Two-Bedroom Residential Income
New
For Sale
$1,570,000
350 E 72ND Street 4A, New York City, NY 10021
A separate dining room, office, or additional bedroom can be accommodated alongside the two-bedroom layout.
Property Size1,404 SF
Days on Market4
Property Features for 350 E 72ND Street 4A
General Information
Standard status
Active
Size
1,404 SF
Property subtype
Apartment
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$23,616
Amenities
24-hour doorman
concierge
live-in superintendent
bike room
storage
Building Details
Building Size
1,404 SF
Year Built
1988
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Dustin V Crouse · License #10301213122
(570) 337-5306
Source:
Serhant
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 1:02PM
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
Investment Insights
Based on property information with market context.
This 1,404-square-foot condominium at 350 E 72nd Street has two bedrooms and two full bathrooms. A central gallery separates the living space from the bedroom wing. The living room connects to a distinct dining room, which can alternatively serve as a den, office, or third bedroom. The galley kitchen has stainless-steel appliances and ample cabinetry and counter space. The primary bedroom includes an en-suite bath and multiple closets; the second bedroom has a walk-in closet. A dedicated laundry room contains a full-size washer and dryer.
Le Chambord has two residences per floor and provides a 24-hour doorman, concierge, live-in superintendent, bike room, and storage. The Q train is nearby, with dining, shopping, and neighborhood services in the surrounding area.
Le Chambord has two residences per floor and provides a 24-hour doorman, concierge, live-in superintendent, bike room, and storage. The Q train is nearby, with dining, shopping, and neighborhood services in the surrounding area.
Key Highlights
- 1,404‑square‑foot residence with two bedrooms and two full bathrooms
- Separate dining room can be configured as a third bedroom, den, or home office
- Dedicated laundry room with full‑size washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,927
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,540
$878.5K
Cap Rate 7%
$627,529
$627.5K
Cap Rate 9%
$488,078
$488.1K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$84.1K $59.88/SF
− Vacancy
−$4.2K −$2.99/SF
EGI
$79.9K $56.89/SF
− OpEx
−$35.9K −$25.60/SF
NOI
$43.9K $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%
$878,540
Cap Rate 7%
$627,529
Cap Rate 9%
$488,078
Alternative Uses
Best Use
Apartment 5plus
$627.5K
$549.1K – $732.1K
NOI $43,927 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.49M
$3.06M – $4.08M
NOI $244,633 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,410
Businesses Nearby
Explore this area
Business Placement
Demographics for 10021, NY
45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - A separate dining room, office, or additional bedroom can be accommodated alongside the two-bedroom layout.
Where is this residential income property located?
The property is located at 350 E 72ND Street 4A New York City, NY.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: 1,404‑square‑foot residence with two bedrooms and two full bathrooms; Separate dining room can be configured as a third bedroom, den, or home office; Dedicated laundry room with full‑size washer and dryer
