Renovated One-Bedroom Income
For Sale
$725,000
250 S END Avenue 12G, New York City, NY 10280
Waterfront condominium residence with an open kitchen, hardwood floors, and full-service building amenities.
Property Size710 SF
Price / SF$1,021
Days on Market177
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
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
(917) 306-4906
Source:
Serhant
Added: Mar 16
Changed: Sep 5
Last Checked: Sep 7 at 7:01AM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,214
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $22,214 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.06M
NOI $123,710 @ 7.0% cap · market cap 17.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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 New York City, 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
