Two-Level Duplex with
264 W 77TH Street 2, New York City, NY 10024
For Sale
$1,350,000
A separate entrance, central A/C, and complimentary on-site laundry add practical features to this residence.
Property Size1,302 SF
Price / SF$1,036
Days on Market114
Property Features for 264 W 77TH Street 2
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
on-site laundry
central air conditioning
storage shed
separate entrance
private backyard
Building Details
Building Size
Year Built
Listing Agency:
Corcoran Group
Listed By:
Tiga M McLoyd · License NY #10301204538
(917) 887-2127
Source:
Decodenyc
Added: Jul 19
Changed: Nov 9
Last Checked: Nov 8 at 9:05PM
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 two-level duplex offers 1,302 square feet of interior space and more than 300 square feet of outdoor area. The living area opens to a wraparound backyard with a storage shed. Inside, the eat-in kitchen features granite counters, stainless steel appliances, a dishwasher, and a microwave. Central A/C and a separate entrance round out the home’s features; on-site laundry is available at no charge.
The residence is in a townhouse-style building constructed in 1900 on West 77th Street in New York City. Riverside Park is less than two blocks away, and Zabar’s, Fairway, Trader Joe’s, and the Beacon Theatre are identified nearby. Transportation is described as convenient.
The residence is in a townhouse-style building constructed in 1900 on West 77th Street in New York City. Riverside Park is less than two blocks away, and Zabar’s, Fairway, Trader Joe’s, and the Beacon Theatre are identified nearby. Transportation is described as convenient.
Key Highlights
- 1,302 square feet of interior space with 300+ square feet of exterior area
- Wraparound backyard accessed from the living area, plus a storage shed
- Two‑level layout with a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,736
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,720
$814.7K
Cap Rate 7%
$581,943
$581.9K
Cap Rate 9%
$452,622
$452.6K
Market Conditions
NOI Build-Up for 1,302 SF
Gross rent
$78.0K $59.88/SF
− Vacancy
−$3.9K −$2.99/SF
EGI
$74.1K $56.89/SF
− OpEx
−$33.3K −$25.60/SF
NOI
$40.7K $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%
$814,720
Cap Rate 7%
$581,943
Cap Rate 9%
$452,622
Alternative Uses
Best Use
Apartment 5plus
$581.9K
$509.2K – $678.9K
NOI $40,736 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$910.3K
$796.5K – $1.06M
NOI $63,718 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
10,984
Businesses Nearby
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Business Placement
Demographics for 10024, NY
62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - A separate entrance, central A/C, and complimentary on-site laundry add practical features to this residence.
Where is this residential income property located?
The property is located at 264 W 77TH Street 2 New York City, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1,302 square feet of interior space with 300+ square feet of exterior area; Wraparound backyard accessed from the living area, plus a storage shed; Two‑level layout with a separate entrance
