Rented Residential Income
25 BROAD Street 4P, Manhattan, NY 10004
For Sale
$925,000
Updated one-bedroom residence with premium finishes and access to an extensive amenity program.
Property Size866 SF
Price / SF$1,068
Days on Market218
Property Features for 25 BROAD Street 4P
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
lounge
game room
rooftop terrace with BBQs
catering kitchen
fitness center
yoga studio
24-hour attended lobby
concierge
pet spa
storage options
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Shawna i Tamayose
(808) 339-0254
Source:
Howardhannanyc
Added: Apr 6
Changed: Nov 8
Last Checked: Nov 8 at 12:30PM
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 Brown Harris Stevens Residential Sales LLC
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Investment Insights
Based on property information with market context.
This north-facing residential income property at 25 Broad Street includes an 866-square-foot one-bedroom residence delivered fully rented. The home features 10-foot ceilings, hardwood flooring, updated countertops, upgraded appliances, and a renovated bathroom. Its semi-open kitchen is equipped with a Bosch cooktop, Caesarstone surfaces, a Lazza crystallized breakfast bar, Poliform cabinetry, a Liebherr refrigerator, Miele dishwasher, oversized wall oven, and microwave.
The residence is located within the Broad Exchange Building, constructed in 1897. Building amenities include a rooftop terrace with BBQs, lounge and game rooms, catering kitchen, fitness center, yoga studio, 24-hour attended lobby, concierge service, pet spa, and storage options. The property is positioned in New York City’s 10004 ZIP code and offers access to multiple subway lines.
The residence is located within the Broad Exchange Building, constructed in 1897. Building amenities include a rooftop terrace with BBQs, lounge and game rooms, catering kitchen, fitness center, yoga studio, 24-hour attended lobby, concierge service, pet spa, and storage options. The property is positioned in New York City’s 10004 ZIP code and offers access to multiple subway lines.
Key Highlights
- 866‑square‑foot north‑facing one‑bedroom residence
- Delivered fully rented for purchase
- 10‑foot ceilings with hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,095
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,900
$541.9K
Cap Rate 7%
$387,071
$387.1K
Cap Rate 9%
$301,056
$301.1K
Market Conditions
NOI Build-Up for 866 SF
Gross rent
$51.9K $59.88/SF
− Vacancy
−$2.6K −$2.99/SF
EGI
$49.3K $56.89/SF
− OpEx
−$22.2K −$25.60/SF
NOI
$27.1K $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%
$541,900
Cap Rate 7%
$387,071
Cap Rate 9%
$301,056
Alternative Uses
Best Use
Apartment 5plus
$387.1K
$338.7K – $451.6K
NOI $27,095 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.4K
$529.8K – $706.4K
NOI $42,381 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
27,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 10004, NY
4,287
Population
2,146
Households
2
Avg Household Size
35
Median Age
91%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
8,574
Density / Sq Mi
$220,592
Median Household Income
$136,348
Median Earnings
$3,501
Median Rent
$1,866,400
Median Home Value
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Market
Average Price Trend$/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 - Updated one-bedroom residence with premium finishes and access to an extensive amenity program.
Where is this residential income property located?
The property is located at 25 BROAD Street 4P Manhattan, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 866‑square‑foot north‑facing one‑bedroom residence; Delivered fully rented for purchase; 10‑foot ceilings with hardwood flooring
