Residential Income Property with Roof
301 W 115th Street 8-H, Manhattan, NY 10026
For Sale
$850,000
Pending
The one-bedroom condominium includes full-service amenities, an on-site garage, and access to public transportation.
Property Size826 SF
Days on Market160
Property Features for 301 W 115th Street 8-H
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
gym with yoga studio
children's playroom
media room
conference center
catering kitchen
roof deck
barbecue
parking garage
bicycle rooms
Building Details
Building Size
Year Built
Listing Agency:
Trump International Realty New York
Listed By:
Nitza Shafrir
(212) 247-7100
Source:
Irynaferenets
Added: Jun 3
Changed: Nov 8
Last Checked: Nov 8 at 3:50PM
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 Trump International Realty New York
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Investment Insights
Based on property information with market context.
This 826-square-foot, one-bedroom condominium at The Livmor features an open living and dining area connected to a kitchen with stone countertops, custom wood cabinetry, and appliances. The bedroom has access to a bathroom with double sinks, a separate tub, and a shower. Bamboo flooring and an in-unit washer and dryer are also included. The building was completed in 2009 and has a 25-year tax abatement through 2034.
Residents have access to a gym with a yoga studio, children’s playroom, media room, conference center, and catering kitchen. The third-floor planted roof deck offers nearly 3000 square feet of outdoor gathering space, with two gas-line barbecues and a granite table. Building facilities also include an on-site parking garage and two bicycle rooms. Public transportation includes the B and C lines, and Central Park is nearby.
Residents have access to a gym with a yoga studio, children’s playroom, media room, conference center, and catering kitchen. The third-floor planted roof deck offers nearly 3000 square feet of outdoor gathering space, with two gas-line barbecues and a granite table. Building facilities also include an on-site parking garage and two bicycle rooms. Public transportation includes the B and C lines, and Central Park is nearby.
Key Highlights
- 826‑square‑foot, one‑bedroom condominium at The Livmor
- 25‑year tax abatement through 2034
- Third‑floor planted roof deck with nearly 3000 square feet of space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,843
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,860
$516.9K
Cap Rate 7%
$369,186
$369.2K
Cap Rate 9%
$287,144
$287.1K
Market Conditions
NOI Build-Up for 826 SF
Gross rent
$49.5K $59.88/SF
− Vacancy
−$2.5K −$2.99/SF
EGI
$47.0K $56.89/SF
− OpEx
−$21.1K −$25.60/SF
NOI
$25.8K $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%
$516,860
Cap Rate 7%
$369,186
Cap Rate 9%
$287,144
Alternative Uses
Best Use
Apartment 5plus
$369.2K
$323.0K – $430.7K
NOI $25,843 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.5K
$505.3K – $673.7K
NOI $40,423 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
6,138
Businesses Nearby
Explore this area
Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom condominium includes full-service amenities, an on-site garage, and access to public transportation.
Where is this residential income property located?
The property is located at 301 W 115th Street 8-H Manhattan, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 826‑square‑foot, one‑bedroom condominium at The Livmor; 25‑year tax abatement through 2034; Third‑floor planted roof deck with nearly 3000 square feet of space
