9-Bedroom Multifamily
For Sale
$2,200,000
30 N Portland Ave, Manhattan, NY 11205
Residential Income, Manhattan, NY
Property Size3,540 SF
Lot Size0.04 Acres
Price / SF$621.47
Days on Market140
Property Features for 30 N Portland Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Full bathrooms
4
Rooms
Laundry Room, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 9, Bathroom 1
Interior features
Entrance Foyer
Subdivision
Fort Greene
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
Listed By:
Nina Sabag
855-305-DEAL
Added: Jun 4
Changed: Oct 19
Last Checked: Oct 21 at 10:06PM
MLS# 11801084
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.
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Investment Insights
Based on property information with market context.
This multifamily property contains 3,540 square feet with nine bedrooms and four bathrooms. Interior features include an entrance foyer and a dedicated laundry room, creating a layout with substantial residential accommodation.
The property occupies 0.0384 acres at 30 N Portland Ave in Manhattan, NY 11205. Its room inventory also includes bedrooms identified as Bedroom 1 through Bedroom 9, along with Bathroom 1 through Bathroom 4.
The property occupies 0.0384 acres at 30 N Portland Ave in Manhattan, NY 11205. Its room inventory also includes bedrooms identified as Bedroom 1 through Bedroom 9, along with Bathroom 1 through Bathroom 4.
Key Highlights
- 3,540‑square‑foot multifamily property
- Nine bedrooms and four bathrooms
- Entrance foyer included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,757
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,215,140
$2.2M
Cap Rate 7%
$1,582,243
$1.6M
Cap Rate 9%
$1,230,633
$1.2M
Market Conditions
NOI Build-Up for 3,540 SF
Gross rent
$212.0K $59.88/SF
− Vacancy
−$10.6K −$2.99/SF
EGI
$201.4K $56.89/SF
− OpEx
−$90.6K −$25.60/SF
NOI
$110.8K $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%
$2,215,140
Cap Rate 7%
$1,582,243
Cap Rate 9%
$1,230,633
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
9,231
Businesses Nearby
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Business Placement
Demographics for 11205, NY
50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property includes an entrance foyer, laundry room, and multiple bedrooms and bathrooms.
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: 3,540‑square‑foot multifamily property; Nine bedrooms and four bathrooms; Entrance foyer included
