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Two-Bedroom Residential Income Property

30 Bogardus Place 2C, Manhattan, NY 10040

For Sale
$649,900

The 1,100-square-foot residence has two bedrooms, two bathrooms, a renovated eat-in kitchen, and prewar architectural details.

Property Size1,100 SF
Price / SF$590.82
Days on Market63

Property Features for 30 Bogardus Place 2C

General Information

Standard status Active
Size 1,100 SF
Property subtype Apartment

Units

Unit Mix 2 bed 2 bath
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

video intercom system
laundry room
bike room
storage units
super
shared common outdoor patio space

Building Details

Building Size 1,100 SF
Year Built 1941
Construction Art Deco
Listing Agency: Compass
Listed By: Tracie Higgins · License NY #10401366279
Source: Dallien
Added: Sep 8 Changed: Nov 9 Last Checked: Nov 8 at 5:43PM

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 Compass

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Investment Insights

Based on property information with market context.

This 1,100-square-foot, two-bedroom, two-bathroom residence is in a building completed in 1941. Its layout includes an entry foyer, a sunken living room, and a windowed eat-in kitchen with natural wood cabinetry, granite counters, a pantry alcove, and a dishwasher, stove, and refrigerator. The primary bedroom has a windowed en suite bathroom; the second bedroom is served by a separate full bathroom. Hardwood floors, built-in shelving, arched openings, and restored wood doors add period detail. The windows have been replaced, and the building has an A Energy Rating.

Residents have access to a basement laundry room, bike room, video intercom, and shared outdoor patio. Storage units are available by wait list. Fort Tryon Park is within two blocks, and the property is near the A train at 190th Street, the 1 train, and local and express bus routes. Shops, restaurants, grocery stores, and cultural organizations are also in the surrounding area.

Key Highlights

  • 1,100‑square‑foot residence with 2 bedrooms and 2 bathrooms
  • Renovated, windowed eat‑in kitchen with granite counters and pantry storage
  • Prewar details include hardwood floors, arched openings, and built‑in shelving

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,416
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,320 $688.3K
Cap Rate 7%
$491,657 $491.7K
Cap Rate 9%
$382,400 $382.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$65.9K $59.88/SF
− Vacancy
−$3.3K −$2.99/SF
EGI
$62.6K $56.89/SF
− OpEx
−$28.2K −$25.60/SF
NOI
$34.4K $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%
$688,320
Cap Rate 7%
$491,657
Cap Rate 9%
$382,400

Alternative Uses

Best Use
Apartment 5plus
$491.7K
$430.2K – $573.6K (±1% cap)
NOI $34,416 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.0K
$672.9K – $897.2K (±1% cap)
NOI $53,832 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,511
Businesses Nearby

Demographics for 10040, NY

40,405
Population
17,020
Households
2.4
Avg Household Size
39
Median Age
38%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
67,342
Density / Sq Mi
$64,022
Median Household Income
$41,849
Median Earnings
$1,680
Median Rent
$465,700
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 - The 1,100-square-foot residence has two bedrooms, two bathrooms, a renovated eat-in kitchen, and prewar architectural details.
Where is this residential income property located?
The property is located at 30 Bogardus Place 2C Manhattan, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 1,100‑square‑foot residence with 2 bedrooms and 2 bathrooms; Renovated, windowed eat‑in kitchen with granite counters and pantry storage; Prewar details include hardwood floors, arched openings, and built‑in shelving
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