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Residential Income Property with Open Plan
New
For Sale
$675,000

345 East 93rd Street, New York, NY 10128

New York, NY

Property Size725 SF
Price / SF$931.03
Days on Market1

Property Features for 345 East 93rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1
Standard status Active
Size 725 SF

Amenities

grand courtyard
renovated double-height lobby and hallways
24-hour concierge
live-in resident manager
fitness center
laundry rooms on every floor
bicycle storage
package storage
attached garage with discount
landscaped and furnished private sundeck with gas grill and mounted television
pet-friendly

Building Details

Year built 1975
Listing Agency: NextHome Residential
Listed By: Edward Hasicka
Added: Oct 22 Last Checked: Oct 22 at 11:06PM
MLS# 1065601

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.

This 725-square-foot residence on the 23rd floor of Mill Rock Plaza has an open kitchen, dining, and living area, plus one bedroom and a renovated bath. Piro Studio redesigned the interior. The kitchen features shaker cabinetry, Calcata Hawaii quartz, a walnut-slat island, and Samsung appliances. White oak flooring runs through the living areas, while four closets and custom storage systems add organization. Updated electrical components, water lines, and a two-zone through-wall heating and cooling system are also included.

Mill Rock Plaza is a full-service cooperative in Yorkville on Manhattan’s Upper East Side. Building amenities include a 24-hour concierge, residents’ fitness center, laundry rooms on every floor, bicycle and package storage, an attached garage, and a furnished private sundeck. The property is just off the FDR Drive and less than a block from the Q Express subway. Carl Schurz Park, the East River Promenade, Gracie Mansion, and Asphalt Green are nearby.

Key Highlights

  • 725‑square‑foot residence on the 23rd floor with southern exposure
  • Interior redesigned by Piro Studio, with an open kitchen, dining, and living area
  • Quartz waterfall island with walnut‑slat seating side and Samsung appliance suite

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,636
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,720 $452.7K
Cap Rate 7%
$323,371 $323.4K
Cap Rate 9%
$251,511 $251.5K
Market Conditions
NOI Build-Up for 725 SF
Gross rent
$43.4K $59.88/SF
− Vacancy
−$2.3K −$3.11/SF
EGI
$41.2K $56.77/SF
− OpEx
−$18.5K −$25.54/SF
NOI
$22.6K $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%
$452,720
Cap Rate 7%
$323,371
Cap Rate 9%
$251,511

Alternative Uses

Best Use
Apartment 5plus
$323.4K
$283.0K – $377.3K (±1% cap)
NOI $22,636 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K (±1% cap)
NOI $36,084 @ 7.0% cap · market cap 5.35%
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
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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

Frequently Asked Questions

What type of property is this?
Residential income property - A 23rd-floor home pairs southern exposure with an updated kitchen, renovated bath, and building services.
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 $675,000.
What are key features of this property?
This property features: 725‑square‑foot residence on the 23rd floor with southern exposure; Interior redesigned by Piro Studio, with an open kitchen, dining, and living area; Quartz waterfall island with walnut‑slat seating side and Samsung appliance suite
More about this property
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