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Two-Bedroom Residential Income Property

345 East 93rd Street, New York, NY 10128

For Sale
$750,000

New York, NY

Property Size900 SF
Price / SF$833.33
Days on Market47

Property Features for 345 East 93rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 1
Standard status Active
Size 900 SF

Amenities

grand courtyard at building entrance
renovated double-height lobby and hallways
24-hour concierge
live-in resident manager
fitness center
laundry rooms on every floor
wireless sensor array
bicycle and package storage rooms
landscaped furnished private sundeck with gas grill and mounted television
pet-friendly
ready for Verizon Fios, Spectrum, and Astound internet services

Building Details

Year built 1975
Listing Agency: NextHome Residential
Listed By: Edward Hasicka
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 9 at 12:06PM
MLS# 1054782

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Set on the 30th floor of Mill Rock Plaza, this 900-square-foot, two-bedroom residence has windows throughout, southern and eastern exposures, an oversized living room, and a windowed bathroom and kitchen. The home retains its original condition, and its column placement supports a range of renovation options. The second bedroom could also serve as a dining room, study, or home office. The property is a cooperative in Yorkville, near the FDR Drive and less than a block from the Q Express subway. Nearby destinations include Carl Schurz Park, the East River Promenade, Gracie Mansion, and Asphalt Green. Building amenities include a 24-hour concierge, a residents-only fitness center, laundry rooms on every floor, bicycle and package storage, an attached garage, and a private sundeck.

Key Highlights

  • Two‑bedroom residence with 900 square feet on the 30th floor
  • Windows in every room with southern and eastern exposures
  • Five floor‑to‑ceiling closets

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,099
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,980 $562.0K
Cap Rate 7%
$401,414 $401.4K
Cap Rate 9%
$312,211 $312.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$53.9K $59.88/SF
− Vacancy
−$2.8K −$3.11/SF
EGI
$51.1K $56.77/SF
− OpEx
−$23.0K −$25.54/SF
NOI
$28.1K $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%
$561,980
Cap Rate 7%
$401,414
Cap Rate 9%
$312,211

Alternative Uses

Best Use
Apartment 5plus
$401.4K
$351.2K – $468.3K (±1% cap)
NOI $28,099 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.9K
$559.9K – $746.6K (±1% cap)
NOI $44,793 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

15,282
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Residential income properties in New York

Jul
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Sep
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Frequently Asked Questions

What type of property is this?
Residential income property - Southern and eastern exposures provide natural light in every room, complemented by five floor-to-ceiling closets.
Where is this residential income property located?
The property is located at 345 East 93rd Street New York, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑bedroom residence with 900 square feet on the 30th floor; Windows in every room with southern and eastern exposures; Five floor‑to‑ceiling closets
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