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Residential Income Property with Terrace

353 E 104TH Street 5D, Manhattan, NY 10029

For Sale
New
$850,000

A two-bedroom condominium pairs private outdoor space with an in-unit washer and dryer.

Property Size1,084 SF
Price / SF$784.13
Days on Market6

Property Features for 353 E 104TH Street 5D

General Information

Standard status Active
Size 1,084 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,396

Amenities

private east-facing terrace
doorman
superintendent
fitness center
landscaped rooftop garden
refrigerated cold storage
bicycle storage
private storage lockers
fifth-floor herb garden
in-unit washer and dryer
pet-friendly

Building Details

Building Size 1,084 SF
Year Built 2007
Listing Agency: Corcoran Group
Listed By: Gina N Taylor · License #40TA1055494 (NY)
Source: Carlinwright
Added: Nov 2 Changed: Nov 7 Last Checked: Nov 6 at 5:11PM

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 Corcoran Group

Rey
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Investment Insights

Based on property information with market context.

This 1,084-square-foot residence has two bedrooms, two full bathrooms, an open living and dining area, and a private east-facing terrace. Oversized east-facing windows, hardwood floors, and high ceilings are among its interior features. The kitchen includes GE stainless-steel appliances, quartz countertops, and wenge cabinetry; a Bosch washer and dryer and a linen closet are also inside the unit.

The LEED-certified condominium building offers a 16-hour doorman, superintendent, fitness center, landscaped rooftop garden, fifth-floor herb garden, refrigerated cold storage, bicycle storage, and private storage lockers. The building is pet-friendly. Neighborhood restaurants, supermarkets, shops, the East River waterfront, and the East River Trail are nearby. The 6 train at 103rd Street and Lexington Avenue is approximately four blocks away.

Key Highlights

  • 1,084 square feet with two bedrooms and two full bathrooms
  • Private east‑facing terrace and oversized east‑facing windows
  • Kitchen with GE stainless‑steel appliances, quartz countertops, and wenge cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,338
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,760 $826.8K
Cap Rate 7%
$590,543 $590.5K
Cap Rate 9%
$459,311 $459.3K
Market Conditions
NOI Build-Up for 1,084 SF
Gross rent
$78.0K $72.00/SF
− Vacancy
−$2.9K −$2.66/SF
EGI
$75.2K $69.34/SF
− OpEx
−$33.8K −$31.20/SF
NOI
$41.3K $38.13/SF
Area
ZIP 10029
Vacancy
3.70%
Lease Rate
$72.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,760
Cap Rate 7%
$590,543
Cap Rate 9%
$459,311

Alternative Uses

Best Use
Apartment 5plus
$590.5K
$516.7K – $689.0K (±1% cap)
NOI $41,338 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.87M
$3.38M – $4.51M (±1% cap)
NOI $270,729 @ 7.0% cap · market cap 31.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

6,535
Businesses Nearby

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value

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 two-bedroom condominium pairs private outdoor space with an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 353 E 104TH Street 5D Manhattan, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1,084 square feet with two bedrooms and two full bathrooms; Private east‑facing terrace and oversized east‑facing windows; Kitchen with GE stainless‑steel appliances, quartz countertops, and wenge cabinetry
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