Two-Bedroom Residential Income
For Sale
$750,000
317 W 95th Street 2C, New York City, NY 10025
Prewar elevator building offers hardwood oak floors, stainless steel appliances, in-unit laundry, and access to a furnished common roof deck.
Property Size696 SF
Price / SF$1,077
Days on Market41
Property Features for 317 W 95th Street 2C
General Information
Standard status
Active
Size
696 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$10,680
Building Details
Building Size
696 SF
Year Built
1908
Listing Agency:
Leven Real Estate
(917) 285-6835
Listed By:
Philip Hordijk
(917) 285-6835
Source:
Bondnyre
Added: Jul 1
Changed: Aug 8
Last Checked: Aug 10 at 9:37AM
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 Leven Real Estate
Investment Insights
Based on property information with market context.
This two-bedroom residence at Hudson Court Condominium features hardwood oak floors, a bright living room with space for dining, and a windowed kitchen with ample cabinet and counter space. Stainless steel appliances include a dishwasher. The bedrooms receive natural light and connect through a large, windowed Jack and Jill bathroom with a tub and substantial cabinet storage. A foyer closet and in-unit washer and dryer add practical convenience.
Originally built in 1908, Hudson Court is a 30-residence prewar elevator building with a classic brick and limestone facade. Building amenities include a part-time doorman, live-in superintendent, furnished common roof deck, and pet-friendly policies. The property is located a half block from Riverside Park and near neighborhood cafes, restaurants, Whole Foods, Trader Joe’s, and the 96th Street express subway station.
Originally built in 1908, Hudson Court is a 30-residence prewar elevator building with a classic brick and limestone facade. Building amenities include a part-time doorman, live-in superintendent, furnished common roof deck, and pet-friendly policies. The property is located a half block from Riverside Park and near neighborhood cafes, restaurants, Whole Foods, Trader Joe’s, and the 96th Street express subway station.
Key Highlights
- Two‑bedroom residence with hardwood oak floors and tree‑top views
- Windowed kitchen with stainless steel appliances, dishwasher, and ample cabinet and counter space
- Large, windowed Jack and Jill bathroom with tub and cabinet storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,911
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$458,220
$458.2K
Cap Rate 7%
$327,300
$327.3K
Cap Rate 9%
$254,567
$254.6K
Market Conditions
NOI Build-Up for 696 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$43.8K $63.00/SF
− Vacancy
−$2.2K −$3.15/SF
EGI
$41.7K $59.85/SF
− OpEx
−$18.7K −$26.93/SF
NOI
$22.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$458,220
Cap Rate 7%
$327,300
Cap Rate 9%
$254,567
Alternative Uses
Best Use
Apartment 5plus
$327.3K
$286.4K – $381.9K
NOI $22,911 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.75M
$2.41M – $3.21M
NOI $192,430 @ 7.0% cap · market cap 25.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,590
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Prewar elevator building offers hardwood oak floors, stainless steel appliances, in-unit laundry, and access to a furnished common roof deck.
Where is this residential income property located?
The property is located at 317 W 95th Street 2C New York City, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑bedroom residence with hardwood oak floors and tree‑top views; Windowed kitchen with stainless steel appliances, dishwasher, and ample cabinet and counter space; Large, windowed Jack and Jill bathroom with tub and cabinet storage
