One-Bedroom Apartment with Park
For Sale
$630,000
300 RECTOR Place 2H, New York City, NY 10280
The residence combines a separate living and dining area with a renovated-feel kitchen and extensive building amenities.
Property Size625 SF
Price / SF$1,008
Days on Market80
Property Features for 300 RECTOR Place 2H
General Information
Standard status
Active
Size
625 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$14,208
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:
Irynaferenets
Added: Aug 17
Changed: Nov 1
Last Checked: Nov 3 at 7:49AM
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
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Investment Insights
Based on property information with market context.
This 625-square-foot, one-bedroom apartment is located in a nine-story residential building completed in 1986. The home has a large living and dining area with hardwood flooring, a kitchen with granite counters, stainless steel appliances and ample cabinetry, and a king-size bedroom with custom storage and room for a home office. The bathroom features limestone tile and a tub. Views include Battery Park.
Rector Park is across the street, with the Hudson River esplanade nearby. The Financial District and Brookfield Place are minutes away, along with access to half a dozen subway lines.
Building amenities include a 24-hour doorman, live-in superintendent, fitness center overlooking a private courtyard garden, furnished roof deck, laundry room on every floor, bike and common storage, and a playroom.
Rector Park is across the street, with the Hudson River esplanade nearby. The Financial District and Brookfield Place are minutes away, along with access to half a dozen subway lines.
Building amenities include a 24-hour doorman, live-in superintendent, fitness center overlooking a private courtyard garden, furnished roof deck, laundry room on every floor, bike and common storage, and a playroom.
Key Highlights
- 625‑square‑foot one‑bedroom apartment
- Separate living and dining area with hardwood floors
- Kitchen features granite countertops, stainless steel appliances and abundant cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,555
Cap Rate
3.10%
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 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $108,900 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
23,291
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence combines a separate living and dining area with a renovated-feel kitchen and extensive 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 $630,000.
What are key features of this property?
This property features: 625‑square‑foot one‑bedroom apartment; Separate living and dining area with hardwood floors; Kitchen features granite countertops, stainless steel appliances and abundant cabinetry
