Apartment Building in New
For Sale
$2,200,000
320 E 72ND St 15B, New York, NY 10021
Apartment building for sale in New York, NY.
Property Size2,650 SF
Days on Market318
Property Features for 320 E 72ND St 15B
General Information
Standard status
Active
Size
2,650 SF
Property subtype
Residential
Building Details
Building Size
2,650 SF
Year Built
1930
Units
42
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Abigail S Lash
(212) 906-9281
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 4
Last Checked: Oct 9 at 11:43PM
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
Investment Insights
Based on property information with market context.
An apartment building is available for purchase in New York, NY. The list price is $2,750,000.
Key Highlights
- Year Built: 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,911
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,220
$1.7M
Cap Rate 7%
$1,184,443
$1.2M
Cap Rate 9%
$921,233
$921.2K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$158.7K $59.88/SF
− Vacancy
−$7.9K −$2.99/SF
EGI
$150.7K $56.89/SF
− OpEx
−$67.8K −$25.60/SF
NOI
$82.9K $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%
$1,658,220
Cap Rate 7%
$1,184,443
Cap Rate 9%
$921,233
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.04M – $1.38M
NOI $82,911 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.60M
$5.77M – $7.70M
NOI $461,736 @ 7.0% cap · market cap 20.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
25,716
Businesses Nearby
Explore this area
Business Placement
Demographics for 10021, NY
45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in New York, NY.
Where is this apartment building located?
The property is located at 320 E 72ND St 15B New York, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Year Built: 1930
