative with 24‑hour doorman
