Studio Cooperative
306 W 13th Street 1A, Manhattan, NY 10014
For Sale
$449,500
Pending
Livable studio in a 1926 walk-up, offered in its current condition for renovation.
Property Size425 SF
Days on Market63
Property Features for 306 W 13th Street 1A
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Building Details
Building Size
Year Built
Listing Agency:
Pleasant Realty Inc
Listed By:
Christine M Eisenberg
(888) 552-0864
Source:
Dallien
Added: Sep 8
Changed: Nov 6
Last Checked: Nov 9 at 1:29PM
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 Pleasant Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 425-square-foot studio co-op is in a walk-up building constructed in 1926. The apartment is livable and is being offered as-is, with renovation left to the next owner.
The property is in Manhattan’s West Village, near the Meatpacking District, the High Line, and the A, C, E, and L subway lines.
The property is in Manhattan’s West Village, near the Meatpacking District, the High Line, and the A, C, E, and L subway lines.
Key Highlights
- 425‑square‑foot studio co‑op
- Located in a 1926 walk‑up building
- Apartment is livable and offered as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,297
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,940
$265.9K
Cap Rate 7%
$189,957
$190.0K
Cap Rate 9%
$147,744
$147.7K
Market Conditions
NOI Build-Up for 425 SF
Gross rent
$25.4K $59.88/SF
− Vacancy
−$1.3K −$2.99/SF
EGI
$24.2K $56.89/SF
− OpEx
−$10.9K −$25.60/SF
NOI
$13.3K $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%
$265,940
Cap Rate 7%
$189,957
Cap Rate 9%
$147,744
Alternative Uses
Best Use
Apartment 5plus
$190.0K
$166.2K – $221.6K
NOI $13,297 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$297.1K
$260.0K – $346.7K
NOI $20,799 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
26,946
Businesses Nearby
Explore this area
Business Placement
Demographics for 10014, NY
32,590
Population
21,835
Households
1.5
Avg Household Size
37
Median Age
85%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
65,180
Density / Sq Mi
$167,254
Median Household Income
$115,048
Median Earnings
$2,998
Median Rent
$1,294,200
Median Home Value
Market
Average Price Trend$/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 - Livable studio in a 1926 walk-up, offered in its current condition for renovation.
Where is this residential income property located?
The property is located at 306 W 13th Street 1A Manhattan, NY.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: 425‑square‑foot studio co‑op; Located in a 1926 walk‑up building; Apartment is livable and offered as‑is
