Residential Income Property with
310 W 120TH Street 5C, Manhattan, NY 10026
For Sale
$975,000
Pending
Two-bedroom residence with renovated kitchen, private outdoor space, extensive storage, and full-service condominium amenities.
Property Size1,010 SF
Days on Market54
Property Features for 310 W 120TH Street 5C
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
doorman
live-in super
package room
bike room
storage lockers/cages
gym
playroom
shared courtyard
private balcony
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Ashley Jeudy
(212) 381-2241
Source:
Carlinwright
Added: Sep 17
Changed: Nov 4
Last Checked: Nov 8 at 11:35AM
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 1,010-square-foot condominium residence includes two bedrooms, two bathrooms, a south-facing living and dining area, and a private balcony overlooking the courtyard. The home features recessed lighting, three storage closets in the entry hall, and a renovated galley kitchen with black marble countertops, tile backsplash, stainless steel appliances, and a Bosch dishwasher. The primary suite has two closets and an en-suite bathroom with a double vanity and rainfall shower, while the second bedroom includes a large closet and access to a second bathroom with a soaking tub.
Built in 2006, the full-service, accessible building provides a full-time doorman, live-in superintendent, secure package room, elevator, on-site parking garage, bike room, private storage lockers or cages, resident gym, playroom, and shared courtyard. The property is located in South Harlem at 310 W 120TH Street, New York City, NY 10026.
Built in 2006, the full-service, accessible building provides a full-time doorman, live-in superintendent, secure package room, elevator, on-site parking garage, bike room, private storage lockers or cages, resident gym, playroom, and shared courtyard. The property is located in South Harlem at 310 W 120TH Street, New York City, NY 10026.
Key Highlights
- 1,010‑square‑foot condominium residence
- Two bedrooms and two bathrooms
- Private balcony with courtyard outlook
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,600
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,000
$632.0K
Cap Rate 7%
$451,429
$451.4K
Cap Rate 9%
$351,111
$351.1K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$60.5K $59.88/SF
− Vacancy
−$3.0K −$2.99/SF
EGI
$57.5K $56.89/SF
− OpEx
−$25.9K −$25.60/SF
NOI
$31.6K $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%
$632,000
Cap Rate 7%
$451,429
Cap Rate 9%
$351,111
Alternative Uses
Best Use
Apartment 5plus
$451.4K
$395.0K – $526.7K
NOI $31,600 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.1K
$617.9K – $823.8K
NOI $49,428 @ 7.0% cap · market cap 5.07%
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
5,598
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 - Two-bedroom residence with renovated kitchen, private outdoor space, extensive storage, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 310 W 120TH Street 5C Manhattan, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1,010‑square‑foot condominium residence; Two bedrooms and two bathrooms; Private balcony with courtyard outlook
