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Corner Residential Income Property

277 5TH Avenue 12B, Manhattan, NY 10016

For Sale
New
$1,850,000

Northeast-facing windows and an open kitchen define the one-bedroom layout.

Property Size848 SF
Price / SF$2,181
Days on Market7

Property Features for 277 5TH Avenue 12B

General Information

Standard status Active
Size 848 SF
Property subtype Apartment

Units

Unit Mix 1 x one-bedroom
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $23,208

Amenities

lobby library
entertainment suite
fitness center
Furnished Fifth Avenue terrace
games lounge
playroom

Building Details

Building Size 848 SF
Year Built 2019
Listing Agency: Corcoran Group
Listed By: Richard E Hottinger · License NY #10301214388
Source: Carlinwright
Added: Nov 9 Changed: Nov 14 Last Checked: Nov 14 at 11:34AM

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 848-square-foot corner residence has one bedroom, northeast exposures, and floor-to-ceiling windows. Ceilings rise more than 10 feet. The open kitchen includes pale oak cabinetry, a marble island and counters, and integrated Miele appliances, including a wine cooler, gas cooktop, convection oven, speed oven, and dishwasher. The bedroom has a dressing area; the bathroom features marble finishes, heated floors, walnut cabinetry, and Dornbracht fixtures.

Completed in 2019, the Manhattan tower was designed by Rafael Viñoly. Building amenities span two floors and include a library in the lobby, an entertainment suite with a bar and private dining room, a fitness center with access to a furnished Fifth Avenue terrace, a games lounge, and a playroom. The residence is at 277 Fifth Avenue in NoMad.

Key Highlights

  • 848‑square‑foot corner, one‑bedroom residence
  • Northeast exposures and floor‑to‑ceiling windows
  • Ceilings exceed 10 feet

Property Analytics

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Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

84,203
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Northeast-facing windows and an open kitchen define the one-bedroom layout.
Where is this residential income property located?
The property is located at 277 5TH Avenue 12B Manhattan, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 848‑square‑foot corner, one‑bedroom residence; Northeast exposures and floor‑to‑ceiling windows; Ceilings exceed 10 feet
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