Apartment Building in New
For Sale
$1,050,000
268 E Broadway A307, New York, NY 10002
Apartment building for sale in New York, NY.
Property Size1,000 SF
Lot Size211,025.00 Acres
Days on Market315
Property Features for 268 E Broadway A307
General Information
Standard status
Active
Size
1,000 SF
Lot size
211,025.00 Acres
Property subtype
Residential
Building Details
Building Size
1,000 SF
Year Built
1960
Units
880
Listing Agency:
LoHo Realty Inc
Listed By:
Jacob J Goldman
(212) 388-1115
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 7
Last Checked: Oct 7 at 12:52PM
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 LoHo Realty Inc
Investment Insights
Based on property information with market context.
An apartment building is available for purchase. The list price is $1,075,000.
Key Highlights
- Year Built: 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,386
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,720
$627.7K
Cap Rate 7%
$448,371
$448.4K
Cap Rate 9%
$348,733
$348.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$59.9K $59.88/SF
− Vacancy
−$2.8K −$2.81/SF
EGI
$57.1K $57.07/SF
− OpEx
−$25.7K −$25.68/SF
NOI
$31.4K $31.39/SF
Area
ZIP 10002
Vacancy
4.70%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,720
Cap Rate 7%
$448,371
Cap Rate 9%
$348,733
Alternative Uses
Best Use
Apartment 5plus
$448.4K
$392.3K – $523.1K
NOI $31,386 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.90M
NOI $174,240 @ 7.0% cap · market cap 16.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,896
Businesses Nearby
Explore this area
Business Placement
Demographics for 10002, NY
82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in New York, NY.
Where is this apartment building located?
The property is located at 268 E Broadway A307 New York, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Year Built: 1960
