Residential Income Property with
For Sale
$599,000
345 E 93rd Street 13G, New York City, NY 10128
Corner one-bedroom residence with an updated kitchen and access to full-service building amenities.
Property Size750 SF
Price / SF$798.67
Days on Market20
Property Features for 345 E 93rd Street 13G
General Information
Standard status
Active
Size
750 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
24-hour doorman
live-in superintendent
fitness center
landscaped roof deck
beautifully maintained courtyard
bike room
package room
laundry facilities on each floor
on-site parking garage
additional storage
Building Details
Building Size
750 SF
Year Built
1971
Listing Agency:
Erealty Advisors Inc
Listed By:
Michael Levy
(845) 232-1343
Source:
Howardhannanyc
Added: Oct 16
Changed: Oct 31
Last Checked: Nov 3 at 1:21PM
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 Erealty Advisors Inc
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Investment Insights
Based on property information with market context.
This corner one-bedroom residence at Mill Rock Plaza offers approximately 750 square feet, with an entry foyer, a combined living and dining area, hardwood floors, and multiple closets. Oversized windows bring natural light into the home. The updated kitchen has stainless steel appliances, cherry wood cabinetry, an undermount sink, and generous counter space. The building, completed in 1971, is a full-service cooperative with a 24-hour doorman and live-in superintendent.
Resident amenities include a fitness center, landscaped roof deck, courtyard, bike and package rooms, laundry facilities on each floor, an on-site parking garage, and additional storage. The cooperative is pet-friendly.
The property is on the Upper East Side, near the Second Avenue Q subway, Carl Schurz Park, the East River Esplanade, Asphalt Green, restaurants, cafes, and shopping.
Resident amenities include a fitness center, landscaped roof deck, courtyard, bike and package rooms, laundry facilities on each floor, an on-site parking garage, and additional storage. The cooperative is pet-friendly.
The property is on the Upper East Side, near the Second Avenue Q subway, Carl Schurz Park, the East River Esplanade, Asphalt Green, restaurants, cafes, and shopping.
Key Highlights
- Approximately 750 square feet in a corner one‑bedroom residence
- Updated kitchen with stainless steel appliances and cherry wood cabinetry
- 24‑hour doorman and live‑in superintendent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,416
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,320
$468.3K
Cap Rate 7%
$334,514
$334.5K
Cap Rate 9%
$260,178
$260.2K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$44.9K $59.88/SF
− Vacancy
−$2.3K −$3.11/SF
EGI
$42.6K $56.77/SF
− OpEx
−$19.2K −$25.54/SF
NOI
$23.4K $31.22/SF
Area
ZIP 10128
Vacancy
5.20%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,320
Cap Rate 7%
$334,514
Cap Rate 9%
$260,178
Alternative Uses
Best Use
Apartment 5plus
$334.5K
$292.7K – $390.3K
NOI $23,416 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$533.3K
$466.6K – $622.1K
NOI $37,328 @ 7.0% cap · market cap 6.23%
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
15,282
Businesses Nearby
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Business Placement
Demographics for 10128, NY
64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner one-bedroom residence with an updated kitchen and access to full-service building amenities.
Where is this residential income property located?
The property is located at 345 E 93rd Street 13G New York City, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 750 square feet in a corner one‑bedroom residence; Updated kitchen with stainless steel appliances and cherry wood cabinetry; 24‑hour doorman and live‑in superintendent
