10-Unit Apartment
For Sale
$4,950,000
326 E 93rd Street New York, Manhattan, NY 10128
A separate office suite opens directly onto a landscaped private rear garden.
Property Size8,448 SF
Price / SF$585.94
Days on Market10
Property Features for 326 E 93rd Street New York
General Information
Standard status
Active
Size
8,448 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR, 8 x 2BR
Multifamily Units
10
Additional Details
Cap Rate
5.5%
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$64,948
Amenities
private rear yard
Building Details
Building Size
8,448 SF
Year Built
1910
Buildings
1
Stories
5
Units
10
Listing Agency:
RE/MAX Town & Country
(845) 765-6128
Listed By:
Howard Payson · License #NY10491208345
(203) 240-7233
Source:
Croninreale
Added: Oct 15
Changed: Oct 23
Last Checked: Oct 23 at 9:54AM
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 RE/MAX Town & Country
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Investment Insights
Based on property information with market context.
This five-story Manhattan apartment property contains 10 residences across approximately 8,448 square feet, plus a two-room office suite with a half bath. The apartments comprise two one-bedroom homes and eight two-bedroom homes. Residential occupancy includes seven free-market units, two rent-stabilized units, and one rent-controlled unit. The office has direct access to a landscaped rear garden with established plantings and space for seating and outdoor use.
The building is in Yorkville on the Upper East Side, near restaurants, shops, parks, medical institutions, the Second Avenue subway, and the FDR Drive. Constructed in 1910, the property combines a defined residential unit mix with an additional office and private outdoor area.
The building is in Yorkville on the Upper East Side, near restaurants, shops, parks, medical institutions, the Second Avenue subway, and the FDR Drive. Constructed in 1910, the property combines a defined residential unit mix with an additional office and private outdoor area.
Key Highlights
- 10 residential units: two one‑bedroom apartments and eight two‑bedroom apartments
- Approximately 8,448 square feet in a five‑story building
- Unit mix includes 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.
How Realmo checks its estimates
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - A separate office suite opens directly onto a landscaped private rear garden.
Where is this apartment building located?
The property is located at 326 E 93rd Street New York Manhattan, 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 units: two one‑bedroom apartments and eight two‑bedroom apartments; Approximately 8,448 square feet in a five‑story building; Unit mix includes seven free‑market, two rent‑stabilized, and one rent‑controlled apartment
