Renovated One-Bedroom Residential
For Sale
$650,000
Pending
26 W 97th Street 4-D, New York City, NY 10025
Updated condominium with an open kitchen, pre-war details, dedicated storage, and access to shared outdoor amenities.
Property Size650 SF
Days on Market80
Property Features for 26 W 97th Street 4-D
General Information
Standard status
Pending
Size
650 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,174
Amenities
laundry facilities
shared outdoor space
dedicated storage
Building Details
Building Size
650 SF
Year Built
1900
Listing Agency:
R New York
Listed By:
Elan Hadar
(516) 457-9957
Source:
Serhant
Added: Jul 22
Changed: Oct 5
Last Checked: Oct 7 at 5:24PM
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
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
Specialty Retail
$2.57M
$2.25M – $3.00M
NOI $179,712 @ 7.0% cap · market cap 27.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
12,168
Businesses Nearby
Explore this area
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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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 New York City, 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
