Renovated One-Bedroom Residential
26 W 97th Street 4-D, Manhattan, NY 10025
For Sale
$650,000
Pending
Updated condominium with an open kitchen, pre-war details, dedicated storage, and access to shared outdoor amenities.
Property Size650 SF
Days on Market111
Property Features for 26 W 97th Street 4-D
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
laundry facilities
shared outdoor space
dedicated storage
Building Details
Building Size
Year Built
Listing Agency:
R New York
Listed By:
Elan Hadar
(516) 457-9957
Source:
Serhant
Added: Jul 22
Changed: Nov 6
Last Checked: Nov 8 at 4:24PM
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 R New York
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Investment Insights
Based on property information with market context.
Apartment 4-D is a one-bedroom condominium in a 1900 pre-war building at 26 W 97th Street. The 650-square-foot residence features a gut-renovated, windowed kitchen connected to the living room, exposed brick, high ceilings, and other period details. Two window air-conditioning units are installed, and dedicated building storage is included.
Building amenities include laundry facilities and a shared outdoor area furnished with couches and a grill. Central Park, including tennis courts and the North Meadow Recreation Center, is nearby. Whole Foods is approximately half a block away, Trader Joe’s is approximately three blocks away, and Columbus Square provides additional shops, restaurants, and services. The B and C subway lines are steps away, while the 1, 2, and 3 trains are a few blocks from the property.
Building amenities include laundry facilities and a shared outdoor area furnished with couches and a grill. Central Park, including tennis courts and the North Meadow Recreation Center, is nearby. Whole Foods is approximately half a block away, Trader Joe’s is approximately three blocks away, and Columbus Square provides additional shops, restaurants, and services. The B and C subway lines are steps away, while the 1, 2, and 3 trains are a few blocks from the property.
Key Highlights
- 650‑square‑foot one‑bedroom condominium in a 1900 pre‑war building
- Gut‑renovated windowed kitchen opens into the living room
- Exposed brick, high ceilings, and preserved pre‑war details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,396
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,920
$427.9K
Cap Rate 7%
$305,657
$305.7K
Cap Rate 9%
$237,733
$237.7K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$41.0K $63.00/SF
− Vacancy
−$2.0K −$3.15/SF
EGI
$38.9K $59.85/SF
− OpEx
−$17.5K −$26.93/SF
NOI
$21.4K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,920
Cap Rate 7%
$305,657
Cap Rate 9%
$237,733
Alternative Uses
Best Use
Apartment 5plus
$305.7K
$267.5K – $356.6K
NOI $21,396 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.2K
$404.4K – $539.2K
NOI $32,351 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
12,168
Businesses Nearby
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Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Market
Average Price Trend$/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 condominium with an open kitchen, pre-war details, dedicated storage, and access to shared outdoor amenities.
Where is this residential income property located?
The property is located at 26 W 97th Street 4-D Manhattan, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 650‑square‑foot one‑bedroom condominium in a 1900 pre‑war building; Gut‑renovated windowed kitchen opens into the living room; Exposed brick, high ceilings, and preserved pre‑war details
