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Residential Income Property with Home Office

35 W 90TH Street 8F, Manhattan, NY 10024

For Sale
$949,000
Pending

A separate windowed kitchen and in-unit washer/dryer complement the apartment’s flexible one-bedroom layout.

Property Size900 SF
Days on Market47

Property Features for 35 W 90TH Street 8F

General Information

Standard status Pending
Size 900 SF
Elevators Yes
Property subtype Apartment

Units

Unit Mix 1 x 1BR+home office/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

doorman
bike room
laundry room
in-unit washer/dryer

Building Details

Year Built 1931
Listing Agency: Douglas Elliman Real Estate
Listed By: Noam Y Gottlieb · License NY #10301213890
Source: Howardhannanyc
Added: Sep 24 Changed: Oct 31 Last Checked: Nov 8 at 4:37PM

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 Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

This approximately 900-square-foot cooperative apartment has one bedroom plus a separate home office. Its living and dining area is arranged around oversized windows, while the windowed kitchen offers stainless steel appliances and cabinet storage. The bedroom is more than 16 feet long and includes a walk-in closet; hardwood floors, additional closets, and an in-unit combination washer/dryer round out the interior. The building dates to 1931.

Building amenities include a full-time doorman, elevator, bike room, and basement laundry room. Central Park is nearby, along with restaurants, cafés, shops, cultural destinations, and everyday services. Multiple subway and bus options provide access across Manhattan.

Key Highlights

  • Approximately 900 square feet with one bedroom and a separate home office
  • Bedroom measures over 16 feet long and includes a walk‑in closet
  • Windowed kitchen with stainless steel appliances and generous cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,159
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,180 $563.2K
Cap Rate 7%
$402,271 $402.3K
Cap Rate 9%
$312,878 $312.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$53.9K $59.88/SF
− Vacancy
−$2.7K −$2.99/SF
EGI
$51.2K $56.89/SF
− OpEx
−$23.0K −$25.60/SF
NOI
$28.2K $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%
$563,180
Cap Rate 7%
$402,271
Cap Rate 9%
$312,878

Alternative Uses

Best Use
Apartment 5plus
$402.3K
$352.0K – $469.3K (±1% cap)
NOI $28,159 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.2K
$550.6K – $734.1K (±1% cap)
NOI $44,045 @ 7.0% cap · market cap 4.64%
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

Location Intelligence

Trade Area within ½ mile

10,691
Businesses Nearby

Demographics for 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A separate windowed kitchen and in-unit washer/dryer complement the apartment’s flexible one-bedroom layout.
Where is this residential income property located?
The property is located at 35 W 90TH Street 8F Manhattan, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Approximately 900 square feet with one bedroom and a separate home office; Bedroom measures over 16 feet long and includes a walk‑in closet; Windowed kitchen with stainless steel appliances and generous cabinetry
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