Apartment Building with Rear
326 E 93rd Street, New York, NY 10128
For Sale
$4,950,000
A five-story residential property combines 10 apartments with a separate office suite and outdoor space.
Property Size8,448 SF
Price / SF$585.94
Days on Market20
Property Features for 326 E 93rd Street
General Information
Standard status
Size
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Cap Rate
Taxes and HOA fees
Annual Taxes
Amenities
private landscaped rear yard
Full,Storage Space,Walk-Out Access
Hardwood
Yes
Full, Storage Space, Walk-Out Access
Back Yard
Public
No
On Street
8448
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
(516) 703-2918
Listed By:
Barbara Murray
Source:
Hedgestonehomes
Added: Oct 21
Changed: Nov 9
Last Checked: Nov 9 at 8:47AM
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 Barbara Murray
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Investment Insights
Based on property information with market context.
At 326 E 93rd Street, this five-story apartment property contains 8,448 square feet and was built in 1910. The residential units comprise two one-bedroom apartments and eight two-bedroom apartments. A separate two-room office suite has a half bath and opens directly onto the rear garden. The building also includes storage space and walk-out access. Its residential mix includes seven free-market apartments, two rent-stabilized apartments and one rent-controlled apartment. The property has a 5.50% capitalization rate.
The landscaped garden features mature greenery, flowering plants and established beds, with room for seating and outdoor use. The property is in Yorkville, on Manhattan’s Upper East Side, near restaurants, shopping, parks, medical institutions, the Second Avenue subway and the FDR Drive.
The landscaped garden features mature greenery, flowering plants and established beds, with room for seating and outdoor use. The property is in Yorkville, on Manhattan’s Upper East Side, near restaurants, shopping, parks, medical institutions, the Second Avenue subway and the FDR Drive.
Key Highlights
- 10 residential apartments: two one‑bedroom units and eight two‑bedroom units
- Separate two‑room office suite with a half bath and direct garden access
- Residential mix of seven free‑market, two rent‑stabilized and one rent‑controlled apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$263,759
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,275,180
$5.3M
Cap Rate 7%
$3,767,986
$3.8M
Cap Rate 9%
$2,930,656
$2.9M
Market Conditions
NOI Build-Up for 8,448 SF
Gross rent
$505.9K $59.88/SF
− Vacancy
−$26.3K −$3.11/SF
EGI
$479.6K $56.77/SF
− OpEx
−$215.8K −$25.54/SF
NOI
$263.8K $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%
$5,275,180
Cap Rate 7%
$3,767,986
Cap Rate 9%
$2,930,656
Alternative Uses
Best Use
Apartment 5plus
$3.77M
$3.30M – $4.40M
NOI $263,759 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.01M
$5.26M – $7.01M
NOI $420,461 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,026
Businesses Nearby
Explore this area
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
Properties on Market for Apartment buildings in New York
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - A five-story residential property combines 10 apartments with a separate office suite and outdoor space.
Where is this apartment building located?
The property is located at 326 E 93rd Street New York, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 10 residential apartments: two one‑bedroom units and eight two‑bedroom units; Separate two‑room office suite with a half bath and direct garden access; Residential mix of seven free‑market, two rent‑stabilized and one rent‑controlled apartment
