Residential Property in New
For Sale
$570,000
Pending
345 E 52nd Street 8G, New York City, NY 10022
Residential property for sale in New York, NY.
Property Size850 SF
Days on Market334
Property Features for 345 E 52nd Street 8G
General Information
Standard status
Pending
Size
850 SF
Property subtype
Apartment
Building Details
Building Size
850 SF
Year Built
1959
Listing Agency:
Compass
Listed By:
Eileen M Foy
(347) 463-8128
Source:
Howardhannanyc
Added: Nov 27, 2025
Changed: Oct 26
Last Checked: Oct 27 at 2:06AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A residential property is available for sale. The list price is $649,000.
Key Highlights
- Year Built: 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,594
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,880
$531.9K
Cap Rate 7%
$379,914
$379.9K
Cap Rate 9%
$295,489
$295.5K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$50.9K $59.88/SF
− Vacancy
−$2.5K −$2.99/SF
EGI
$48.4K $56.89/SF
− OpEx
−$21.8K −$25.60/SF
NOI
$26.6K $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%
$531,880
Cap Rate 7%
$379,914
Cap Rate 9%
$295,489
Alternative Uses
Best Use
Apartment 5plus
$379.9K
$332.4K – $443.2K
NOI $26,594 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.85M – $2.47M
NOI $148,104 @ 7.0% cap · market cap 25.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,411
Businesses Nearby
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Business Placement
Demographics for 10022, NY
36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Residential property for sale in New York, NY.
Where is this apartment building located?
The property is located at 345 E 52nd Street 8G New York City, NY.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Year Built: 1959
