One-Bedroom Residential Income
For Sale
$665,000
300 RECTOR Place 2H, New York City, NY 10280
Apartment with hardwood flooring, updated kitchen finishes, custom bedroom storage, and access to full-service building amenities.
Property Size625 SF
Price / SF$1,064
Days on Market52
Property Features for 300 RECTOR Place 2H
General Information
Standard status
Active
Size
625 SF
Property subtype
Apartment
Building Details
Building Size
625 SF
Year Built
1986
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Gregory Klein
(212) 452-6243
Source:
Carytamura
Added: Aug 17
Changed: Sep 5
Last Checked: Oct 7 at 3:10PM
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 Brown Harris Stevens Residential Sales LLC
Investment Insights
Based on property information with market context.
Residence 2H at 300 Rector Place is a 625-square-foot one-bedroom apartment in a nine-story building completed in 1986. The layout includes a combined living and dining area with hardwood floors, a kitchen with granite counters, stainless steel appliances, substantial cabinetry, and work space, plus a king-sized bedroom with built-in storage and room for a home office. The bathroom is finished with limestone tile and includes a tub.
The apartment has views toward Battery Park and sits across from Rector Park, with the Hudson River esplanade nearby. Building amenities include a 24-hour doorman, live-in superintendent, fitness center overlooking a private courtyard garden, furnished roof deck, laundry room on each floor, bike storage, common storage, and a playroom. The property is located in Lower Manhattan near the Financial District, Brookfield Place, and multiple subway lines.
The apartment has views toward Battery Park and sits across from Rector Park, with the Hudson River esplanade nearby. Building amenities include a 24-hour doorman, live-in superintendent, fitness center overlooking a private courtyard garden, furnished roof deck, laundry room on each floor, bike storage, common storage, and a playroom. The property is located in Lower Manhattan near the Financial District, Brookfield Place, and multiple subway lines.
Key Highlights
- 625 SF one‑bedroom apartment at 300 Rector Place
- Completed in 1986 within a nine‑story residential building
- Living and dining area finished with hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,555
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,100
$391.1K
Cap Rate 7%
$279,357
$279.4K
Cap Rate 9%
$217,278
$217.3K
Market Conditions
NOI Build-Up for 625 SF
Gross rent
$37.4K $59.88/SF
− Vacancy
−$1.9K −$2.99/SF
EGI
$35.6K $56.89/SF
− OpEx
−$16.0K −$25.60/SF
NOI
$19.6K $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%
$391,100
Cap Rate 7%
$279,357
Cap Rate 9%
$217,278
Alternative Uses
Best Use
Apartment 5plus
$279.4K
$244.4K – $325.9K
NOI $19,555 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $108,900 @ 7.0% cap · market cap 16.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23,291
Businesses Nearby
Explore this area
Business Placement
Demographics for 10280, NY
8,993
Population
5,015
Households
1.8
Avg Household Size
38
Median Age
90%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
89,930
Density / Sq Mi
$206,250
Median Household Income
$131,677
Median Earnings
$3,501
Median Rent
$893,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Apartment with hardwood flooring, updated kitchen finishes, custom bedroom storage, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 300 RECTOR Place 2H New York City, NY.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: 625 SF one‑bedroom apartment at 300 Rector Place; Completed in 1986 within a nine‑story residential building; Living and dining area finished with hardwood flooring
