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Two-Bedroom Residential Income Property
For Sale
$1,400,000

25 Broad Street 9S, New York City, NY 10005

The residence has two full bathrooms, a powder room, an in-unit washer and dryer, and a private same-floor storage closet.

Property Size1,385 SF
Price / SF$1,010
Days on Market10

Property Features for 25 Broad Street 9S

General Information

Standard status Active
Size 1,385 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Additional Details

Asking Price $1,449,000
Public Transit Yes

Taxes and HOA fees

Annual Taxes $26,304

Amenities

rooftop terrace with outdoor kitchen and grilling stations
residents' lounge
private event suite with catering kitchen
indoor and outdoor children's play areas
pet grooming spa
fitness center with yoga and movement studio
3D multi-sport and golf simulator

Building Details

Building Size 1,385 SF
Year Built 1900
Listing Agency: Daniel Gale of Brooklyn LLC
Listed By: Lauren Kossover Gallagher
Source: Nilelundgren
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 7 at 3:59PM

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 Daniel Gale of Brooklyn LLC

Investment Insights

Based on property information with market context.

This two-bedroom residence at 25 Broad Street has two full bathrooms and a powder room. Ten-foot ceilings, hardwood floors, and south-facing windows characterize the interior. The open kitchen is equipped with Poliform cabinetry, Bosch, Miele, and Liebherr appliances, Caesarstone countertops, and a breakfast bar. Its layout connects to a corner living and dining area. Both bedrooms accommodate king-sized beds and include closet space; the primary suite has an en-suite bath. An in-unit washer and dryer and a private storage closet on the same floor are also included.

Building amenities include a rooftop terrace with an outdoor kitchen and grilling stations, a residents’ lounge, a private event suite with catering kitchen, indoor and outdoor children’s play areas, a pet grooming spa, a fitness center with a yoga and movement studio, and a 3D multi-sport and golf simulator. The property is between Broad Street and Exchange Place, described as cobblestoned pedestrian streets, and near the Seaport, Battery Park, Brookfield Place, the Oculus, Tribeca, SoHo, subway lines, ferry service, dining, shopping, and waterfront parks.

Key Highlights

  • Two bedrooms, two full bathrooms, and a powder room
  • Ten‑foot ceilings, hardwood flooring, and south‑facing windows
  • Kitchen features Poliform cabinetry, Bosch, Miele, and Liebherr appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,333
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,660 $866.7K
Cap Rate 7%
$619,043 $619.0K
Cap Rate 9%
$481,478 $481.5K
Market Conditions
NOI Build-Up for 1,385 SF
Gross rent
$82.9K $59.88/SF
− Vacancy
−$4.1K −$2.99/SF
EGI
$78.8K $56.89/SF
− OpEx
−$35.5K −$25.60/SF
NOI
$43.3K $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%
$866,660
Cap Rate 7%
$619,043
Cap Rate 9%
$481,478

Alternative Uses

Best Use
Apartment 5plus
$619.0K
$541.7K – $722.2K (±1% cap)
NOI $43,333 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.45M
$3.02M – $4.02M (±1% cap)
NOI $241,322 @ 7.0% cap · market cap 17.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Broad Exchange Building Real Estate Agency Salon 25 Hair Salon Peter Buckingham Photography Photography Service RIVAY Clothing & Fashion Store The Adsomo Co. Media Distribution

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

27,450
Businesses Nearby

Demographics for 10005, NY

10,639
Population
6,495
Households
1.6
Avg Household Size
31
Median Age
84%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
106,390
Density / Sq Mi
$211,810
Median Household Income
$133,727
Median Earnings
$3,501
Median Rent
$1,387,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The residence has two full bathrooms, a powder room, an in-unit washer and dryer, and a private same-floor storage closet.
Where is this residential income property located?
The property is located at 25 Broad Street 9S New York City, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two bedrooms, two full bathrooms, and a powder room; Ten‑foot ceilings, hardwood flooring, and south‑facing windows; Kitchen features Poliform cabinetry, Bosch, Miele, and Liebherr appliances
More about this property
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