Prewar One-Bedroom
301 W 108TH Street 7C, Manhattan, NY 10025
For Sale
$575,000
A windowed eat-in kitchen and distinct living and dining areas complement the apartment’s prewar details.
Property Size750 SF
Price / SF$766.67
Days on Market33
Property Features for 301 W 108TH Street 7C
General Information
Standard status
Size
Elevators
Property subtype
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
full time live in superintendent
laundry room
package room
overnight security guard
video/voice intercom
bike storage
fitness center
pet-friendly
washer/dryer allowed
Building Details
Building Size
Year Built
Listing Agency:
Christies International Real Estate New York
Listed By:
Steven O Goldschmidt
(917) 743-2618
Source:
Serhant
Added: Oct 8
Changed: Nov 9
Last Checked: Nov 8 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 Christies International Real Estate New York
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath residence offers approximately 750 square feet, 11-foot ceilings, hardwood floors and three closets. A foyer leads to a living room with space for living and dining, while the bedroom accommodates a king-size bed and additional furnishings. The separate eat-in kitchen and bathroom both have windows; the kitchen includes a gas range and full-size refrigerator. Arched openings, substantial moldings and vintage bathroom tilework contribute to the home’s prewar character. The apartment has been recently painted throughout.
The Manhasset provides elevator service, a live-in superintendent, a renovated laundry room, package room, overnight security, video and voice intercom, bike storage and a fitness center. Washers and dryers are permitted with board approval. Riverside Park, the Hudson River, Columbia University and the Cathedral of St. John the Divine are nearby, and the 1 train at Cathedral Parkway–110th Street is less than 500 feet from the building.
The Manhasset provides elevator service, a live-in superintendent, a renovated laundry room, package room, overnight security, video and voice intercom, bike storage and a fitness center. Washers and dryers are permitted with board approval. Riverside Park, the Hudson River, Columbia University and the Cathedral of St. John the Divine are nearby, and the 1 train at Cathedral Parkway–110th Street is less than 500 feet from the building.
Key Highlights
- Approximately 750 square feet with 11‑foot ceilings
- One bedroom, one bath and three closets
- Separate windowed eat‑in kitchen with gas range and full‑size refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,688
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,760
$493.8K
Cap Rate 7%
$352,686
$352.7K
Cap Rate 9%
$274,311
$274.3K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$47.3K $63.00/SF
− Vacancy
−$2.4K −$3.15/SF
EGI
$44.9K $59.85/SF
− OpEx
−$20.2K −$26.93/SF
NOI
$24.7K $32.92/SF
Area
ZIP 10025
Vacancy
5.00%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,760
Cap Rate 7%
$352,686
Cap Rate 9%
$274,311
Alternative Uses
Best Use
Apartment 5plus
$352.7K
$308.6K – $411.5K
NOI $24,688 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$533.3K
$466.6K – $622.1K
NOI $37,328 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,880
Businesses Nearby
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Business Placement
Demographics for 10025, NY
95,424
Population
47,649
Households
2
Avg Household Size
41
Median Age
69%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
106,027
Density / Sq Mi
$109,195
Median Household Income
$64,827
Median Earnings
$2,009
Median Rent
$1,125,200
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Residential income property - A windowed eat-in kitchen and distinct living and dining areas complement the apartment’s prewar details.
Where is this residential income property located?
The property is located at 301 W 108TH Street 7C Manhattan, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 750 square feet with 11‑foot ceilings; One bedroom, one bath and three closets; Separate windowed eat‑in kitchen with gas range and full‑size refrigerator
