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Renovated One-Bedroom Income Property

250 S END Avenue 12G, Manhattan, NY 10280

For Sale
$725,000

Waterfront condominium residence with an open kitchen, hardwood floors, and full-service building amenities.

Property Size710 SF
Price / SF$1,021
Days on Market239

Property Features for 250 S END Avenue 12G

General Information

Standard status Active
Size 710 SF
Elevators Yes
Property subtype Apartment

Units

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

Additional Details

HOA Fee $508.74
Public Transit Yes

Taxes and HOA fees

Annual Taxes $14,652

Amenities

doorman
live-in superintendent
bike room
laundry on each floor

Building Details

Building Size 710 SF
Year Built 1986
Listing Agency: Serhant
Listed By: Michael Hay
Source: Serhant
Added: Mar 16 Changed: Nov 7 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 Serhant

Rey
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Investment Insights

Based on property information with market context.

This recently renovated residential income property occupies the 12th floor of Hudson View East and includes 710 square feet with one bedroom and one bath. Eastern and western exposures provide views toward the Oculus, the Statue of Liberty, and the Hudson River. The interior features a spacious living room, separate dining area, open kitchen with dishwasher, hardwood flooring, and a generously sized bedroom.

The condominium building offers a full-time doorman, live-in superintendent, elevators, a bike room, and laundry facilities on every floor. Residents have access to the Battery Park City Esplanade, Brookfield Place, nearby dining and entertainment, and convenient service from the R, W, 1, 4, and 5 trains. The building was constructed in 1986 and permits pets.

Key Highlights

  • 12th‑floor condominium residence with 710 square feet
  • One‑bedroom, one‑bath layout with eastern and western exposures
  • Views toward the Oculus, Statue of Liberty, and Hudson River

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,214
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,280 $444.3K
Cap Rate 7%
$317,343 $317.3K
Cap Rate 9%
$246,822 $246.8K
Market Conditions
NOI Build-Up for 710 SF
Gross rent
$42.5K $59.88/SF
− Vacancy
−$2.1K −$2.99/SF
EGI
$40.4K $56.89/SF
− OpEx
−$18.2K −$25.60/SF
NOI
$22.2K $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%
$444,280
Cap Rate 7%
$317,343
Cap Rate 9%
$246,822

Alternative Uses

Best Use
Apartment 5plus
$317.3K
$277.7K – $370.2K (±1% cap)
NOI $22,214 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$496.4K
$434.3K – $579.1K (±1% cap)
NOI $34,746 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

31,628
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Waterfront condominium residence with an open kitchen, hardwood floors, and full-service building amenities.
Where is this residential income property located?
The property is located at 250 S END Avenue 12G Manhattan, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 12th‑floor condominium residence with 710 square feet; One‑bedroom, one‑bath layout with eastern and western exposures; Views toward the Oculus, Statue of Liberty, and Hudson River
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