Renovated Residential Income
New
For Sale
$875,000
250 S END Avenue 11E, Manhattan, NY 10280
The 807-square-foot apartment has two bedrooms, one-and-a-half baths, and updated kitchen and bathroom finishes.
Property Size807 SF
Price / SF$1,084
Days on Market7
Property Features for 250 S END Avenue 11E
General Information
Standard status
Active
Size
807 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$16,572
Amenities
24-hour concierge
barbecue area
multiple sitting areas
pet runs
Building Details
Building Size
807 SF
Year Built
1986
Listing Agency:
Corcoran Group
Listed By:
Jonathan Jossen · License #10401256168 (NY)
(646) 208-2904
Source:
Nilelundgren
Added: Oct 25
Changed: Oct 29
Last Checked: Oct 30 at 10:37PM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
This renovated 807-square-foot apartment contains two bedrooms and one-and-a-half baths. Oversized windows bring daylight into the living, dining, and bedroom areas, while generous closets add storage. The kitchen features updated appliances and cabinetry, quartz counters, and an opening toward the living room. Both bathrooms have been renovated. Two-zone central air, bedroom fans, and electric blinds are also included. The building dates to 1986.
Building amenities include a 24-hour concierge and a rear outdoor area with barbecue grills and seating. Brookfield Place, parks, pet runs, and multiple parking garages are nearby. Several forms of transportation are a few minutes away, and Tribeca is about a 10-minute walk.
Building amenities include a 24-hour concierge and a rear outdoor area with barbecue grills and seating. Brookfield Place, parks, pet runs, and multiple parking garages are nearby. Several forms of transportation are a few minutes away, and Tribeca is about a 10-minute walk.
Key Highlights
- 807‑square‑foot apartment with two bedrooms and one‑and‑a‑half baths
- Renovated kitchen with new appliances, updated cabinetry, and quartz counters
- Two renovated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,249
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,980
$505.0K
Cap Rate 7%
$360,700
$360.7K
Cap Rate 9%
$280,544
$280.5K
Market Conditions
NOI Build-Up for 807 SF
Gross rent
$48.3K $59.88/SF
− Vacancy
−$2.4K −$2.99/SF
EGI
$45.9K $56.89/SF
− OpEx
−$20.7K −$25.60/SF
NOI
$25.2K $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%
$504,980
Cap Rate 7%
$360,700
Cap Rate 9%
$280,544
Alternative Uses
Best Use
Apartment 5plus
$360.7K
$315.6K – $420.8K
NOI $25,249 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,612 @ 7.0% cap · market cap 16.07%
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
31,628
Businesses Nearby
Explore this area
Business Placement
Demographics for 10280, NY
8,993
Population
5,015
Households
1.8
Avg Household Size
38
Median Age
90%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
89,930
Density / Sq Mi
$206,250
Median Household Income
$131,677
Median Earnings
$3,501
Median Rent
$893,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 807-square-foot apartment has two bedrooms, one-and-a-half baths, and updated kitchen and bathroom finishes.
Where is this residential income property located?
The property is located at 250 S END Avenue 11E Manhattan, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 807‑square‑foot apartment with two bedrooms and one‑and‑a‑half baths; Renovated kitchen with new appliances, updated cabinetry, and quartz counters; Two renovated bathrooms
