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Two-Bedroom Residential Income Property

299 PEARL Street 5E, New York City, NY 10038

For Sale
$1,050,000

Apartment with a private terrace, southwest exposure, and access to extensive Southbridge Towers amenities.

Property SizeContact for details
Days on Market54

Property Features for 299 PEARL Street 5E

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour security
part-time lobby attendant
on-site management
emergency generators
laundry facilities
community recreation spaces
outdoor basketball court
playgrounds
kid's playroom
parking garages
storage
supermarket
gym
preschool
dog groomer
medical offices
restaurants

Building Details

Year Built 1971
Listing Agency: Serhant
Listed By: Steven Clair
Source: Serhant
Added: Sep 17 Changed: Oct 31 Last Checked: Nov 8 at 3:30PM

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 Serhant

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Investment Insights

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This two-bedroom, one-bath apartment at Southbridge Towers includes a large living room, separate dining alcove, and an approximately 18-foot by 7-foot private terrace. The southwest-facing outdoor space overlooks a rear courtyard and provides city views, including One World Trade Center. The kitchen is equipped with stone countertops, stainless steel appliances, and substantial cabinet and counter space. The primary bedroom accommodates a king-size bed with additional furnishings, while the second bedroom can serve as a guest room or home office.

Southbridge Towers was built in 1971 and offers 24-hour security, a part-time lobby attendant, on-site management, laundry facilities, emergency generators, recreation areas, an outdoor basketball court, two playgrounds, and a children’s playroom. The complex also includes a supermarket, gym, preschool, dog groomer, medical offices, and restaurants. Pier 17, the Tin Building, the East River waterfront, and the Financial District are nearby, with ferry service and access to multiple subway and PATH train lines.

Key Highlights

  • Two‑bedroom, one‑bath apartment with an approximately 18‑foot by 7‑foot private terrace
  • Southwest‑facing terrace overlooks a rear courtyard and includes views of One World Trade Center
  • Kitchen features stone countertops, stainless steel appliances, extensive cabinetry, and generous counter space

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

32,498
Businesses Nearby

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in New York City, NY

$1,262 Jul
$1,095 Aug
$1,095 Sep
$1,041 Oct

Properties on Market for Residential income properties in New York City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Apartment with a private terrace, southwest exposure, and access to extensive Southbridge Towers amenities.
Where is this residential income property located?
The property is located at 299 PEARL Street 5E New York City, 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: Two‑bedroom, one‑bath apartment with an approximately 18‑foot by 7‑foot private terrace; Southwest‑facing terrace overlooks a rear courtyard and includes views of One World Trade Center; Kitchen features stone countertops, stainless steel appliances, extensive cabinetry, and generous counter space
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