South-Facing Residential Income
333 E 34th Street 3H, Manhattan, NY 10016
For Sale
$699,000
One-bedroom condominium residence with soundproof windows, abundant storage, and full-service building amenities.
Property Size715 SF
Price / SF$977.62
Days on Market59
Property Features for 333 E 34th Street 3H
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
HOA Fee
Taxes and HOA fees
Annual Taxes
Amenities
24-hour doorman
live-in resident manager
multiple laundry rooms
bike storage
on-site garage parking
landscaped roof deck
pet friendly
Citiquiet sound proof windows
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Jason Lee
(917) 238-4506
Source:
Miradorrealestate
Added: Sep 10
Changed: Nov 7
Last Checked: Nov 6 at 3:36PM
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 Compass
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Investment Insights
Based on property information with market context.
This 715-square-foot one-bedroom condominium residence has a south-facing exposure and a well-proportioned living and dining area. The kitchen includes granite countertops and backsplash, stainless steel appliances, a dishwasher, a microwave, and extensive cabinetry. Citiquiet soundproof windows are installed throughout, while the king-size bedroom and multiple large closets add practical comfort and storage. The property was built in 1961.
The Devon Condominium provides full-service residential operations with a 24-hour doorman, live-in resident manager, multiple laundry rooms, bike storage, on-site garage parking, and a landscaped roof deck offering 360-degree views of Manhattan and the East River. The address is near Grand Central Terminal, the United Nations, NYU Medical Center, the East River Ferry, the 6 train, and the Midtown Tunnel. The building is pet friendly and situated near restaurants, cafes, nightlife, Trader Joe's, and Fairway.
The Devon Condominium provides full-service residential operations with a 24-hour doorman, live-in resident manager, multiple laundry rooms, bike storage, on-site garage parking, and a landscaped roof deck offering 360-degree views of Manhattan and the East River. The address is near Grand Central Terminal, the United Nations, NYU Medical Center, the East River Ferry, the 6 train, and the Midtown Tunnel. The building is pet friendly and situated near restaurants, cafes, nightlife, Trader Joe's, and Fairway.
Key Highlights
- 715‑square‑foot one‑bedroom condominium residence
- South‑facing exposure with natural light throughout the day
- Granite kitchen with stainless steel appliances, dishwasher, microwave, and abundant cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,370
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,400
$447.4K
Cap Rate 7%
$319,571
$319.6K
Cap Rate 9%
$248,556
$248.6K
Market Conditions
NOI Build-Up for 715 SF
Gross rent
$42.8K $59.88/SF
− Vacancy
−$2.1K −$2.99/SF
EGI
$40.7K $56.89/SF
− OpEx
−$18.3K −$25.60/SF
NOI
$22.4K $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%
$447,400
Cap Rate 7%
$319,571
Cap Rate 9%
$248,556
Alternative Uses
Best Use
Apartment 5plus
$319.6K
$279.6K – $372.8K
NOI $22,370 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.08M
NOI $124,582 @ 7.0% cap · market cap 17.82%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
32,374
Businesses Nearby
Explore this area
Business Placement
Demographics for 10016, NY
62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
Median Home Value
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Market
Average Price Trend$/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 - One-bedroom condominium residence with soundproof windows, abundant storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 333 E 34th Street 3H Manhattan, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 715‑square‑foot one‑bedroom condominium residence; South‑facing exposure with natural light throughout the day; Granite kitchen with stainless steel appliances, dishwasher, microwave, and abundant cabinetry
