Renovated Residential Income
For Sale
$1,995,000
333 E 34TH Street 4DE, Manhattan, NY 10016
Combined four-bedroom residence with a renovated kitchen, in-unit laundry, and full-service building amenities.
Property Size2,080 SF
Price / SF$959.13
Days on Market94
Property Features for 333 E 34TH Street 4DE
General Information
Standard status
Active
Size
2,080 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 4BR/3BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$25,740
Amenities
24-hour doorman
live-in super
furnished roof deck
laundry facilities on every floor
bike storage
parking garage
in-unit washer/dryer
AC units
recently renovated lobby
Building Details
Building Size
2,080 SF
Year Built
1961
Listing Agency:
Serhant
Listed By:
Alix Walker
(973) 518-4676
Source:
Serhant
Added: Jul 30
Changed: Oct 31
Last Checked: Oct 30 at 11:12PM
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 Serhant
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Investment Insights
Based on property information with market context.
Residence 4DE is a 2,080-square-foot, four-bedroom, three-bathroom home formed by joining two adjoining apartments. The renovated interior includes an open kitchen with stainless-steel appliances, quartz counters, a breakfast bar, granite island, wet bar, and built-in wine cooler. A separate dining room and oversized living room support both daily use and entertaining. Additional features include a primary suite with double vanity and glass-enclosed shower, hardwood floors, recessed lighting, pocket doors, extensive closet storage, double-pane windows, and a full-sized washer and dryer. Through-wall AC units serve every room, with steam and electric heat also provided.
The Devon Condominium is a full-service elevator building completed in 1961, with a 24-hour doorman, live-in superintendent, renovated lobby, furnished roof deck, floor-by-floor laundry facilities, and bike storage. The property is at 333 E 34th Street in New York City’s Murray Hill, near the East River Ferry, 6 train, East River Park, Trader Joe’s, Fairway, dining, nightlife, and the Midtown Tunnel.
The Devon Condominium is a full-service elevator building completed in 1961, with a 24-hour doorman, live-in superintendent, renovated lobby, furnished roof deck, floor-by-floor laundry facilities, and bike storage. The property is at 333 E 34th Street in New York City’s Murray Hill, near the East River Ferry, 6 train, East River Park, Trader Joe’s, Fairway, dining, nightlife, and the Midtown Tunnel.
Key Highlights
- 2,080 SF residence with 4 bedrooms and 3 bathrooms
- Two adjoining apartments combined into one expansive home
- Renovated open kitchen with stainless‑steel appliances and quartz counters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,078
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,301,560
$1.3M
Cap Rate 7%
$929,686
$929.7K
Cap Rate 9%
$723,089
$723.1K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$124.6K $59.88/SF
− Vacancy
−$6.2K −$2.99/SF
EGI
$118.3K $56.89/SF
− OpEx
−$53.2K −$25.60/SF
NOI
$65.1K $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%
$1,301,560
Cap Rate 7%
$929,686
Cap Rate 9%
$723,089
Alternative Uses
Best Use
Apartment 5plus
$929.7K
$813.5K – $1.08M
NOI $65,078 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.18M
$4.53M – $6.04M
NOI $362,419 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
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
Frequently Asked Questions
What type of property is this?
Residential income property - Combined four-bedroom residence with a renovated kitchen, in-unit laundry, and full-service building amenities.
Where is this residential income property located?
The property is located at 333 E 34TH Street 4DE Manhattan, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 2,080 SF residence with 4 bedrooms and 3 bathrooms; Two adjoining apartments combined into one expansive home; Renovated open kitchen with stainless‑steel appliances and quartz counters
