Five-Story 20-Unit Apartment
For Sale
$7,395,000
319 E 90TH Street 1, Manhattan, NY 10128
Individual laundry and select private outdoor areas distinguish this multifamily property.
Property Size8,950 SF
Price / SF$826.26
Days on Market223
Property Features for 319 E 90TH Street 1
General Information
Standard status
Active
Size
8,950 SF
Property subtype
Duplex
Additional Details
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$164,292
Amenities
washer/dryer in unit
private outdoor space
Building Details
Building Size
8,950 SF
Year Built
1915
Buildings
1
Stories
5
Listing Agency:
Serhant
Listed By:
David Rosen
(917) 524-9680
Source:
Miradorrealestate
Added: Mar 27
Changed: Nov 1
Last Checked: Nov 3 at 1:01PM
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 Serhant
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Investment Insights
Based on property information with market context.
This 8950 SF apartment building rises five stories within a 25' wide structure and contains 20 units. Every apartment includes its own washer and dryer. Four residences add private exterior space: two feature roof decks, while two duplex units include backyards. Interior details include barn doors and finished improvements throughout the building.
The property is located at 319 E 90TH Street 1 in New York City, NY 10128. Its unit mix includes 18 free market apartments and two rent stabilized apartments. Constructed in 1915, the building offers an established multifamily configuration with a combination of standard apartments, duplex layouts, and select outdoor areas.
The property is located at 319 E 90TH Street 1 in New York City, NY 10128. Its unit mix includes 18 free market apartments and two rent stabilized apartments. Constructed in 1915, the building offers an established multifamily configuration with a combination of standard apartments, duplex layouts, and select outdoor areas.
Key Highlights
- 20‑unit, five‑story apartment building
- 8950 SF building on a 25' wide structure
- Washer and dryer provided in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$279,432
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,588,640
$5.6M
Cap Rate 7%
$3,991,886
$4.0M
Cap Rate 9%
$3,104,800
$3.1M
Market Conditions
NOI Build-Up for 8,950 SF
Gross rent
$535.9K $59.88/SF
− Vacancy
−$27.9K −$3.11/SF
EGI
$508.1K $56.77/SF
− OpEx
−$228.6K −$25.54/SF
NOI
$279.4K $31.22/SF
Area
ZIP 10128
Vacancy
5.20%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,588,640
Cap Rate 7%
$3,991,886
Cap Rate 9%
$3,104,800
Alternative Uses
Best Use
Apartment 5plus
$3.99M
$3.49M – $4.66M
NOI $279,432 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.36M
$5.57M – $7.42M
NOI $445,445 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
4,153
Businesses Nearby
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Business Placement
Demographics for 10128, NY
64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Individual laundry and select private outdoor areas distinguish this multifamily property.
Where is this apartment building located?
The property is located at 319 E 90TH Street 1 Manhattan, NY.
What is the asking price?
The asking price for this property is $7,395,000.
What are key features of this property?
This property features: 20‑unit, five‑story apartment building; 8950 SF building on a 25' wide structure; Washer and dryer provided in every unit
