Pre-War Residential Income
340 W 86TH Street 5A, Manhattan, NY 10024
For Sale
$1,300,000
Estate-condition condominium residence with generous proportions, classic architectural details, and a flexible three-bedroom layout.
Property Size1,571 SF
Price / SF$827.50
Days on Market96
Property Features for 340 W 86TH Street 5A
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
24-hour doorman
live-in resident manager
fitness center
laundry facilities
bicycle storage
roof deck
Building Details
Building Size
Year Built
Listing Agency:
Brown Harris Stevens Brooklyn LLC
Listed By:
Natalie Rabaa
(718) 613-2782
Source:
Carlinwright
Added: Aug 6
Changed: Nov 4
Last Checked: Nov 8 at 12:50PM
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 Brooklyn LLC
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Investment Insights
Based on property information with market context.
Unit 5A is a 1,571-square-foot condominium residence in The Netherlands, a pre-war building completed in 1925. The home is offered in estate condition and requires a full renovation. Its current configuration includes three bedrooms and one bathroom, with high ceilings, classic moldings, large windows, and solid pre-war construction providing the existing framework for a customized redesign.
The building is located on a tree-lined Upper West Side block near Riverside Park, shopping, dining, and major transportation hubs. The Netherlands is a full-service condominium with a 24-hour doorman, live-in resident manager, fitness center, laundry facilities, bicycle storage, and a landscaped roof deck with city views.
The building is located on a tree-lined Upper West Side block near Riverside Park, shopping, dining, and major transportation hubs. The Netherlands is a full-service condominium with a 24-hour doorman, live-in resident manager, fitness center, laundry facilities, bicycle storage, and a landscaped roof deck with city views.
Key Highlights
- 1,571 SF condominium residence in The Netherlands
- Three‑bedroom, one‑bathroom configuration with flexible floor plan
- Estate condition requiring a full renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,152
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,040
$983.0K
Cap Rate 7%
$702,171
$702.2K
Cap Rate 9%
$546,133
$546.1K
Market Conditions
NOI Build-Up for 1,571 SF
Gross rent
$94.1K $59.88/SF
− Vacancy
−$4.7K −$2.99/SF
EGI
$89.4K $56.89/SF
− OpEx
−$40.2K −$25.60/SF
NOI
$49.2K $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%
$983,040
Cap Rate 7%
$702,171
Cap Rate 9%
$546,133
Alternative Uses
Best Use
Apartment 5plus
$702.2K
$614.4K – $819.2K
NOI $49,152 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$961.0K – $1.28M
NOI $76,882 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
17,061
Businesses Nearby
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Business Placement
Demographics for 10024, NY
62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
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Market
Average Price Trend$/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 - Estate-condition condominium residence with generous proportions, classic architectural details, and a flexible three-bedroom layout.
Where is this residential income property located?
The property is located at 340 W 86TH Street 5A Manhattan, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,571 SF condominium residence in The Netherlands; Three‑bedroom, one‑bathroom configuration with flexible floor plan; Estate condition requiring a full renovation
