Multifamily Residential Income
30 N Portland Ave Manhattan, NY 11205
30 N Portland Ave, Manhattan, NY, 11205
$2,200,000
For Sale
$2,200,000
MULTI_FAMILY - Manhattan, NY
Property Size3,540 SF
Lot Size0.04 Acres
Price / SF$621.47
Days on Market48
Property Features for 30 N Portland Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 5, Bedroom 9, Bedroom 4, Laundry Room, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
- Interior features
- Entrance Foyer
- Standard status
- Active
- Size
- 3,540 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4785
Building Details
- Floors in Building
- 3
Listing Agency
5 BORO REALTY CORP
(917) 705-0005
2153 UTICA AVE, BROOKLYN, NY
Listed by
Nina Sabag
855-305-DEAL
Added: Jun 4 Updated: Jul 11 at 11:32 am Checked: Jul 21 at 4:06 am
MLS# 11801084
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 30 N Portland Ave in Manhattan, NY 11205, this multifamily residential income property is listed for sale with a total property size of 3,540 square feet on a 0.0384-acre lot.
The listing notes that all offers should be submitted through Auction.com. Interested parties should confirm the applicable offering and bidding requirements directly through the auction platform.
Additional property details such as unit configuration, current occupancy, and specific income/expense information are not provided in the available listing materials, so prospective buyers are encouraged to review the full offering documentation during their due diligence.
The listing notes that all offers should be submitted through Auction.com. Interested parties should confirm the applicable offering and bidding requirements directly through the auction platform.
Additional property details such as unit configuration, current occupancy, and specific income/expense information are not provided in the available listing materials, so prospective buyers are encouraged to review the full offering documentation during their due diligence.
Key Highlights
- Layout includes 9 bedrooms
- Includes 4 bathrooms
- Laundry room included
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.0k | $59.88 |
| − Vacancy | −$10.6k | −$2.99 |
| EGI | $201.4k | $56.89 |
| − OpEx | −$90.6k | −$25.60 |
| NOI | $110.8k | $31.29 |
3,540 SF · lease $59.88/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.58M
$1.38M – $1.85M
NOI $110,757 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.81M
$7.71M – $10.28M
NOI $616,810 @ 7.0% cap · market cap 28.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - For-sale multifamily residential income property with auction-submission instructions.
Where is this multifamily property located?
The property is located at 30 N Portland Ave Manhattan, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Layout includes 9 bedrooms; Includes 4 bathrooms; Laundry room included
