Two-Bedroom Residential
310 W 99th Street 403, Manhattan, NY 10025
For Sale
New
$1,325,000
Renovated kitchen, restored millwork, and in-unit laundry serve a Manhattan residence in a cooperative building.
Property Size1,300 SF
Price / SF$1,019
Days on Market4
Property Features for 310 W 99th Street 403
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
central laundry room
bike storage
private storage
in-unit washer/dryer
Building Details
Building Size
Year Built
Stories
Listing Agency:
Compass
Listed By:
Lauren Pepin
(301) 655-2492
Source:
Miradorrealestate
Added: Nov 12
Changed: Nov 14
Last Checked: Nov 14 at 2:21PM
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 Compass
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Investment Insights
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This 1,300-square-foot residence has two bedrooms, a living room connected to a separate dining room, and restored original millwork. Ten-foot ceilings and oversized windows bring light into the apartment. The renovated kitchen features Taj Mahal natural stone counters, custom alder cabinetry, a double convection oven, and a built-in wine refrigerator. The home also includes an in-unit washer and dryer, two walk-in closets in the primary bedroom, and two closets in the second bedroom. Space beyond the living room could accommodate a third bedroom, library, or office; a second bathroom could be added off the primary bedroom, subject to appropriate approvals.
The apartment is in an eight-story, 66-unit cooperative building at 310 West 99th Street. Building amenities and services include a live-in superintendent, central laundry, bike storage, and private storage available for rent. Pets are permitted. Riverside Park is nearby, as are neighborhood restaurants, cafes, shops, and express trains at West 96th Street. Purchase is for primary residence only; subletting requires board approval.
The apartment is in an eight-story, 66-unit cooperative building at 310 West 99th Street. Building amenities and services include a live-in superintendent, central laundry, bike storage, and private storage available for rent. Pets are permitted. Riverside Park is nearby, as are neighborhood restaurants, cafes, shops, and express trains at West 96th Street. Purchase is for primary residence only; subletting requires board approval.
Key Highlights
- 1,300‑square‑foot residence with two bedrooms
- Restored original millwork and 10‑foot ceilings
- Renovated kitchen with Taj Mahal natural stone counters and custom alder cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,793
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,860
$855.9K
Cap Rate 7%
$611,329
$611.3K
Cap Rate 9%
$475,478
$475.5K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$81.9K $63.00/SF
− Vacancy
−$4.1K −$3.15/SF
EGI
$77.8K $59.85/SF
− OpEx
−$35.0K −$26.93/SF
NOI
$42.8K $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%
$855,860
Cap Rate 7%
$611,329
Cap Rate 9%
$475,478
Alternative Uses
Best Use
Apartment 5plus
$611.3K
$534.9K – $713.2K
NOI $42,793 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$924.3K
$808.8K – $1.08M
NOI $64,702 @ 7.0% cap · market cap 4.88%
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
7,426
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 - Renovated kitchen, restored millwork, and in-unit laundry serve a Manhattan residence in a cooperative building.
Where is this residential income property located?
The property is located at 310 W 99th Street 403 Manhattan, NY.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 1,300‑square‑foot residence with two bedrooms; Restored original millwork and 10‑foot ceilings; Renovated kitchen with Taj Mahal natural stone counters and custom alder cabinetry
