Residential Income Property with
342 E 110th Street 2-D, Manhattan, NY 10029
For Sale
$625,000
Renovated corner residence combines two bedrooms with a private outdoor terrace and condominium amenities.
Property Size830 SF
Price / SF$753.01
Days on Market56
Property Features for 342 E 110th Street 2-D
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
virtual doorman
fitness center
resident recreation room
landscaped courtyard with gas grill
roof deck
private terrace
in-unit washer and dryer
Building Details
Building Size
Year Built
Listing Agency:
AURA NYC LLC
Listed By:
Shiv Babani
(201) 993-2810
Source:
Bondnyre
Added: Sep 15
Changed: Nov 7
Last Checked: Nov 8 at 2:32PM
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 AURA NYC LLC
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Investment Insights
Based on property information with market context.
Residence 2D is an 830-square-foot corner condominium home with two bedrooms and one-and-a-half bathrooms. Renovations include a kitchen with stone countertops and stainless-steel appliances, updated bathrooms, and a new in-unit washer and dryer. Hardwood floors, high ceilings, custom storage, a pantry, and a walk-in closet add practical detail. The primary bedroom is king-sized and has an en-suite bathroom; the second bedroom can also serve as an office or nursery. A private terrace extends the living space outdoors, while south-facing exposure brings in natural light and city views.
The Conrad includes a virtual doorman, fitness center, recreation room, landscaped courtyard with gas grill, and roof deck. The East Harlem location has nearby parks, restaurants, shops, supermarkets, and public transportation, with access to the FDR Drive and East River Ferry. LaGuardia Airport is approximately 15 minutes away by car.
The Conrad includes a virtual doorman, fitness center, recreation room, landscaped courtyard with gas grill, and roof deck. The East Harlem location has nearby parks, restaurants, shops, supermarkets, and public transportation, with access to the FDR Drive and East River Ferry. LaGuardia Airport is approximately 15 minutes away by car.
Key Highlights
- 830‑square‑foot corner condominium residence with two bedrooms and one‑and‑a‑half bathrooms
- Private terrace and south‑facing city views
- Renovated kitchen with stone countertops and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,652
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,040
$633.0K
Cap Rate 7%
$452,171
$452.2K
Cap Rate 9%
$351,689
$351.7K
Market Conditions
NOI Build-Up for 830 SF
Gross rent
$59.8K $72.00/SF
− Vacancy
−$2.2K −$2.66/SF
EGI
$57.5K $69.34/SF
− OpEx
−$25.9K −$31.20/SF
NOI
$31.7K $38.13/SF
Area
ZIP 10029
Vacancy
3.70%
Lease Rate
$72.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,040
Cap Rate 7%
$452,171
Cap Rate 9%
$351,689
Alternative Uses
Best Use
Apartment 5plus
$452.2K
$395.7K – $527.5K
NOI $31,652 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.3K
$507.7K – $677.0K
NOI $40,619 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,465
Businesses Nearby
Explore this area
Business Placement
Demographics for 10029, NY
78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value
Market
Average Price Trend$/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 - Renovated corner residence combines two bedrooms with a private outdoor terrace and condominium amenities.
Where is this residential income property located?
The property is located at 342 E 110th Street 2-D Manhattan, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 830‑square‑foot corner condominium residence with two bedrooms and one‑and‑a‑half bathrooms; Private terrace and south‑facing city views; Renovated kitchen with stone countertops and stainless‑steel appliances
