Residential Income Property with Roof
333 E 34th Street 9J, New York City, NY 10016
For Sale
$725,000
Pending
Ninth-floor residence with a renovated bath, tailored storage, and full-service condominium amenities.
Property Size689 SF
Days on Market151
Property Features for 333 E 34th Street 9J
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
doorman
concierge
laundry on every other floor
roof deck
garage
bike room
private storage lockers
stainless steel kitchen
granite counter tops
dishwasher
renovated bath
custom California closet
blackout window treatments
Building Details
Building Size
Year Built
Listing Agency:
Living New York
Listed By:
Kevin M Seaman
(212) 760-2690
Source:
Nobleblackandpartners
Added: Jun 12
Changed: Nov 6
Last Checked: Nov 8 at 1:17PM
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 Living New York
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Investment Insights
Based on property information with market context.
This 689-square-foot, one-bedroom residence occupies the ninth floor of a 1950-built condominium at 333 E 34th Street in New York City. The layout includes an entry foyer, double-width entry closet, south-facing living room with wall-to-wall windows, dining area, and additional hall storage. The kitchen is fitted with stainless steel appliances, granite countertops, a pantry, and dishwasher. The bedroom includes a custom California closet, while the renovated bath features glass shower doors. Blackout treatments and blinds are installed throughout.
Building services and amenities include a full-time doorman, concierge, laundry on every other floor, a planted roof deck with city and river views, garage, bike room, and private basement storage lockers. The property is identified as a residential income property and is located in the 10016 ZIP code.
Building services and amenities include a full-time doorman, concierge, laundry on every other floor, a planted roof deck with city and river views, garage, bike room, and private basement storage lockers. The property is identified as a residential income property and is located in the 10016 ZIP code.
Key Highlights
- 689 SF one‑bedroom residence on the 9th floor
- South‑facing living room with wall‑to‑wall windows
- Stainless steel kitchen with granite counters, pantry, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,557
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,140
$431.1K
Cap Rate 7%
$307,957
$308.0K
Cap Rate 9%
$239,522
$239.5K
Market Conditions
NOI Build-Up for 689 SF
Gross rent
$41.3K $59.88/SF
− Vacancy
−$2.1K −$2.99/SF
EGI
$39.2K $56.89/SF
− OpEx
−$17.6K −$25.60/SF
NOI
$21.6K $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%
$431,140
Cap Rate 7%
$307,957
Cap Rate 9%
$239,522
Alternative Uses
Best Use
Apartment 5plus
$308.0K
$269.5K – $359.3K
NOI $21,557 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.7K
$421.5K – $562.0K
NOI $33,719 @ 7.0% cap · market cap 4.65%
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
32,374
Businesses Nearby
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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 New York City, NY
Properties on Market for Residential income properties in New York City
Frequently Asked Questions
What type of property is this?
Residential income property - Ninth-floor residence with a renovated bath, tailored storage, and full-service condominium amenities.
Where is this residential income property located?
The property is located at 333 E 34th Street 9J New York City, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 689 SF one‑bedroom residence on the 9th floor; South‑facing living room with wall‑to‑wall windows; Stainless steel kitchen with granite counters, pantry, and dishwasher
