Residential Income Property with
For Sale
$950,000
303 E 43RD Street 25C, New York City, NY 10017
Oversized condominium residence with flexible layout, elevated ceilings, and expansive city and river outlooks.
Property Size945 SF
Price / SF$1,005
Days on Market56
Property Features for 303 E 43RD Street 25C
General Information
Standard status
Active
Size
945 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$16,152
Amenities
private courtyard
Building Details
Building Size
945 SF
Year Built
1983
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Olga Zoria
(212) 381-2665
Source:
Bondnyre
Added: Aug 14
Changed: Oct 3
Last Checked: Oct 7 at 6:27PM
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 25C is a 945-square-foot, one-bedroom, 1.5-bath condominium completed in 1983. The home features three exposures, 9-foot ceilings, an open floor plan, wood flooring, crown molding, a windowed kitchen, and marble bathrooms. Its proportions allow for conversion to a two-bedroom layout, subject to applicable approvals.
Views extend toward the East River, the United Nations, the Pepsi sign, and the Chrysler Building from the living room and bedroom. The building includes a private courtyard and building services, with the property located at 303 E 43RD Street in New York City’s 10017 ZIP code.
Views extend toward the East River, the United Nations, the Pepsi sign, and the Chrysler Building from the living room and bedroom. The building includes a private courtyard and building services, with the property located at 303 E 43RD Street in New York City’s 10017 ZIP code.
Key Highlights
- 945 SF one‑bedroom, 1.5‑bath condominium
- Three exposures and 9‑foot ceilings
- Potential conversion to a two‑bedroom layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,566
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,320
$591.3K
Cap Rate 7%
$422,371
$422.4K
Cap Rate 9%
$328,511
$328.5K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$56.6K $59.88/SF
− Vacancy
−$2.8K −$2.99/SF
EGI
$53.8K $56.89/SF
− OpEx
−$24.2K −$25.60/SF
NOI
$29.6K $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%
$591,320
Cap Rate 7%
$422,371
Cap Rate 9%
$328,511
Alternative Uses
Best Use
Apartment 5plus
$422.4K
$369.6K – $492.8K
NOI $29,566 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.35M
$2.06M – $2.74M
NOI $164,657 @ 7.0% cap · market cap 17.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
48,551
Businesses Nearby
Explore this area
Business Placement
Demographics for 10017, NY
17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Oversized condominium residence with flexible layout, elevated ceilings, and expansive city and river outlooks.
Where is this residential income property located?
The property is located at 303 E 43RD Street 25C New York City, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 945 SF one‑bedroom, 1.5‑bath condominium; Three exposures and 9‑foot ceilings; Potential conversion to a two‑bedroom layout
