Flexible Residential Income
330 3RD Avenue 3BC, Manhattan, NY 10010
For Sale
$1,650,000
Spacious three-bedroom residence with three full bathrooms, bright exposures, and an adaptable floor plan.
Property Size1,800 SF
Price / SF$916.67
Days on Market67
Property Features for 330 3RD Avenue 3BC
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
24-hour doorman
live-in superintendent
laundry room
garage
bike storage
storage units
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Bryan Tomczuk
(212) 381-6526
Source:
Howardhannanyc
Added: Sep 4
Changed: Nov 8
Last Checked: Nov 8 at 1:50PM
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
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Investment Insights
Based on property information with market context.
Located at 330 3rd Avenue in New York City, this approximately 1,800-square-foot residence combines three bedrooms, three full bathrooms, and a layout that can be adapted to create a fourth bedroom. The home resulted from combining two residences and includes a 28-foot-long corner living room, an open kitchen, a den or dining area, and a primary bedroom with an en-suite bath. West, North, and East exposures provide natural light and cross-ventilation. Fresh plaster and paint support immediate occupancy, while an alternate floor plan explores relocating the kitchen and potentially adding a fourth bathroom, subject to board approval.
Building amenities include a 24-hour doorman, live-in superintendent, laundry room, garage, bike storage, and storage units available for an additional fee. Renovated hallways and a renovated lobby complement the building services. Co-purchasing, pied-à-terre use, and pets are permitted, including up to two dogs weighing up to 40 pounds each. Subletting is allowed after two years for up to four years total. The property is near supermarkets and daily conveniences, including Morton Williams, D'Agostino, Trader Joe's, and Lidl.
Building amenities include a 24-hour doorman, live-in superintendent, laundry room, garage, bike storage, and storage units available for an additional fee. Renovated hallways and a renovated lobby complement the building services. Co-purchasing, pied-à-terre use, and pets are permitted, including up to two dogs weighing up to 40 pounds each. Subletting is allowed after two years for up to four years total. The property is near supermarkets and daily conveniences, including Morton Williams, D'Agostino, Trader Joe's, and Lidl.
Key Highlights
- Approximately 1,800‑square‑foot residence formed by combining two residences
- Three bedrooms and three full bathrooms, with an alternate plan for a fourth bedroom
- 28‑foot‑long corner living room with West, North, and East exposures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,317
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,340
$1.1M
Cap Rate 7%
$804,529
$804.5K
Cap Rate 9%
$625,744
$625.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$107.8K $59.88/SF
− Vacancy
−$5.4K −$2.99/SF
EGI
$102.4K $56.89/SF
− OpEx
−$46.1K −$25.60/SF
NOI
$56.3K $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%
$1,126,340
Cap Rate 7%
$804,529
Cap Rate 9%
$625,744
Alternative Uses
Best Use
Apartment 5plus
$804.5K
$704.0K – $938.6K
NOI $56,317 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,089 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
49,216
Businesses Nearby
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Business Placement
Demographics for 10010, NY
33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Manhattan, NY
Properties on Market for Residential income properties in Manhattan
Frequently Asked Questions
What type of property is this?
Residential income property - Spacious three-bedroom residence with three full bathrooms, bright exposures, and an adaptable floor plan.
Where is this residential income property located?
The property is located at 330 3RD Avenue 3BC Manhattan, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 1,800‑square‑foot residence formed by combining two residences; Three bedrooms and three full bathrooms, with an alternate plan for a fourth bedroom; 28‑foot‑long corner living room with West, North, and East exposures
